Depreciation schedule..
Thread Starter
Super Member
Joined: Aug 2005
Posts: 519
Likes: 125
From: Ohio/Florida
2023 GLC 300 4MATIC
Depreciation schedule..
is there a depreciation schedule of some sorts which illustrates how much our E320's depreciate each year? Just wondering what my 2002's value will be in 3 years. That's when my extended warranty expires and I'll be looking to sell it.
Member
Joined: Apr 2005
Posts: 92
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From: San Jose, Ca.
2000 E430, 2001 Harley Fatboy
Unless you are using the schedule for tax purposes it really doesnt matter. All that matters is what a similar car at the same time is selling for. In 3 years everybody could want your car or nobody could. Never can tell, dont worry about it. Enjoy your car.
MBWorld Fanatic!
Joined: Jan 2004
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From: Seattle WA
99 E320
MBWorld Fanatic!
Joined: May 2005
Posts: 2,825
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From: New Jersey
things with and without wheels
cars depreciate a lot faster when you put a lot of miles or dont take care of the car.Drive the car and enjoy it ,remember you can't take it with you when your number is up.If you use the car than dont think of it as an investment, because you'll never enjoy it and be scared to drive it anywhere.
MBWorld Fanatic!
Joined: Aug 2003
Posts: 1,138
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From: NY
2014 E550 4matic,, sold 2012 E 350 4matic,,sold 2010 e350 4w,sold 2002 e320 se
I remember the dealer mentioned when I bought mine,value should be 1/2 the price after 5 yrs,give or take.(For MB's specifically)
Super Member
Joined: Mar 2005
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I can tell you with certainty that 1/2 the value in five years will not hold up. There are 2001's for sale right now for about 70% less than original msrp. These cars do seem to settle into a slower depreciation after five years, however...very few sell for less than 10k
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