Is the depreciation on your AMG unbearable
03-25-2013, 12:38 AM
#102
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03-25-2013, 06:30 PM
#103
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04 w211 E55
I bought my 2004 e55 with 19k miles that was fully equipped for just over 50k in 07! I now want to wait for a CLS63 TT with low mileage and ill be happy to spend similar money if not a little more! I can't wait!
They def do depreciate faster but I guess for most of us who can't or don't want to dish out over $100k or so, it's not an actually a bad thing
They def do depreciate faster but I guess for most of us who can't or don't want to dish out over $100k or so, it's not an actually a bad thing
03-28-2013, 08:58 AM
#104
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Porsche 991S, Cayenne S, 1972 BMW 3.0CS E9 Coupe
This question has been brought up many times and i have discussed this on the off topic section. Very important you pay attention to the following:
Back in the day which is not obvious now.
Then BMW starting selling more in their biggest market, the USA. BMWs advantage was that they had a finance dept already in place. Mercedes wasn't able to compete with the finance terms BMW had in place at the time. BMW has always traditionally sold more cars than MB in USA by about 33%. To get with the times Mercedes needed a partner with a solid finance department. That partner was Chrysler.
To merge with Chrysler meant that they had to get capital, that involved shopping out traditional suppliers for parts, using cheaper parts etc....
So flash forward to today where MB is selling close to 300K vehicles a year as of this year and now on common ground with BMW. Thirteen years ago.......MB sold 70K vehicles a year. So if you put three times the amount of a product than what you once had, don't you think it would depreciate faster? I mena how many 6 figure cars can you sell in one year? The masses of german cars being produced not just in germany, but usa, mexico, and even brazil are hurting our resale value. If Rolex tripled production of the submariner or the date-just, do you think they would still hold their value? All german cars with the exception of Porsche seem to depreciate rapidly fast. And even Porsches after 964 depreciate rather quickly. the Cayenne accounts for almost half its sales in the US. I hope it stays niche market as i have my eye on a Cayenne GTS. Porsches sales are about 30K a year in the USA. About a 10th of the MB Sales
So it comes as no surprise that even AMGs depreciate rather quickly
My 2004 C32 was only one of 218 made that year. They must make over 4000 C63s a year for the us now. Even there's a AMG model for the R Class
And don't get my started on the sales personnel at a typical MB Dealership. They are effin' douche bags and are prob better selling Chevrolets. And the reason for that is MB lost its identity with its core crowd and is concentrating on the masses which is the typical condo loving Miamian as David pointed out.
Back in the day which is not obvious now.
- Mercedes held their value
- They were bulletproof vehicles
- People were proud to own them
- Salesman knew every option on the car and knew their customers personally
- Techs knew what they were doing
- Was a status symbol
Then BMW starting selling more in their biggest market, the USA. BMWs advantage was that they had a finance dept already in place. Mercedes wasn't able to compete with the finance terms BMW had in place at the time. BMW has always traditionally sold more cars than MB in USA by about 33%. To get with the times Mercedes needed a partner with a solid finance department. That partner was Chrysler.
To merge with Chrysler meant that they had to get capital, that involved shopping out traditional suppliers for parts, using cheaper parts etc....
So flash forward to today where MB is selling close to 300K vehicles a year as of this year and now on common ground with BMW. Thirteen years ago.......MB sold 70K vehicles a year. So if you put three times the amount of a product than what you once had, don't you think it would depreciate faster? I mena how many 6 figure cars can you sell in one year? The masses of german cars being produced not just in germany, but usa, mexico, and even brazil are hurting our resale value. If Rolex tripled production of the submariner or the date-just, do you think they would still hold their value? All german cars with the exception of Porsche seem to depreciate rapidly fast. And even Porsches after 964 depreciate rather quickly. the Cayenne accounts for almost half its sales in the US. I hope it stays niche market as i have my eye on a Cayenne GTS. Porsches sales are about 30K a year in the USA. About a 10th of the MB Sales
So it comes as no surprise that even AMGs depreciate rather quickly
My 2004 C32 was only one of 218 made that year. They must make over 4000 C63s a year for the us now. Even there's a AMG model for the R Class
And don't get my started on the sales personnel at a typical MB Dealership. They are effin' douche bags and are prob better selling Chevrolets. And the reason for that is MB lost its identity with its core crowd and is concentrating on the masses which is the typical condo loving Miamian as David pointed out.
