dannadikeh:
Benz anyday anytime, dis is always a status car,its never in de class of OVER HYPED TOYOTA. Just imagine placing BENZ E CLASS 2007 model side by side with TOYOTA CAMRY 2007 model AKA MUSCLE. Only a blind and classless man would go for de Toyota. Benz all de way. Thumbs up for team Benz!

You are very correct with your analogy, however compare the price of the same Benz and Camry of 2007, muscle will kill that Benz.

I love Benz, but prefers a Toyota.

The young man is right in a way _ don't German cars kinda have low resale value in Nigeria due to perception (our love for Japanese cars)? He might have exaggerated a bit though.

nurey:

Tell it to those who drive LX570/land cruisers, Ranger Rovers and G-wagon they all have identical fuel usage. It's when they are buying fuel before you that will annoy you, 100L and tank never full

100L? That's a lot. Mine is 64.7L and I thought it's much.

dacovajnr:
Come and be in Charge of my family properties!!

My services ain't cheap, draft out agreement clause let's begin

transient123:


20l per 100km for a V12 car? I doubt that, even a V6 3.5L engine will consume that same amount if not a little more, with no traffic.

Mind you 20litre translate to 2.900naira thereabout.

Then such V6 is a faulty car, any V6 utilizing more than 15L/100km in Lagos traffic has a faulty engine and is not been maintained very well even a landcruiser Prado with V6 engine shouldn't exceed that.

Unreasonable analysis there. How much was 200000$ Ten years ago and how much is it it now ? How much?

PaperLace:
The young man is right in a way _ don't German cars kinda have low resale value in Nigeria due to perception (our love for Japanese cars)? He might have exaggerated a bit though.



100L? That's a lot. Mine is 64.7L and I thought it's much.

The bigger the car, the bigger it's fuel tank to accommodate the poor fuel economy. My Nissan Almera then with 1.5L engine was around 45L tops for full tank. But my aunts Lincoln Navigator will consume around 10k (140/L) worth for full tank from half mark.

Those luxurious interstate buses have more than 150L fuel tank volume.

Okoyiboz3:


Which 2007 Benz model would you drive and people ask if all is well?

I still drive my Benz 190 but considering how neat it is with it's A. C, Slay queens still feel like they are in heaven whenever i offer them a ride

You are on point.

nrexzy:
You don't know cars. ...

Car is faulty, engine might not be Good. Even a c350 wouldn't be sold at that rate

autojosh:
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.

If you have excess data and some time to spare, you can watch the video:

https://autojosh.com/2006-mercedes-benz-s65-amg-grace-grass-video/

Lalasticlala
Mynd44
Ishilove
Marpol
Semid4lyfe
Obinoscopy
Seun

Petrol is 145/litre.

nurey:
V12 TWIN Turbo @ 20L per 100km, ikorodu to Ajah and back with AC that's around 5k fuel everyday in a week 5 X 5 = 25k, in a month 4weeks X 25k = 100k fuel in a year 1.2million I will pass KIA PICANTO on mah mind

Bro, I love this! This is how a man should think sharperly! Do a cost benefit analysis sharp sharp before buying anything. Financially, you should really be stable.

Foolish man!
Buy up assets instead of liabilities dem no go hear.
even if he had the money why didn't he sell off after like two-three years when price was fast depreciating.

If he had invested 70m at 12% in 10yrs, while he used the remaining 4million to get a brand new Toyota 2007 Camry, he would have tripled his money by now and still own a 2007 camry that would sell for over a million . Infact he would be able to purchase two brand new 2017 Benz's. even if its sold 90m each
Once again I say, what a foolish man!

joseo:


na economics you study ni?

Fuel consumption is the most important factor in buying a car

nurey:
V12 TWIN Turbo @ 20L per 100km, ikorodu to Ajah and back with AC that's around 5k fuel everyday in a week 5 X 5 = 25k, in a month 4weeks X 25k = 100k fuel in a year 1.2million I will pass KIA PICANTO on mah mind

these is absolutely a wrong calculation I have a Honda passport which I use to run through Abule egba and Ajah in a week I use fuel of 10,000 naira why in my cousins s65 amg v12 bi-turbo I use a fuel of 10,500 naira Abeg my people don't let anyone give you a wrong impression about Mercedes Benz these vehicle is economically,ergonomically designed that you won't want to ride any other brands in Nigeria . I rep benz

adezazeez:
these is absolutely a wrong calculation I have a Honda passport which I use to run through Abule egba and Ajah in a week I use fuel of 10,000 naira why in my cousins s65 amg v12 bi-turbo I use a fuel of 10,500 naira Abeg my people don't let anyone give you a wrong impression about Mercedes Benz these vehicle is economically,ergonomically designed that you won't want to ride any other brands in Nigeria . I rep benz

It shows you don't even own a bicycle not to talk of a car. What is the distance between ikorodu to Ajah and you abule egba to Ajah?

What is the manufacturer stats for the cars and do you know it's traffic 80% of the way? With the bad fuel, bad roads and heavy traffic, do you think you can achieve manufacturer stats in Nigeria, I doubt it

S65 AMG V12 bi-turbo indeed who dash you

Esseite:
My issues with benz... they depreciate a lot faster..

A 2006 corolla still sell higher and very presentable, we still drive 2007 spider and even celebrate after purchase. But when you drive a 2007 benz among the league of benz, people begin to ask you if all is well..

Bros, how far na....

At the time that was a flagship model. The 2017 s500 base model is over $120k so the amg version will be atleast 150k

Hnmm that's a NJ motor vehicle title, what a total waste of money I can use that 200 grands.to build a very decent rental housing with the exchange rate at that time, and still be collecting my rent by now plus the housing and the neigborhood will not depreciate but instead it will continue to appreciate

nurey:
V12 TWIN Turbo @ 20L per 100km, ikorodu to Ajah and back with AC that's around 5k fuel everyday in a week 5 X 5 = 25k, in a month 4weeks X 25k = 100k fuel in a year 1.2million I will pass KIA PICANTO on mah mind

Step up

nurey:


It shows you don't even own a bicycle not to talk of a car. What is the distance between ikorodu to Ajah and you abule egba to Ajah?

What is the manufacturer stats for the cars and do you know it's traffic 80% of the way? With the bad fuel, bad roads and heavy traffic, do you think you can achieve manufacturer stats in Nigeria, I doubt it

S65 AMG V12 bi-turbo indeed who dash you

hello please take your time to read very well, I never said I own it,i said I use to drive my cousin's AMG s65 black series but I own a Honda passport , check the picture for you to know am not a novice when it comes to Mercedes Benz, and also learn how to address people in a polite way.

adezazeez:

hello please take your time to read very well, I never said I own it,i said I use to drive my cousin's AMG s65 black series but I own a Honda passport , check the picture for you to know am not a novice when it comes to Mercedes Benz, and also learn how to address people in a polite way.

Baba no need to upload pix before I believe you, I already saw your first post, but seems you don't have a good sense of humor

The pictures here are enough credence to vindicate the claims that I know what am saying,thank you

Baba forget, its still benz or nothing...

Factfinder1:
That is what you get when you use bad money to buy things ask were he got d $200k at first

10years is not 10days.

Someone used a car for 10yrs, he has used the first life and 2nd life of that car. First life being the first 5 years.

That car is not even worthy of Tokunboh grade ie being exported to another country for use.

How much were you expecting it to be sold for @autojosh ?

the price neva fall finish. abeg op yarn the owner say i go come back by the next five years, let me know if i can get 500k by then.