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the same residual value percentage as the iconic Mercedes S Class, one of the finest premium sedans in the world They make this sound good, but it's no

• MrFoof 14y ago
  Being a car nut, I thought the exact same thing. "The same residual value percentage as the iconic Mercedes S Class, one of the finest premium sedans in the world" initially hit me as an inside joke, considering how easy it is to buy a 12-cylinder Merecedes-Benz (CL, SL, or S) for $20K after about 6-years, on account on their absolutely brutal repair costs. The 8-cylinder S-class resale tends to tank, on how often they're leased and tend to flood the market after 3 to 4 years. Lamborghini, Aston Martin, and Maserati fall into the same bucket on the sporty/sports GT car side of the fence. If you want great resale value, you buy a Lexus ES -- on account of everyone wants a quiet, boring, comfortable, reliable (parts-bin to a large extent) mid-size sedan that they too can afford to repair, insure and keep running.
  • niggler 14y ago
    Maserati is by far the worst. The common joke is that most bankers get a new one every bonus cycle.
    • nwzpaperman 14y ago
      Dealers only sell new autos to capture the service business, trade-in inventory and manufacturer floor plan financing. In the case of Maserati, servicing costs are inline with Ferrari making it a service cash cow!
      • niggler 14y ago
        "servicing costs are inline with Ferrari making it a service cash cow!" Incidentally, Maserati used to be owned by Ferrari, although now I think it is owned by Fiat
        • MrFoof 14y ago
          Technically this is one of the same. In 1993, Fiat acquired Maserati from De Tomaso, but a 50% stake was sold to Ferrari in 1997 -- however, at the time, Ferrari had already been under Fiat's umbrella as a sister brand (since 1969).
• aero142 14y ago
  Yeah, the depreciation is higher but comparing it to a Mercedes S seems perfectly fair to me. The Tesla is not competing with the Corolla.
• crapshoot101 14y ago
  This. A 1000x this. Musk has a laudable goal, but this is consumer marketing 101 - they're not guaranteeing the value equivalent to that, but the same price degradation curve as a luxury good. That's not a favor, that's a negative.
  • Evbn 14y ago
    They are matching their class of competition (luxury cars) not enticing people to upgrade from Volt.
    • fnordfnordfnord 14y ago
      You're not paying attention, he's pointing out that S-Class resale is crap. Compare it to a Lexus if it makes you feel better. The point probably won't be missed by S-Class owners (first owners) who are arguably more likely to buy a Tesla S than you or I.
  • Evbn 14y ago
    They are matching their class of competition (luxury cars) not enticing people to upgrade from Volt.