I've found 2000 MB S500 which originally sold for close to $100k going for under $15k now. And 2002 BMW 745i which originally sold for $80 going for around $20k.
What gives? They are all in great condition and around 80k miles.
Why are Mercedes and BMW that cost over $70k new so awful in resale value?????computer protection
Because they cost an arm and leg to repair.......and repair you will! Also they do not have the reliablity of a Japanese or even an American car!
Why are Mercedes and BMW that cost over $70k new so awful in resale value?????free antivirus download
simple German cars are unreliable we have a mercesdes 1993 400SEL we bought it new for like $100,000 and now its worth about $8,000
Most people who buy Mercedes and BMW's have the means and are willing to pay a premium for a brand new car. The key stat that you included was the relatively high mileage (80K). This is pretty high for cars of this caliber and turns off a lot of buyers for these premium cars.
Also, you are referring to cars that are now close to 7 or 8 years old. I bet if you were to look at BMW's or Mercedes that are only a few years old, the resale value would be much higher.
Those resale values don't sound good, they might be very high mileage cars or have been in accidents.
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