*I agree with you. I personally like that I lease my new Lexus. I'm OCD on lease cars. I have a 3yr lease on my 2024 ES300h. Afterwards, I plan to upgrade to lease a Lexus LS500. I will be 70yrs old at that time. I like leasing cars at my older age, I don't have worry so much as the car is under warranty during the 3 years of driving the car. At my age, I don't want the stress or worrying about my car after warranty ends if I purchase the car. *Leasing a Lexus Car fits my Retirement $budget$ for a car. I'm driving a brand new car every 2 - 3 years with very little or zero money down payment.👍
Somebody who works in the automotive industry, I love when all these places always quote how much the car depreciates but that's never reflected in the sales price. Car pricing still makes no sense.
@@danhall5761 Car sales and minor repair. It's a smaller operation where I am currently so I do everything. Including automotive transport. Yeh I have a CDL.
Because a cars sale value brand new isnt an indicator of its resale market value? Resale market value depends on the markets value for the car which is impacted by multiple factors the brand new price is cost of development, manufacture, delivery and the fact its new so as seen in most cases a car costs significantly more brand new than it does second hand
Pre rona depreciation was represented in sales price for some vehicles. Compare an Acccord to a Chevy Malibu. Same class of vehicle that can be similarly equipt for the same MSRP, but no one was paying MSRP for the Malibu, and people were paying close to MSRP for the Accord. The resale value of the Malibu is terrible, but the Accord's is awesome. Also, look at Toyota Tacoma vs Chevy Colorado again pre rona. Compare new sale prices of Jaguar XJ's to S Classes and 7 Series' they are lower and the resale value is lower. When dealing with resale value, it should be looked at vs. other vehicles in its class. Not as a whole. I agree car pricing makes no sense.
The rich folk don't want them because they can lease a new one. The average folk can't afford the to maintain them. That is why the resale prices are so low.
That's not saying much since the tundra can cost 90k+ and the Sequoia frequently costs over 100k. Don't get me started on the land cruiser. @@slurp3194
In the wee hours o' the mornin'...on an empty highway...I hit 150 in my 2001 E55 AMG on my way to work. On a fairly regular basis. The roar of that big N/A V8...is magnificent!! I'd like to take this moment to thank depreciation...for making it possible...😉
If you can afford the repairs, or do them yourself, they’re a great get after the depreciation. The mistake too many people make is assuming the cost-to-own also depreciates.
I LOVE me some late 80s/early 90s AMG, so I'd be much more interested in wrenching one of those instead of a new MB where you need a masters in computer science to make the damn thing work. And I say that as someone who daily drives a 23 Giulia.
You'd be surprised. Literally almost everything on my mom's 3rd gen TL is significantly more expensive & 100% harder to get than on my pre facelift C207 chassis or my sister's late w203 chassis. The 2 Mercedes are also 100% easier to wrench on.
1999-2000 E320 w/ 100,000 miles. Top notch condition, previous owner took immaculate care of it. I shared my life story w/ him and because of the immense pain I’ve been through he Sold it to me for an absolute screaming deal, straight up cash. (once in a lifetime deal, less than $3k) . Been the new owner for over a year now, have had absolutely zero problems,mechanic said it’s in amazing shape, no issues at all. and honestly nothing about it is expensive,for a vintage classic Benz everything is absolutely affordable. All that Bullshyt about parts being expensive....is 100% referring only to BRAND NEW MERCEDES, but only absolute dummies are getting those & they can’t actually afford them plus they don’t even own them, they get loans and blah blah blah. BOTTOM LINE IS IF YOU CANNOT STRAIGHT UP BUY THE CAR TWICE ,YOU CANNOT AFFORD IT.
Why do they depreciate so hard? Because they are overpriced pieces of junk that cost obscene amounts to repair, and their only value is as a status symbol, which once the new body style is out and everyone knows your car isn’t brand new, that goes out the window too!
Those cars get insaine milage in europe(were people take care of them) and their price doesn't fall that much as it does in US(where people abuse them).About "overpriced" and "expensive repairs" i can only say-gum in not for the bum(if you can't afford Benz,Bmw or Audi go buy a damn honda or toyota)
@@RandomHuman1103They're not the same cars in Europe. Europe has different engines in the same models . Mostly smaller, less complicated ones and diesel engines.
The irony. My coworker and I discuss buying new cars all the time and he recently said he would get a 2019-ish S450 or S560 for around 30K used. I called bullshit until we actually searched them up and realized he was right.
5 years is usually the sweet spot for luxury performance vehicles. I got a fully loaded 2020 Lincoln Aviator black label a couple of months ago for $42K with 26K miles on it. It was $104K brand new.
@@overlord6815 naw man like he said, those lease return sales are absolutely thrashed mechanically, they dont take care of em, the oil has been cheaped out on, the fluids have never been checked, the doors have always been slammed, their pedals have experienced 2 modes of foot, FULL BODYWEIGHT and nothing, because rich people honestly have 0 pedal control... it's honestly never a deal unless you get one from a cop auction or something. 40 grand for a car that's only ACTUALLY worth about 10-15k in real value (think what it really could be safely sold for if manufacturers just wanted to make a small profit, a few %) instead they Jack it up at every step so everyone who touches that thing pays 4 times what it's worth and they know they're gonna get to keep all that extra.
1999-2000 E320 w/ 100,000 miles, absolute amazing condition, zero issues. I shared my life story & because of the immense pain I’ve been through the guy sold it too me for less than $2500 cash. Have had it for over a year now, no issues whatsoever and being a vintage classic Benz nothing is expensive, everything is completely affordable. People just don’t understand, they think because it’s “Mercedes” it’s expensive. Truth is that’s only for Brand new Mercedes but people who have those don’t actually even own them, get a loan or lease etc etc 🤦🏽. THE BOTTOM LINE IS THIS: IF YOU CANNOT BUY THE CAR TWICE, YOU CANNOT AFFORD IT.
@@orderofmagnitude-TPATP YOU ARE 100% WRONG! I got a 1999-2000 E320 w/ 100,000 miles, absolute amazing condition, zero issues. I shared my life story & because of the immense pain I’ve been through the guy sold it too me for less than $2500 cash. I Have had it for over a year now, no issues whatsoever, mechanic even said it’s in absolutely great condition and being a vintage classic Benz nothing is expensive on it actually everything is completely affordable. People just don’t understand, they think because it’s “Mercedes” it’s expensive. Truth is that’s only for Brand new Mercedes etc... but people who have those don’t actually even own them, they get a loan or a lease and have a lifetime of payments etc etc 🤦🏽. THE BOTTOMLINE IS THIS: IF YOU CANNOT BUY THE CAR TWICE, YOU CANNOT AFFORD IT.
I'm going to add my own experience to the conversation. I bought a used 2009 Audi A5 with the 3.2 V6 and a manual transmission. I've put well over 100,000 miles on it, myself, and it's damn close to 200,000 right now. I've had to do virtually nothing to it in the way of repairs. A door lock regulator... that's the one thing I can think of. It's been a fantastic car.
