PROS
- Depreciation
One point to keep in mind is that luxury cars take the biggest hit in the first five years. Post these years, the value of a Benz depreciates at the same rate as compared to a Toyota or Honda. If you are thinking of investing in a Mercedes Benz at an Auto Auction, then you need to consider the the depreciation rate of the vehicle. Go for vehicles within that time-frame to grab a great deal. - Build quality and features
As compared to a Toyota or Honda, a Benz has a lot more to offer. When you think of purchasing a used Benz, it offers you multiple features, such as illuminated buttons, leather interiors, power windows and seats, and sunroof. Along with these features, there are options provided to you too, including traction control, multiple airbags, adjustable seats and steering wheel, anti-lock brakes, and cruise control. With numerous features and options available in a Benz, it is a great choice of vehicle to purchase at an auto auction. - Comfort and looks
The quality of comfort offered by a Benz is incomparable to other brands. A used Benz, if kept in good condition, will have great appeal in terms of looks, comfort and ride. It is, therefore, a wise decision to invest in a Mercedes Benz at auto auction.
CONS
- Maintenance cost
The maintenance cost of a Benz will be higher as compared to other brands. It is, therefore, crucial to do your research and find out all relevant information about the vehicle wish to purchase. Buy a Benz that has low maintenance cost and in within your budget. - No warranty
If you are purchasing a used Benz from a private seller, then you might not be provided with any warranty. Another aspect to consider is that, in case of a private seller, the manufacturing warranty might be expired too. Keep in mind, if you wish to purchase a Mercedes Benz at auto auction, then prefer buying it from an authorized dealership.
Conclusion
You need to keep in mind the pros and cons when it comes to buying a Mercedes Benz at auto auction. It is important for you to weigh them to make an informed buying decision. Be thorough by making sure you research on the terms of auto auctions, their fees, and authorization. It is also important to take a decision with ease, time and with adequate research in regards to the vehicle you wish to purchase. Ask about the VHR, examine the vehicle yourself, and make sure there are no extra maintenance cost to consider after purchasing a Benz.