Last year I sold my E63 with under 30k miles on it to my dealer who sat on it for 7 1/2 months and finally ended up selling it for $3,000 less than they paid me.
03-28-2013, 12:22 PM
#105
MBWorld Fanatic!
well, one benefit (or detractor) is that the E55 AMG's are now cheaper than other 500HP cars (i.e. 2014 Camaro) and the E63's are on par with the price or cheaper...
03-28-2013, 02:20 PM
#106
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Porsche Macan S SportDesign / Ex M-B's: 11 & 10 & 06 E350's, 02 S500
This question has been brought up many times and i have discussed this on the off topic section. Very important you pay attention to the following:
Back in the day which is not obvious now.
Then BMW starting selling more in their biggest market, the USA. BMWs advantage was that they had a finance dept already in place. Mercedes wasn't able to compete with the finance terms BMW had in place at the time. BMW has always traditionally sold more cars than MB in USA by about 33%. To get with the times Mercedes needed a partner with a solid finance department. That partner was Chrysler.
To merge with Chrysler meant that they had to get capital, that involved shopping out traditional suppliers for parts, using cheaper parts etc....
So flash forward to today where MB is selling close to 300K vehicles a year as of this year and now on common ground with BMW. Thirteen years ago.......MB sold 70K vehicles a year. So if you put three times the amount of a product than what you once had, don't you think it would depreciate faster? I mena how many 6 figure cars can you sell in one year? The masses of german cars being produced not just in germany, but usa, mexico, and even brazil are hurting our resale value. If Rolex tripled production of the submariner or the date-just, do you think they would still hold their value? All german cars with the exception of Porsche seem to depreciate rapidly fast. And even Porsches after 964 depreciate rather quickly. the Cayenne accounts for almost half its sales in the US. I hope it stays niche market as i have my eye on a Cayenne GTS. Porsches sales are about 30K a year in the USA. About a 10th of the MB Sales
So it comes as no surprise that even AMGs depreciate rather quickly
My 2004 C32 was only one of 218 made that year. They must make over 4000 C63s a year for the us now. Even there's a AMG model for the R Class
And don't get my started on the sales personnel at a typical MB Dealership. They are effin' douche bags and are prob better selling Chevrolets. And the reason for that is MB lost its identity with its core crowd and is concentrating on the masses which is the typical condo loving Miamian as David pointed out.
Back in the day which is not obvious now.
- Mercedes held their value
- They were bulletproof vehicles
- People were proud to own them
- Salesman knew every option on the car and knew their customers personally
- Techs knew what they were doing
- Was a status symbol
Then BMW starting selling more in their biggest market, the USA. BMWs advantage was that they had a finance dept already in place. Mercedes wasn't able to compete with the finance terms BMW had in place at the time. BMW has always traditionally sold more cars than MB in USA by about 33%. To get with the times Mercedes needed a partner with a solid finance department. That partner was Chrysler.
To merge with Chrysler meant that they had to get capital, that involved shopping out traditional suppliers for parts, using cheaper parts etc....
So flash forward to today where MB is selling close to 300K vehicles a year as of this year and now on common ground with BMW. Thirteen years ago.......MB sold 70K vehicles a year. So if you put three times the amount of a product than what you once had, don't you think it would depreciate faster? I mena how many 6 figure cars can you sell in one year? The masses of german cars being produced not just in germany, but usa, mexico, and even brazil are hurting our resale value. If Rolex tripled production of the submariner or the date-just, do you think they would still hold their value? All german cars with the exception of Porsche seem to depreciate rapidly fast. And even Porsches after 964 depreciate rather quickly. the Cayenne accounts for almost half its sales in the US. I hope it stays niche market as i have my eye on a Cayenne GTS. Porsches sales are about 30K a year in the USA. About a 10th of the MB Sales
So it comes as no surprise that even AMGs depreciate rather quickly
My 2004 C32 was only one of 218 made that year. They must make over 4000 C63s a year for the us now. Even there's a AMG model for the R Class
And don't get my started on the sales personnel at a typical MB Dealership. They are effin' douche bags and are prob better selling Chevrolets. And the reason for that is MB lost its identity with its core crowd and is concentrating on the masses which is the typical condo loving Miamian as David pointed out.
