Mercedes: Worse depreciation than domestic!

[AlphaMicra]

Think you should be impressed by someone because there's a Mercedes in their driveway? Think again. Your Micra may very well be worth more in a few years.

http://jalopnik.com/5982789/the-most...past-ten-years

http://www.investopedia.com/financia...-the-most.aspx

http://www.autoblog.com/2008/03/06/n...-depreciation/



So yeah, that loudmouth bragging about the Mercedes in his parent's driveway? They probably bought it used at a significant depreciation rate. Be proud of your Micra. It was inexpensive to buy, and it will hold its value.

[AlphaMicra]

More advice from this real life mechanic:

[en3rg1e]

Same goes for bmw, my friend had a 325i and was just idle in a parking lot when poof! The rad blew up and so did 1300$ from his wallet...lol