True, esp. MBZ AMG's...I mean, look at an AMG's sticker price and then what a 2 y/o one sells for. The only explanation I can come up with for the precipitous decline in value is that AMG's are ridiculously, absurdly overpriced vehicles at MSRP.
Originally Posted by mryakanisachoad
buying these things new just doesn't make sense.
My last car was an '09 E63 that had a window of $108k. It was an untitled dealer car that I leased when it was 6mos. old(w 5,xxx miles) for a cap cost of $71.5k(with 0 down). Now that's a crazy drop in 6mos! When I finished the lease, it appeared as though similar cars had asking prices BELOW the MBZFS residual. Imagine the poor sucker that BOUGHT a similar car for what, $102k?!
BMW's seem to do better, IMO...
I had 2 E46 M3's, both leased on ED. They were good-great cars for the money($775 & $825/mo respectively)Both vehicles were worth more than their residual at lease end, so I actually sold the last one and got a few grand.
ED#1 '04 M3 Silver-Gray/Black ED'ed 5/04... Munich/Como/Modena/Monaco/Rapallo/Munich
ED#2 '05 M3 Comp. Pkg. Silver-Gray/Black ED'ed 9/05...Munich/F1 Ital. GP/Lugano/Lucerne/F1 Spa-Cologne
ED#3. '14 535i MSport-Carbon/Ivory ED'ed 10/13...Munich, Reutte, Como, Luzern, Zurich