Depreciation
02-28-2017, 04:34 PM
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C250 2014 E350 2012 Coupe (sold)
Depreciation
Was wondering why MB's depreciate so fast. Was given an E350 Coupe 4matic by my uncle a couple of years ago. It was a 2012 with 8k miles. Beautiful car and a lot of fun to drive. I put over 6k miles on it in less than 4 months and it was for pleasure only.
Was going to keep the car for a year then sell it but started looking into what they sell for. I was shocked at how much it depreciated. Uncle paid over 68k for it and it was worth less than 35k. This is for a 2 year old car with just over 8k miles on it! If I held on to it for another year was looking at another 10k drop vs. what 2011's were selling for. I kept the car for a few months longer and ended up having to sell it to Carmax since no one was interested in it. Sold it for 34k with 14k miles on it. That was pretty shocking.
Couple years go by and I want another MB. Looked at used since I knew how fast the E350 dropped. Ended up buying a 2014 C250 for under 21k with less than 24k miles on it (clean Carfax). Lot of people I talked to could not believe how cheap it was. It was actually less expensive than buying a 2 y.o. Lexus or Infiniti in the same size.
So why do MB's seem to drop like a rock in value? I suppose model change has an impact but not 50% drop in 2 years. A Subaru has better depreciation than a MB.
Was going to keep the car for a year then sell it but started looking into what they sell for. I was shocked at how much it depreciated. Uncle paid over 68k for it and it was worth less than 35k. This is for a 2 year old car with just over 8k miles on it! If I held on to it for another year was looking at another 10k drop vs. what 2011's were selling for. I kept the car for a few months longer and ended up having to sell it to Carmax since no one was interested in it. Sold it for 34k with 14k miles on it. That was pretty shocking.
Couple years go by and I want another MB. Looked at used since I knew how fast the E350 dropped. Ended up buying a 2014 C250 for under 21k with less than 24k miles on it (clean Carfax). Lot of people I talked to could not believe how cheap it was. It was actually less expensive than buying a 2 y.o. Lexus or Infiniti in the same size.
So why do MB's seem to drop like a rock in value? I suppose model change has an impact but not 50% drop in 2 years. A Subaru has better depreciation than a MB.
02-28-2017, 05:47 PM
#2
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It is sad that depreciation is a BIG hit, but without a doubt a reality. Just ask AMG 17GT or ROMEOE55, he knows. 
What comes to mind are these two factors that I have observed lately.
1.) Recent issues with quality and reliability have declined and been noticed on JD
Power survey.
2.) Mercedes Benz will produce as many as they can to make money. After all
they are in the car business to make money. So obvious and aggravating they
slap the badge "AMG" on practically every model they make, (e.g., C43, E43,
etc.,)
Drive safe
amgfan1
What comes to mind are these two factors that I have observed lately.
1.) Recent issues with quality and reliability have declined and been noticed on JD
Power survey.
2.) Mercedes Benz will produce as many as they can to make money. After all
they are in the car business to make money. So obvious and aggravating they
slap the badge "AMG" on practically every model they make, (e.g., C43, E43,
etc.,)
Drive safe
amgfan1
Last edited by amgfan1; 02-28-2017 at 09:53 PM. Reason: typo correction
03-01-2017, 01:40 AM
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C250 2014 E350 2012 Coupe (sold)
Funny thing is Consumer Reports has the 2012 E350 and the 2014 C250 as the highest rated of the MB's except for the GLK (same). So you'd think that quality and reliability wouldn't be an issue. It's the only reason I bought the C250 because it was rated so high. Otherwise it would have been the A3 or A4.
Regardless of depreciation, I like the my little C250. It's fun to drive and I get better than 32mpg driving to Vegas at 80+mph. Not bad. Although I kind of wished I'd bought the C350.
Regardless of depreciation, I like the my little C250. It's fun to drive and I get better than 32mpg driving to Vegas at 80+mph. Not bad. Although I kind of wished I'd bought the C350.