I'll add my experience: 2011 ML350 4matic with 180k miles. Bought used in 2016 with 80k miles already for only $15k. Has been an amazing purchase and I still get compliments on it
Bought a used 2013 A4 53000 miles on it , Had to replace the engine in less than a year. Still love the performance of the Audi's but no more for me .😄
@@Ghostisback817 Those 2.0 engines can be pretty hit-or-miss. I've known people who have had great luck with 'em, but yours isn't the first story I've heard just like that.
Probably because the previous owner replaced everything that started going wrong with it. Thought they didn't want to put more money into it while the value keeps tanking and passed it on to you. So you get a trouble free car for a while
There's a reason S-Class's are used as taxis in Germany. No import tax because they're domestic cars there. Same reason why Ford Mustangs are expensive overseas.
@@nilpatel2795new S Class are rarely used as a taxi in Germany, those are E200d's, not E350s! You have no idea what you're talking about. Do you drive Mercedes? I do!!? Btw, this video applies to the U.S. market.
Not necessarily, you can buy a 3-year-old one for almost half the price and still get a better deal, there's no way the repairs will cost that much. The problem is that most people aren't prepared for it. They think buying a 2010 E-class for 20k means the maintenance will be that of a 20k car.
I've owned several Mercedes and actually have 3 right now! 06 S55. 08 C300 4matic. And a 11 E350 sport coupe! They are great cars and are very cheap to maintain if you can do all the work yourself! If you can't then it gets very very expensive! It's a love hate thing.
I have a c63 it was my dream car growing up and it hasn't disappointed I absolutely love it. The service bill does hurt though. If you want one of these cars please make sure you have the cash flow to service or the kills to do it yourself or it will become a nightmare. Even basic things like brakes and rotors cost close to 10k at a dealership be warned.
My buddy bought a clean E55 AMG with the carbon fiber package for $9,000 before Covid. It was like a $150,000 car new I believe. Insane depreciation but worked out well for my buddy
Got me a '87 300 TE 4matic, last combustion car ill ever need. Has all the comfort options you want but none of the computer crap. Any of the post 2000 cars are so loaded up with electronics and rare special parts on the AMGs that you're just SOL if anything breaks or wears down. They are cheap because maintenance was neglected and they need upwards of 10k just to get up to spec. Of course if you really want to invest and build the car that doesn't matter.
No, fixing or sourcing parts for an s-class or 7 series is generally a nightmare especially newer ones. The only time this was feasible at least in my career was in the Middle East and I'll leave it at that
@@richardjones9375 nah a 2007 CL definitely would've looked dated in 2014. What @i_Nihil_i is saying is true, the people who buy mercedes always want the very newest generation. Because it has a certain prestige. If you compare the 2007 CL to for example the 2014 S-class you can easily see which one is a newer generation.
Even though they depreciate fast, it still doesn't mean they are thrashed. In India, corporates lease cars for their employees but they are a way to reduce the tax burden and get car for cheap. After the lease term ends employees usually pay the remaining value and own them in their name.
As a financial advisor - most (most) my top clients (worth millions) do not buy new MB’s or BMW’s or any of that. That how they got rich - they were smart not stupid
I refuse to buy the narrative that billionaires are driving around in 90s corollas... I've known plenty of rich people and they either drive luxury cars or teslas.
Toxic relationships are the worst.I was in one I loved the girl with all my heart was my high school sweetheart but I realized I couldn't be in this relationship because I would end up dying at the hands of my exgf She was bipolar an when she would take perks she would go crazy plus social media simps have her thinking she can do no wrong even when she goes crazy! it may hurt at the moment?You better off leaving a toxic relationship cause it may be your life that you save
Just because the cars are leased doesn't mean they're thrashed 😂 the issue is poor preventative maintenance and accidents. Also, the reason for the depreciation is because of the short warranty and the fact that after about a year, something electronic starts to go bad. Out of warranty, trying to fix any of the electronic issues can be done costs tends of thousands, just so your active seat bolsters work properly. Then you have the cost of any work, parts, etc
That makes me think that they design them like this on purpose… basically what the video says I guess. They get their profit, owner gives it back, they don’t have to do any warranty work on it, sell it cheap, make a bit of extra cash, repeat
If you make less than $100k a year don't buy one unless you like working on your own car and/or don't have multiple children. Never buy a bill people. 😂
For the father trying 2 make his daughter seem like the victim when she's the one that is responsible for them being dead and her being injured! The father's definitely right.His daughter is a dumb 18 year old!
I mean its about 20% worth of car, it doesnt matter if you will buy s clas, a class, 3 series, honds or toyota you will always loose 15-25% xD and thats normal just in this case price seems high
Had a C36 AMG 20 years ago, did Koni Reds/rrar adjustable custom camber arms myself, did own oil changes, paid a shop 1x to do the 'high tension leads'(ignition wires) and the problematic Lower A Arm Bushings... worth every penny to drive that car. Wish I had it now for a full mechanical OM606 swap.
I love how when a girl's attractive.Everybody likes to give them the benefit of the doubt even if they psychotic And it's clear as day that they have malicious intent or a horrible person
Mercedes l've leased, 11. Mercedes l've owned 2, 76 450 SL and a 450 SEC. I still own them but l would NEVER buy a modern Mercedes. Up to 60k miles excellent luxury. After 60k massive expensive repairs. My experience is that AMGs are more troublesome. Lease a loaded S Class
Got a 2000 C280 with 73k miles for $3K 6 years ago. Has over 120k now. So far...new rotors and pads for $300. Runs like a top and I'll have it for another 10 years easy. The secret to owning a used Benz...do your own maintenance and repair. Edit: It's got the Sport Package...2-tone leather seats, stiffer suspension, 16" alloy wheels, flip down back seats...I can sell it for $5k easy at this point...😉
Bro i just dated a girl like this Literally did voodo an put a spell on me tried 2 kill me set me up all that luckily i got tiped off by her friend an got a restraining order an she look similar to MacKenzie a cute lil petite brunette white girl!
@@famicomnintendohow when they’re reliable .. remember this you only worry about maintenance if it’s not reliable . The Lexus is reliable so you don’t have to fix much .
@@chuemoua6834 the ls is a good car but it has certain problems and the v8 is expensive to work on. If you fix it yourself and want one as à toy oelr as à week-end car go for it but they cost a lot to maintint when they get older and they are thirsty, runs on premium gas. They don't fall apart like a 7 séries or an S-class but they are expensive to keep on the road
If people were smart, not in the feels, literally everyone would buy either Honda or Toyota. Logic serves that a purchase to this degree should ONLY be calculated on reliability and statistical data ALONE. Even if you’re the mechanic who can fix a car, it would still serve you well to purchase a car from a historically noted reliable brand, and NOTHING else. But people don’t think that way. People buy what they like, then they wonder why they’re paying more to maintain and repair it than they did to buy it.
