Showing posts with label WSJ. Show all posts
Showing posts with label WSJ. Show all posts

Saturday, February 19, 2011

Why does this Mercedes cost $500,000?

2011 Maybach 62 S
 The Maybach isn't the most expensive car in the world, but it is the highest-price line of autos made by Mercedes-Benz. The 62S model of the Maybach — the automaker's answer to the Rolls-Royce and Bentley — costs 8 million Hong Kong dollars (about US$1 million). And that's without extras.But the biggest reason for its high price is the Hong Kong luxury tax, about 50% in this Chinese territory. In the U.S., the car costs about $459,000. Even so, we found that as luxury cars go, the Maybach doesn't offer much beyond what other cars in this category offer, save for a couple of features.