The first reason why luxury cars depreciate faster than normal cars is due to the fact that they are more expensive to begin with – and a lot of this additional expense is due to the “intangibles” that come with luxury vehicles (i.e. the prestige associated with owning a car from a brand like BMW, Audi or Mercedes-Benz
How quickly do BMW depreciate?
Depreciation varies by car model, make, upkeep and other factors, but new car depreciation can generally be as much as 20% (or even more) in the first year and reach around 40% after five years.
“Everyone – both young and old – loves a Mercedes-Benz. Mercedes-Benz vehicles have long held their value, and I strongly believe that they always will.
BMW vs Mercedes-Benz vs Audi – here’s which has the best resale value in South Africa.
Ranking
Vehicle
Percentage
1
Mercedes-Benz
70.10%
2
Audi
62.49%
3
BMW
58.65%
How well do BMWs hold their value? – Related Questions
Which luxury car holds its value best?
Luxury Brands with the Best Resale Value
Rank
Brand
5 Year Resale Value
1
Tesla
68.72%
2
Lexus
66.53%
3
Acura
65.74%
4
Porsche
62.65%
Which BMW has the highest resale value?
The BMW 2 Series holds its value even better, with the most accurate BMW resale value estimates expecting it to retain around 49% of its total value after five years.
Do Mercedes depreciate more than BMW?
That’s because it has the dubious distinction of being the first vehicle to break the 70% depreciation barrier after five years of ownership. BMW Series 7 depreciate even faster than their Mercedes Benz rivals, which is terrible news for anyone that bought them new and great news for anyone buying them used.
Which Mercedes holds its value best?
Mercedes-Benz and its many luxury cars and sedans are likely to retain 47.2 percent of initial vehicle values. MotorTrend reports that the AMG GT four-door coupes, the Maybach GLS luxury SUV, and the S-Class are the most prone to depreciation. However, the C63 AMG and E63 AMG Wagon are among the most steady.
What is better Mercedes-Benz or BMW?
While the Mercedes-Benz CLS-Class is one of the highest performing large luxury sedans on the road today, the overall winner when it comes to luxury performance is BMW. Any consumer looking for style and performance in the same convenient package should choose a vehicle produced by BMW.
Many experienced owners and mechanics will tell you to stay far away from used BMWs, especially ones from the last 20 years, or so. They are simply not worth the money you will no doubt have to pour into them. They break easily, the parts are expensive, and the labor costs are astronomical.
Do Audi hold their value?
Audi – 45.7 Percent Retained Value (after five years)
In general, Audi’s larger sedans are expected to retain less of their original value after five years than the brand’s SUVs, small cars, and performance cars.
Why do Audi lose value?
The reason why technology causes Audis to depreciate is because they use so much of it. Today, luxury cars are packed with power options, screens, software infotainment systems, and all kinds of cross-device integration.
Is Audi better than BMW?
BMW often edges out Audi in handling, with their cars designed to offer the “ultimate driving experience.” Audi cars are slightly less agile than BMW because their overall stiffer suspension systems maximize a smooth, comfortable ride. For reliability, BMW consistently ranks higher.
Which car does not depreciate?
Vehicles That Depreciate the Least
Top 10 Vehicles With the Lowest Depreciation – iSeeCars Study
Rank
Model
Avg $ Difference from MSRP
1
Jeep Wrangler
$2,796
2
Jeep Wrangler Unlimited
$3,810
3
Porsche 911
$20,710
Who sells more cars Audi or BMW?
BMW is back on top as it beat Mercedes-Benz and Audi in annual global sales in 2021.
According to YouGov, BMW drivers are most commonly male, aged 40-59, and live in East Anglia. They’re likely to hold right wing political views and work in the business, finance or consulting sectors.
Which is cheaper to maintain Audi or BMW?
If you change your car fairly regularly then you most likely will not be paying over the odds to maintain your Audi as routine work does not differ in price by much. Audi are in fact cheapest for steering and suspension work and electrical and batteries.
Why is BMW so popular?
Quality and reliability are also strong points behind BMW success today. They believe in excellence in everything they do: service, product quality, customer relationships, product and brand recognition. Another reason for their success is their independence in the business world.
Is buying a BMW worth it?
BMWs are worth the money because they’re high-performance luxury cars that offer great interiors, a refined ride, high levels of comfort and some of the best tech features on the market. BMW is synonymous with high status and their vehicles deliver a driving experience that’s difficult to match.