2006 Benz S65 AMG Falls From Grace To Grass; Sold For 2% Of Original Price
2006 Benz S65 AMG Falls From Grace To Grass; Sold For 2% Of Original Price
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.
[ads4]
If you have excess data and some time to spare, you can watch the video:
{{comment.anon_name ?? comment.full_name}}
{{timeAgo(comment.date_added)}}
{{comment.body}}
{{subComment.anon_name ?? subComment.full_name}}
{{timeAgo(subComment.date_added)}}
{{subComment.body}}