3 Year Ownership Cost Of My Mercedes S550 Coupe

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  • เผยแพร่เมื่อ 14 พ.ย. 2024

ความคิดเห็น • 21

  • @Dryloch
    @Dryloch หลายเดือนก่อน +1

    The power trunk motor came off on my Tesla. They came to my house and fixed it. They will even come out and rotate the tires which is the only real maintenance. Like you said, sometimes convenience makes it worth owning a more expensive car.

    • @ICNVDE
      @ICNVDE  หลายเดือนก่อน

      Yes!!! One of my dear friends owns a few Teslas and those things right there is what he always talks about as to why he switched and find it hard to leave the brand.

    • @Dryloch
      @Dryloch หลายเดือนก่อน

      @@ICNVDE Not to even mention you can leave the Air Conditioning on when you go into the store, 5 cameras constantly recording and monitoring the car, and now FSD is much better than when I first bought the car. FSD is getting closer to perfect everyday.

  • @jamesh1641
    @jamesh1641 2 หลายเดือนก่อน +2

    It’s not so much the maintenance costs that get you, but rather the repairs that occur outside of warranty as more miles are on the vehicle. Components like alternator, air conditioning, transmission, engine gaskets, suspension etc will rock your world. I have a MB and that’s the way it is. I’d love to know what MB dealer only charges under $200 for an oil change. You’ve found some winners.

    • @ICNVDE
      @ICNVDE  หลายเดือนก่อน +1

      Most S-class cars never exceed the 4yr 50k mile warranty offered on the new car purchase. Most 4 year old cars are typically between 28k to 44k miles. This doesn't mean the car is less reliable, it usually means it will require more servicing than repairs. This also makes it the perfect 2nd owner car for someone looking to get a bargain on an ultra luxury car. These are the type of cars I target, my car still had 15 mos of factory warranty when I purchased it. You can find 2019 S-Coupes with less than 30k miles cheaper than a Cadillac CT5.
      Some things will just cost money, but the ownership of the car is what you make it.
      Many people believe they have to get the repairs done by a MB dealer. There are luxury car repair shops out there that will provide repair work at discounted pricing compared to the dealer. But there are still other options, networking is very key to navigating life at reasonable costs. Get to know a mechanic that works on your type of car. The repair parts typically are not outrageous costs it's the labor. I got my brakes done by the lead service tech from the MB dealership on his day off. I bought the parts my self, gave him what he asked for and a $50 tip. I still paid less than 50% the repair cost i was quoted by the dealership.
      I've owned luxury cars for over 20 years and what I have learned is most car repairs never exceed the extended warranty cost during the coverage period. So if I have the extended warranty price in hand, I put it in a bank account and add the price difference to the car note in that account every month. It gives me a nice cushion for repair cost or worst case a down payment to get out the car for my next vehicle selection. Either way I've owned some very impressive cars and repaired them on average for the same cost as an 8 year old Maxima be fixed at a repair shop. BTW the dealers were MB in Naperville, IL and Orland Park, IL.

  • @benjamingenous4889
    @benjamingenous4889 หลายเดือนก่อน +1

    I agree very rare car.. Very informative video… My question is where did you take your S550 Coupe to get a $300 brake job.. Bruh that’s a plug for real.. I have a 2015 S550 Coupe I’m in the Chicago area I generally don’t go to the Benz store for service. However as you know not every shop can work on a car of that caliber.. This was a good video Bruh…

    • @ICNVDE
      @ICNVDE  หลายเดือนก่อน +1

      So typically what I do is I get to know mechanics that work at dealers, for most things they don't need a lift to make repairs; I usually can get them to come do it in my garage or bring it by their house and they'll do the work there. They'll also tell me where to get parts from to save money. Like now I met a mechanic that works at a Rolls Royce dealership and he's explaining how much of the Ghost and Wraith are BMW parts. And mechanical repairs can be done on the car for almost a 1/4 of the quoted price and even less if you know a guy... It has me thinking about cars I shouldn't be considering but they are falling into an affordable price range where I wouldn't mind enjoying one for a year or two.
      Taking a quick look at the prices, everything is higher these days. I did my break job in Oct 2019, the brake pad and rotors kit I purchased back then is now showing $571 as the lowest non auction site post, but they were just over $200 when I bought it. I see them out there for $323 in auctions on ebay. The dealer quoted me $779 plus tax and my brakes wasn't bad the dealer just pad slapped the car before I bought it and they were squealing. I believe if I really do my research I could get them done today for $425-$475.
      The mechanic told me give him $75 he'd knock it out real quick, or i could grab some bears and he'd come by the house and help me do it myself. Back then he use to charge people $100 for labor on most brake jobs plus parts. Well he came by the house knocked out the job while drinking a beer and watching the game. He told me I didn't have to pay him but I gave him $150, because I would've paid $550 if the dealer would've offered that price when I asked. Plus I didn't want him to feel like I was trying to exploit our friendship. We randomly talk from time to time today but his side hustle is running strong. I tried to get him to change the breaks on my wife's truck and he told me 3-4 weeks, and that was 6 weeks ago. We don't drive it so I'm not rushing but that's the only down side, you have to have patience to get great deals or at least another car so one can be down for a while.
      But the main point is if you network you can find ways to get great deals.

