Why These Cars Become WORTHLESS 👀

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AlexMartini

AlexMartini

2 ай бұрын

Пікірлер: 1 500
@ewjomega2596
@ewjomega2596 2 ай бұрын
Own Japanese cars Lease German cars
@kazeyy112
@kazeyy112 2 ай бұрын
Be like me and buy a German built Japanese car 😂😂😂
@VampirusX
@VampirusX 2 ай бұрын
​@@kazeyy112That is?
@Treaxvour
@Treaxvour 2 ай бұрын
​@@VampirusXsupra
@VampirusX
@VampirusX 2 ай бұрын
@@Treaxvour Ah ok. Not a fan. Already had recalls BMW had to handle. The engine is good tho.
@SKOMPAS
@SKOMPAS 2 ай бұрын
You can own and love German cars too but they have to be 20 years old or more
@thelastfallenangel54
@thelastfallenangel54 2 ай бұрын
Maserati holds the crown for depreciation value follow burnt cookie 221 or modded motors for good content or not you guys are amazing pat on back
@JobiWan144
@JobiWan144 2 ай бұрын
I see what you did there
@h4xagon909
@h4xagon909 2 ай бұрын
least reliable cars
@wesley_snipes
@wesley_snipes 2 ай бұрын
Even though the mc20 is carbon fiber it will find a way to rust
@Airidd
@Airidd 2 ай бұрын
older aston martins:
@nashvilleslim
@nashvilleslim 2 ай бұрын
To be fair he should show us a Maserati he bought and repaired ​@@JobiWan144
@Bruceillest101
@Bruceillest101 2 ай бұрын
Father always told me. If you can’t afford to buy a new Benz, you definitely can’t afford a used Benz
@oscaraurelio8869
@oscaraurelio8869 2 ай бұрын
Your father is wise, and you also are if you followed his steps on this matter
@S9.S4
@S9.S4 2 ай бұрын
he was absolutely wrong tho. our family has owned 2 used S class and 3 BMWs
@jeeedle
@jeeedle 2 ай бұрын
@@S9.S4owning is one thing, keeping it working properly is another
@S9.S4
@S9.S4 2 ай бұрын
@@jeeedle it's actually not that bad considering how you drive it. My Dad has been driving W221 S500 for 3 yrs now. spend enough to keep it running
@homelessmillionaire1
@homelessmillionaire1 2 ай бұрын
​@@S9.S4 So in other words, your family can afford a new Mercedes. So original post is correct
@richw6690
@richw6690 2 ай бұрын
Somebody who works in the automotive industry, I love when all these places always quote how much the car depreciates but that's never reflected in the sales price. Car pricing still makes no sense.
@danhall5761
@danhall5761 2 ай бұрын
So you don’t work in sales?
@richw6690
@richw6690 2 ай бұрын
@@danhall5761 Car sales and minor repair. It's a smaller operation where I am currently so I do everything. Including automotive transport. Yeh I have a CDL.
@Whknwswhknw
@Whknwswhknw 2 ай бұрын
Because a cars sale value brand new isnt an indicator of its resale market value? Resale market value depends on the markets value for the car which is impacted by multiple factors the brand new price is cost of development, manufacture, delivery and the fact its new so as seen in most cases a car costs significantly more brand new than it does second hand
@TooFly357
@TooFly357 2 ай бұрын
Pre rona depreciation was represented in sales price for some vehicles. Compare an Acccord to a Chevy Malibu. Same class of vehicle that can be similarly equipt for the same MSRP, but no one was paying MSRP for the Malibu, and people were paying close to MSRP for the Accord. The resale value of the Malibu is terrible, but the Accord's is awesome. Also, look at Toyota Tacoma vs Chevy Colorado again pre rona. Compare new sale prices of Jaguar XJ's to S Classes and 7 Series' they are lower and the resale value is lower. When dealing with resale value, it should be looked at vs. other vehicles in its class. Not as a whole. I agree car pricing makes no sense.
@Daniel-it1dp
@Daniel-it1dp 2 ай бұрын
Depreciation is for you not for the dealers 😂
@busalove2013
@busalove2013 2 ай бұрын
The depreciation comes from the overwhelming maintenance costs over the years.
@slurp3194
@slurp3194 2 ай бұрын
It’s funny how after 5-6 years. Toyotas and Hondas go for more then Mercedes and bmw.
@tespenkr9924
@tespenkr9924 2 ай бұрын
The rich folk don't want them because they can lease a new one. The average folk can't afford the to maintain them. That is why the resale prices are so low.
@SalSanchez-dy6cn
@SalSanchez-dy6cn 2 ай бұрын
We rich people own new cars not a 1989 molded pos
@Zoomydoomy
@Zoomydoomy 2 ай бұрын
That's not saying much since the tundra can cost 90k+ and the Sequoia frequently costs over 100k. Don't get me started on the land cruiser. ​@@slurp3194
@mtbsieppo
@mtbsieppo 2 ай бұрын
@@SalSanchez-dy6cn well congrats man
@HandsomeBlackMusle
@HandsomeBlackMusle 2 ай бұрын
Going to buy a bimmer and put $10k in mods. Then I'll sell it in a few years. Few years later Dealership: BAHAHAHA!! You want how much?! 😂
@Fuffcat
@Fuffcat 2 ай бұрын
10k in mods so like, 4 things
@TC.._
@TC.._ 2 ай бұрын
😅​@@Fuffcat
@RedHaloManiac95
@RedHaloManiac95 2 ай бұрын
@@Fuffcatprobably less. I wouldn’t doubt an intake is 2k don’t forget they all need the down pipe!
@paulklp8262
@paulklp8262 2 ай бұрын
Mods don't add value. Probably make it worth even less.
