Where does Mercedes rank in the world?
By unit sales, the Mercedes-Benz Group is the tenth-largest car manufacturer in the world; shipping two million passenger vehicles in 2021 and by revenue the seventh-largest car manufacturer worldwide in 2023. Mercedes-Benz is owned by Daimler AG, a German auto group with a reputation for building and backing some of the most luxurious vehicles manufactured today. Of course, now that you’ve seen who owns Mercedes-Benz, you’re bound to have more questions on your mind!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.Final Verdict. If you prioritise a dynamic driving experience, performance and a sporty image, BMW is the way to go. The brand’s M-Performance models offer exhilarating performance and cutting-edge technology. If you value luxury, comfort and a refined driving experience, Mercedes-Benz is the better choice.Although both brands are successful in their own right, their public priorities are different. As the ultimate driving machine, BMW is known for providing an unmatched performance-focused experience, while Mercedes-Benz is praised for its classic luxury, outstanding comfort, and understated grace.
Why does Mercedes have such low resale value?
Luxury cars such as Mercedes-Benz are in a class of their own, but they still depreciate. In many cases, luxury cars depreciate even faster than mainstream vehicles. This steep depreciation is because of their higher price tags and high-tech features. High price, exclusive technology, costly maintenance, and a limited buyer market all play significant roles in the fast depreciation of luxury cars. Take the S-Class, for example—this car wasn’t designed for everyday buyers; it’s aimed at businesses and high-net-worth individuals.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.Historically, both brands maintain strong resale values, but Mercedes-Benz tends to edge out BMW slightly in this regard. As you weigh your options, consider how these factors align with your budget and long-term ownership plans.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.