There are 2 important things to note here 1st is that in europe(and even in africa and middle east) those cars hold price better than in the US(mostly because of good maintainance) 2nd is that buying new Mercedes or BMW and taking care of it would make it last as long as honda or toyota(i've seen some with 400k-650k miles)
This is exactly it, Ive even had dealerships say they cant do my oil because they dont have the specialty equipment for my 2015 bmw... I do it myself and it literally measures the oil level itself. I have never had an issue.
@@Dogtrio 2015? You dont know nothing. You have an 4 cilinder? All German cars are bad after 2004.... But it is because European regulations... So buy a good car, please....
Please read and take notes!!!! As a guy who owns a benz… I’ll tell you this! If you can afford a used benz. You should have enough money to own it too. Good luck! And remember, If you can afford to purchase a car of the lot, or a down payment. Don’t forget about the costs that will creep up on you. Like maintenance, fuel, mechanical/electrical issues, unexpected flat tires and more..
Im 19 and drove off the lot with a big body 540i M package that some dork paid 70k from factory for😂 it only has 20k miles bmw certified clean record bought it for 34😂😂😂😂😂
@@biznesmen9229 you don't know what you're talking about, go talk to a dozen technicians who work on the cars, I'm a former technician as well. The problem is that the parts on these cars fail prematurely, you can keep replacing the same part like a fool and keep thinking you're a smart guy meanwhile MB parts manufacturers are laughing all the way to the bank with their planned obsolescence.
If you work hard and you want to buy, own or lease do what you feel . At the end of the day it’s your money . Enjoy it cause it’ll all go someday Me personally I would dream of buying my s63 amg coupe cash… never selling it , just keeping it and slightly modding it That’s my dream and tbh I wouldn’t let anyone talk me out of it 😩❤️
I went and bought an old Lexus ES in one go. Leather and smooth ride with the maintenance cost of a Camry. Stress free. Obviously not a performance car but that’s what the IS cars are for.
brother, I also have a used mercedes. what does this mean that I'm going to get my hands dirty. cut the bullshit you're talking about and then come and talk about a car like the mercedes s class.❤
Reason is that THEIR ARE JUNK IN TEMRS OF RELIABILITY , MAINTAINANCE COST IS TOO HIGH . TJAT PEOPLE JUST SELL THEM AFTER 3 YEARS . THATS WHY YOU WILL FIND MOST GERMAN CARS IN DIRT CHEAP PRICE AFTER 3 YEARS OF USAGE . THIS COME FROM A PERSON WHOSE FATHER HAS GARAGE AND WORKS ON GERMAN BRAND CARS MOSTLY , MY FATHER SAYS THAT = THEY FUN TO DRIVE BUT HEADACHE TO OWN .
People here talking about maintenence costs and all that rubbish. It is more expensive to maintain a Ford F-150, a mustang and a Cadillac than a Mercedes or BMW. You guys love trashing German cars for their reliability and good build because you think we viewers all live in a trailer park
Exactly, people love to run their mouths about how pricy the replacement parts and labor are, but completely ignore the fact that they're ordering 30-70$ worth of parts for their truck *every week.* In 4 years of ownership, I had to replace 1 part on my 2002 Mercedes. One. Other than break pads, fluids, and tires, I spent 800$ on repairs total. I upgraded to a 2016 and have spent $0 on the car since I bought it, except for gas ⛽️.
Cadillacs still pretty good & that’s true. C coupe class & Gle have never gave any issues. S class doesn’t depreciate as much as what he said idk where he got that ridiculous number.
No. I'm a 36 year old male and I have a 2003 SL500, 98k brand new, my insurance is 160 a month. However the air suspension fucked me in the ass real hard so I had to put coil overs on it. Which cost 5k. Get a used benz without the air suspension. I've owned 4 Mercedes. Great cars! Pretty reasonable to own if you can fix it yourself
Typically, older cars are less expensive to insure, regardless of what it is, as long as the current value of the vehicle is less than a late model car. Insurance doesn’t pay for all the mechanical issues that pop up on these cars, so they don’t care
Basically, she wanted to judge trial.Because her dad probably had connections and a lot of money an knew hey .A judge would be more likely to favor a little white.Girls VS a jury might have a son.Or something and not sympathize towards her and give her life This system is all about who you know and how much money you have!
There are multiple reasons. The leasing means there's a lot of them on the market. They are also used extensively for car service/livery business. They are also a status symbol, and people that buy them turn them in after a couple years for the next technologically advanced model. Expensive repairs out of warranty is just another factor that drags down value after supply/demand has done its job.
German cars are fast and beautiful Thrully elegant. That being said i will never own one of them, not worth it for me, rather get 15yr old Toyota that will still give me less problems than 5 year old german car
From experience driving a classic 1994 C280 myself as my first car in my life, unless you want to bankrupt yourself or if you’re really that rich for the newer Benz cars, stick to the old ones to offset that upfront cost. The maintenance on my C280, just for parts like the water pump alone, costed more than a pump that goes on a domestic or Japanese branded vehicle, despite the cheap upfront cost for the car itself. Consider your financial capability first before committing to a German luxury car.
I love getting a car that once had an MSRP of $140k for $40k. It’s still the same car, same trinkets, but for a heavy discount which I’m not opposed to. I just recently got such a deal and I’m very happy.
A comment from a car enthusiast that loves the S classes and that why I currently own an S65 AMG and an S63 AMG 😄. I can confirm the prices of the struts are eye watering as I had to do them on my S65 AMG but what a car to own!
German engineering is a joke nowadays.Im not saying it as a "hater", but the Germans lost the plot.Mercedes used to make stuff that was meant to last and engineering complicated things to be simpler. It's the exact opposite these days and it makes their brand look cheap AF.If you drive around in most 2000's Mercs, you come of as foolish poor man trying to look rich.Yet the 70's,80's and even early 90's cars still on the road don't carry that stigma. I'm sorry, but Toyota and Honda evolved to the stage where they can create sporty, exciting cars that can have reliability.Mercedes should be able to do the same.
@@biznesmen9229 I've never seen an A class here in the states.Those early to mid 2000 Chrysler-Mercedes era E-class the S class models( suspension destroyed), I've seen SO MANY times in poorer Neighborhoods.All the people I knew over the years who bought them(usually used) couldn't afford to maintain them, and even if they were drivable, they knew that would still fail inspection due to constant CEL codes. One of my neighbors swears by Mercedes though and that's the ONLY car she will buy.However, she is loaded with cash so she can afford to always take her leased car in for the scheduled maintenance until it's time for her to upgrade to the next model.
Most people are scared of the maintenance and running cost like premium fuel. Plus if you can't afford it new it won't make sense to buy it used unless it's not getting driven much. For me every car depreciates so it doesn't really matter when its got nearly 200k miles in 5-7 years. Even the most notorious value holders drop when you get to that point since they're hard to get financing and most don't want that kind of mileage due to reliability and more repairs.
This is pure fact. I have a 2003 S55 AMG that has depreciated to less than $10,000 with under 100,000 miles while my 2005 Subaru WRX STi still holds a value of at least $20,000. German vehicles are nice to drive, but not nice to own.
