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Mercedes: Are They An Investment?
Author : Brian Cornton
Submitted : 2012-02-16 03:41:14 Word Count : 367 Popularity: Not Rated
Tags: cars, investment
It's not really worth investing in shares for many people at the moment, but is it worth investing in cars? Mercedes certainly seems like a likely option to retain or build on value, as they're a world-respected, luxury manufacturer, but that doesn't necessarily translate into instant profit. Having said that there are ways in which you could view it as an investment. Here are some of your options.
However, you probably shouldn't go looking for profits on the latest range of cars. There isn't anything wrong with them of course, but like most cars there's a big void between the brand new price of a vehicle and what you'll get for it when it comes to selling it on. Second hand is the way to go if you want to make an investment in this way. Mercedes have a big collectors following, and if you can take care of a bargain Mercedes for a short while and sell it on you're likely to find a profit.
Of course investment isn't all about making money on the sale. It can be about not having to spend too much on the car while you own it, and enjoying the ride, so to speak. You'll certainly get that with most showroom Mercedes at the moment. They are a wonderful range to own and drive, and with the new super-efficient models on offer you're likely to find yourself saving petrol money too, which is good for everyone really.
There is a fair chance that if you hold onto a Mercedes for long enough it will achieve classic status, and that's another way in which they can prove to be good retainers of value. Take the 230SL for example. The sixties range of this motor can still clock up over 20,000 at auction. You might be surprised that even seventies and eighties models, which were the height of un-cool in the nineties, are now fetching figures approaching 10,000.
So there are quite a few good reasons to think about buying a Mercedes as an investment. Just make sure you buy from a trusted dealer to get the best deal.
Author's Resource Box
Great deals to be found on Mercedes spare parts UK at Dronsfields Mercedes.
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