S550 Launch Edition "Novelty" Question
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Joined: May 2006
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From: Scottsdale, AZ
2007 Mercedes-Benz S550 LE, 2005 Mercedes-Benz G55 AMG, 2004 Hummer H2
S550 Launch Edition "Novelty" Question
Hi,
I'm new here, but I have a question about the 2007 S550 Launch Edition I got a few months ago. I love the car to death, and love driving it around, but when I showed it to my father a week ago, he said not to drive it because it will appreciate because of the fact that it is a Launch Edition.
Is this true?
I assumed that being a LE meant it had a specific package that came attached to the basic car but not that it was a collector's item.
I hate to let a car like this sit in the garage in hopes of appreciation (I mean, it's not like it's an Enzo or a '62 Ferrari 250GT) so I want to see if I can get some clarification in the matter.
Thank you.
I'm new here, but I have a question about the 2007 S550 Launch Edition I got a few months ago. I love the car to death, and love driving it around, but when I showed it to my father a week ago, he said not to drive it because it will appreciate because of the fact that it is a Launch Edition.
Is this true?
I assumed that being a LE meant it had a specific package that came attached to the basic car but not that it was a collector's item.
I hate to let a car like this sit in the garage in hopes of appreciation (I mean, it's not like it's an Enzo or a '62 Ferrari 250GT) so I want to see if I can get some clarification in the matter.
Thank you.
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Joined: Jun 2005
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AlabasterWhiteSL ObsidianBlackML
Originally Posted by SKumar
Hi,
I'm new here, but I have a question about the 2007 S550 Launch Edition I got a few months ago. I love the car to death, and love driving it around, but when I showed it to my father a week ago, he said not to drive it because it will appreciate because of the fact that it is a Launch Edition.
Is this true?
I assumed that being a LE meant it had a specific package that came attached to the basic car but not that it was a collector's item.
I hate to let a car like this sit in the garage in hopes of appreciation (I mean, it's not like it's an Enzo or a '62 Ferrari 250GT) so I want to see if I can get some clarification in the matter.
Thank you.
I'm new here, but I have a question about the 2007 S550 Launch Edition I got a few months ago. I love the car to death, and love driving it around, but when I showed it to my father a week ago, he said not to drive it because it will appreciate because of the fact that it is a Launch Edition.
Is this true?
I assumed that being a LE meant it had a specific package that came attached to the basic car but not that it was a collector's item.
I hate to let a car like this sit in the garage in hopes of appreciation (I mean, it's not like it's an Enzo or a '62 Ferrari 250GT) so I want to see if I can get some clarification in the matter.
Thank you.
Member
Joined: Mar 2006
Posts: 215
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From: NJ
2009 S550 4Matic 2009 GL 550 2009 AM DBS
dude,
from what i've been told, resale value on a mercedes will not increase because of a launch edition, designio, or amg sports package it came with. its a good gimick to charge you more at the onset but after you drive it off the lot it is no special car than any other s550. unless you have a SLR McLaren drive it, enjoy it, since your paying insurance and you bought it to drive.
jp
from what i've been told, resale value on a mercedes will not increase because of a launch edition, designio, or amg sports package it came with. its a good gimick to charge you more at the onset but after you drive it off the lot it is no special car than any other s550. unless you have a SLR McLaren drive it, enjoy it, since your paying insurance and you bought it to drive.
jp
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From: Land of 10,000 lakes
AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
Originally Posted by pateljb
dude,
from what i've been told, resale value on a mercedes will not increase because of a launch edition, designio, or amg sports package it came with. its a good gimick to charge you more at the onset but after you drive it off the lot it is no special car than any other s550. unless you have a SLR McLaren drive it, enjoy it, since your paying insurance and you bought it to drive.
jp
from what i've been told, resale value on a mercedes will not increase because of a launch edition, designio, or amg sports package it came with. its a good gimick to charge you more at the onset but after you drive it off the lot it is no special car than any other s550. unless you have a SLR McLaren drive it, enjoy it, since your paying insurance and you bought it to drive.
jp
Either way, every response so far has been right on. Cars are purchased to be driven. They will loose their value anyway, might as well enjoy it...
Wolfman
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Joined: May 2006
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From: Scottsdale, AZ
2007 Mercedes-Benz S550 LE, 2005 Mercedes-Benz G55 AMG, 2004 Hummer H2
Thanks guys. He had me really going that I should not drive the car but now I won't have qualms about it because I know I could never make my money back.
What really confused me though is how the dealer here bragged about the car being a Launch Edition and that 1000 were being produced in an exclusive Designo package. I mean, my father was right in saying that if I had 1 in 1000 it could be a collector's item, but really what's so special about it?
Plus I searched everywhere and I can't find anything that says Launch Edition or #/1000 anywhere. What's the hype albeit the color package and wheels?
