2006 Mercedes-AMG S65: $200,000 Car Sold For $,3750!

Every now and then, the automotive industry sees depreciation on a single used luxury car so outrageous, it becomes newsworthy. It’s your turn, 2006 Mercedes-AMG S65.

The latest example is a 2006 Mercedes-AMG S65 sold for $3,750, down from its original $200,000 purchase price or 2% of its MSRP. That’s the same price as a used Toyota Camry sold in Des Moines, Iowa.

In a recent YouTube video (by Mad Maxx) uploaded on August 2, 2017, the owner describes in great detail on all the things which are wrong about this Mercedes-AMG S65 after 11 years of use, two accidents and 149,000 miles. But none of those seem to properly justify the car’s extremely-low price.

Broken trunk hinges, locks which don’t work, faulty air suspension, non-functional radio and defective power seats are some of the issues which stand out. A brief walk around the vehicle also revealed smaller but required fixes. Nothing outrageous in that department, to be honest.

On the upside, the Mercedes-AMG S65’s paperwork is on point. The car has only had one owner with a clean title, and all the small fixes are relatively easy to make, outside of replacement part costs. The latter is where the S65 is going to make a massive hole in the wallet. Just the sheer number of parts over a regular luxury sedan is enough to do extensive financial damage to your savings account.

The new owner of this 2006 Mercedes-AMG S65 keeps saying that it was a stupid decision to purchase the car. We’ve mixed feelings on that.

It’s easy to be blinded by a twin-turbo V12 for 604 hp of power and 738 lb-ft of torque and buy it with your heart pushing the brain out through the window. However, used luxury cars are notorious for highly expensive replacement parts. In fact, fixing the car and restoring it to its fully-functional condition may cost the new owner more money than how much he paid to buy it from the first owner.

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But then again, you are getting a lot of metal, image and brand value for $3,750. It’s a proper super-fast, high-performance luxury sedan which can go neck and neck in a race against a Lamborghini Murcielago.

Mad Maxx (the current owner) has started working on the 2006 Mercedes-AMG S65 and has uploaded the first part of the elaborate process of mending the machine. You can watch that right here.

Source:  YouTube