@PlatinNr1
@PlatinNr1 2 ай бұрын
Nobody pays for your mods. Cars should be Stock anyway at best
@fabiolean
@fabiolean 2 ай бұрын
If you can afford the repairs, or do them yourself, they’re a great get after the depreciation. The mistake too many people make is assuming the cost-to-own also depreciates.
@xIcarus227
@xIcarus227 Ай бұрын
Just be careful because doing your own repairs will also tank the car's value further.
@toranowatson7551
@toranowatson7551 20 күн бұрын
Only because they can't do the repairs nor want to pay the shop
@toddrunyon
@toddrunyon Ай бұрын
People leasing those types of vehicles for 2-3 years don't typically "thrash" their cars.
@ChrisKarpuk
@ChrisKarpuk Ай бұрын
I've never known anyone who leased ANY car to "thrash" them. They were actually more OCD about their cars than those of us who purchased.
@efeaster3680
@efeaster3680 23 күн бұрын
Exactly
@vernongamble1115
@vernongamble1115 2 ай бұрын
Number 1 reason is the first buyer absorbs the almost 30% import tax on German cars. How do people keep forgetting that?
@steviealvaalbany2730
@steviealvaalbany2730 Ай бұрын
Oh man that’s insane !
@kylesteiner4158
@kylesteiner4158 Ай бұрын
Because it’s not true. Google “US Import Duty on German cars.” It’s two and a half percent (2.5%).
@lowe1988
@lowe1988 Ай бұрын
@@kylesteiner4158that is true but some states tax cars differently. Some states tax higher than that
@nilpatel2795
@nilpatel2795 13 күн бұрын
There's a reason S-Class's are used as taxis in Germany. No import tax because they're domestic cars there. Same reason why Ford Mustangs are expensive overseas.
@vernongamble1115
@vernongamble1115 10 күн бұрын
@@nilpatel2795new S Class are rarely used as a taxi in Germany, those are E200d's, not E350s! You have no idea what you're talking about. Do you drive Mercedes? I do!!? Btw, this video applies to the U.S. market.
@TheTruelakersfan
@TheTruelakersfan 2 ай бұрын
Parts are still expensive as hell
@RothBeyondTheGrave
@RothBeyondTheGrave Ай бұрын
You'd be surprised. Literally almost everything on my mom's 3rd gen TL is significantly more expensive & 100% harder to get than on my pre facelift C207 chassis or my sister's late w203 chassis. The 2 Mercedes are also 100% easier to wrench on.
@PneumaticFrog
@PneumaticFrog Ай бұрын
If you're in America it's piss cheap, try living in Australia where we pay 6 to 8x the price for European car parts
@royalvibes4433
@royalvibes4433 Ай бұрын
1999-2000 E320 w/ 100,000 miles. Top notch condition, previous owner took immaculate care of it. I shared my life story w/ him and because of the immense pain I’ve been through he Sold it to me for an absolute screaming deal, straight up cash. (once in a lifetime deal, less than $3k) . Been the new owner for over a year now, have had absolutely zero problems,mechanic said it’s in amazing shape, no issues at all. and honestly nothing about it is expensive,for a vintage classic Benz everything is absolutely affordable. All that Bullshyt about parts being expensive....is 100% referring only to BRAND NEW MERCEDES, but only absolute dummies are getting those & they can’t actually afford them plus they don’t even own them, they get loans and blah blah blah. BOTTOM LINE IS IF YOU CANNOT STRAIGHT UP BUY THE CAR TWICE ,YOU CANNOT AFFORD IT.
@furryballsploppedmenacingl8534
@furryballsploppedmenacingl8534 9 күн бұрын
​@@RothBeyondTheGraveYou mean an Acura TL?
@patricklawrence9784
@patricklawrence9784 2 күн бұрын
@@PneumaticFrogWow..
@overlord6815
@overlord6815 2 ай бұрын
The irony. My coworker and I discuss buying new cars all the time and he recently said he would get a 2019-ish S450 or S560 for around 30K used. I called bullshit until we actually searched them up and realized he was right.
@MondoChow777
@MondoChow777 2 ай бұрын
5 years is usually the sweet spot for luxury performance vehicles. I got a fully loaded 2020 Lincoln Aviator black label a couple of months ago for $42K with 26K miles on it. It was $104K brand new.
@overlord6815
@overlord6815 2 ай бұрын
@@MondoChow777 Jeez. Kind of scary to see a car depreciate like that but it's a hell of a deal.
@NeoIsrafil
@NeoIsrafil 2 ай бұрын
​@@overlord6815 naw man like he said, those lease return sales are absolutely thrashed mechanically, they dont take care of em, the oil has been cheaped out on, the fluids have never been checked, the doors have always been slammed, their pedals have experienced 2 modes of foot, FULL BODYWEIGHT and nothing, because rich people honestly have 0 pedal control... it's honestly never a deal unless you get one from a cop auction or something. 40 grand for a car that's only ACTUALLY worth about 10-15k in real value (think what it really could be safely sold for if manufacturers just wanted to make a small profit, a few %) instead they Jack it up at every step so everyone who touches that thing pays 4 times what it's worth and they know they're gonna get to keep all that extra.
@iliketakingshowers
@iliketakingshowers 2 ай бұрын
​@@NeoIsrafilI lease and I literally care for the car like it was a member of my family. There's definitely some of us out there
@ElMorroPerez
@ElMorroPerez 2 ай бұрын
​@MondoChow777 I call bs. Aviator is just a explorer. 😂😂😂 You must be thinking about a navigator
@mattlittlej
@mattlittlej 2 ай бұрын
I LOVE me some late 80s/early 90s AMG, so I'd be much more interested in wrenching one of those instead of a new MB where you need a masters in computer science to make the damn thing work. And I say that as someone who daily drives a 23 Giulia.
@Strawman333
@Strawman333 Ай бұрын
Amen.
