I don't think you're seeing my complains in the right light. I fully expect AMGs to be expensive. I am extremely extremely mindful of all costs yes, but that's the very mechanism that pays for the toys in the first place no? We all have our ways to deal with this, either by not caring from day one, or in my case running projections and forecasts. I know I know boy am I fun at parties.
What I said isn't "your cars depreciate, damn you AMG", what I said is relative to the cost paid, relative to what you are getting for performance and power, I've found the AMG, ratio adjusted, to be the most expensive car to own, by a significant margin, and reached out here to understand why. That's all. In between a lot of less helpful comments, some more sensible members have given me very valuable information, thank you for that!
You have a point, get over it or stop buying AMGs, stop being a first world princess, buy new S63 AMGs and complaining they cost money. I hear you, but again the price gap between this and other fun toys was very surprising. If you got a flat half the size and twice the bills, you'd be surprised too, put it that way.
Thanks for taking the time to reply, I think your way is the right way, toys are for fun and losing money on them shouldn't come as a surprise.
Sorry, I hope I didn’t come across as a ***** or offensive and you do make some valid points and this has been a kind of interesting debate, but I just feel and this is me personally, that if we were to look at the true cost of owning a car and worried about it, we’d never bloody own one because it’s madness really.
I feel cars depreciate in common with other high end goods, especially in the technology sector, like my TV reference. What cars do, however, is provide us with a mode of transport and if you happen to own an AMG regardless of year or version, a mode of transport that obviously appeals to you.
I bought my E63 because it was time to get rid of the CLS55 after 4 years and it’s a 14 plate which cost about 80k new after options etc. I paid just under half from MB, 2 year warranty etc. 21k miles, tires brand new, brakes serviced recently etc. 1 previous owner. Not a bargain, but the right deal for me. I would have never bought it new at that cost because of the depreciation so your point about the huge depreciation is valid. Let some other person take that hit. I put a fair bit of capital in it and the rest financed. I’ll get the capital I put into it back and then sum after say 4 years of ownership. I can afford the finance, the maintaemce, and the fuel, mind I probably do 5-6k miles a year max in my own car and I do have access to other cars. So all-round it’s a winner for me.
If it starts breaking down and becomes a money pit I’ll get rid and cut my loses, but it wouldn’t deter me from buying another AMG or another high ticket kind of motoring item.
I do have what I believe is a good philosophy on life mind and that’s because I came from nothing and we were tramps when we were kids where anything other than mash or chips was a luxury so my motto is you only live once, enjoy it and don’t worry too much about money, let others do that.
And I’m a businessman who counts the pennies when it comes to how we run things. But my cars are my release, my joy, my passion, in a motoring sense that is. I mean I would never think of buying a 2018 brand new Golf GTI for say 30k or whatever they cost, I’d be thinking I Could get a great C63 for that! That said, I did buy the wife a new X-Trail 2 years back at 32k retail price and I thought bloody hell, we could get a great ML63 for that, but we liked the Nissan, got a great deal on it due to family and friends voucher and it will be a car we may well keep for 6 or 7 years and she loves it, 7 seats, amazing on fuel, lots of tech and a great all-round family car.
Even if I was a millionaire I wouldn’t buy a car new, but if I was, I would probably blow most of it on cars
Anyway happy motoring!
