Depreciation
The depreciation graph and accompanying table on our page detail how the 1998 MERCEDES-BENZ M-CLASS's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 1998 MERCEDES-BENZ M-CLASS in 1998 was $58,275.
The average price for used 1998 MERCEDES-BENZ M-CLASS nowadays in 2024 is $3,664 which is 6% from the original price.
Estimated mileage driven per year is 9,787 miles.
The graph below is a depreciation curve for 1998 MERCEDES-BENZ M-CLASS. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 1998 MERCEDES-BENZ M-CLASS in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 1998 MSRP | 0 mi | $58,275 | — | — | 100% | 0% |
| 2007 | 97,870 mi | $16,900 | +$0 | +0% | 29% | 71% |
| 2008 | 107,657 mi | $15,851 | +$1,049 | +6.21% | 27.2% | 72.8% |
| 2009 | 117,444 mi | $14,269 | +$1,582 | +9.98% | 24.49% | 75.51% |
| 2010 | 127,231 mi | $12,777 | +$1,492 | +10.46% | 21.93% | 78.07% |
| 2011 | 137,018 mi | $9,849 | +$2,928 | +22.92% | 16.9% | 83.1% |
| 2012 | 146,805 mi | $8,998 | +$851 | +8.64% | 15.44% | 84.56% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the MERCEDES-BENZ M-CLASS’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 1998 MERCEDES-BENZ M-CLASS. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1998 MERCEDES-BENZ M-CLASS by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 160,000 mi | $2,729 | 10 sales |
Frequently asked questions
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Proper maintenance and good condition can slow the depreciation of a 1998 MERCEDES-BENZ M-CLASS by making it more attractive to potential buyers, thereby preserving more of its value.
Aftermarket modifications can affect the depreciation of 1998 MERCEDES-BENZ M-CLASS either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
Other years of MERCEDES-BENZ M-CLASS
2004 MERCEDES-BENZ M-CLASS
$5,818 average used price
510+ sales records
2006 MERCEDES-BENZ M-CLASS
$7,898 average used price
2,600+ sales records
2007 MERCEDES-BENZ M-CLASS
$7,000 average used price
2,100+ sales records
2010 MERCEDES-BENZ M-CLASS
$8,998 average used price
4,300+ sales records
2012 MERCEDES-BENZ M-CLASS
$12,777 average used price
9,900+ sales records
2014 MERCEDES-BENZ M-CLASS
$15,851 average used price
12,900+ sales records
Similar Models
1998 MERCEDES-BENZ SL-CLASS
$97,945 MSRP
$15,648 average used price
1,100+ sales records
1998 MERCEDES-BENZ SLK-CLASS
$53,280 MSRP
$6,995 average used price
330+ sales records
1999 MERCEDES-BENZ C-CLASS
$48,135 MSRP
$6,164 average used price
400+ sales records
2000 MERCEDES-BENZ S CLASS
$118,555 MSRP
110+ sales records
2000 MERCEDES-BENZ E-CLASS
$63,890 MSRP
$5,998 average used price
990+ sales records
2001 MERCEDES-BENZ SL-CLASS
$97,945 MSRP
$16,495 average used price
810+ sales records
