Are Mercedes-Benz sales down?
Mercedes-Benz sales declined 12% in Q3 to 525,300 vehicles, primarily due to U. S. China, while Germany and other regions showed stronger performance. BMW reported third-quarter growth, with 588,300 vehicles sold, led by strong performances in Europe and the U. S. Depreciation. Due to the faster depreciation rate of luxury cars, buying a used Mercedes can be more attractive than you think. The value of a Mercedes will see the biggest hit within the first 5 years of its life, this makes the initial purchase price less of a concern if you are looking at a vehicle 5+ years old.BMW is consistently strong in resale value because of its enduring desirability, balance of performance and luxury, and reputation among both new and pre-owned buyers. Audi and Mercedes-Benz produce excellent vehicles, but BMW models are often more sought after on the used market, which helps protect your investment.If you value comfort, Mercedes is a top pick in the luxury car scene. But if you’re looking for a thrilling driving experience, BMW is the way to go. BMWs also have better reliability and safety. Hopefully, that information about BMW and Mercedes was helpful!
Which Mercedes has the highest resale value?
The Mercedes-Benz G-Class has the best resale value among Mercedes-Benz models, which retains 60. Following the G-Class is the Mercedes-Benz AMG GT (coupe) with 59. The luxury car market saturation heavily influences Mercedes vehicles’ depreciation. Numerous similar high-end models compete intensely, making it harder for any single vehicle to stand out in resale value. Additionally, higher maintenance and repair costs deter potential buyers, dampening demand on resale markets.Therefore, Mercedes-Benz’s luxury positioning and its costly long-term maintenance fees are parts of its weaknesses in attracting a larger group of consumers in the EV market. Mercedes-Benz underwent several large-scale recalls in its history due to emission scandals and fire risks in its EV model EQS and EQC.