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Friday, 24 April 2015

Cars & Transportation: Buying & Selling: “Question: Used S class Mercedes vs. new cheaper car? Why are they so cheap?” plus 5 more

Cars & Transportation: Buying & Selling: “Question: Used S class Mercedes vs. new cheaper car? Why are they so cheap?” plus 5 more


Question: Used S class Mercedes vs. new cheaper car? Why are they so cheap?

Posted: 24 Apr 2015 08:41 PM PDT

The S-Class isn't a Ferrari or some other exotic supercar. It is an expensive monster of a car that depreciates tens of thousands of dollars per year until it falls into the $10,000 range. Most people making huge amounts of money aren't going to buy a used luxury car; most also aren't going to keep one for longer than five years. This is great because dealers have to move the cars on to their second owners; you can buy one of the most respected names in luxury for the price of a dolled up Honda Accord.

As far as maintenance goes, remember that a car that was once over $100,000 will have a number of expensive components and regular services are expensive. this is true when new as well as once the car has depreciated down to a $5000 car. This is the reality of owning a high end car; you can save a small fortune by learning how to do basic maintenance tasks.

Question: I am looking for a highly reliable compact car with good mpg. With a budget around $10,000, where should I start looking?

Posted: 24 Apr 2015 08:29 PM PDT

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