GTS value over time
10-17-2016, 10:27 PM
#1
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GTS value over time
In the first year, values have dropped approximately 20K versus MSRP (roughly 14%)...
Would like to hear people's thoughts/predictions on the continued depreciation over the next three years. In other words, what approximate percentage of MSRP do you think the 2015 GTS will be worth as it's about to come off of warranty?
Would like to hear people's thoughts/predictions on the continued depreciation over the next three years. In other words, what approximate percentage of MSRP do you think the 2015 GTS will be worth as it's about to come off of warranty?
10-18-2016, 08:07 AM
#2
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2021 Porsche TTS
It looks right in line with your average Toyota Camry depreciation which I would be happy with as AMGs are normally much worse than a normal car. Time will tell and from the current batch for sale right, it seems to be holding ok for cars that are not optioned to the gills.
10-18-2016, 01:42 PM
#4
i think the unique styling and that it is a pure AMG rather than a rigged up version of a C or E or S class makes a difference
the other non AMG versions of those other cars brings down the value, but since there isn't a non AMG version of the GT then it kinda stays exclusive
i agree with Jeremy Clarkson in that they should emphasize the AMG more than the Mercedes part since it was developed entirely by AMG. in this respect the Mercedes part actually cheapens it believe it or not, people pay more for exclusivity... just like they did with Maybach
the other non AMG versions of those other cars brings down the value, but since there isn't a non AMG version of the GT then it kinda stays exclusive
i agree with Jeremy Clarkson in that they should emphasize the AMG more than the Mercedes part since it was developed entirely by AMG. in this respect the Mercedes part actually cheapens it believe it or not, people pay more for exclusivity... just like they did with Maybach
10-18-2016, 05:14 PM
#5
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Unpollo is making a very valid point. It's a unique vehicle not a 30k bump in a standard model.
Wait to see what happens on P cars and the Gt3 when manual comes out next year. Also the TT 911 is going to get hit next year when they up a 2018 to 3.2 liters and "450" hp.
Wait to see what happens on P cars and the Gt3 when manual comes out next year. Also the TT 911 is going to get hit next year when they up a 2018 to 3.2 liters and "450" hp.
10-18-2016, 08:52 PM
#6
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In the first year, values have dropped approximately 20K versus MSRP (roughly 14%)...
Would like to hear people's thoughts/predictions on the continued depreciation over the next three years. In other words, what approximate percentage of MSRP do you think the 2015 GTS will be worth as it's about to come off of warranty?
Would like to hear people's thoughts/predictions on the continued depreciation over the next three years. In other words, what approximate percentage of MSRP do you think the 2015 GTS will be worth as it's about to come off of warranty?
Small correction... there is no 2015 GTS. It's a 2016 first delivered in late April of 2015.
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10-19-2016, 11:05 AM
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2016 GTS, 2017 S550 Cabriolet, 2015 911Turbo S 2016Q5, 2008 Z06
It is not an SLS, so it will take a large dollar hit over three years. Same with a Porsche, BMW, Audi etc. The value is in owning and driving a real automobile vs a Camry. A 100K Z06 is worth about half in three years. My 911 turbo s lost 40k the first year. It is the price we are willing to pay for our fun.
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10-19-2016, 11:14 AM
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2022 AMG SL63
It is not an SLS, so it will take a large dollar hit over three years. Same with a Porsche, BMW, Audi etc. The value is in owning and driving a real automobile vs a Camry. A 100K Z06 is worth about half in three years. My 911 turbo s lost 40k the first year. It is the price we are willing to pay for our fun.
10-19-2016, 11:56 AM
#9
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It is not an SLS, so it will take a large dollar hit over three years. Same with a Porsche, BMW, Audi etc. The value is in owning and driving a real automobile vs a Camry. A 100K Z06 is worth about half in three years. My 911 turbo s lost 40k the first year. It is the price we are willing to pay for our fun.
10-19-2016, 12:19 PM
#10
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Hi all, thanks for your input so far. Just to clarify the reason behind the question - it's not that I'm trying to convince myself whether I should get the car, it's whether or not I should lease versus purchase. Trying to get a good understanding of the private party resale value after three or four years – from what I've heard so far best guess is around 50% of original MSRP…
10-19-2016, 06:00 PM
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70K in 3 years for a 5 year old car seems like the average car (about 50%) and that would be a great accomplishment for AMG.
My barely 4 year old CLS63 lost 50% when I sold it privately this year.
My barely 4 year old CLS63 lost 50% when I sold it privately this year.
10-22-2016, 11:09 AM
#13
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A little late to the response here but I think a good measurement of resale value is what the residual that the manufacturer puts out on residual on the lease.
The residual of a 4 year 12,000 mile lease is 49% of MSRP for a 2016 GTS. So everyone here is pretty accurate in their guess of 50%.
Do keep in mind that if you are going to buy it from someone else, you may need to pay another $5-8k premium on top of that.
