M-Class (W166) Produced 2012-2015

My car dropped $1.6K in value. This is crazy.

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old May 30, 2018 | 07:47 PM
  #1  
DanD.'s Avatar
Thread Starter
MBWorld Fanatic!
5 Year Member
 
Joined: Apr 2016
Posts: 1,124
Likes: 205
From: NW
2018 GLC 4MATIC
My car dropped $1.6K in value. This is crazy.

Just compared two KBB TraidIn values
One from March 24Th and one from May 29th.
2.1K miles for this time. Its 2014BT 76K on it.
Car lost $1.6K in value.
Compare to my wife's car $300 for the same time frame. Nissan Murano 2015.

Why its losing value that fast? I understand it should be faster than mainstream cars but not this fast.
Reply
Old May 30, 2018 | 08:39 PM
  #2  
ItalianJoe1's Avatar
MBWorld Fanatic!
 
Joined: May 2015
Posts: 4,037
Likes: 1,011
From: Miami, FL
2003 CL 600
Kbb values are fluctuating and based on auction numbers, not real world enough to go by.

Did you buy it as an investment? Probably not a good idea.

It's a much more expensive car than a Murano, depreciation is at a percentage rate and will be larger dollar amounts?

Market for used Benz vehicles in general is soft, nobody wants diesel anything right now with the VW issues?

I feel like if you searched at all or thought logically about this, you would have an answer. Not really rocket science here.
Reply
Old May 30, 2018 | 08:56 PM
  #3  
DanD.'s Avatar
Thread Starter
MBWorld Fanatic!
5 Year Member
 
Joined: Apr 2016
Posts: 1,124
Likes: 205
From: NW
2018 GLC 4MATIC
Originally Posted by ItalianJoe1
Kbb values are fluctuating and based on auction numbers, not real world enough to go by.

Did you buy it as an investment? Probably not a good idea.

It's a much more expensive car than a Murano, depreciation is at a percentage rate and will be larger dollar amounts?

Market for used Benz vehicles in general is soft, nobody wants diesel anything right now with the VW issues?

I feel like if you searched at all or thought logically about this, you would have an answer. Not really rocket science here.
Defiantly not as investment
Usually depreciation is high at the beginning, and than its smaller and smaller.
Not in my case, it was around $500 per month and at this time I was expecting to see values between 400-450 per month.

Speaking on market MB sales are up for new cars most of them lease, not sure about used.
Good point on diesel, if car drops value that fast and Im not sure in it if it can last long makes me think of getting something else.
Reply
Old Jun 2, 2018 | 07:29 PM
  #4  
sadpanda's Avatar
Member
10 Year Member
Photogenic
Liked
Loved
 
Joined: Sep 2015
Posts: 139
Likes: 16
From: Detroit area
2015 S550 Coupe; 2025 EQS 450 SUV
A year ago, we bought our 2012 ML350 (gas) with 97,500 miles for $20,250. Since then, we've put 25,000 miles on it. Today, its retail value, according to Edmunds, is $19,004. To me, that's pretty phenomenal depreciation.
Reply
Old Jun 2, 2018 | 10:18 PM
  #5  
DanD.'s Avatar
Thread Starter
MBWorld Fanatic!
5 Year Member
 
Joined: Apr 2016
Posts: 1,124
Likes: 205
From: NW
2018 GLC 4MATIC
Originally Posted by sadpanda
A year ago, we bought our 2012 ML350 (gas) with 97,500 miles for $20,250. Since then, we've put 25,000 miles on it. Today, its retail value, according to Edmunds, is $19,004. To me, that's pretty phenomenal depreciation.
this is what I'm talking about, Edmunds shows even lower value, I guess it's a;; about diesels.
Reply
Old Jun 3, 2018 | 09:32 AM
  #6  
sadpanda's Avatar
Member
10 Year Member
Photogenic
Liked
Loved
 
Joined: Sep 2015
Posts: 139
Likes: 16
From: Detroit area
2015 S550 Coupe; 2025 EQS 450 SUV
Yeah, it's such a shame about the diesels. When I was shopping for an ML, my service department point-blank advised me to stay away from the diesel, because the extra maintenance costs would far outpace any gas savings. I don't remember that dealer ever having any of the current-generation used Bluetecs on its lot, and that's probably because they don't want to create aggravated customers.

