Mercedes Depreciation? - Mercedes-Benz Forum

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post #1 of 26 (permalink) Old 10-16-2014, 07:04 PM Thread Starter
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Mercedes Depreciation?

What Gives how come Mercedes Depreciation is so much? IN a few years you can drive 100K Amg car without a problem. The only ones that have decent depriciation is the clk63 Black Series but they were going for 138k now 60-75k still up there but they also lost alot.
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post #2 of 26 (permalink) Old 10-16-2014, 07:35 PM
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That's a very good question, I just picked up my 03 E 320 for less than $8000 I couldn't believe that they were one of the least expensive used cars on the market today literally the same value as my 06 Civic lol!
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post #3 of 26 (permalink) Old 10-16-2014, 08:11 PM
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Hard to tell

As with most cars, it depends on the model and probably reputation.

A few years ago I paid $10k for an MB almost 30 years old and was pleased to do it. The car is fairly common and in good shape but not a concours example by far. It just happened to be what I wanted for a daily ride. The rule is: If it is what you want to drive, buy the best you can afford.
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post #4 of 26 (permalink) Old 10-16-2014, 08:53 PM
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Depreciation.

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Originally Posted by mytymaus007 View Post
What Gives how come Mercedes Depreciation is so much? IN a few years you can drive 100K Amg car without a problem. The only ones that have decent depriciation is the clk63 Black Series but they were going for 138k now 60-75k still up there but they also lost alot.
I do not buy brand new cars anyways so what it sells for brand new makes no difference to me and it is something I never factor when buying a car. Fact of the matter is 99% of cars on the road go down in value. MB or some other brand. Some go down faster then others. There maybe 1 or 2 modern MB (2000 and newer that will go up in value) One of them being the CLK GTR and the other being the CLK DTM... A CLK63 BS I do not see jumping up in value anytime soon. Too many of them around and they resemble a CLK 550.

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post #5 of 26 (permalink) Old 10-17-2014, 12:04 AM
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It's (as usual), market demand. People who drive $120k cars don't buy used. So you have to bring down the price to where you most probable buyer will come from.
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post #6 of 26 (permalink) Old 10-17-2014, 04:38 AM
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Maybe you found the reason

The newer the car (MB or any), the more complex and loaded with peripheral systems. I would guess that many used car buyers see them as a repair cost catastrophe waiting to happen whereas new car buyers don't care. I'm sure that the many manufacturer pre-owned warranty programs are intended to address this issue.

I know that I do all maintenance that doesn't require a lift on my W123 whereas my wife's 2008 E320 goes to the dealer. Luckily we are blessed with an honest dealer.
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post #7 of 26 (permalink) Old 10-17-2014, 10:20 AM
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I don't know about newer having higher depreciation.
I was selling perfectly running W124 diesel, what per my estimate was at 50% of its usable age, yet I could not sell it fast for 5% of cost of new one.
Several factors
- when you take aging MB to dealer for "free safety inspection" and it will come with $9900 estimate, that often exceeds car value
- very few owners DIY, that is why buying or leasing new car with guarantee makes sense to them,.
- the new car smell and no restriction on option choice is hard to beat.
That said, I love the depreciation. For years I've been buying MB diesels in southern, or eastern states, bringing them to California, driving for 2-3 years and selling for profit.
No other brand would let me drive with fashion and make money on it.


Last edited by Kajtek1; 10-17-2014 at 10:23 AM.
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post #8 of 26 (permalink) Old 10-18-2014, 06:30 AM
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I enjoy my 2006 ML 350 very much. Bought it used, and thought it was a good deal then. Its kept par with depreciation. I think I will upgrade in a year, probably to a certified pre-owned. The repair factors on these beasts certainly will make me think twice about what I pay for the next one. I make a good living, but cringe when a $300.00 repair on a Japanese car is a 900.00 repair on my German one. And that's the low end.
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post #9 of 26 (permalink) Old 10-18-2014, 08:12 AM
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$300 is what we spend on ML320 repairs during 13 years of ownership.
Don't know much about Japanese, but any comparable repair on my Ford trucks have been always more expensive and than much more of them.

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post #10 of 26 (permalink) Old 10-18-2014, 08:29 AM
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Historically, "luxury" cars have experienced the greatest depreciation from new.

The bottom line is supply and demand.

In many cases, the auto manufactures flood the market with leased cars using low down/low payments to lure buyers. Last time I was into a MB dealer considering a new C Class, the salesperson promoted the lease heavily. It is just easier to sell. The vast majority of these cars will be returned to the dealer at the end of the lease (and not bought by the original lessee).

There are a variety of factors that drive the supply side.

As mentioned by others here, there is a large percentage of the new car buyer market where buyers will only buy new. Some of those buyers have conditioned themselves to always sell or trade in their car after X miles or Y years. I have a brother that always sells the cars he bought new before he has to change the brakes. That means he is out of the car within 3 years.

The next tier of sellers are the owners that do not want to own a car that is out of warranty.

Followed by the folks that get freaked out when the odo rolls over 100,000...

And each time it changes hand, there is a buyer/dealer that wants the lowest price possible.

The icing on the cake is that in almost all cases, once the car is out of the manufactures warranty, the out of pocket mechanical repairs costs will rise dramatically. Most used car buyers appreciate that and want a "discount" to offset some or all of those probable future costs.
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