We've all heard that cars lose a massive amount of their value the minute a consumer drives them off of the dealership lot, and in some cases that can absolutely be true. Some vehicles (none under the Mercedes-Benz nameplate, thankfully) can depreciate in value by as much as 36% in the first year alone, while the industry average for depreciation in the first year is 17%.
Cars are pieces of machinery, and as such they wear down over time. That, combined with the fact that newer, more up-to-date models are produced by the millions every year and it's no wonder that most cars don't turn a profit the way that, say, houses do.
The good news for fans of Mercedes-Benz in Lakeland, however, is that there are some models that simply do not depreciate anywhere near as quickly as the industry average, let alone at the pace of some of those really depreciative vehicles that drop over a third of their value in the first 12 months.
Take, for example, the 2015 Mercedes-Benz G-Class SUV, which according to iSeeCars.com loses only 8% of its value in the first year. That's a small enough loss where a consumer could sell it a year later and reinvest in something brand new without losing out on much in terms of money.
The G-Class is a unique vehicle that can taking a licking and keep on ticking, but we like to think that all Mercedes-Benz vehicles do well when sold or traded in. They are, after all, amazing luxury vehicles. It's no wonder they depreciate more slowly than others.
Categories:
News
AdChoices