@RothBeyondTheGrave
@RothBeyondTheGrave Ай бұрын
Giulia's are 1 of like 4 appealing modern cars. More power to ya ✌️🤘
@GSP-76
@GSP-76 17 күн бұрын
Don't Guilias have Ferrari engines in them?
@justuscapes
@justuscapes 2 ай бұрын
My buddy bought a clean E55 AMG with the carbon fiber package for $9,000 before Covid. It was like a $150,000 car new I believe. Insane depreciation but worked out well for my buddy
@sammymobs3889
@sammymobs3889 2 ай бұрын
What’ year
@justuscapes
@justuscapes 2 ай бұрын
@@sammymobs3889 2004 I believe?
@justuscapes
@justuscapes 2 ай бұрын
@@sammymobs3889 2004 I believe?
@drosolo688
@drosolo688 2 ай бұрын
Definitely what year?? Hmm 2016?
@jadan8434
@jadan8434 2 ай бұрын
9000...that aint clean😅
@marquiswilliams6251
@marquiswilliams6251 2 ай бұрын
Those cars were clean af but probably a mechanical nightmare
@justinbury7346
@justinbury7346 24 күн бұрын
Benz and BMW tend to be bad. Audis don't if you avoid a few models
@eljefeamericano4308
@eljefeamericano4308 Ай бұрын
I'm going to add my own experience to the conversation. I bought a used 2009 Audi A5 with the 3.2 V6 and a manual transmission. I've put well over 100,000 miles on it, myself, and it's damn close to 200,000 right now. I've had to do virtually nothing to it in the way of repairs. A door lock regulator... that's the one thing I can think of. It's been a fantastic car.
@lpg12338
@lpg12338 Ай бұрын
Outstanding, here's to many more trouble free miles. 👍
@mpkp2011
@mpkp2011 Ай бұрын
I'll add my experience: 2011 ML350 4matic with 180k miles. Bought used in 2016 with 80k miles already for only $15k. Has been an amazing purchase and I still get compliments on it
@Ghostisback817
@Ghostisback817 Ай бұрын
Bought a used 2013 A4 53000 miles on it , Had to replace the engine in less than a year. Still love the performance of the Audi's but no more for me .😄
@eljefeamericano4308
@eljefeamericano4308 Ай бұрын
@@Ghostisback817 Those 2.0 engines can be pretty hit-or-miss. I've known people who have had great luck with 'em, but yours isn't the first story I've heard just like that.
@ij6708
@ij6708 25 күн бұрын
Probably because the previous owner replaced everything that started going wrong with it. Thought they didn't want to put more money into it while the value keeps tanking and passed it on to you. So you get a trouble free car for a while
@smellsuperb1
@smellsuperb1 2 ай бұрын
You're not finding a 300SEL for $1500, not easily at least
@PepeLePewPew-qy3en
@PepeLePewPew-qy3en 2 ай бұрын
I just found a 300ce coupe running in the UK for £1k Passed its MOT today needing 1 front tyre replaced, I'll change all 4
@smellsuperb1
@smellsuperb1 Ай бұрын
"not easily" being the operative phrase here
@tonyppe
@tonyppe Ай бұрын
​@@PepeLePewPew-qy3enyou're lucky, buy a lottery ticket
@MatosJr1004
@MatosJr1004 Ай бұрын
Same here , I will try to find one of those 300SEL for that cheap , the lowest price will be like $8,K .
@lloydchristmas1086
@lloydchristmas1086 Ай бұрын
just found one.
@MrBigShot110
@MrBigShot110 2 ай бұрын
If you’re not the first and only owner it makes less and less sense to buy a luxury vehicle, especially a performance version
@xIcarus227
@xIcarus227 Ай бұрын
Not necessarily, you can buy a 3-year-old one for almost half the price and still get a better deal, there's no way the repairs will cost that much. The problem is that most people aren't prepared for it. They think buying a 2010 E-class for 20k means the maintenance will be that of a 20k car.
@dradedayoadewuya8160
@dradedayoadewuya8160 2 ай бұрын
I'd choose the $1500 1989 300SeLs for the next 300years😂
@robbertroomer6705
@robbertroomer6705 2 ай бұрын
De beste opmerking ooit!❤
@orderofmagnitude-TPATP
@orderofmagnitude-TPATP 2 ай бұрын
Except that don't exist no more. Double maybe triple it. Decade ago - yeah sure ...
@doggSMK
@doggSMK Ай бұрын
+1 I'd love to get any SL or SEL for $1500, but the price has gone up. Anyway, I'd preffer the old indestructable Benz over the new ones ❤
@royalvibes4433
@royalvibes4433 Ай бұрын
1999-2000 E320 w/ 100,000 miles, absolute amazing condition, zero issues. I shared my life story & because of the immense pain I’ve been through the guy sold it too me for less than $2500 cash. Have had it for over a year now, no issues whatsoever and being a vintage classic Benz nothing is expensive, everything is completely affordable. People just don’t understand, they think because it’s “Mercedes” it’s expensive. Truth is that’s only for Brand new Mercedes but people who have those don’t actually even own them, get a loan or lease etc etc 🤦🏽. THE BOTTOM LINE IS THIS: IF YOU CANNOT BUY THE CAR TWICE, YOU CANNOT AFFORD IT.
@royalvibes4433
@royalvibes4433 Ай бұрын
@@orderofmagnitude-TPATP​ YOU ARE 100% WRONG! I got a 1999-2000 E320 w/ 100,000 miles, absolute amazing condition, zero issues. I shared my life story & because of the immense pain I’ve been through the guy sold it too me for less than $2500 cash. I Have had it for over a year now, no issues whatsoever, mechanic even said it’s in absolutely great condition and being a vintage classic Benz nothing is expensive on it actually everything is completely affordable. People just don’t understand, they think because it’s “Mercedes” it’s expensive. Truth is that’s only for Brand new Mercedes etc... but people who have those don’t actually even own them, they get a loan or a lease and have a lifetime of payments etc etc 🤦🏽. THE BOTTOMLINE IS THIS: IF YOU CANNOT BUY THE CAR TWICE, YOU CANNOT AFFORD IT.