Newer models have far too many electronic components and the reliability issues come into play. Strip the electrical gremlins away you will have a fine automobile
Just get the old Mercs, those cars prove what Mercedes actually stood for back then. 1990's W140 S-Class, Also known as "Der Kathedral" appreciated as one of the last S-class series ever made to be a true S-Class, especially the 600SEL The 1980's W126 S-Class. To me and many others, still the one and only, true and best S-class ever made. (I own two of these.) The 1980's W124's (1986 300D in my possession) The 1970's W123's The early 70's and late 60's 300SEL 6.3. The W100 Mercedes-Benz 600, the flagship model for 20 years. The 300SL Gullwing and Roadster. and everything before. Those models all made Mercedes, Mercedes. The modern ones? Not even close. All the way up until like 89, Mercedes truly did make "The best or nothing."
Bought Used GLC63 for 78k with 40k km, after 2,5 years sold for 70k with 80k km. Maintenance is expensive, like 2300 usd for Service B and 1300 for Service A. "Lost" like 10k-11k total in 2,5 years of owning of 500 HP. The secret is not buying new
I’m strongly considering a V8 Mercedes. AMG C63 is at the top of my list. How much pain am I getting myself in to? Would an Audi RS7 be any less painful?
For that same depreciation value of that vehicle... I'll buy a 1989 190E Baby Benz. With a throttle body. Single carb. Straight 5. For $2000. Turn around. And... But a 1986 Vixen 21' Motor Home With a BMW Diesel V6. 4 Speed Manual. Still have enough for insurance and registration. As Classic Vehicles. Put gas in their tanks. Have $50 left to stock up my Vixen For a week long bug out. With my mountain bike. Any questions?
Own Japanese cars
Lease German cars
Be like me and buy a German built Japanese car 😂😂😂
@@kazeyy112That is?
@@VampirusXsupra
@@Treaxvour Ah ok. Not a fan. Already had recalls BMW had to handle. The engine is good tho.
You can own and love German cars too but they have to be 20 years old or more
Maserati holds the crown for depreciation value follow burnt cookie 221 or modded motors for good content or not you guys are amazing pat on back
I see what you did there
least reliable cars
Even though the mc20 is carbon fiber it will find a way to rust
older aston martins:
To be fair he should show us a Maserati he bought and repaired @@JobiWan144
Father always told me. If you can’t afford to buy a new Benz, you definitely can’t afford a used Benz
Your father is wise, and you also are if you followed his steps on this matter
he was absolutely wrong tho.
our family has owned 2 used S class and 3 BMWs
@@S9.S4owning is one thing, keeping it working properly is another
@@jeeedle it's actually not that bad considering how you drive it.
My Dad has been driving W221 S500 for 3 yrs now.
spend enough to keep it running
@@S9.S4 So in other words, your family can afford a new Mercedes. So original post is correct
People leasing those types of vehicles for 2-3 years don't typically "thrash" their cars.
I've never known anyone who leased ANY car to "thrash" them. They were actually more OCD about their cars than those of us who purchased.
Exactly
Nope I know multiple people who lease Mercedes and they get abused to the max
You're wrong lease is like rental before you give it back you see what it can do
*I agree with you.
I personally like that I lease my new Lexus.
I'm OCD on lease cars.
I have a 3yr lease on my 2024 ES300h.
Afterwards,
I plan to upgrade to lease a Lexus LS500.
I will be 70yrs old at that time. I like leasing cars at my older age, I don't have worry so much as the car is under warranty during the
3 years of driving the car.
At my age, I don't want the stress or worrying about my car after warranty ends if I purchase the car.
*Leasing a Lexus Car fits my Retirement $budget$ for a car. I'm driving a brand new car every 2 - 3 years with very little or zero money down payment.👍
Somebody who works in the automotive industry, I love when all these places always quote how much the car depreciates but that's never reflected in the sales price. Car pricing still makes no sense.
So you don’t work in sales?
@@danhall5761 Car sales and minor repair. It's a smaller operation where I am currently so I do everything. Including automotive transport. Yeh I have a CDL.
Because a cars sale value brand new isnt an indicator of its resale market value? Resale market value depends on the markets value for the car which is impacted by multiple factors the brand new price is cost of development, manufacture, delivery and the fact its new so as seen in most cases a car costs significantly more brand new than it does second hand
Pre rona depreciation was represented in sales price for some vehicles. Compare an Acccord to a Chevy Malibu. Same class of vehicle that can be similarly equipt for the same MSRP, but no one was paying MSRP for the Malibu, and people were paying close to MSRP for the Accord. The resale value of the Malibu is terrible, but the Accord's is awesome.
Also, look at Toyota Tacoma vs Chevy Colorado again pre rona.
Compare new sale prices of Jaguar XJ's to S Classes and 7 Series' they are lower and the resale value is lower.
When dealing with resale value, it should be looked at vs. other vehicles in its class. Not as a whole.
I agree car pricing makes no sense.
Depreciation is for you not for the dealers 😂
Going to buy a bimmer and put $10k in mods. Then I'll sell it in a few years.
Few years later
Dealership: BAHAHAHA!! You want how much?! 😂
10k in mods so like, 4 things
😅@@Fuffcat
@@Fuffcatprobably less. I wouldn’t doubt an intake is 2k don’t forget they all need the down pipe!
Mods don't add value. Probably make it worth even less.
Nobody pays for your mods. Cars should be Stock anyway at best
The depreciation comes from the overwhelming maintenance costs over the years.
It’s funny how after 5-6 years. Toyotas and Hondas go for more then Mercedes and bmw.
The rich folk don't want them because they can lease a new one.
The average folk can't afford the to maintain them.
That is why the resale prices are so low.
We rich people own new cars not a 1989 molded pos
That's not saying much since the tundra can cost 90k+ and the Sequoia frequently costs over 100k. Don't get me started on the land cruiser. @@slurp3194
@@SalSanchez-dy6cn well congrats man
In the wee hours o' the mornin'...on an empty highway...I hit 150 in my 2001 E55 AMG on my way to work. On a fairly regular basis. The roar of that big N/A V8...is magnificent!!
I'd like to take this moment to thank depreciation...for making it possible...😉
S55 myself, nothing like pre-recession Benz platforms.
If you can afford the repairs, or do them yourself, they’re a great get after the depreciation. The mistake too many people make is assuming the cost-to-own also depreciates.
Just be careful because doing your own repairs will also tank the car's value further.
Only because they can't do the repairs nor want to pay the shop
I LOVE me some late 80s/early 90s AMG, so I'd be much more interested in wrenching one of those instead of a new MB where you need a masters in computer science to make the damn thing work. And I say that as someone who daily drives a 23 Giulia.
Amen.
Giulia's are 1 of like 4 appealing modern cars. More power to ya ✌️🤘
Don't Guilias have Ferrari engines in them?
Parts are still expensive as hell
You'd be surprised. Literally almost everything on my mom's 3rd gen TL is significantly more expensive & 100% harder to get than on my pre facelift C207 chassis or my sister's late w203 chassis.
The 2 Mercedes are also 100% easier to wrench on.