Given that we put 25,000 miles on the car per annum, we could have saved at least $1,200 a year in gas if we'd gotten the diesel...
Reply
Old Jun 5, 2018 | 04:03 AM
  #7  
sharx8's Avatar
Junior Member
 
Joined: Jun 2009
Posts: 23
Likes: 2
From: Canada
2015 ML350 Bluetec 4Matic
It's crazy how VW really screwed the pooch when it comes to Diesels. The idiocy of VW (and perhaps others as well); with the Emissions-cheating, followed by the market's unfounded fears, then resurfacing ugly diesel stereotypes, causing cries of Diesels are "Dirty" again!!

These developments causing people to butt-clench at the mere mention of diesel, has really only benefited those of us unaffected by the fear-mongering. So Diesels are a four letter word again in America.. (Sideways Thanks VW!)... You caused a huge taint on diesels but have made used, quality-ones affordable... Those of us that enjoy motoring, are looking for the fuel-efficiency of a diesel, an amazing range, SUV capability, and a solid-feel can now find it affordably! The answer for me was to grab a 2015 Bluetec ML350 right off lease from one owner with no accident history. The engine will go for years, the solidity and safety is there, the depreciation off initial MSRP is huge ($85K Cdn New, $30K Cdn 3 years later) all because of this VW Diesel-Gate BS... and now you can't even buy a Diesel SUV from Mercedes as it's no longer a worthwhile market for them.

I guess I have VW-Diesel-Gate to thank for the lack of appeal of current off-lease ML 350 Bluetec's, therefore putting it in my driveway! Might have to hang on to it for ten or more years and really stretch those dollars!.



4 Bikes on a Platform? No Prob!
Reply
Old Jun 5, 2018 | 11:11 PM
  #8  
DanD.'s Avatar
Thread Starter
MBWorld Fanatic!
5 Year Member
 
Joined: Apr 2016
Posts: 1,124
Likes: 205
From: NW
2018 GLC 4MATIC
Originally Posted by sharx8
It's crazy how VW really screwed the pooch when it comes to Diesels. The idiocy of VW (and perhaps others as well); with the Emissions-cheating, followed by the market's unfounded fears, then resurfacing ugly diesel stereotypes, causing cries of Diesels are "Dirty" again!!

These developments causing people to butt-clench at the mere mention of diesel, has really only benefited those of us unaffected by the fear-mongering. So Diesels are a four letter word again in America.. (Sideways Thanks VW!)... You caused a huge taint on diesels but have made used, quality-ones affordable... Those of us that enjoy motoring, are looking for the fuel-efficiency of a diesel, an amazing range, SUV capability, and a solid-feel can now find it affordably! The answer for me was to grab a 2015 Bluetec ML350 right off lease from one owner with no accident history. The engine will go for years, the solidity and safety is there, the depreciation off initial MSRP is huge ($85K Cdn New, $30K Cdn 3 years later) all because of this VW Diesel-Gate BS... and now you can't even buy a Diesel SUV from Mercedes as it's no longer a worthwhile market for them.

I guess I have VW-Diesel-Gate to thank for the lack of appeal of current off-lease ML 350 Bluetec's, therefore putting it in my driveway! Might have to hang on to it for ten or more years and really stretch those dollars!.



4 Bikes on a Platform? No Prob!
Is it 250 or 350? I thought there were no 350s in 2015.
Hope it can last those years
Reply
MB World Stories