    • @benjamingenous4889
      @benjamingenous4889 หลายเดือนก่อน

      @@ICNVDE I agree you have to network…

  • @randysiggers5332
    @randysiggers5332 หลายเดือนก่อน

    Bro, yes, the cool thing about luxury dealers is how they treat you; the loaners aren't dogs. They have always been very nicely equipped, new models. I have driven a litany of cool rides and have gotten to experience the majority of Lexus' lineup. I own a Lexus RCF. It's a NA 5.0 V8 with (after an exhaust) over 500HP. My wife has the IS350 F Sport. We spend around 4k (for two cars) a year on maintenance. This is not from repairs, just oil changes, alignments, tires (I burn my backs off every 10 months), high-pressure fuel system cleaning, details (clay bar, buff, etc.), and more. We live in the sticks. We are 74 miles from our favorite dealer. Our costs are higher because we drive a lot. Unfortunately, country roads are a mix of the best and worst you've ever seen, which means potholes and more frequent $160.00 alignments. The details are very nicely done and are $230.00 per. We get about 4 per year, so that is an avoidable cost. And they are Lexus, so zero repairs, and both cars have over 100k miles. My wife has 140k miles, and I just hit 104k miles. Peace!

    • @PatrickGotHands
      @PatrickGotHands หลายเดือนก่อน +2

      $160 alignments 😅😂 what you driving a jet? 🛩️

    • @ICNVDE
      @ICNVDE  หลายเดือนก่อน

      Thanks for sharing, I've been looking into the Lexus RCF as of lately thinking about getting a car somewhere between 2018 and 2022. I wish the would've made an F version of the LC, I would've been all on it. I love the interior and the seats, but my heart still drifts back to the LC. I looking for a another car option to be more of a 3rd driver but hold that luxury appeal. I consider getting another S coupe, but they have been depreciating hard compared to the LC and I want this purchase to make sense as well as be a fun car with nice options to drive.

  • @mikef3928
    @mikef3928 หลายเดือนก่อน

    Moral of the history , do not buy it if you have that money invest the money on a better car

    • @ICNVDE
      @ICNVDE  หลายเดือนก่อน

      Interesting, that wouldn't be the stance I would take. The only real downside about this car to me was it depreciates badly. I get a lot of questions on this car today because its in the $35k to $45K price range on an 6-8 year old car, so many people are looking at them for that reason. They are well built and even people I know who own them with higher miles (80k)m still haven't had any crazy break downs or high costing repairs. Not saying they wont come but just understand the space you entering into when you purchase something that old or high miled.

  • @rickjames2934
    @rickjames2934 หลายเดือนก่อน

    I drive a glc amg 63s coupe edition one. Fun car but truly overpriced in evey aspect

    • @ICNVDE
      @ICNVDE  หลายเดือนก่อน

      My wife really wanted one when the first came out, but they were flying off the lots like hotcakes.

    • @rickjames2934
      @rickjames2934 หลายเดือนก่อน

      @ICNVDE yeah they only made 63 of them in the us

  • @truth6242
    @truth6242 หลายเดือนก่อน

    Can you afford to own my 21 yrs old 2003 E500? Because it cost like a muthasucka LOL

    • @ThatGuy-mn2gg
      @ThatGuy-mn2gg หลายเดือนก่อน

      GOAT ride. Just like the E39, the best design language of either brand.

    • @ICNVDE
      @ICNVDE  หลายเดือนก่อน

      Great question and to be honest, that's one of those hidden gems that you find a way... I don't think at this point I would drive it as much as I did the S coupe and it wouldn't be my primary car, it would be the car show car events vehicle for me. I think it would become an every other weekend car summer driver and because of that I'd keep the miles and repair cost down. The few people I know with one drive them what I consider a lot, they at car meets and carshows all the time. They push it on the highway and like to show its no slouch, so I know it can be a fun drive but when they go down it's never a quick turnaround. Usually a week or 3 for what I consider small repairs, but its just the inconvenience of not having it when you want it.

  • @thiosemicarbizidebenzoylal2921
    @thiosemicarbizidebenzoylal2921 2 หลายเดือนก่อน

    Hold up. ANY S class Mercedes are traditionally DOCTORS AND HIGH PAID LAWYERS CARS from the start of the series. If you are not one or the other or make that type of money on a daily basis then you probably will be concerned with cost. Large Dental clinic Dentist traditionally own EXOTIC cars, and you dont even wanna know how much those dudes are pulling in.

    • @ICNVDE
      @ICNVDE  หลายเดือนก่อน +1

      I think that's the misconception we grew up with, these cars were meant for a certain status individual. My mind shifted after I left college, I met more entrepreneurs with the S- Class cars.... Accountants, HR Directors, School Bus Company Owners, Mortgage Brokers, Land Lords with 3 or more rental properties, etc... and it was more of a status symbol than primary driver. So my mind shifted to if you invest in yourself you can own this car, but the truth is every person that owns this car has one thing in common, they are to busy to really drive the car so its about what the car represents.
      Most S-class cars never exceed the 4yr 50k mile warranty given, the miles are typically between 28k to 44k miles. This doesn't mean the car is less reliable, it usually means it will require more servicing than repairs. This also makes it the perfect 2nd owner car for someone looking to get a bargain on an ultra luxury car. Most people don't get into repair cost until the car has 70k miles or is 8-10 years old. Even today I see several 2019 S-class sedans that are in affordable price ranges that someone cold purchase and potentially drive for 3-4 years with only paying servicing cost. There are some 17 and 18 coupes that straddle that affordable cost, but the 15 and 16s are extremely affordable but will come with more than just maintenance costs over 3 years of ownership. When I say affordable I'm talking $45k to $50k or lower.
      The cost becomes the concern because would you rather have a Cadillac CT5 or a 2017 S-Coupe? I would chose the S-coupe any day of the week and 3 times a day on the weekend. With a warranty many people believe they can own one but they still fear the non warranty coverage items and I completely understand why.