The High Cost of Low-Cost German Luxury
There’s a common joke that cheap German cars can be some of the most expensive vehicles to own. This sentiment stems from their tendency to depreciate rapidly, followed by costly repairs. Mercedes Streeter, after sharing about cheap Volkswagen Touareg V10 TDIs, opens a discussion around this very topic.
Many commenters chimed in, pointing out the inherent risks and rewards associated with buying these vehicles.
One commenter humorously remarks, stating, “Volkswagen’s Craziest Modern SUV Has A V10 Twin Turbo Diesel And You Can Buy One For Dirt Cheap BUT FUCKING DON’T”.
Another commenter humorously notes, “I admire the absurdity that was the Piëch era, but I know to do so from afar.”
It’s a balancing act: the appeal of luxury at a discount versus the potential for high maintenance expenses.
One commenter, who admits he has been talking about thinning his fleet, says that this is a “CLASSIC pump-and-dump!” and that they aren’t selling theirs anytime soon.
Some owners find that a well-maintained older German car can be reliable.
One commenter, who owns a 1995 BMW 540i/6, says that it is one of the more reliable vehicles, due to its simple design features and inexpensive parts.
Other owners suggested buying these cars after the initial depreciation hit, but with a remaining factory or extended warranty.
However, the consensus remains: while the initial price tag may be tempting, the long-term financial implications of owning a depreciated German luxury car demand careful evaluation.
This discussion also touches on the relative reliability of other cars. Some owners shared experiences with other brands such as GM pickup trucks, making a point that German cars do not have a lock on troublesome cars.
In conclusion, the attraction to these vehicles is understandable.
But, potential buyers should consider the possible costs before jumping in.
