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. BMW generally has better reliability scores compared to Mercedes-Benz, with models like the X3, X1, 2-Series, and 7-Series scoring between 85 and 86 out of 100. On average, BMW’s reliability score is around 82.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!
Is Mercedes losing market share?
Mercedes-Benz Group AG is experiencing a downturn in China, its largest market, with sales declining by 10% in the first quarter of 2025 due to intense competition and price wars. The year 2024 has been a difficult year for Mercedes-Benz. Between the slowdown in demand for electric vehicles, the stagnation of the Chinese market, the crisis in the luxury sector and the difficulties of the German industry as a whole, the car manufacturer is showing a sharp decline in annual results.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.