Re: New Mercedes What Are the Costs


"T.G. Lambach" <tlambach@xxxxxxxxxxx> wrote in message
news:VIGdnQsD5P_IJNzeRVn-tQ@xxxxxxxxxxxxxx
>
> If you want a M-B for such modest use, a M-B dealer sold Certified Pre
> owned car which has a warranty that can be extended may be something to
> consider as the very heavy depreciation has already been taken - by
> someone else - and its starting mileage isn't all that important given
> the relatively modest miles that you'll add to the car.

I bought our E320, when it had done 48k KM and when it had about 1/2 yr of
original warranty left. I extended that for 3 years at cost of about C$2200.
Car was bought privately, but transacted through an MB dealer, so as to get
warranty.

The car cost me C$44,000 including the warranty plus taxes for a total of
about $47,000. The car has now done about 88,000 km - so we have put on 40k
km (25k miles), or about 5500 miles per year. Market value would now be
about C$18,000 for a private sale, but perhaps $15,000 for trade. Lets say a
loss of C$30k or US$26k. - Over $1.00 per mile!

The problem here, is that we don't drive the car enough!

Regarding other costs - We had some small things fixed under the warranty -
an idler bearing and a small problem with the gear shift plus some rust
repairs! Since then, we have had a problem with the Mass air flowmeter. I
was able to fix this myself, but it could have cost $1000 plus at MB
service. Tires were new when we got car so will last a while yet. Had to buy
a new battery.

The new MB,s are complex. They are unlikely to last 15 years without some
expensive problems. If I bought one, I would buy the extended warranty just
before the 4 yr warranty expires. That will give 6-7 years of coverage for
most items. We are beyond that point now but because the car runs and looks
like new, we have not thought about replacing it. Hopefully any repairs will
be less expensive than buying another car, which would probably be a new VW
diesel ;)

BTW, our other two MB,s are an '85 and a '72 - both in great shape still!

GBM


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