@RCDiaz-Balart
@RCDiaz-Balart 2 ай бұрын
No, fixing or sourcing parts for an s-class or 7 series is generally a nightmare especially newer ones. The only time this was feasible at least in my career was in the Middle East and I'll leave it at that
@Cloud-zi9zl
@Cloud-zi9zl 2 ай бұрын
Im currently living there can you please give me a reason why?
@Jarl.exe_TheMachine
@Jarl.exe_TheMachine Ай бұрын
​@@Cloud-zi9zlI made it tf up
@N4CR5
@N4CR5 Ай бұрын
@@Cloud-zi9zl all the stolen cars get sent there and to crapholes in africa and eastern EU.
@michaellehmann2803
@michaellehmann2803 2 ай бұрын
Why do they depreciate so hard? Because they are overpriced pieces of junk that cost obscene amounts to repair, and their only value is as a status symbol, which once the new body style is out and everyone knows your car isn’t brand new, that goes out the window too!
@RandomHuman1103
@RandomHuman1103 2 ай бұрын
Those cars get insaine milage in europe(were people take care of them) and their price doesn't fall that much as it does in US(where people abuse them).About "overpriced" and "expensive repairs" i can only say-gum in not for the bum(if you can't afford Benz,Bmw or Audi go buy a damn honda or toyota)
@jb121391
@jb121391 2 ай бұрын
@@RandomHuman1103 wouldnt parts be cheaper in Europe than the US?
@RandomHuman1103
@RandomHuman1103 2 ай бұрын
@@jb121391 Probably,but not too much(probably due to the shipping)
@kelechienwereuzor5026
@kelechienwereuzor5026 2 ай бұрын
They are amazing to drive
@WastingOurPreciousTime
@WastingOurPreciousTime 2 ай бұрын
@@RandomHuman1103They're not the same cars in Europe. Europe has different engines in the same models . Mostly smaller, less complicated ones and diesel engines.
@erictsai1165
@erictsai1165 2 ай бұрын
300 SEL for the win
@i_Nihil_i
@i_Nihil_i 2 ай бұрын
Its also because they refresh the models so often, so rich people need to get the newest tech more often
@richardjones9375
@richardjones9375 Ай бұрын
Nah Mercedes doesn’t change for 8 years. I had a 2007 CL600 in 2014 and it still looked like the 2014 model.
@brimoton
@brimoton Ай бұрын
In the wee hours o' the mornin'...on an empty highway...I hit 150 in my 2001 E55 AMG on my way to work. On a fairly regular basis. The roar of that big N/A V8...is magnificent!! I'd like to take this moment to thank depreciation...for making it possible...😉
@qdav5
@qdav5 Ай бұрын
I bought a 3-year-old benz about 11 years ago. I still have it and it is still running great.
@raghavaggarwal7624
@raghavaggarwal7624 Ай бұрын
Even though they depreciate fast, it still doesn't mean they are thrashed. In India, corporates lease cars for their employees but they are a way to reduce the tax burden and get car for cheap. After the lease term ends employees usually pay the remaining value and own them in their name.
@lpg12338
@lpg12338 Ай бұрын
That is interesting, thanks for sharing. 👍
@FerdinandFake
@FerdinandFake 2 ай бұрын
Got me a '87 300 TE 4matic, last combustion car ill ever need. Has all the comfort options you want but none of the computer crap. Any of the post 2000 cars are so loaded up with electronics and rare special parts on the AMGs that you're just SOL if anything breaks or wears down. They are cheap because maintenance was neglected and they need upwards of 10k just to get up to spec. Of course if you really want to invest and build the car that doesn't matter.
@robbertroomer6705
@robbertroomer6705 2 ай бұрын
U bent de eerste die het begrijpt💪🏼👍🏼
@lpg12338
@lpg12338 Ай бұрын
Well Said.
@darkcircle899
@darkcircle899 2 ай бұрын
I have a c63 it was my dream car growing up and it hasn't disappointed I absolutely love it. The service bill does hurt though. If you want one of these cars please make sure you have the cash flow to service or the kills to do it yourself or it will become a nightmare. Even basic things like brakes and rotors cost close to 10k at a dealership be warned.
@TheTechCguy
@TheTechCguy Ай бұрын
From experience driving a classic 1994 C280 myself as my first car in my life, unless you want to bankrupt yourself or if you’re really that rich for the newer Benz cars, stick to the old ones to offset that upfront cost. The maintenance on my C280, just for parts like the water pump alone, costed more than a pump that goes on a domestic or Japanese branded vehicle, despite the cheap upfront cost for the car itself. Consider your financial capability first before committing to a German luxury car.
@conrad9398
@conrad9398 Ай бұрын
As a financial advisor - most (most) my top clients (worth millions) do not buy new MB’s or BMW’s or any of that. That how they got rich - they were smart not stupid
@Jason-mh1pl
@Jason-mh1pl Ай бұрын
What kinda car do they own? Even though being millionares, they could spend 100k like pocket change?
@henlo1910
@henlo1910 Ай бұрын
I refuse to buy the narrative that billionaires are driving around in 90s corollas... I've known plenty of rich people and they either drive luxury cars or teslas.
@kingkannon8158
@kingkannon8158 24 күн бұрын
As a financial advisor myself for over 20 years I can confirm that is a lie
@josephiloanusi6959
@josephiloanusi6959 5 күн бұрын
@@kingkannon8158a big one! 😆
@beratsbuilds
@beratsbuilds 2 ай бұрын
Bought a 1993 E class (W124 Chassis). Absolute Tanks, dont want to get burned by the newer ones - I had my fair share of electric gremlins already 😅
@robbertroomer6705
@robbertroomer6705 2 ай бұрын
Nice, keep up the good work ❤
@Sam_AMG
@Sam_AMG Ай бұрын
A comment from a car enthusiast that loves the S classes and that why I currently own an S65 AMG and an S63 AMG 😄. I can confirm the prices of the struts are eye watering as I had to do them on my S65 AMG but what a car to own!
