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Charlie Moatlhodi ASKED THE GUIDE

Ask Smithy Xtra Sporting values

Last December I bought a new Mercedes-Benz ML300CDI AMG sports, but a month later the price was reduced because of a reduction in import duty. Will that impact the resale value of my car? Can you also tell me how this model will depreciate in three years now the AMG sports is a regular option and not a limited build?

The rate of depreciation will be the same as any other Mercedes-Benz model; while the AMG badge will be more attractive to buyers it won’t slow the rate of depreciation as it might once have done when it was a rare model. Unfortunately your car was immediately devalued when the new price was cut with the tariff reduction, there’s not much you can do about that.

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