What is the most expensive Mercedes-Benz sold at auction?
The most expensive car in the world was recently spotted driving on the streets of Monaco. The Mercedes-Benz 300SLR (a. Uhlenhaut coupe) is one of only two ever made, and one sold at auction in 2022 for $143 million. The current record for world’s most expensive Ferrari was set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold to David MacNeil in a private sale for $70 million.
Why do Mercedes lose value so quickly?
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. 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.Identifying the “Sweet Spot” The optimum age range for purchasing a used car is commonly recognized as falling between 2 to 5 years old. Within this timeframe, a car has traversed the steepest part of its depreciation curve while still maintaining relatively new and well-maintained conditions.