Quote:
Originally Posted by PC Dave
Not to go off-topic, but this one hits home. Depreciation on the Phaeton is admittedly abysmal (and it'll get worse since VW announced it won't be imported to the US after 2006), but like many W140s, no Phaeton ever went out the door at list price. I leased mine with $0 down and a lower monthly payment than an E Class or A6 (and it's far superior), and most who bought got huge discounts - a couple of weeks ago a Boston dealer was advertising a new '05 Phaeton V8 with a $73k MSRP at $20k off list - a lot of the imputed depreciation is coming out of the dealer's hide, or VWoA's, not the first owner.
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That very believable....I knew some families(not mine I assure you) in Texas when I lived there that bought new MB's in the early and late 90's and they gave huge discounts....as I recall something like...$8000 off a 93 300D 2.5 turbo....$12,000 off a 91 560SEL and $13,000 off a 98 S500 are some transactions that I remember the buyers telling me the stats of
Honestly from what I see the 220 is going fall the same way..they seem to be 50% off after 3 years...but hey again its a great deal if you like the car.
I don't know anyone who has owned a 220 since day one ..just those who have leased and fell under the full maintenance umbrella and turned the car in after the lease was up
Warren
1992 300SD(sold)
2000 BMW 740I