If you're in America it's piss cheap, try living in Australia where we pay 6 to 8x the price for European car parts
1999-2000 E320 w/ 100,000 miles. Top notch condition, previous owner took immaculate care of it. I shared my life story w/ him and because of the immense pain I’ve been through he Sold it to me for an absolute screaming deal, straight up cash. (once in a lifetime deal, less than $3k) . Been the new owner for over a year now, have had absolutely zero problems,mechanic said it’s in amazing shape, no issues at all. and honestly nothing about it is expensive,for a vintage classic Benz everything is absolutely affordable. All that Bullshyt about parts being expensive....is 100% referring only to BRAND NEW MERCEDES, but only absolute dummies are getting those & they can’t actually afford them plus they don’t even own them, they get loans and blah blah blah. BOTTOM LINE IS IF YOU CANNOT STRAIGHT UP BUY THE CAR TWICE ,YOU CANNOT AFFORD IT.
@@RothBeyondTheGraveYou mean an Acura TL?
@@PneumaticFrogWow..
I bought a 3-year-old benz about 11 years ago. I still have it and it is still running great.
You're not finding a 300SEL for $1500, not easily at least
I just found a 300ce coupe running in the UK for £1k
Passed its MOT today needing 1 front tyre replaced, I'll change all 4
"not easily" being the operative phrase here
@@PepeLePewPew-qy3enyou're lucky, buy a lottery ticket
Same here , I will try to find one of those 300SEL for that cheap , the lowest price will be like $8,K .
just found one.
Why do they depreciate so hard? Because they are overpriced pieces of junk that cost obscene amounts to repair, and their only value is as a status symbol, which once the new body style is out and everyone knows your car isn’t brand new, that goes out the window too!
Those cars get insaine milage in europe(were people take care of them) and their price doesn't fall that much as it does in US(where people abuse them).About "overpriced" and "expensive repairs" i can only say-gum in not for the bum(if you can't afford Benz,Bmw or Audi go buy a damn honda or toyota)
@@RandomHuman1103 wouldnt parts be cheaper in Europe than the US?
@@jb121391 Probably,but not too much(probably due to the shipping)
They are amazing to drive
@@RandomHuman1103They're not the same cars in Europe. Europe has different engines in the same models . Mostly smaller, less complicated ones and diesel engines.
The irony. My coworker and I discuss buying new cars all the time and he recently said he would get a 2019-ish S450 or S560 for around 30K used. I called bullshit until we actually searched them up and realized he was right.
5 years is usually the sweet spot for luxury performance vehicles. I got a fully loaded 2020 Lincoln Aviator black label a couple of months ago for $42K with 26K miles on it. It was $104K brand new.
@@MondoChow777 Jeez. Kind of scary to see a car depreciate like that but it's a hell of a deal.
@@overlord6815 naw man like he said, those lease return sales are absolutely thrashed mechanically, they dont take care of em, the oil has been cheaped out on, the fluids have never been checked, the doors have always been slammed, their pedals have experienced 2 modes of foot, FULL BODYWEIGHT and nothing, because rich people honestly have 0 pedal control... it's honestly never a deal unless you get one from a cop auction or something. 40 grand for a car that's only ACTUALLY worth about 10-15k in real value (think what it really could be safely sold for if manufacturers just wanted to make a small profit, a few %) instead they Jack it up at every step so everyone who touches that thing pays 4 times what it's worth and they know they're gonna get to keep all that extra.
@@NeoIsrafilI lease and I literally care for the car like it was a member of my family. There's definitely some of us out there
@MondoChow777 I call bs. Aviator is just a explorer. 😂😂😂
You must be thinking about a navigator
I'd choose the $1500 1989 300SeLs for the next 300years😂
De beste opmerking ooit!❤
Except that don't exist no more. Double maybe triple it.
Decade ago - yeah sure
...
+1 I'd love to get any SL or SEL for $1500, but the price has gone up. Anyway, I'd preffer the old indestructable Benz over the new ones ❤
1999-2000 E320 w/ 100,000 miles, absolute amazing condition, zero issues. I shared my life story & because of the immense pain I’ve been through the guy sold it too me for less than $2500 cash. Have had it for over a year now, no issues whatsoever and being a vintage classic Benz nothing is expensive, everything is completely affordable. People just don’t understand, they think because it’s “Mercedes” it’s expensive. Truth is that’s only for Brand new Mercedes but people who have those don’t actually even own them, get a loan or lease etc etc 🤦🏽.
THE BOTTOM LINE IS THIS: IF YOU CANNOT BUY THE CAR TWICE, YOU CANNOT AFFORD IT.
@@orderofmagnitude-TPATP YOU ARE 100% WRONG! I got a 1999-2000
E320 w/ 100,000 miles, absolute amazing condition, zero issues. I shared my life story & because of the immense pain I’ve been through the guy sold it too me for less than $2500 cash. I Have had it for over a year now, no issues whatsoever, mechanic even said it’s in absolutely great condition and being a vintage classic Benz nothing is expensive on it actually everything is completely affordable. People just don’t understand, they think because it’s “Mercedes” it’s expensive. Truth is that’s only for Brand new Mercedes etc... but people who have those don’t actually even own them, they get a loan or a lease and have a lifetime of payments etc etc 🤦🏽.
THE BOTTOMLINE IS THIS: IF YOU CANNOT BUY THE CAR TWICE, YOU CANNOT AFFORD IT.
I'm going to add my own experience to the conversation. I bought a used 2009 Audi A5 with the 3.2 V6 and a manual transmission. I've put well over 100,000 miles on it, myself, and it's damn close to 200,000 right now. I've had to do virtually nothing to it in the way of repairs. A door lock regulator... that's the one thing I can think of. It's been a fantastic car.
Outstanding, here's to many more trouble free miles. 👍
I'll add my experience: 2011 ML350 4matic with 180k miles. Bought used in 2016 with 80k miles already for only $15k. Has been an amazing purchase and I still get compliments on it
Bought a used 2013 A4 53000 miles on it , Had to replace the engine in less than a year. Still love the performance of the Audi's but no more for me .😄
@@Ghostisback817 Those 2.0 engines can be pretty hit-or-miss. I've known people who have had great luck with 'em, but yours isn't the first story I've heard just like that.
Probably because the previous owner replaced everything that started going wrong with it. Thought they didn't want to put more money into it while the value keeps tanking and passed it on to you. So you get a trouble free car for a while
Number 1 reason is the first buyer absorbs the almost 30% import tax on German cars. How do people keep forgetting that?
Oh man that’s insane !
Because it’s not true. Google “US Import Duty on German cars.” It’s two and a half percent (2.5%).
@@kylesteiner4158that is true but some states tax cars differently. Some states tax higher than that
There's a reason S-Class's are used as taxis in Germany. No import tax because they're domestic cars there. Same reason why Ford Mustangs are expensive overseas.
@@nilpatel2795new S Class are rarely used as a taxi in Germany, those are E200d's, not E350s! You have no idea what you're talking about. Do you drive Mercedes? I do!!? Btw, this video applies to the U.S. market.