What really confused me though is how the dealer here bragged about the car being a Launch Edition and that 1000 were being produced in an exclusive Designo package. I mean, my father was right in saying that if I had 1 in 1000 it could be a collector's item, but really what's so special about it?
Plus I searched everywhere and I can't find anything that says Launch Edition or #/1000 anywhere. What's the hype albeit the color package and wheels?
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Member
Joined: May 2006
Posts: 124
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From: West Coast
2005 Diamond Black C230K, 2007 Iridium Silver SLK55 AMG
Here's what confuses me about this thread. How do a father and son who don't understand that modern mass-production cars are NOT financial investments manage to afford $300k worth of cars? No offense.
Well, actually, that might be offensive, but whatever, I'm still curious.
There may only be 1000 LE's, but what's different about an LE, the color of the leather???? Who cares?!?!? Now if MB only ever made 1000 W221 S-class period, then it might be a different story. But obviously, that's not the case here. Even if it was, I doubt it would be a very lucrative investment. I wonder if even a Maybach would appreciate in the next 30 years.
Well, actually, that might be offensive, but whatever, I'm still curious.
There may only be 1000 LE's, but what's different about an LE, the color of the leather???? Who cares?!?!? Now if MB only ever made 1000 W221 S-class period, then it might be a different story. But obviously, that's not the case here. Even if it was, I doubt it would be a very lucrative investment. I wonder if even a Maybach would appreciate in the next 30 years.
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Joined: Apr 2006
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From: Arizona
BMW FTW
Originally Posted by DiamondKomp
Here's what confuses me about this thread. How do a father and son who don't understand that modern mass-production cars are NOT financial investments manage to afford $300k worth of cars? No offense.
Well, actually, that might be offensive, but whatever, I'm still curious.
There may only be 1000 LE's, but what's different about an LE, the color of the leather???? Who cares?!?!? Now if MB only ever made 1000 W221 S-class period, then it might be a different story. But obviously, that's not the case here. Even if it was, I doubt it would be a very lucrative investment. I wonder if even a Maybach would appreciate in the next 30 years.
Well, actually, that might be offensive, but whatever, I'm still curious.
There may only be 1000 LE's, but what's different about an LE, the color of the leather???? Who cares?!?!? Now if MB only ever made 1000 W221 S-class period, then it might be a different story. But obviously, that's not the case here. Even if it was, I doubt it would be a very lucrative investment. I wonder if even a Maybach would appreciate in the next 30 years.
Thread Starter
Newbie
Joined: May 2006
Posts: 4
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From: Scottsdale, AZ
2007 Mercedes-Benz S550 LE, 2005 Mercedes-Benz G55 AMG, 2004 Hummer H2
Originally Posted by DiamondKomp
Here's what confuses me about this thread. How do a father and son who don't understand that modern mass-production cars are NOT financial investments manage to afford $300k worth of cars? No offense.
Well, actually, that might be offensive, but whatever, I'm still curious.
Well, actually, that might be offensive, but whatever, I'm still curious.
I merely asked a question which was on my mind and everyone (albeit you) that posted on this thread were kind enough to just give me an answer.
What I'm curious about is why do you have to go onto a thread that just asks a question and bash the person asking?
Member
Joined: May 2006
Posts: 124
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From: West Coast
2005 Diamond Black C230K, 2007 Iridium Silver SLK55 AMG
Originally Posted by SKumar
I'll admit, I don't understand that modern mass-produced cars are not financial investments, and frankly I don't care to understand. My father though, is an Indian immigrant who really doesn't know much about cars at all. I told him that tidbit of information and when someone typically hears 1 out of 1000, they assume it has some value to it. No need to bash him. That I take offense to.
I merely asked a question which was on my mind and everyone (albeit you) that posted on this thread were kind enough to just give me an answer.
What I'm curious about is why do you have to go onto a thread that just asks a question and bash the person asking?
I merely asked a question which was on my mind and everyone (albeit you) that posted on this thread were kind enough to just give me an answer.
What I'm curious about is why do you have to go onto a thread that just asks a question and bash the person asking?
What surprises me is your attitude "I don't care to know [that they are not financial instruments]". Let's face it, unless you're lying in your profile, S550+G55AMG+H2=a lot of money. Which either you or your father made, I assume. It's unusual for someone who has been that financially successful to be that blase, even dismissive, about understanding financial matters. Maybe you won the lottery, I don't know.
I don't see what your father being an Indian immigrant has to do with anything. Some of the most financially savvy car aficianados in California (and in these forums) are Indian immigrants or children of Indian immigrants.
Member
Joined: Mar 2006
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From: Los Angeles, CA
2000 ML320
dude, u didnt spend about $110k on a car just to sit in the garage. I have the LE as well (well, actually my parents). We drive it a lot. It's a great car with awesome features.....enjoy it
