Everyone knows that a Mercedes S Class is an expensive car to own. That's partly why they depreciate so quickly. Well, this car more than lived up to that reputation, proving to be far and away the most expensive car to own of those I've discussed on this blog (compare 2018 Mazda Miata , 2010 Honda Fit , 2002 Porsche 911 Turbo , 1965 Chevy Corvette ). Deep breath. Total one-year cost of ownership = $27,853. Holy smokes. $2,321/month. I could have (maybe should have) leased a new one for that (although the shortest leases are 24 months, so I'd have ended up spending a lot more total). The inflated pandemic used car market certainly accounts for a bunch of this. Yes, I knew it was a bad time to buy, and yes I overpaid to get the car I wanted , but I didn't count on another $10k of depreciation in one year. The problem with selling an S550 is the plethora of cheap, minimally optioned cars out there. If you want to get above those prices, you need to find someone who valu...
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