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Here’s how much the 2021 Mercedes-Maybach S580 depreciates in 5 years

Here's how much the 2021 Mercedes-Maybach S580 depreciates in 5 years




Since its debut in 2014 as the first model of the modern Mercedes-Maybach sub-brand, the Maybach S-Class has been the pinnacle of Mercedes series production cars and has a direct connection to the legend of Wilhelm Maybach. Naturally, it doesn’t come with an attractive price tag. The 2021 Mercedes-Maybach S580 arrived in 2020 as part of the all-new seventh S-Class generation, powered by a 4.0-liter twin-turbo V8 that sends 496 horsepower to all four wheels via Mercedes’ 4MATIC all-wheel-drive system. And in keeping with the typically exclusive and expensive specification of vehicles that exist in the upper echelons of ultra-luxury car territory, the price started at a whopping $185,950.

But as almost anyone who has ever bought a new car knows, depreciation cares little for luxury. Thus, even the mighty Mercedes-Maybach eventually had to bow to the orders of kelly blue book (KBB) cited its current fair purchase price as an average of $123,000. This represents a depreciation rate of 34.4% after five years – and a significant savings for you as a buyer, given that the Maybach S580 remains a more expensive car than ever, with the refreshed 2027 Mercedes-Maybach S580 expected to start at well under $200,000. To determine if reality reflects this estimate, we researched the used car market to see what the 2021 Maybach S580 is going for these days.

What is the price of 2021 Mercedes-Maybach S580 today?

As production of the seventh-generation Mercedes-Maybach S-Class continues, the used car market is being “flooded” with options. Still, they have done little to bring down the prices of the 2021 Mercedes-Maybach S580 models further. cars.com At the time of writing five S580s show up, the cheapest – a 57,190-mile example – is listed at $99,970. The next least expensive models are listed at $123,000, $134,000, and $140,000, respectively. Many similar cars can be found CarGurusAlbeit with slightly higher asking prices. Of the nine 2021 Mercedes-Maybach S580s listed on CarGurus, the most expensive 6,327-mile example is listed at $142,229. However, looking through Listing on Classic.comPrices can reach up to $209,900.

Using the average prices of 2021 Mercedes-Maybach S580 models on these platforms to measure the level of depreciation, the average price of the four models with prices listed on Cars.com is $124,232.5, which equates to a five-year depreciation of 33.19% and roughly tracks with KBB’s estimate of 34.4%. Meanwhile, the price average on CarGurus puts that depreciation at 30.7%. Both are measured against the base $185,950 MSRP, but they don’t take into account any additional features or equipment optioned on these cars, which can add thousands of dollars.

How does the depreciation of the 2021 Mercedes-Maybach S580 compare to the standard S580?

Being the German automaker’s flagship model, the Mercedes-Maybach S580 is such a huge step up from the “regular” S580 in terms of equipment that you probably won’t be interested in cross-shopping it with anything that isn’t a 207-mph Bentley Flying Spur or a Rolls-Royce Ghost. But it wouldn’t hurt to at least get an idea of ​​how the three-pointed star brand’s two models measure up in terms of depreciation. Pricing data from KBB shows that the resale market is harsher on the standard Mercedes-Benz S580 than on pricier Maybach models. The 2021 Mercedes-Benz S580 was priced at $117,350 new, but its value has dropped nearly 50% to $58,300 based on its fair purchase price. This is 15.92 percentage points more than the Maybach S580. carage’s The estimate is similar to 47% depreciation for a five-year-old S580.

One reason the Mercedes-Benz S580 lost a large portion of its value compared to its more expensive brother could be the latter’s badging and supply. The Mercedes-Benz S580 is sold in much higher volumes than more exclusive Maybach models. This is evidenced by the comparatively lower number of Maybach S580 models available for sale on CarGurus at the time of this writing (9) versus the 2021 Mercedes-Benz S580 (37).



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