If you’re not the first and only owner it makes less and less sense to buy a luxury vehicle, especially a performance version
Not necessarily, you can buy a 3-year-old one for almost half the price and still get a better deal, there's no way the repairs will cost that much.
The problem is that most people aren't prepared for it. They think buying a 2010 E-class for 20k means the maintenance will be that of a 20k car.
I agree but I have only owned 3 so far.
I've owned several Mercedes and actually have 3 right now! 06 S55. 08 C300 4matic. And a 11 E350 sport coupe! They are great cars and are very cheap to maintain if you can do all the work yourself! If you can't then it gets very very expensive! It's a love hate thing.
can u be my dad
@@SimplyTiffany2009 Sorry. I am currently not excepting any adoptions at this time!
@@jayh9635 nooooooooooooooo😢
@@SimplyTiffany2009 🤷🏼♂️
03 S55, fully loaded. LOVELY. Want a *65 😊
I have a c63 it was my dream car growing up and it hasn't disappointed I absolutely love it. The service bill does hurt though. If you want one of these cars please make sure you have the cash flow to service or the kills to do it yourself or it will become a nightmare. Even basic things like brakes and rotors cost close to 10k at a dealership be warned.
300 SEL for the win
My buddy bought a clean E55 AMG with the carbon fiber package for $9,000 before Covid. It was like a $150,000 car new I believe. Insane depreciation but worked out well for my buddy
What’ year
@@sammymobs3889 2004 I believe?
@@sammymobs3889 2004 I believe?
Definitely what year?? Hmm 2016?
9000...that aint clean😅
Got me a '87 300 TE 4matic, last combustion car ill ever need. Has all the comfort options you want but none of the computer crap.
Any of the post 2000 cars are so loaded up with electronics and rare special parts on the AMGs that you're just SOL if anything breaks or wears down. They are cheap because maintenance was neglected and they need upwards of 10k just to get up to spec. Of course if you really want to invest and build the car that doesn't matter.
U bent de eerste die het begrijpt💪🏼👍🏼
Well Said.
No, fixing or sourcing parts for an s-class or 7 series is generally a nightmare especially newer ones. The only time this was feasible at least in my career was in the Middle East and I'll leave it at that
Im currently living there can you please give me a reason why?
@@Cloud-zi9zlI made it tf up
@@Cloud-zi9zl all the stolen cars get sent there and to crapholes in africa and eastern EU.
Bought a 1993 E class (W124 Chassis).
Absolute Tanks, dont want to get burned by the newer ones - I had my fair share of electric gremlins already 😅
Nice, keep up the good work ❤
Those cars were clean af but probably a mechanical nightmare
Benz and BMW tend to be bad. Audis don't if you avoid a few models
Death by Body module😂
Its also because they refresh the models so often, so rich people need to get the newest tech more often
Nah Mercedes doesn’t change for 8 years. I had a 2007 CL600 in 2014 and it still looked like the 2014 model.
@@richardjones9375 nah a 2007 CL definitely would've looked dated in 2014. What @i_Nihil_i is saying is true, the people who buy mercedes always want the very newest generation. Because it has a certain prestige. If you compare the 2007 CL to for example the 2014 S-class you can easily see which one is a newer generation.
Even though they depreciate fast, it still doesn't mean they are thrashed.
In India, corporates lease cars for their employees but they are a way to reduce the tax burden and get car for cheap.
After the lease term ends employees usually pay the remaining value and own them in their name.
That is interesting, thanks for sharing. 👍
As a financial advisor - most (most) my top clients (worth millions) do not buy new MB’s or BMW’s or any of that. That how they got rich - they were smart not stupid
What kinda car do they own? Even though being millionares, they could spend 100k like pocket change?
I refuse to buy the narrative that billionaires are driving around in 90s corollas... I've known plenty of rich people and they either drive luxury cars or teslas.
As a financial advisor myself for over 20 years I can confirm that is a lie
@@kingkannon8158a big one! 😆
We have leased about 10 Mercedes over the last 20 years, and then after the lease we just buy them out which is cheaper and smarter
Toxic relationships are the worst.I was in one I loved the girl with all my heart was my high school sweetheart but I realized I couldn't be in this relationship because I would end up dying at the hands of my exgf
She was bipolar an when she would take perks she would go crazy plus social media simps have her thinking she can do no wrong even when she goes crazy!
it may hurt at the moment?You better off leaving a toxic relationship cause it may be your life that you save
Just because the cars are leased doesn't mean they're thrashed 😂 the issue is poor preventative maintenance and accidents. Also, the reason for the depreciation is because of the short warranty and the fact that after about a year, something electronic starts to go bad. Out of warranty, trying to fix any of the electronic issues can be done costs tends of thousands, just so your active seat bolsters work properly. Then you have the cost of any work, parts, etc
That makes me think that they design them like this on purpose… basically what the video says I guess. They get their profit, owner gives it back, they don’t have to do any warranty work on it, sell it cheap, make a bit of extra cash, repeat
21 dummies no nothing
If you make less than $100k a year don't buy one unless you like working on your own car and/or don't have multiple children. Never buy a bill people. 😂
For the father trying 2 make his daughter seem like the victim when she's the one that is responsible for them being dead and her being injured!
The father's definitely right.His daughter is a dumb 18 year old!
I mean its about 20% worth of car, it doesnt matter if you will buy s clas, a class, 3 series, honds or toyota you will always loose 15-25% xD and thats normal just in this case price seems high
Had a C36 AMG 20 years ago, did Koni Reds/rrar adjustable custom camber arms myself, did own oil changes, paid a shop 1x to do the 'high tension leads'(ignition wires) and the problematic Lower A Arm Bushings... worth every penny to drive that car. Wish I had it now for a full mechanical OM606 swap.
as somebody who doesn't want a boring first car i see no down side to depreciation
I love how when a girl's attractive.Everybody likes to give them the benefit of the doubt even if they psychotic And it's clear as day that they have malicious intent or a horrible person
I'm thinking of going to a police auction and getting a crown vic
Police sold off the crown vics 20 years ago.
If you get the crown vic with the police interceptor package, that car should last a very long time. 👍
Yes but how do you get rid of the stench of pig from the interior?
Mercedes l've leased, 11. Mercedes l've owned 2, 76 450 SL and a 450 SEC. I still own them but l would NEVER buy a modern Mercedes. Up to 60k miles excellent luxury. After 60k massive expensive repairs. My experience is that AMGs are more troublesome. Lease a loaded S Class
Got a 2000 C280 with 73k miles for $3K 6 years ago. Has over 120k now. So far...new rotors and pads for $300. Runs like a top and I'll have it for another 10 years easy. The secret to owning a used Benz...do your own maintenance and repair.
Edit: It's got the Sport Package...2-tone leather seats, stiffer suspension, 16" alloy wheels, flip down back seats...I can sell it for $5k easy at this point...😉
Bingo
Bro i just dated a girl like this
Literally did voodo an put a spell on me tried 2 kill me set me up all that luckily i got tiped off by her friend an got a restraining order an she look similar to MacKenzie a cute lil petite brunette white girl!
