Resale value outlook
MBWorld Fanatic!
Joined: Oct 2014
Posts: 4,524
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From: WI
17 E43; 21 GLS580
Any expensive car devalues...a lot. If you buy an expensive vehicle as an investment its a fools choice. Maybe next year the prices will be better. In general, a lux vehicle drops 35% the minute it leaves the lot. Now, given the price wars in EV' its actually not bad!
Super Member
Joined: Aug 2022
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GLC EQB GLS C300 convertible
Any expensive car devalues...a lot. If you buy an expensive vehicle as an investment its a fools choice. Maybe next year the prices will be better. In general, a lux vehicle drops 35% the minute it leaves the lot. Now, given the price wars in EV' its actually not bad!
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Joined: May 2002
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From: Land of 10,000 lakes
AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
Any expensive car devalues...a lot. If you buy an expensive vehicle as an investment its a fools choice. Maybe next year the prices will be better. In general, a lux vehicle drops 35% the minute it leaves the lot. Now, given the price wars in EV' its actually not bad!
MBWorld Fanatic!
Joined: Oct 2014
Posts: 4,524
Likes: 1,181
From: WI
17 E43; 21 GLS580
There is another quirk about expensive car values. They are steep initially but in the longer term they hold their value better. Regardless, expensive cars are dumb investment. Luxury is by definition usually waste.
Last edited by c4004matic; Nov 4, 2023 at 09:24 PM.
MBWorld Fanatic!
Joined: Apr 2023
Posts: 1,568
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From: Occupied Palestine
2025 Maserati Grecale Folgore and 2024 Jaguar F-PACE SVR
The outlook can change quickly. I still remember 1979... if that happened today the inventory glut would disappear overnight.
Senior Member
Joined: Nov 2022
Posts: 318
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2022 Taycan GTS, 2023 EQS580 SUV, 2023 EQS580 sedan
mind to share why you need to sell it?
In the Fort Lauderdale area with a 2022 EQS580 Pinnacle MSRP $139,010 with 8,500 miles in pristine condition was just quoted by a MB Dealer $65,500 trade-in value!
My god this was the worst car purchase of my life! New 580's going with $25k incentives - they cant give them away!
My only hope is a private sale
My god this was the worst car purchase of my life! New 580's going with $25k incentives - they cant give them away!
My only hope is a private sale
MBWorld Fanatic!
Joined: Oct 2014
Posts: 4,524
Likes: 1,181
From: WI
17 E43; 21 GLS580
The outlook can change quickly. I still remember 1979... if that happened today the inventory glut would disappear overnight.
https://www.youtube.com/watch?v=rFaQ_YXwuRI
https://www.youtube.com/watch?v=rFaQ_YXwuRI
MBWorld Fanatic!
Joined: Oct 2021
Posts: 1,184
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From: Iowa
2008 CL550, 2022 EQB 300, 2023 EQS 450 4Matic
The precarious balance of the world's oil market is always one well placed bomb away from chaos. We've seen several cycles since the early days of the Prius when oil prices spiked and everyone suddenly wondered why they were paying $500 (probably now $700) per month at the gas station driving their giant vehicles to the school drop off line and Target. It's not a matter of if, but when this happens again. With Russia mostly off the legal oil export market, and new chaos in the middle east, it may be sooner than we think. With the current news environment so turned against ev's, I'm wondering how I'm so out of step with most people, because my experience with ev's has been so positive since my first in 2015. I'd take an EQS any day over an S class. I spent yesterday working on my old super complex CL and took it for a drive last night...love the car as a relic of the past, but it's a flip phone. I have nostalgia for my old Motorola Razr and Rokr, but they are a terminal product, and the pinnacle from 2002. So far I seem to be wrong, but I feel like people who stop trashing the product long enough to get behind the wheel of a high end ev are going to suddenly 'get' it. Yes, not everyone can afford a new EQE or EQS, but many very nice high end used ev's can be acquired for less than the cost of a new Accord, and certainly less than a new pickup truck.
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MBWorld Fanatic!
Joined: Aug 2009
Posts: 2,133
Likes: 265
From: NM
2023 AMG EQS
The lowest price for a used 2022 Porsche Taycan 4s is about $88k, the lowest price for a used 2022 EQS 450+ is about $58k.
They had roughly the same MSRP but that’s a $30k difference.
Obviously not all EVs are depreciating the same,
Not all expensive cars are depreciating the same.
They had roughly the same MSRP but that’s a $30k difference.
Obviously not all EVs are depreciating the same,
Not all expensive cars are depreciating the same.