@SpiritJellyfish1
@SpiritJellyfish1 Ай бұрын
Please read and take notes!!!! As a guy who owns a benz… I’ll tell you this! If you can afford a used benz. You should have enough money to own it too. Good luck! And remember, If you can afford to purchase a car of the lot, or a down payment. Don’t forget about the costs that will creep up on you. Like maintenance, fuel, mechanical/electrical issues, unexpected flat tires and more..
@lpg12338
@lpg12338 Ай бұрын
Yes, cost of ownership is the "hidden" cost that many forget about.
@SpiritJellyfish1
@SpiritJellyfish1 Ай бұрын
@@lpg12338 they do. It’s the hidden cost they don’t tell you about.
@RandomHuman1103
@RandomHuman1103 2 ай бұрын
There are 2 important things to note here 1st is that in europe(and even in africa and middle east) those cars hold price better than in the US(mostly because of good maintainance) 2nd is that buying new Mercedes or BMW and taking care of it would make it last as long as honda or toyota(i've seen some with 400k-650k miles)
@Dogtrio
@Dogtrio 2 ай бұрын
This is exactly it, Ive even had dealerships say they cant do my oil because they dont have the specialty equipment for my 2015 bmw... I do it myself and it literally measures the oil level itself. I have never had an issue.
@antoochibbo1355
@antoochibbo1355 2 ай бұрын
Yes in parts of Africa 10yr old Mercedes with 100k miles still costs alot
@robbertroomer6705
@robbertroomer6705 2 ай бұрын
​@@Dogtrio 2015? You dont know nothing. You have an 4 cilinder? All German cars are bad after 2004.... But it is because European regulations... So buy a good car, please....
@HyperVanilo
@HyperVanilo Ай бұрын
@@robbertroomer6705 And what's that car? Please don't recommend him Ford
@htimsid
@htimsid Ай бұрын
@@robbertroomer6705 What are you on about? 'All German cars'? 'because of European regulations'?
@metaleggman18
@metaleggman18 2 ай бұрын
Just because the cars are leased doesn't mean they're thrashed 😂 the issue is poor preventative maintenance and accidents. Also, the reason for the depreciation is because of the short warranty and the fact that after about a year, something electronic starts to go bad. Out of warranty, trying to fix any of the electronic issues can be done costs tends of thousands, just so your active seat bolsters work properly. Then you have the cost of any work, parts, etc
@rolandobravium1873
@rolandobravium1873 2 ай бұрын
That makes me think that they design them like this on purpose… basically what the video says I guess. They get their profit, owner gives it back, they don’t have to do any warranty work on it, sell it cheap, make a bit of extra cash, repeat
@YoMumzinnit
@YoMumzinnit Ай бұрын
21 dummies no nothing
@oB_Session
@oB_Session Ай бұрын
I love getting a car that once had an MSRP of $140k for $40k. It’s still the same car, same trinkets, but for a heavy discount which I’m not opposed to. I just recently got such a deal and I’m very happy.
@n1co2017
@n1co2017 2 ай бұрын
as somebody who doesn't want a boring first car i see no down side to depreciation
@bracedgod4505
@bracedgod4505 2 ай бұрын
I went and bought an old Lexus ES in one go. Leather and smooth ride with the maintenance cost of a Camry. Stress free. Obviously not a performance car but that’s what the IS cars are for.
@PigVSPerson
@PigVSPerson 2 ай бұрын
I'm thinking of going to a police auction and getting a crown vic
@NorceCodine
@NorceCodine Ай бұрын
Police sold off the crown vics 20 years ago.
@lpg12338
@lpg12338 Ай бұрын
If you get the crown vic with the police interceptor package, that car should last a very long time. 👍
@kaushikganesh6216
@kaushikganesh6216 Ай бұрын
They depreciate heavily because they get really expensive to maintain the older these cars get
@YuijroHanma
@YuijroHanma 2 ай бұрын
We have leased about 10 Mercedes over the last 20 years, and then after the lease we just buy them out which is cheaper and smarter
@anthonye3680
@anthonye3680 2 ай бұрын
I'm a mechanic and all new Mercedes are garbage, I hate working on them knowing even if I fix them they will be back broken again..
@biznesmen9229
@biznesmen9229 2 ай бұрын
So fix those cars correctly, in EU those Mercedes Benz cars are making easily 500-600k kilometers of mileage, if you can't fix them just don't do it
@RandomHuman1103
@RandomHuman1103 2 ай бұрын
​@@biznesmen9229some of them even more(i saw e270cdi with 750k)
@tgw230
@tgw230 2 ай бұрын
@@biznesmen9229 you don't know what you're talking about, go talk to a dozen technicians who work on the cars, I'm a former technician as well. The problem is that the parts on these cars fail prematurely, you can keep replacing the same part like a fool and keep thinking you're a smart guy meanwhile MB parts manufacturers are laughing all the way to the bank with their planned obsolescence.
@PStewart28
@PStewart28 Ай бұрын
A penny for your thoughts on the W205 c43..
@root12510
@root12510 Ай бұрын
​@tgw230 you're not wrong haha. I'd say that goes for all newer cars though. They aren't built to last anymore.
@brimoton
@brimoton Ай бұрын
Got a 2000 C280 with 73k miles for $3K 6 years ago. Has over 120k now. So far...new rotors and pads for $300. Runs like a top and I'll have it for another 10 years easy. The secret to owning a used Benz...do your own maintenance and repair. Edit: It's got the Sport Package...2-tone leather seats, stiffer suspension, 16" alloy wheels, flip down back seats...I can sell it for $5k easy at this point...😉
@PStewart28
@PStewart28 Ай бұрын
Bingo
@user-kf5qf4op1i
@user-kf5qf4op1i Ай бұрын
Yeah, this sounds like a US problem. It's not the case here in South Africa.