The residual of a 4 year 12,000 mile lease is 49% of MSRP for a 2016 GTS. So everyone here is pretty accurate in their guess of 50%.
Do keep in mind that if you are going to buy it from someone else, you may need to pay another $5-8k premium on top of that.
01-09-2019, 09:40 PM
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AMG GT S Edition 1, Audi RS5
Just wanted to re-visit this topic since this thread was created a little over 2 years ago. There's been a lot of mention of a 50% depreciation after 3 years... would you say we're on pace? Most GTS's currently on the market are in the $80k - 90k range. I'd say that's stronger than what I expected from AMG.
What do you think will happen with the values in the next 2 years from now?
What do you think will happen with the values in the next 2 years from now?
01-09-2019, 10:36 PM
#16
In Canada it worked out much better.
When I purchased my new 2016 amg gt s the base msrp here was 150k cad, while the US was 130k usd.
With our dollar being around .75 to a US dollar and most things being cheaper in the US it seemed like a really good deal.
I just looked online at used prices and they are sitting firmly above 105-110k
When I purchased my new 2016 amg gt s the base msrp here was 150k cad, while the US was 130k usd.
With our dollar being around .75 to a US dollar and most things being cheaper in the US it seemed like a really good deal.
I just looked online at used prices and they are sitting firmly above 105-110k
01-10-2019, 10:45 AM
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If a Porsche GT variant then yes, Porsche’s are going to hold a significantly higher % of MSRP at any given time versus say a GT R/GT C. That’s because the Porsche GT3/GT3 RS market is broken and has been for quite some time, whereby unless you are extremely luckily or are a Porsche VIP customer, you have to pay an ADM just in order to get a car, whereas you can go into your local MB dealer and buy even a GT R at MSRP without issue. One could make a case that buying a GT R at MSRP and then taking a $40K loss after one year is a damn site better economic case than buying a 991.2 GT3 RS at $50K over MSRP; (not uncommon this especially when the cars were just being released), and then being given back 90% of it’s MSRP by a dealer when traded in after a year. In other words; who’s lost the most money? 5-6 years after purchase the GT3/RS will retain more residual value % wise however, so even allowing for the ADM, you’re probably better off.
If you’re talking about non-GT Porsche’s, then those cars; (equivalent to AMG GT/GT S), do not continue to hold a very high % of MSRP once purchased new.
The thing is though, who gives a damn about what one of these cars are worth after a couple of years? I certainly don’t; it’s about the fun and excitement you get from driving them. People who buy a GT3 RS and then want to sell it after two years with 500 miles on it have completely lost the point IMHO.
01-10-2019, 01:39 PM
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AMG GT S Edition 1, Audi RS5
I'm actually coming from a Porsche (997.2 turbo). Sold it for $13k more than what I paid after 2 years and 6,000 miles.
I know this won't happen with the AMG GTS, but if it's near the bottom of the depreciation, then I'd be content.
I know this won't happen with the AMG GTS, but if it's near the bottom of the depreciation, then I'd be content.
01-10-2019, 03:33 PM
#19
You can get an R8 for like 50-60k, brand new 100k
yes there are a ton of new models and spec options but the depreciation is horrendous
Now that’s selling price.......imagine trade in value 45k??
yes there are a ton of new models and spec options but the depreciation is horrendous
Now that’s selling price.......imagine trade in value 45k??
01-10-2019, 03:35 PM
#20
you essentially you were paid to drive your Porsche for 2 years lol why cant I be that lucky
Last edited by mobster600; 01-10-2019 at 03:57 PM.
01-10-2019, 03:38 PM
#21
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I move in and out of cars quickly so depreciation does matter to me. My F-cars and GT3 have maintained value the best. I got my new 18 AMG GTS for a big discount off MSRP so the depreciation hit was built in.
In general, I look for lightly used models still under OEM warranty that are tastefully specced but it can take awhile to find the right deal. Take your time and enjoy the search, with the economy going in the bucket there should be some good buys in the next 12 months or so.
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01-10-2019, 03:42 PM
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AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
It won't take 3 years...
You can buy some for about that today (higher miles) with CPO with $145k MSRP or so are under $90k. I assume the price might further drop as the GTS is dropped off the US line-up for MY20.
I think the depreciation of the GTS is just in line with other AMG's.
You can buy some for about that today (higher miles) with CPO with $145k MSRP or so are under $90k. I assume the price might further drop as the GTS is dropped off the US line-up for MY20.
I think the depreciation of the GTS is just in line with other AMG's.
01-10-2019, 04:40 PM
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I am actually happily surprised that it seems to be holding better than I expected. Nearly traded mine for a Mac (would have been a big mistake lol) and was offered 75% of MRSP.
01-10-2019, 07:56 PM
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01-10-2019, 08:26 PM
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But perhaps you’re really just a lucky guy; I suggest a trip to Vegas! lol
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