1998 Mercedes-Benz M-class Depreciation
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1998 Mercedes-Benz M-Class
A 1998 Mercedes-Benz M-Class has depreciated $349 or 18% in the last 3 years and has a current resale value of $1,561 and trade-in value of $344.
A 1998 Mercedes-Benz M-Class has depreciated $349 or 18% in the last 3 years and has a current resale value of $1,561 and trade-in value of $344.
The 1998 Mercedes-Benz M-Class is in the 75-100% percentile for depreciation among all 1998 SUVs.
1998 Mercedes-Benz M-class Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2022 | $500 | $1,910 | $754 | ||
2023 | $316 | $1,594 | $364 | ||
2024 | $17 | $1,577 | $345 | ||
Now | $16 | $1,561 | $344 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
1998 Mercedes-Benz M-class Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Managing 1998 Mercedes-Benz M-Class Depreciation
Get the most out of your car when it's time to sell or trade. Check out our expert tips below to minimize depreciation and help keep your car's value higher.
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FAQs
According to Kelley Blue Book, a 1998 Mercedes-Benz M-Class depreciated about 18% over the last three years. Generally the 1998 Mercedes-Benz M-Class is in the 75-100% percentile for depreciation among all 1998 SUVs. However, depreciation can vary depending on vehicle condition and mileage.
According to Kelley Blue Book, the 1998 Mercedes-Benz M-Class is in the 75-100% percentile for depreciation among all 1998 SUVs. Over the last 3 years it retained 82% of its value.
A 1998 Mercedes-Benz M-Class has depreciated an average of about $116 per year for the last 3 years. It has dropped a total of $349 in value in that time and has a current resale value of $1,561 and a trade-in value of $344. Generally the 1998 Mercedes-Benz M-Class is in the 75-100% percentile for depreciation among all 1998 SUVs.
A 1998 Mercedes-Benz M-Class has depreciated 18% in the last 3 years and has a resale value of $1,561. Overall, the 1998 Mercedes-Benz M-Class is in the 75-100% percentile for depreciation among all 1998 SUVs.
A 1998 Mercedes-Benz M-Class has depreciated 18% over the last 3 years on average. There are various factors that can impact this, however, including vehicle condition, mileage, and your location.