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To: keepitreal
Maybe this explains why when I was recently shopping for a used Corvette (which I bought!), I noticed used Mercedes were going for what I considered dirt cheap!

I was somewhat surprised to see them depreciating so badly! I mean 2002 S series selling for under $16K?

18 posted on 05/14/2007 11:41:36 AM PDT by KenHorse
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To: KenHorse

“I was somewhat surprised to see them depreciating so badly! I mean 2002 S series selling for under $16K?”

I’ve noticed the same thing with a number of expensive cars. Many Jaguars also seem to bleed resale value like crazy. Makes me think of buying one for my next car instead of the oh-so-sensible choice of a Honda or Toyota. You have to think, though, that those cars are so cheap for a reason. I suspect that you might find that the maintenance and servicing costs on them are very high.


33 posted on 05/14/2007 11:57:55 AM PDT by -YYZ-
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