High End Luxury Cars

24723 messages,  Last post on Jan 28, 2013 at 6:55 PM

You are in the Sedans Forum.

What is this discussion about? Audi A8, BMW 7 Series, Jaguar XJ-Series, Lexus LS 460, Mercedes-Benz S-Class, Volkswagen Phaeton, Maserati Quattroporte, Mercedes-Benz CL-Class, Sedan



Let's try to define this forum as being limited to luxury performance vehicles where the mainstream version in a typical configuration has an MSRP of at least $60k.

A luxury vehicle with a base price of $59k qualifies because it would typically be bought with some additional equipment, bringing the MSRP over $60k.

Vehicles like the E, 5, A6, M, or GS, even if available in certain versions over $60k, don't qualify because they are cars from companies that have higher end cars in their lineups.


#18637 of 24723 Re: Edmunds True Cost To Own [blkhemi] by houdini1

Sep 03, 2006 (7:56 pm)

Replying to: blkhemi (Sep 03, 2006 6:40 pm)
Hmmm...sorry, but you had better check your math on retained values. Edmunds does not have the 2007 LS listed but you can compare the 2006 LS VS. the 2006 S 600.
 
According to Edmunds the 06 LS cost $61,918. and at the end of 5 years it will be worth $28,295. A 46% retained value.
 
Also according to Edmunds the 06 S 600 cost $148,170. and at the end of 5 years it will be worth $54,257. A 37% retained value.
 
Where did you get the 91% figure? A Mercedes salesman?

#18638 of 24723 Re: Edmunds True Cost To Own [houdini1] by dewey

Sep 03, 2006 (9:34 pm)

Replying to: houdini1 (Sep 03, 2006 7:56 pm)
Also according to Edmunds the 06 S 600 cost $148,170. and at the end of 5 years it will be worth $54,257. A 37% retained value.
 
What a lot of pie in the sky bunk. So Edmunds is an authority in telling you with 20/20 vision what the retained value of a car will be in 5 years? I dont think so! In fact no person or organization can make such a prediction (except Nostradamus but he died several centuries ago)
 
Overall Benzes have strong resale values according to businesses like ALG/Bluebook that just happen to be in the business of estimating retained values and are renowned to be the most credible sources in North America for retained values.
 
And let us not forget the car company that achieves highest retained values year after year (the name of the company is not Lexus but BMW). And no I did not receive this information from my BMW salesman
 

#18639 of 24723 Re: MB/DCX platform sharing!?!? [nvbanker] by tagman

Sep 04, 2006 (12:20 am)

Replying to: nvbanker (Sep 03, 2006 4:37 pm)
"but more than a few curious onlookers initially mistook the new Lexus for a BMW.""
  
Isn't that the objective?

 
Thank you nvbanker. Yes, it is. Simply more evidence that Lexus will impact BMW, and more importantly, consider that it is deliberate.
 
TagMan

#18640 of 24723 Re: MB/DCX platform sharing!?!? [tagman] by dewey

Sep 04, 2006 (5:04 am)

Replying to: tagman (Sep 04, 2006 12:20 am)
Thank you nvbanker. Yes, it is. Simply more evidence that Lexus will impact BMW, and more importantly, consider that it is deliberate.
 
Tagman,
 
in what way will it impact BMW? Positively or negatively?
Many reviewers writing about the LS express disappointment about the softer ride of an LS compared to a 7 series.
 
The LS will have as much impact on 7 series sales as it had in the past (in otherwords NIL). Or even a better example a LS will impact 7 series sales as much as Lexus GS sales impacted BMW 5 series sales( NIL again).
 
If there will be an impact then it will be based on BMW having one of the oldest models among the competition. Obviously the BMW 7 series will show sales declines in upcoming years due to its aging (similar to what the LS model experienced these past few years). The 7 Series does look real old when compared to its main competitor the MB S Class. But that is what aging is all about for any model.

#18641 of 24723 Re: Edmunds True Cost To Own [dewey] by houdini1

Sep 04, 2006 (5:43 am)

Replying to: dewey (Sep 03, 2006 9:34 pm)
Wrong again. Edmunds TCO shows a 2006 7 series sells for $86,262, and after 5 years is worth $47,472. Retained value about 45%. Slightly less than the LS.
 
Don't shoot the messenger, your argument is with Edmunds.

#18642 of 24723 Re: Edmunds True Cost To Own [houdini1] by blkhemi

Sep 04, 2006 (6:11 am)

Replying to: houdini1 (Sep 04, 2006 5:43 am)
So if Edmunds told you that the '07 LS is still the same boring piece of transport it always has been with some new tricks altho same soggy suspension, then I take you'll believe that too?? I didn't think so.
 
The M-B S-Class sets the tone in this class for retaining value. Anyone who knows anything about cars and value can tell you this. A 2000 S500, with all of it's supposed inherit troubles, still fetches north of 30k, a 7 year old lemon. That same ole reliable 2000 LS does lucky to break 20k. These are solid facts, not mere speculation from a 3rd party that really does not specialize in how a car receives or retains value.
 
And this time, please don't rely on the "what about Audi/VW" kick as it is as old as the promise Lexus makes about making the LS more of a performance model like it's European comp.
 
We're still waiting....... Another 6 years to go.

#18643 of 24723 Re: Edmunds True Cost To Own [blkhemi] by houdini1

Sep 04, 2006 (7:04 am)

Replying to: blkhemi (Sep 04, 2006 6:11 am)
Well, if you want to use Kelly Blue Book, it shows a 2001 LS retains 51% of its value in 2006, and a 2001 S 500 retains 46%. Thanks for making my point for me. Oh, and don't be so sensitive about the rabbit/A3.

#18644 of 24723 Re: Edmunds True Cost To Own [houdini1] by blkhemi

Sep 04, 2006 (7:13 am)

Replying to: houdini1 (Sep 04, 2006 7:04 am)
Not quite as sensitive as driving a Lexus Camry350.
 
Moreover on the Blue Book. Again, how could you come up with this summation? Since blemishes, mechanical, and mileage issues can't be ascertained, how is it in fact that you can be so sure that a car retains this much value, especially from KBB which first and for most is the king of judging what a car is worth based on condition?
 
This my car has more value than yours does game has about as much weight as a paperweight. Very baseless. Again, anybody can tell you that MB's hold value better than any car in it's class, yes even your favorite CR. Next topic pleae, with more credablitity.

#18646 of 24723 Re: Edmunds True Cost To Own [houdini1] by dewey

Sep 04, 2006 (7:37 am)

Replying to: houdini1 (Sep 04, 2006 5:43 am)
Don't shoot the messenger, your argument is with Edmunds
 
I never ever shoot messengers because of the legal consequences involved.
 
All estimates are prone to sampling errors and the only way you can reduce that sampling error is by increasing the size of that sample.
 
A brand statistic is a bigger sample than a model statistic. In that case overall brand retained value estimates (BMW is number One) are far more valid than individual retained value estimates (LS or 7 Series).
 
Also the resale value estimates of an individual model like the Camry or a Civic are far more valid due to their larger sample sizes than estimates for retained value of S Class/7 Series models
.
 
The LS being slightly better or worse than the 7 series means absolutely nothing when the sampling error of such an estimate is more than slight.
 
In other words your argument is based on statistically insignificant data.
 
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