When asked about car depreciation, this 2006 Mercedes-Benz S65 AMG is a perfect example.

The first owner of the Mercedes-Benz S65 AMG bought it at N74m ($200,000), but after about ten years, he sold it at a funny price of N1.4m ($3,750).

The car has an impressively twin-turbo V12 engine which runs smoothly with 150,000 miles on it. The buyer will need to fix just a few electrical issues which includes faulty windows and a bad radio.

Which would you prefer.. to buy this car, brand new for N74m or buy it after 10 years for N1.4m?

Tell us in the comment section.

If you have excess data and some time to spare, you can watch the video:

https://autojosh.com/2006-mercedes-benz-s65-amg-grace-grass-video/

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https://www.youtube.com/watch?v=N2vO306Vh1w

Its still benz too and sharp also. All this slay mama's will just be smiling anyhow if u stop near them.

V12 TWIN Turbo @ 20L per 100km, ikorodu to Ajah and back with AC that's around 5k fuel everyday in a week 5 X 5 = 25k, in a month 4weeks X 25k = 100k fuel in a year 1.2million I will pass KIA PICANTO on mah mind

Ok

he is stupid

wey am make I buy

When it comes to luxury, Audi, Lexus, Porsche and Land Rover tend to hold their values more than Benz, BMW and Jaguar

That is what you get when you use bad money to buy things ask were he got d $200k at first

You sure ay the car no get issues?

eiyah Ndo

#Autojush how do u make ur money ?

See opportunity

After ten years for now. I can not come and go and throw my hard earned Currency up in the air.

Blood Money Effect

Anything second hand is a no no for me.

nurey:
V12 TWIN Turbo @ 20L per 100km, ikorodu to Ajah and back with AC that's around 5k fuel everyday in a week 5 X 5 = 25k, in a month 4weeks X 25k = 100k fuel in a year 1.2million I will pass KIA PICANTO on mah mind

na economics you study ni?

Lesson. Nothing lasts for forever. All is vanity.

All these flashy stuffs are just overhyped to snatch your money from you. Phones are even more guilty of this. Just propose a new product, promote it and get people curious and finally drop it, more like a bait. That's why I, personally, never queue for things on the launch date.

#TeamLetTheDustSettle

. even wit d 2% is still too expensive,I no get d money

I'm i the only one that finds the Op's thread boring these days.

Lol

Abeg anybody wey buy am, make im remember to call me so me go install Tracker for am.
08092601833.
I dey do SpeedLimiters too.
Security dey important well well,

My issues with benz... they depreciate a lot faster..

A 2006 corolla still sell higher and very presentable, we still drive 2007 spider and even celebrate after purchase. But when you drive a 2007 benz among the league of benz, people begin to ask you if all is well..

joseo:

na economics you study ni?

I was an A student in economics in my secondary school

Ok o

nurey:
V12 TWIN Turbo @ 20L per 100km, ikorodu to Ajah and back with AC that's around 5k fuel everyday in a week 5 X 5 = 25k, in a month 4weeks X 25k = 100k fuel in a year 1.2million I will pass KIA PICANTO on mah mind

Cars like this are good as a status car. Not for everyday junketting.

Esseite:

when you drive a 2007 benz, people begin to ask you if all is well..

Have you ever owned a benz?

Okoyiboz3:


Have you ever owned a benz?

Among the league of benz

Okoyiboz3:


Have you ever owned a benz?

Among the league of benz...

Esseite:


Among the league of benz...

Which 2007 Benz model would you drive and people ask if all is well?