Which is better, a BMW or Mercedes?
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! Deciding between Mercedes-Benz and Toyota depends on your priorities. Mercedes offers luxury and advanced tech at a higher cost. Toyota provides reliability and value for money. Your choice should align with your budget and what you value in a vehicle.Audi is a better automaker for those who want to save some money without compromising on features, safety or performance. Audi is highly competitive in the luxury small car and luxury electric SUV classes. Mercedes sets the bar high when it comes to interior luxury.Cons: Owning a Mercedes-Benz Luxury comes at a price, and Mercedes-Benz vehicles are generally more expensive than their mainstream counterparts. The initial purchase cost can be significantly higher, and maintenance and repair costs can also be steep.While some older models were considered “high-mileage” at 100,000 miles, modern Mercedes-Benz vehicles are built to be durable, with many models capable of lasting well into the hundreds of thousands of miles with proper care. The key is understanding what to expect and what to prioritize in terms of service.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.
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.A 2019 Mercedes-Benz E-Class E 300 Sedan 4D has depreciated $13,063 or 40% in the last 3 years and has a current resale value of $19,213 and trade-in value of $14,375.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.The Mercedes-Benz E-Class has long been the brand’s benchmark for luxury sedans, and the W212 (2010-2016) and W213 (2016-2020) generations are no exception. Renowned for their engineering and refinement, these models offer outstanding reliability.
Is Mercedes losing market share?
The annual results published this Thursday morning reveal a sharp decline for Mercedes-Benz in 2024, impacted by the drop in sales of electric vehicles, the stagnation of the Chinese market and the turbulence in the European automotive industry. Oct 7 (Reuters) – Mercedes-Benz (MBGn. DE) , opens new tab reported declining sales for the third quarter on Tuesday, as U. S. China dented the German luxury carmaker’s deliveries.