During the past decade or so, many carmakers have looked into their past to shape their future: the BMW Group's new Mini, the Fiat Group's 500 and the Volkswagen Group's Beetle are among the most well-known examples. But as Mercedes-Benz found out the hard way, not all second comings prove successful.

And now, only a decade after resuscitating Maybach, Daimler is ready to accept defeat and stop producing the $350,000 luxury limousine when the next generation of the Mercedes-Benz S-Class hits the market in 2013.

“It would not make sense to develop a successor model”, Daimler Dieter Zetsche said in an interview with German daily Frankfurter Allgemeine Zeitung. “The coming S-Class is in such a way a superior vehicle that it can replace the Maybach.”

Once almost a lone player in the luxury segment, Mercedes-Benz and its S-Class have been challenged directly over the past years by numerous rivals ranging from the Lexus LS and the Audi A8 to the rejuvenated Jaguar XJ and even the Porsche Panamera.

But the Stuttgart-based automaker is holding on and is now readying a new and improved successor to its S-Class limousine that will also be known under its internal codename, W222.

Scheduled to arrive in the market in the 2013 calendar year, the W222 is based on a new platform architecture and will be offered in both short- and long-wheebase derivatives as well as with the choice of rear- or all-wheel drive.

No matter what car you buy, its price will start depreciating from the moment you turn the ignition key and roll out of the showroom. Of course, not all models lose value at the same rate. But there are some cars that stand out more than others and Popular Mechanics has compiled a list with some of the most heavily depreciated vehicles in the luxury car segment.

And while this may not be the kind of news a seller wants to hear, it's music to the ears of buyers in the market for snazzy set of wheels. Just remember that regardless if the car is new or used, running costs remain the same, and when it comes to luxury models, be prepared to dig deep into your pockets.

In the large luxury sedan stakes, BMW, Mercedes-Benz and Lexus have been the long-time leaders. Five years ago, each brand’s flagship model – the 7-Series, the S-Class and the LS – collectively owned 82% of the U.S. market and Merc’s offering could claim 30% of that.

Between June 2010 and May of this year, however, their collective market share has dwindled some 68% while that of three newer models have grown.

There’s the Audi A8, up 5% and the Jaguar XJ, up 12%. Both of these models could claim next to nothing of the market when they were launched but now look at them.