@dboi4952
@dboi4952 25 күн бұрын
America has its own version of everything, from cars to food .....and the foreign version is always much better.
@M3Vader
@M3Vader Ай бұрын
Nothing depreciates faster than a bmw M car
@mitchlol5710
@mitchlol5710 2 ай бұрын
Ill Stick to my Lexus LS
@famicomnintendo
@famicomnintendo Ай бұрын
nice reliable car, but they also get very expensive to maintain and fix
@furryballsploppedmenacingl8534
@furryballsploppedmenacingl8534 9 күн бұрын
​@famicomnintendo still more reliable than any German car
@tomerrozenman4484
@tomerrozenman4484 2 ай бұрын
It's not the leasing that is the main reason. It's the poor reliability over time and the insane repair costs
@channell11
@channell11 Ай бұрын
There are multiple reasons. The leasing means there's a lot of them on the market. They are also used extensively for car service/livery business. They are also a status symbol, and people that buy them turn them in after a couple years for the next technologically advanced model. Expensive repairs out of warranty is just another factor that drags down value after supply/demand has done its job.
@whatchis1120
@whatchis1120 Ай бұрын
Most people are scared of the maintenance and running cost like premium fuel. Plus if you can't afford it new it won't make sense to buy it used unless it's not getting driven much. For me every car depreciates so it doesn't really matter when its got nearly 200k miles in 5-7 years. Even the most notorious value holders drop when you get to that point since they're hard to get financing and most don't want that kind of mileage due to reliability and more repairs.
@farislatif8846
@farislatif8846 2 ай бұрын
In my country if they are not Leasing rich wouldn't buy used for this luxury car so good for people who want to owned/ used German luxury car 😂
@richardhimself
@richardhimself Ай бұрын
People here talking about maintenence costs and all that rubbish. It is more expensive to maintain a Ford F-150, a mustang and a Cadillac than a Mercedes or BMW. You guys love trashing German cars for their reliability and good build because you think we viewers all live in a trailer park
@asimov64
@asimov64 Ай бұрын
Mercedes = Reliability? 😂😂😂 Are you stupid?
@sb2h
@sb2h Ай бұрын
Exactly, people love to run their mouths about how pricy the replacement parts and labor are, but completely ignore the fact that they're ordering 30-70$ worth of parts for their truck *every week.* In 4 years of ownership, I had to replace 1 part on my 2002 Mercedes. One. Other than break pads, fluids, and tires, I spent 800$ on repairs total. I upgraded to a 2016 and have spent $0 on the car since I bought it, except for gas ⛽️.
@leksetengah
@leksetengah Ай бұрын
no, we not compare to us cars, but compare to japanese car
@shaynenesbitt3987
@shaynenesbitt3987 Ай бұрын
I think you aren’t factoring the people who don’t take care of their vehicles
@IcedOutkrs
@IcedOutkrs Ай бұрын
Cadillacs still pretty good & that’s true. C coupe class & Gle have never gave any issues. S class doesn’t depreciate as much as what he said idk where he got that ridiculous number.
@Ford_Ranger-if7zk
@Ford_Ranger-if7zk 2 ай бұрын
Am going for the 2008 Mercedes Benz C63 AMG
@RandomHuman1103
@RandomHuman1103 2 ай бұрын
Sick car,just don't floor it from the stop(it'il spin hard)😂
@iVroomify
@iVroomify 10 күн бұрын
The reason they depreciate so much isn’t cause they’re leased for the first years it’s just that they were garbage to begin with
@gamerxxxx5832
@gamerxxxx5832 Ай бұрын
If u sometimes feel worthless this guy is here for u
@nezarl8374
@nezarl8374 2 ай бұрын
My plan is to LS Swap these good looking perfect handling pieces of art , so I can get the best of both worlds
@expo2000000
@expo2000000 2 ай бұрын
Are insurances of these older cars expensive?
@MatterBaby68
@MatterBaby68 2 ай бұрын
I had a 2008 Lexus is and it was about 650$ every 6 months when I was 19
@biggysmalls8933
@biggysmalls8933 2 ай бұрын
No. I'm a 36 year old male and I have a 2003 SL500, 98k brand new, my insurance is 160 a month. However the air suspension fucked me in the ass real hard so I had to put coil overs on it. Which cost 5k. Get a used benz without the air suspension. I've owned 4 Mercedes. Great cars! Pretty reasonable to own if you can fix it yourself
@ScottOmatic
@ScottOmatic 2 ай бұрын
Typically, older cars are less expensive to insure, regardless of what it is, as long as the current value of the vehicle is less than a late model car. Insurance doesn’t pay for all the mechanical issues that pop up on these cars, so they don’t care
@MatterBaby68
@MatterBaby68 2 ай бұрын
I'm 23 rn so it wasn't forever ago. don't trip to much you'll pay a little extra cause we are young but it'll still be cheaper than a newer car
@larrybland007
@larrybland007 2 ай бұрын
Yes, depending on your city and if you owe on it.
@yardblah5161
@yardblah5161 2 ай бұрын
If I close my eyes this whole short is being done by Linus Tech tips..
@Lol_Boring
@Lol_Boring 2 ай бұрын
its bad for us cuz we cant have them at all
@Osamabeenleanin210
@Osamabeenleanin210 2 ай бұрын
They make their money back when people buy them used and need repairs. Shit cost like its brand new
@blubb7711
@blubb7711 2 ай бұрын
German cars are build for 2-3 years of leasing. BMW crushes 125.000 cars every year.
@biznesmen9229
@biznesmen9229 2 ай бұрын
Where did you get that information from?