The Best of Mercedes & AMG

story-0

6 Mercedes Models That Did NOT Age Well (But Are Somehow Still Cool)

 Verdad Gallardo
story-1

Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun

 Verdad Gallardo
story-2

Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren

 Verdad Gallardo
story-3

8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine

 Verdad Gallardo
story-4

Flawlessly Restored Mercedes 190E Evo II Heads to Auction

 Verdad Gallardo
story-5

Electric Mercedes C-Class Unveiled: 11 Things You Need to Know

 Verdad Gallardo
story-6

Mercedes EQS Gets A Major Update: Everything You Need to Know

 Verdad Gallardo
story-7

5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve

 Verdad Gallardo
story-8

Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping

 Verdad Gallardo
story-9

10 Most Reliable Mercedes-Benz Models You Can Buy Used

 Verdad Gallardo
Old Jun 5, 2018 | 11:27 PM
  #9  
sharx8's Avatar
Junior Member
 
Joined: Jun 2009
Posts: 23
Likes: 2
From: Canada
2015 ML350 Bluetec 4Matic
Here in Canada, it's a 2015 ML350 not 250. I don't think we ever got the 250 Bluetec on the ML. There is an E250 though.

As for keeping it that long, I recognize the key will be frequent oil changes and maintenance. I am now on the lookout for a good indy MB specialist in the Toronto area, preferably with a Bluetec expert...
Reply
Old Jun 6, 2018 | 09:40 AM
  #10  
DanD.'s Avatar
Thread Starter
MBWorld Fanatic!
5 Year Member
 
Joined: Apr 2016
Posts: 1,124
Likes: 205
From: NW
2018 GLC 4MATIC
Originally Posted by sharx8
Here in Canada, it's a 2015 ML350 not 250. I don't think we ever got the 250 Bluetec on the ML. There is an E250 though.

As for keeping it that long, I recognize the key will be frequent oil changes and maintenance. I am now on the lookout for a good indy MB specialist in the Toronto area, preferably with a Bluetec expert...
You guys in Canada have better diesel fuel that is for sure, but winters not so much
Happy driving!
Reply

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 


You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -4. The time now is 01:24 PM.

story-0
6 Mercedes Models That Did NOT Age Well (But Are Somehow Still Cool)

Slideshow: Not every Mercedes design becomes timeless, some feel stuck in the era they came from.

By Verdad Gallardo | 2026-05-12 18:09:07


VIEW MORE
story-1
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun

Slideshow: Yes, Mercedes built manual cars, and some of them are far more interesting than you'd expect.

By Verdad Gallardo | 2026-05-02 12:36:58


VIEW MORE
story-2
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren

Slideshow: A one-of-one U.S.-spec Mercedes-Benz SLR McLaren Roadster became even rarer after a factory-backed transformation at McLaren's headquarters.

By Verdad Gallardo | 2026-04-29 11:19:28


VIEW MORE
story-3
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine

Slideshow: Before curves took over, Mercedes mastered the art of the straight line, and some of those shapes still look right today.

By Verdad Gallardo | 2026-04-25 12:05:49


VIEW MORE
story-4
Flawlessly Restored Mercedes 190E Evo II Heads to Auction

Slideshow: The 190E Evolution II shows how a homologation necessity became a six-figure collector icon.

By Verdad Gallardo | 2026-04-22 17:53:47


VIEW MORE
story-5
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know

Slideshow: Mercedes is turning one of its core nameplates electric, and the details show just how serious this shift is.

By Verdad Gallardo | 2026-04-21 13:58:06


VIEW MORE
story-6
Mercedes EQS Gets A Major Update: Everything You Need to Know

Slideshow: Faster charging, longer range, and a controversial steer-by-wire system define the latest evolution of Mercedes-Benz EQS.

By Verdad Gallardo | 2026-04-15 10:35:34


VIEW MORE
story-7
5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve

Slideshow: These overlooked Mercedes-Benz models never got the spotlight, but they quietly delivered more than most remember.

By Verdad Gallardo | 2026-04-13 19:35:45


VIEW MORE
story-8
Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping

Slideshow: A well-used 1991 Mercedes-Benz 300D with more than one million miles is now looking for a new owner, and it still appears ready for more.

By Verdad Gallardo | 2026-04-10 10:05:15


VIEW MORE
story-9
10 Most Reliable Mercedes-Benz Models You Can Buy Used

Slideshow: From bulletproof sedans to surprisingly tough SUVs, these Mercedes models proved that the three-pointed star can go the distance.

By Verdad Gallardo | 2026-04-08 09:55:49


VIEW MORE