Ill Stick to my Lexus LS
nice reliable car, but they also get very expensive to maintain and fix
@famicomnintendo still more reliable than any German car
@@famicomnintendohow when they’re reliable .. remember this you only worry about maintenance if it’s not reliable . The Lexus is reliable so you don’t have to fix much .
@@chuemoua6834 the ls is a good car but it has certain problems and the v8 is expensive to work on. If you fix it yourself and want one as à toy oelr as à week-end car go for it but they cost a lot to maintint when they get older and they are thirsty, runs on premium gas. They don't fall apart like a 7 séries or an S-class but they are expensive to keep on the road
If people were smart, not in the feels, literally everyone would buy either Honda or Toyota. Logic serves that a purchase to this degree should ONLY be calculated on reliability and statistical data ALONE. Even if you’re the mechanic who can fix a car, it would still serve you well to purchase a car from a historically noted reliable brand, and NOTHING else. But people don’t think that way. People buy what they like, then they wonder why they’re paying more to maintain and repair it than they did to buy it.
There are 2 important things to note here
1st is that in europe(and even in africa and middle east) those cars hold price better than in the US(mostly because of good maintainance)
2nd is that buying new Mercedes or BMW and taking care of it would make it last as long as honda or toyota(i've seen some with 400k-650k miles)
This is exactly it, Ive even had dealerships say they cant do my oil because they dont have the specialty equipment for my 2015 bmw... I do it myself and it literally measures the oil level itself. I have never had an issue.
Yes in parts of Africa 10yr old Mercedes with 100k miles still costs alot
@@Dogtrio
2015? You dont know nothing. You have an 4 cilinder? All German cars are bad after 2004.... But it is because European regulations... So buy a good car, please....
@@robbertroomer6705
And what's that car? Please don't recommend him Ford
@@robbertroomer6705 What are you on about? 'All German cars'? 'because of European regulations'?
Typical the system always takes its easy on women especially if they young an good looking its embarrassing if it was vice versa it would be life
Please read and take notes!!!!
As a guy who owns a benz… I’ll tell you this! If you can afford a used benz. You should have enough money to own it too.
Good luck! And remember, If you can afford to purchase a car of the lot, or a down payment. Don’t forget about the costs that will creep up on you. Like maintenance, fuel, mechanical/electrical issues, unexpected flat tires and more..
Yes, cost of ownership is the "hidden" cost that many forget about.
@@lpg12338 they do. It’s the hidden cost they don’t tell you about.
Im 19 and drove off the lot with a big body 540i M package that some dork paid 70k from factory for😂 it only has 20k miles bmw certified clean record bought it for 34😂😂😂😂😂
I'm a mechanic and all new Mercedes are garbage, I hate working on them knowing even if I fix them they will be back broken again..
So fix those cars correctly, in EU those Mercedes Benz cars are making easily 500-600k kilometers of mileage, if you can't fix them just don't do it
@@biznesmen9229some of them even more(i saw e270cdi with 750k)
@@biznesmen9229 you don't know what you're talking about, go talk to a dozen technicians who work on the cars, I'm a former technician as well. The problem is that the parts on these cars fail prematurely, you can keep replacing the same part like a fool and keep thinking you're a smart guy meanwhile MB parts manufacturers are laughing all the way to the bank with their planned obsolescence.
A penny for your thoughts on the W205 c43..
@tgw230 you're not wrong haha. I'd say that goes for all newer cars though. They aren't built to last anymore.
If you work hard and you want to buy, own or lease do what you feel . At the end of the day it’s your money . Enjoy it cause it’ll all go someday
Me personally I would dream of buying my s63 amg coupe cash… never selling it , just keeping it and slightly modding it
That’s my dream and tbh I wouldn’t let anyone talk me out of it 😩❤️
I went and bought an old Lexus ES in one go. Leather and smooth ride with the maintenance cost of a Camry. Stress free. Obviously not a performance car but that’s what the IS cars are for.
brother, I also have a used mercedes. what does this mean that I'm going to get my hands dirty. cut the bullshit you're talking about and then come and talk about a car like the mercedes s class.❤
Am going for the 2008 Mercedes Benz C63 AMG
Sick car,just don't floor it from the stop(it'il spin hard)😂
Reason is that THEIR ARE JUNK IN TEMRS OF RELIABILITY , MAINTAINANCE COST IS TOO HIGH . TJAT PEOPLE JUST SELL THEM AFTER 3 YEARS . THATS WHY YOU WILL FIND MOST GERMAN CARS IN DIRT CHEAP PRICE AFTER 3 YEARS OF USAGE . THIS COME FROM A PERSON WHOSE FATHER HAS GARAGE AND WORKS ON GERMAN BRAND CARS MOSTLY ,
MY FATHER SAYS THAT = THEY FUN TO DRIVE BUT HEADACHE TO OWN .
People here talking about maintenence costs and all that rubbish. It is more expensive to maintain a Ford F-150, a mustang and a Cadillac than a Mercedes or BMW. You guys love trashing German cars for their reliability and good build because you think we viewers all live in a trailer park
Mercedes = Reliability? 😂😂😂 Are you stupid?
Exactly, people love to run their mouths about how pricy the replacement parts and labor are, but completely ignore the fact that they're ordering 30-70$ worth of parts for their truck *every week.* In 4 years of ownership, I had to replace 1 part on my 2002 Mercedes. One. Other than break pads, fluids, and tires, I spent 800$ on repairs total. I upgraded to a 2016 and have spent $0 on the car since I bought it, except for gas ⛽️.
no, we not compare to us cars, but compare to japanese car
I think you aren’t factoring the people who don’t take care of their vehicles
Cadillacs still pretty good & that’s true. C coupe class & Gle have never gave any issues. S class doesn’t depreciate as much as what he said idk where he got that ridiculous number.
You think owning Mercedes in US will brake you??? 😂 Try European prices and then we are at another level…
My plan is to LS Swap these good looking perfect handling pieces of art , so I can get the best of both worlds
Are insurances of these older cars expensive?
I had a 2008 Lexus is and it was about 650$ every 6 months when I was 19
No. I'm a 36 year old male and I have a 2003 SL500, 98k brand new, my insurance is 160 a month. However the air suspension fucked me in the ass real hard so I had to put coil overs on it. Which cost 5k. Get a used benz without the air suspension. I've owned 4 Mercedes. Great cars! Pretty reasonable to own if you can fix it yourself
Typically, older cars are less expensive to insure, regardless of what it is, as long as the current value of the vehicle is less than a late model car. Insurance doesn’t pay for all the mechanical issues that pop up on these cars, so they don’t care
I'm 23 rn so it wasn't forever ago. don't trip to much you'll pay a little extra cause we are young but it'll still be cheaper than a newer car
Yes, depending on your city and if you owe on it.