@smellsamazing
@smellsamazing 2 ай бұрын
🧢🧢
@nursolaststs
@nursolaststs 2 ай бұрын
The actual reason is demand. There are only 2 kinds of people driving these cars. None of them would pay a ton of money for a used one.
@ksl4044
@ksl4044 2 ай бұрын
this crazy rate of depreciation is the only reason i own an s65
@Dogtrio
@Dogtrio 2 ай бұрын
I own a 2015 bmw that was 90k new, ai got it for 20k in 2019 and have never had an issue because I do my own servicing (on time). I feel like they break down so much because people wait on oil changes since dealerships gouge german cars prices. They are actually really a really good deal if you have a garage.
@wigletron2846
@wigletron2846 Ай бұрын
Alfas depreciate even harder. I was tempted just for the Ferrari seats.
@theofficialpeterkim
@theofficialpeterkim Ай бұрын
When I used to own a Mercedes I kept on bringing it the shop once a month for repairs. I asked my mechanic if there anything that’s good and he said just the engine, everything else you will have to replace. He just smiled. He did some replacements for free since he saw me so often. Was happy when I got rid it. Spent $14k in 18 months about 15 years ago.
@jayh9635
@jayh9635 Ай бұрын
I've owned several Mercedes and actually have 3 right now! 06 S55. 08 C300 4matic. And a 11 E350 sport coupe! They are great cars and are very cheap to maintain if you can do all the work yourself! If you can't then it gets very very expensive! It's a love hate thing.
@SimplyTiffany2009
@SimplyTiffany2009 Ай бұрын
can u be my dad
@jayh9635
@jayh9635 Ай бұрын
@@SimplyTiffany2009 Sorry. I am currently not excepting any adoptions at this time!
@SimplyTiffany2009
@SimplyTiffany2009 Ай бұрын
@@jayh9635 nooooooooooooooo😢
@jayh9635
@jayh9635 Ай бұрын
@@SimplyTiffany2009 🤷🏼‍♂️
@workdesu
@workdesu 2 ай бұрын
couple years back we were talking with our employer about how benz same model as his depreciated alot eventhou being just couple of years old. he replied "Yeah, depreciation. only poor people care about those things. i buy the car to enjoy it till it dies" turns out bro was pretty hardcore on cars and i respect him for that.
@SkywardOne
@SkywardOne Ай бұрын
I only paid 20k for a 2010 E63 AMG. You simply can't buy another car with this amount of luxury and performance for the same price. This is why depreciation is your best friend
@louiewatson9389
@louiewatson9389 Ай бұрын
People buy a Benz and then realize an oil change is at least $150
@dreibeiner777
@dreibeiner777 Ай бұрын
500 Euro in germany (mercedes)
@TonyTony-vb5pu
@TonyTony-vb5pu 21 күн бұрын
My friend had a AMG but couldn't afford it, and trust me they are the PINNACLE of luxury and performance. No other manufacturer combines luxury and performance that you can drive everyday.
@docrex1678
@docrex1678 Ай бұрын
As an owner of an AMG line Benz, I fully agree with this..... its depreciated so much, I am not selling it and gonna run it to the ground (won't take much as its ground clearance is only 150 mm)
@Mushielabs
@Mushielabs Ай бұрын
Bought a 2011 sl550 with 65k miles on it. It was originally a company car bought brand new for 130k. The company maintained it perfectly and is in amazing shape. But I bought it in 2021 for 18k. Total repair cost has only been 3k total including a tranny flush, a new air intake sensor and air conditioning sensor. Still have it and only at 70k miles now....wish me luck...hopefully it doesn't shit on me lol
@2JZDestroyer
@2JZDestroyer Ай бұрын
just make sure the hydro electric seals are in good condition and you'll be good to go-current r129 owner.
@Mushielabs
@Mushielabs Ай бұрын
@@2JZDestroyer for real? Is that part of the hydrolic system that manages the suspension?
@2JZDestroyer
@2JZDestroyer Ай бұрын
@@Mushielabs it manages both the ABC suspension and the Hardtop...on r129s(ads) it was a suspension option. I believe its standard fit on r230s
@Mushielabs
@Mushielabs Ай бұрын
@2JZDestroyer I appreciate the information. Looked it up and seems you know a thing or 2 lol. Can't wait to talk about it with my mechanic when service b is due hehe so far he says it's a pretty great example of this model year
@MostGenericUser
@MostGenericUser 2 ай бұрын
Well you have to keep in mind parts are expensive. You also will need a good bi-directional scan tool to work on almost any modern euro car.
@norcodaev
@norcodaev Ай бұрын
I paid $5200 CAD for a low mileage, single owner 2006 C320 in great condition….and I fucking love it! Such a fun car to drive, and I’m not even a car guy.
@swordfish3720
@swordfish3720 Ай бұрын
Bro said 5k for a strut replacement… I’m laughing as a coping mechanism
@smokey_410
@smokey_410 Ай бұрын
I buy and sell cars for living and what many people fail to realize is that those S class benzs' require a major service/maintenance at 50k-70k miles which require power steering (TQ),differential and transmission fluid replacement. Along with service on the transfer case. Alot of people forgo that service and it causes an accumulation of issues, they always run through the auction with (50k-80kmiles) for much cheaper than the MSRP but often come with a $10-15k maintenance cost to repair those issues which more than often have ballooned into even more.
@sieve5
@sieve5 2 ай бұрын
As long as it's under 10k and it's worth it to me I'm scared 😳 haha
@odin3066
@odin3066 Ай бұрын
dude sounds like linus sex tips for cars
@Gymgrl12
@Gymgrl12 Ай бұрын
I would pick the EK9 Honda Civic Type R over a Mercedes ANY day.
