Is Mercedes undervalued?
On our fair value checks, Mercedes-Benz Group scores 5 out of 6, suggesting it could be undervalued. We are going to explore how different valuation approaches view the company, but keep an eye out for an even smarter perspective on value at the end of this article. Mercedes can absolutely hold value better than BMW when you look at the right vehicles. The G-Class is the clearest example among SUVs, and several Mercedes coupes also perform exceptionally well after five years.
Is Mercedes better than BMW?
Mercedes-benz vs bmw: comparing engine power and handling both brands offer advanced suspension systems that enhance ride comfort and stability. Mercedes-benz tends to prioritize a plush driving experience, while bmw focuses on delivering a sportier feel. Mercedes-benz personality types if you’re a mercedes-benz driver, you’re statistically inclined to be both more adventurous and show better leadership qualities than drivers of rival brands. Mercedes drivers did rank themselves well in the knowledgeable category, too.
Is it worth buying a 7 year old Mercedes?
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. 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.High Purchase and Maintenance Costs The initial purchase cost can be significantly higher, and maintenance and repair costs can also be steep. It’s important to consider the long-term financial commitment associated with owning a Mercedes-Benz.