Basically, she wanted to judge trial.Because her dad probably had connections and a lot of money an knew hey .A judge would be more likely to favor a little white.Girls VS a jury might have a son.Or something and not sympathize towards her and give her life
This system is all about who you know and how much money you have!
What does that have to do with this
It's not the leasing that is the main reason. It's the poor reliability over time and the insane repair costs
There are multiple reasons. The leasing means there's a lot of them on the market. They are also used extensively for car service/livery business. They are also a status symbol, and people that buy them turn them in after a couple years for the next technologically advanced model. Expensive repairs out of warranty is just another factor that drags down value after supply/demand has done its job.
German cars are fast and beautiful
Thrully elegant. That being said i will never own one of them, not worth it for me, rather get 15yr old Toyota that will still give me less problems than 5 year old german car
They make their money back when people buy them used and need repairs. Shit cost like its brand new
@ 25:40 When your father finally speaks the truth bout u 😂😂
German cars are build for 2-3 years of leasing. BMW crushes 125.000 cars every year.
Where did you get that information from?
🧢🧢
Uhh, source?
I would pick the EK9 Honda Civic Type R over a Mercedes ANY day.
it's because they're electronic/technology centric. those elements are rapidly worn and outdated.
Who cares if they depreciate? Are you getting it with intentions to keep it, then it shouldn't matter what it's worth.
Benz are trash!!! Lexus is the way to go.
Yes indeed
The reason they depreciate so much isn’t cause they’re leased for the first years it’s just that they were garbage to begin with
Lmao that’s not why. It’s because used market buyers know they ain’t worth much.
Real guys own older Mercedes-Benz and keep them on the road...
In my country if they are not Leasing rich wouldn't buy used for this luxury car so good for people who want to owned/ used German luxury car 😂
I don't recommend a used BMW. It's being sold used for a reason..
Alfas depreciate even harder. I was tempted just for the Ferrari seats.
Cause they are high maintenance. Like my ex wife. Get rid of em fast
Buy Toyota
Borrow your friends Mercedez
Very good deal 😊
Yeah, this sounds like a US problem. It's not the case here in South Africa.
America has its own version of everything, from cars to food .....and the foreign version is always much better.
Also, they are constantly coming out with new models 😮
From experience driving a classic 1994 C280 myself as my first car in my life, unless you want to bankrupt yourself or if you’re really that rich for the newer Benz cars, stick to the old ones to offset that upfront cost. The maintenance on my C280, just for parts like the water pump alone, costed more than a pump that goes on a domestic or Japanese branded vehicle, despite the cheap upfront cost for the car itself. Consider your financial capability first before committing to a German luxury car.
I went from Mercedes to Tesla. I want my car to be simple. I get in and go. No oil no gas just tire rotation and charge.
There's still some fluids and filters to be changed though! You only dropped out the engine oil change.
I love getting a car that once had an MSRP of $140k for $40k. It’s still the same car, same trinkets, but for a heavy discount which I’m not opposed to. I just recently got such a deal and I’m very happy.
A comment from a car enthusiast that loves the S classes and that why I currently own an S65 AMG and an S63 AMG 😄. I can confirm the prices of the struts are eye watering as I had to do them on my S65 AMG but what a car to own!
Those V12s... Lovely. Can't you not get ABC kits from third parties?
German engineering is a joke nowadays.Im not saying it as a "hater", but the Germans lost the plot.Mercedes used to make stuff that was meant to last and engineering complicated things to be simpler.
It's the exact opposite these days and it makes their brand look cheap AF.If you drive around in most 2000's Mercs, you come of as foolish poor man trying to look rich.Yet the 70's,80's and even early 90's cars still on the road don't carry that stigma.
I'm sorry, but Toyota and Honda evolved to the stage where they can create sporty, exciting cars that can have reliability.Mercedes should be able to do the same.
Bro those cars are reliable but they just added segments for poor people
A class, cla, b class
@@biznesmen9229 I've never seen an A class here in the states.Those early to mid 2000 Chrysler-Mercedes era E-class the S class models( suspension destroyed), I've seen SO MANY times in poorer Neighborhoods.All the people I knew over the years who bought them(usually used) couldn't afford to maintain them, and even if they were drivable, they knew that would still fail inspection due to constant CEL codes.
One of my neighbors swears by Mercedes though and that's the ONLY car she will buy.However, she is loaded with cash so she can afford to always take her leased car in for the scheduled maintenance until it's time for her to upgrade to the next model.
2000s mercedes are really reliable feel free to buy used
Lexus doesn’t depreciates as much as the German cars.
don’t care still buying one (a used one 😭)
No wonder toyota's keep their value
its bad for us cuz we cant have them at all
Most people are scared of the maintenance and running cost like premium fuel. Plus if you can't afford it new it won't make sense to buy it used unless it's not getting driven much. For me every car depreciates so it doesn't really matter when its got nearly 200k miles in 5-7 years. Even the most notorious value holders drop when you get to that point since they're hard to get financing and most don't want that kind of mileage due to reliability and more repairs.
Nothing more expensive than a cheap Mercedes
As long as it's under 10k and it's worth it to me I'm scared 😳 haha
Cliffhanger goes crazy
The CLS in this video is a poser
This is pure fact. I have a 2003 S55 AMG that has depreciated to less than $10,000 with under 100,000 miles while my 2005 Subaru WRX STi still holds a value of at least $20,000. German vehicles are nice to drive, but not nice to own.
Newer models have far too many electronic components and the reliability issues come into play. Strip the electrical gremlins away you will have a fine automobile
Just get the old Mercs, those cars prove what Mercedes actually stood for back then.
1990's W140 S-Class, Also known as "Der Kathedral" appreciated as one of the last S-class series ever made to be a true S-Class, especially the 600SEL
The 1980's W126 S-Class. To me and many others, still the one and only, true and best S-class ever made. (I own two of these.)
The 1980's W124's (1986 300D in my possession)
The 1970's W123's
The early 70's and late 60's 300SEL 6.3.
The W100 Mercedes-Benz 600, the flagship model for 20 years.
The 300SL Gullwing and Roadster.
and everything before.
Those models all made Mercedes, Mercedes.
The modern ones? Not even close.
All the way up until like 89, Mercedes truly did make "The best or nothing."
Bought Used GLC63 for 78k with 40k km, after 2,5 years sold for 70k with 80k km.
Maintenance is expensive, like 2300 usd for Service B and 1300 for Service A.
"Lost" like 10k-11k total in 2,5 years of owning of 500 HP. The secret is not buying new
I’m strongly considering a V8 Mercedes.
AMG C63 is at the top of my list.
How much pain am I getting myself in to?
Would an Audi RS7 be any less painful?
For that same depreciation value of that vehicle...
I'll buy a 1989 190E Baby Benz.
With a throttle body.
Single carb.
Straight 5.
For $2000.
Turn around.
And...
But a 1986 Vixen 21' Motor Home
With a BMW Diesel V6.
4 Speed Manual.
Still have enough for insurance and registration. As Classic Vehicles.
Put gas in their tanks.
Have $50 left to stock up my Vixen
For a week long bug out.
With my mountain bike.
Any questions?