@jaaaa1759
@jaaaa1759 9 күн бұрын
I just got myself a 2019 CLA 180d. Reliable af! My last car was an Volkswagen Golf 1.6 TDI. I drove it to 500.000 KM's and sold it. The key is dont drive like an asshole and do your maintenance.
@h.phillip5245
@h.phillip5245 Ай бұрын
Almost bought a used 2014 M350 in 2021. Screen read mileage 67K. Took it to the MB Dealership, screen was adjusted. 167K mileage, no A and B maintenance ever done, which means no oil changes.
@xenophon8958
@xenophon8958 Ай бұрын
it's because they're electronic/technology centric. those elements are rapidly worn and outdated.
@biznesmen9229
@biznesmen9229 2 ай бұрын
I mean its about 20% worth of car, it doesnt matter if you will buy s clas, a class, 3 series, honds or toyota you will always loose 15-25% xD and thats normal just in this case price seems high
@keepingitdownwiththepashas
@keepingitdownwiththepashas 2 ай бұрын
bro made my day by calling out the 1989 sel. My dad's car and till today Im still in love with that shape!
@HaHa-gy5vg
@HaHa-gy5vg 25 күн бұрын
I have owned a $100K AMG for 6 years new from the Benz Dealer. It's never had an issue and still drives and looks like it's brand new. I won't sell it or any of my other cars because I have been their single owner and know their entire history which has a great value to me.
@tomclancy7257
@tomclancy7257 2 ай бұрын
Man those older V12 Benz Coupes been popping up like crazy around the states for under 25k.....I might have to grab one....if your a car collector like me who likes to modify your toys I advise you grab one too before they disappear
@NsKrewtable
@NsKrewtable 2 ай бұрын
I wish I had the extra cash to nab one of those. I saw a clean looking CL 65. 10k. Took everything not to jump on it. Thankfully I came to my senses.
@tomclancy7257
@tomclancy7257 2 ай бұрын
@@NsKrewtable There's tons of ways to make extra money and even build a few income streams these days with all the information floating around, it just depends on if your willing to take the chances of becoming an entrepreneur....it's worth it, if you make mistakes learn from them and try again till things get moving.
@vahebaldemian
@vahebaldemian Ай бұрын
if you are referring to the 2003 and newer V12 models, that coil pack service and spark plugs is a pretty penny
@MrSincity303
@MrSincity303 Ай бұрын
What he's saying is truth. As a recent owner of an E53, I can tell you these cars tank! The only car I've ever leased that had negative equity when I returned it. I put down a 15k deposit in hopes that I could sell it at the end of the lease, but nope! When I returned the car it was upside-down by $6800, which is crazy for a fully loaded car that avg 7500 miles a year over 3 years.
@Umut-ow6sh
@Umut-ow6sh Ай бұрын
Dude sounds like linus tech tips of the car community
@bukhosim2829
@bukhosim2829 12 күн бұрын
The problem with leaving features from the EU is that unlike in the US the iPhone may not be hard to replace.
@MCorrigan
@MCorrigan Ай бұрын
Exactly what I was going to say. These cars are leased over a 3-4 year period and lose so much money over that time. Once the warranty is over most people don't want to touch them, and rightly so.
@anthonylew183
@anthonylew183 Ай бұрын
I know for a fact leased MBZ are not trashed especially if you know where to get them , that person took the hit for you & you can get a great deal because the maintenance was done as it should...I've been on both sides of the situation.
@wheresthegrillcheese
@wheresthegrillcheese Ай бұрын
I don't recommend a used BMW. It's being sold used for a reason..
@ImtooFuturistic
@ImtooFuturistic Ай бұрын
I went from Mercedes to Tesla. I want my car to be simple. I get in and go. No oil no gas just tire rotation and charge.
@mrtickles5982
@mrtickles5982 Ай бұрын
There's still some fluids and filters to be changed though! You only dropped out the engine oil change.
@TonyRomeNewMoney
@TonyRomeNewMoney 18 күн бұрын
If you are competent with auto repair and have a decent set of tools, owning an older German car is great. It’s the only way it makes sense to take on the inevitable repairs without very quickly spending more than the car is worth. I own both BMW & Mercedes and almost never take them to a dealership for repairs. There’s strong owners groups that help you tackle most of the common problems (repair articles/videos).
@yeahrightbear8883
@yeahrightbear8883 Ай бұрын
The sheer amount of unnecessary electronics on these cares makes them a nightmare when they get to be about 15 years old. Nothing works, and you get tons of error messages that you have to clear out before you can even drive the thing.
@13bangbang16
@13bangbang16 Ай бұрын
Leased cars usually are in pretty good shape. If you go to turn in a leased car and it’s thrashed at all you, the person leasing will pay for all the repairs…. It’s in all leasing agreements. If you’re going to buy a used car, than you want to get one that was leased.
@Billsmafia15
@Billsmafia15 Ай бұрын
Bought a 2011 C300 with 29k miles on it. No knocks, no issues besides the serpentine belt needed to be replaced. An authorized Benz repair shop did the work for $103, and have the receipt. If you have someone to work on the car you trust, owning a used Mercedes is not that expensive. But, if you can’t afford to put 93 octane gas in it, stay away
@Shylara
@Shylara 2 ай бұрын
This makes me miss my old 1987 200SX Turbo.
@chuck9380
@chuck9380 Ай бұрын
90’s was the best era for imports and prices are going up not down
@avionmerced8946
@avionmerced8946 Ай бұрын
I believe once a company gets over 10billion in networth or just super monopoly sized proportions. They begin to mentally degrade
@Xanubizz
@Xanubizz 14 күн бұрын
Also depends on the country, here in Belgium they push to electricication, Plugin hybrids like the 545e for example loses 40% value in a year because of it...
@Darknight_smaw
@Darknight_smaw 2 ай бұрын
Used cars make it possible to pay 10k for a reliable vehicle that i can mod and if its used thats good if you plan to replace parts for mods
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