Owning or having a luxury car is nothing, what will kill you is maintenance,BMW and Mercedes loves your saving account money, and be careful buying a used one,because some people skip maintenance and trade them in

Just ordered a front parking sensor that went out on my Lexus GS 350 F-Sport. Lexus dealership wanted over $1k to fix. Tried calling Toyota dealership to order part and they said they don't have access to Lexus parts (even though when I pulled the sensor out the front bumper the part number started with the word Toyota 😂. Called Lexus dealership in another state and ordered oem sensor for $200 and a buddy is going to put it on for me. Savings over $800. Got to love those luxury prices!!

I worked for Infiniti in its hayday from 2000-2012 I got to work on a few 1990 models, and it was funny how people think they are in a "Luxury" car. My 06 Sienna is a Luxury car in my eyes. And Infiniti is the bottom of the barrell when it comes to a luxury car. Great Video

I’m broke but life is too short to drive boring cars 😂😂😂

Mercedes is not a luxury car. The segment is called premium or near luxury. Yes insurance, fuel, maintenance, depreciation, consumables are all more expensive. You sacrifice reliability, durability, and efficiency for style and performance. I will say a lot of the car influencers have shown that a lot of very expensive repairs can be taken care of for much less if one is mechanically inclined and has some basic tools.

I have S class Benz and Porsche Cayenne, why ? because life is too short to drive boring cars 😊

So true and thanks for the info

Awesome advice. TY 👋❤‍🔥❤‍🔥

Good info. Thank you. Very important information for me. Thank you😃

Yep - my initial costs were higher than I expected. But once they were done it's been good!

I remember my co-worker having a 1986 MB 190E, and when you closed the door, you could feel the weight and quality that MB used to have. He had a problem with the wiper motor in all the time he had it, and he DIY'd that....and that was the extent of mechanical issues. The interior was almost primitive compared as today's MB's. I would take quality any day, (older chap speaking here who has had European and American luxury cars) there seems to be such a disconnect between luxury and cost, quality and value. But life comes only once so if a luxury car is your thing, go for it, but go in with open eyes, I guess. For some folks, there is no difference between a need and a want.

Very well explained!! Pay to play ❤

There nice to have as a second vehicle..That way you can keep the miles fairly low. When you trade it in you will get more money for your trade

Bad thing about a low priced Mercedes Benz is when I hit a deer they totaled my car, sure the estimate was bogus but that's how body shops buy your car from your insurance company, fix it cheap and make a huge profit selling it. I'm buying my car back and cobbling it together for about 15% of their estimate, screw those people. My car was perfect, 57,000 miles, 11 year old GLK350 4Matic. Just remember that rapidly depreciating vehicles are only around until the accident. Thanks.

11:50 buying a luxo vehicle and having to service it yourself seems like an oxymoron situation...?

Just buy a Lexus or Acura, my Acura has Honda parts and engine so everything is cheap and easy to work on But still has a lot of luxury features and is quiet and fun to drive

18 yrs ago I almost decided to buy a Bimmer but instead opted for a loaded Forester. I am so glad I did. I still have the Subie.

It's all about what is most important and how much it's going to cost. Unfortunately, many irresponsible people cannot and will not make sensible decisions. Then they end up wasting a lot of money and some end up with a repo and bad credit. I could afford an expensive luxury car but, that's not that important to me at 71 YO. A good safe, reliable, and attractive car with great MPG is all the luxury I need. My 2020 Camry LE is all I need right now...along with my 1970 F-250. "I'm not broke but life's too short to be driving wallet busting cars."

at one point, we were going to buy a used BMW with low miles...but, decided against it, because i knew maintaining and insuring it would be really expensive...

Its also the top of the line cutting edge tech that rapidly becomes outdated and unsupported. Nobody really understands early 2000's Mercedes electronics

They can afford only the monthly payments only to run it to the ground and if it’s it too expensive to repair it’s on the market 😂

Luxury cars mean luxury car costs and maintenance! Frankly luxury cars make more sense to lease than to own based on repair costs alone.

The key to luxury vehicles is paying it off asap within warranty. $2k per year on tires is nothing if you no longer have to make $2k monthly payments. If you can't afford that then by all means get the Lexus or Toyota.

Luxury is all gimmicky to me, I just want light weight, high performance, sports handling, bucket seats, double wishbone suspension, but backup camera, touchscreen, parking sensors, push button start, and led headlights are good. Don't care about leather seats that age badly compared to fabric, heated seats/steering wheel, moving headlights, electronically controlled breaks, two mode oil pump, and so many other superfluous stuff. I never driven in a Lamborghini Countach, but I've heard you can hear so much mechanical sounds in the cabin, wheel sound, wind sound, it's all rather dramatic at low speeds, which I would rather take over a boring zero feeling luxury car.

I paid 1600 for 4 years of maintenance for my 2023 e class benz

Other costs to consider are car washes/ general cosmetic upkeep and possibly added parking costs associated with the luxury lifestyle.

this is very good. I will ask my 17yrs old son to watch first. Then he can make a decision if S Class MB or BMW M3 is a good idea. :-)

What no dealer will ever tell you is the motto of the Automotive Sales World, which is, "BIG CARS...BIG PROFITS" (Henry Ford). But the real thing they think is, "There's a sucker walking through those doors every minute!". Buy what you NEED.

Exactly.. and thats the main reason I skipped buying a benz just a week back 10:32

Now there is the Mercedes Benz you want to owe it is parking on the street at 2:42

Do not exceed 25% of your earnings to buy a car. Peanut shells are much more expensive than gasoline per energy that they contain.

Mark, Im surprised that you own a jag, with all the problems they come with,whats up with that?Thanks brother I love all your videos!

10 years ago Honda and Toyota oil changes were $100 now their $200 $250

What about service cost on a second hand lexus rcf 3 years old at main dealer

Never take your luxury car too the dealer for maintenance,

I take my car to my favorite shop and they do everything to my car. They applaud 👏 me for taking care of my car, because the sooner you get your car to the shop, the cheaper it would be

10% a month? I think that % was years ago before the crazy price hike and insane apr.

Gotta pay to play!! Pay good to look good!! Its not cheaper to keep her? Lol I do my own maintenance. I have receipts and pictures as I go of the maintenance I do with miles etc. I also have oil analysis done from Blackstone Labs that tells the health of the internal of my engine.

trying to impress people my spending hard earned money on a car is ludicrous ..it took me many years to realise this..

Wouldn't doing your own service to a certain degree save you cash? I do my own oil changes on my Frontier better then paying $120 for Nissan to do it. And I think if I had the cash I would never buy a sports car or a luxury car. I am tall and I can barely fit in a Corvette or a Camero. Plus I like reliability and saving costs. European cars look nice but I would never buy one.

Any C class Merc could not be regarded as luxury..unless compared to a Lada.

............................... Hmmmmmmmm? gotta say it Truly is possible to own a Fast Economical LUXURY vehicle where Low Maintenance is next to nothing to Feed and Clothe & said Luxuary car is next to nothing. Enter the 450h+ "F" Sport!...Yep! Never buy gas but rather plug in to 120v for 49 miles per charge. (always having the option to buy gas However in this case REGULAR gas & get *89 miles per eMPG. Brakes are minimal wear because I coast & use regenerative brakes = mnimal wear on brakes.... Oil & Filter was $ 79.00 *** & Lexus dealership even filled my gas tank up Wow! Additionally I never fire the ICE except minimally to circulate fluids and then shut it down...RESULT Practically Brand New ICE under the hood. & a Very very quiet Electric vehicle around town. My car is quick 0-60 5.5 Via Road and Track... However is a bit quicker 1st 1/2 block or so, because of high torq. Insurance is Not an added cost above a say Toyota. Only service I do is wax / Polish with *** Polish Angel *** Z highest Gloss possible...Sooo, in general you are indeed correct however a LEXUS holds its Re-Sale very well, then add a LEXUS model that is rare and in very much IMO a Win win win!

Comes with bank account draining technology.

2400 a year for insurance on a sports car! You're getting a bargain. I pay 2800/ year on a perfect record on a minivan

Why an annual oil service for Mercedes compared to Toyota $100 vs $500? Do they jump up and down on one leg and charge $400 more? Same oil?

yeah sure as a luxury car ages especially one that unperformed in the market such as a Cadillac SRX it costs a lot to maintain but some are known for lasting forever if maintained properly hell there's famously a 1983 Lincoln town car with over 1.3 million miles on its odometer my dad drives a used 2011 Cadillac SRX premium Luxury 3.0 liter V6 until the later 1980s you never though of a Cadillac having a V6 engine option you generally though of a big Ol' small block 350 V8 or a big block 400 425 or 472 V8 or 500 Ci V8 depending on which car and model year you had my late maternal grandfather drove a 78 Sedan Deville when my parents started dating in 1982 and Grandma bought a used 1981 Coupe Deville in 1983 that she drove for 5 years I loved that car except getting burnt by or stuck to the leather Upholstery from late spring/early fall

You also get a luxury oil change !! Too. 10x ?

Just buy a Toyota or Honda without hybrid cvt or turbo and no all wheel drive and you will be just fine

Dude, you need to get some tips from Scottys channel. 😂

Tacka vet jag min Suzuki grand vitara 2,5 v6 4x4 1999 som jag servar själv det tar max 30min kostar 30 dollar. 2 gånger per år.

Nobody needs a luxury car. Luxury cars are wants.

If you can barely afford to buy your dream car, you most likely can't afford to maintain it.

I don't need a vehicle that goes 200mph

My 1998 Corolla laughs with the word *luxury* . I do not care for luxury. I care for investment. Despeciation is a word I am in war with for life. Now, people see me in my 1998 Corolla and laugh? I DO NOT CARE. They are the ones with vast monthly payments, not me. They are the ones having to get a second job to afford the payment, not me. I am just a simple guy that invests. A simple guy that gets paid, not pays.

Once you drive a luxury car, expect to pay luxury tax. Way more, more, more than an average car.

Can’t afford it? Don’t buy it. Really simple. By the way my E class cost about 10,000 less than a stupid RAM truck so……..

Whats luxurious about unreliably?

It’s a 💰 money 💰 pit

Never buy..only LEASE... MONEY PITS😢

People who truly can afford a luxury car don't mind the cost of the expensive maintenance. The one who complain about it are those who cannot TRULY afford it but pretending they can.

Even maintenance on Toyota is pricey now, might as well spend more and drive a Mercedes

Many of the Mercedes are NOT Luxury Cars. The small C class are garbage to compete and take away Camry and Honda Accord sales. The MB cars are built so poorly and will bankrupt those who buy them. People always want to be what they are not. They end up like a fish on a hook.

Unless you're making millions of dollars a year, the best way to go is to lease these cars

Again, I've said it before most people can't afford wants, you can afford needs

All these Rover cars are just a rob 🤣🤣🤣🤣shit cars with very hight cost

Tesla is the best.