Will the AMG GT go up in value?

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Old May 16, 2018 | 12:02 PM
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Will the AMG GT go up in value?

I was looking for the heck of it online and the AMG GT has caught my eye. Stopped by the dealership one day when in for a service A and sat inside one. I see prices as low as $84,000. Do you guys think this car will be appreciating in value over the years like the SLR or SLS AMG has? Or will this follow the depreciation curve like most AMG's. I do not buy a car for a return but I did get lucky with my F355.
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Old May 16, 2018 | 12:23 PM
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Originally Posted by C280 Sport
I was looking for the heck of it online and the AMG GT has caught my eye. Stopped by the dealership one day when in for a service A and sat inside one. I see prices as low as $84,000. Do you guys think this car will be appreciating in value over the years like the SLR or SLS AMG has? Or will this follow the depreciation curve like most AMG's. I do not buy a car for a return but I did get lucky with my F355.
No. but I do not think it will depreciate like any other AMG coupe/sedan. It will probably find a bottom a few years from now and hold on to that for a long time
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Old May 16, 2018 | 12:31 PM
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Originally Posted by Alexfor8
No. but I do not think it will depreciate like any other AMG coupe/sedan. It will probably find a bottom a few years from now and hold on to that for a long time
Agreed. Despite the GT being an SLS underneath, and the current car outperforming an SLS Black.

GTRs will do better.
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Old May 16, 2018 | 12:50 PM
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Old May 17, 2018 | 12:36 PM
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Originally Posted by Alexfor8
No. but I do not think it will depreciate like any other AMG coupe/sedan. It will probably find a bottom a few years from now and hold on to that for a long time
I would love for them to come down to around $50,000 or so (About what I paid for my F355 many years back before going up in value) . That way it is in my price range I just love the AMG GT cars. I only ever sat inside the base model one but it felt so special to me.
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Old May 17, 2018 | 01:08 PM
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There is no "up" on the GT cars, too much production but you might see a less steep curve in relation to depreciation. These are all 2017's that sold at the auction with decent conditions (sans one) and the values are fairly static.

Unfortunately I dont know the MSRP's here but Id guess the average drop is circa 30-35k in one year which is pretty big but standard for AMG units outside of the dreaded S coupe which is terrrrrrrible.

You have several years and many more miles to go before they hit 50k.


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Old May 17, 2018 | 02:10 PM
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Vic, curious about any 16, 17 GTS any sales? I would think maybe 8-10k more
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Old May 17, 2018 | 02:17 PM
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Originally Posted by AMG 17GT
Vic, curious about any 16, 17 GTS any sales? I would think maybe 8-10k more
Pretty close, the GTS probably is on average 10- 15k more at the msrp level.

One would hope or think but the GTS is softer than the GT not much unlike a Porsche Turbo vs a Turbo S. The starting point is just too high on the S models (for both brands). Plus the large 5 figure trunk money last year on the GTS didnt help the value in the used market:

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Old May 17, 2018 | 02:26 PM
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Hmm. Seems like in 2018 GT, sold higher than GTS.
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Old May 17, 2018 | 03:22 PM
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Originally Posted by AMG 17GT
Hmm. Seems like in 2018 GT, sold higher than GTS.
Must be random as the net net msrp for the GT (before any options) is 112400 and the GTS is 132400. You probably saw fully loaded GT cars and bare bones GTS units.

But this shows my point of how a car that has a much higher starting point also has a sharper curve downward (after 1 year or so).
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Old May 17, 2018 | 04:04 PM
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Originally Posted by Vic55
Must be random as the net net msrp for the GT (before any options) is 112400 and the GTS is 132400. You probably saw fully loaded GT cars and bare bones GTS units.

But this shows my point of how a car that has a much higher starting point also has a sharper curve downward (after 1 year or so).
Totally agreed. And I’ve said all along that the GT was a value play, as the differences between cars in 17 were option based as you indicated as well. And that the ECU HP games were overrated.

In MY 18, a lot of available options on GT were not available anymore.
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Old Jul 18, 2018 | 09:07 PM
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With the 2016 GTS sales numbers in the US being around 16-1700 - from what I've read (and stand to be corrected http://carsalesbase.com/us-car-sales...rcedes-amg-gt/), is that really an excessive amount?? Do cars that are collectible really have to be 1 of SPARSE?? This is in the range of Aston Martin and Ferrari. I know too much and too little are subjective. Edition 1 2016 GTS' run numbers even lower.
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Old Jul 18, 2018 | 09:50 PM
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I was messing around on autotrader the other day and there are a lot less GT cars for sale than a year ago. The ones still for sale are oddball or high mileage cars.

I think we have reached a point where the GT vs GTS has been figured out and the cars with the right options are holding well.

No collectible here now, but a really great car at 100 plus.



Last edited by AMG 17GT; Jul 18, 2018 at 10:06 PM.
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Old Jul 18, 2018 | 10:44 PM
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Originally Posted by Banzairacer
With the 2016 GTS sales numbers in the US being around 16-1700 - from what I've read (and stand to be corrected http://carsalesbase.com/us-car-sales...rcedes-amg-gt/), is that really an excessive amount?? Do cars that are collectible really have to be 1 of SPARSE?? This is in the range of Aston Martin and Ferrari. I know too much and too little are subjective. Edition 1 2016 GTS' run numbers even lower.
From what I could find out only about 4000 units(all variations GT(s and R) in the US from 2015-2017
Not very many for 2 model years
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Old Jul 19, 2018 | 06:43 AM
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I don't think you can escape the depreciation factor with any car. I also don't see the GT in any variant as becoming a collector car, too much production. In my area where I live we are seeing a lot of the Edition 1 2016's showing up at the dealers, leases must be coming to an end. They are being put on the lot for $120K to $128K some with low mile others not and the price are mostly non negotiable. That is what drove me to just purchase new and save the headaches.
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Old Jul 19, 2018 | 12:23 PM
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Thanks Sno,

I bought mine last month - 2016 edition 1 with 16K for about $95. There aren't that many in San Diego that I have seen only a red convertible - looks like an 18
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Old Jul 19, 2018 | 12:59 PM
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Originally Posted by sno
I don't think you can escape the depreciation factor with any car. I also don't see the GT in any variant as becoming a collector car, too much production. In my area where I live we are seeing a lot of the Edition 1 2016's showing up at the dealers, leases must be coming to an end. They are being put on the lot for $120K to $128K some with low mile others not and the price are mostly non negotiable. That is what drove me to just purchase new and save the headaches.

I think you mean the 2016 GTS which was the first model year not the first edition.

There were 2016 GTS EDITION 1 models too but they were very limited in production and specially configured - - only 375 made for the US.

Regards

Jerry

Last edited by JSwan724; Jul 19, 2018 at 05:40 PM.
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Old Jul 19, 2018 | 04:14 PM
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Originally Posted by sno
I don't think you can escape the depreciation factor with any car. I also don't see the GT in any variant as becoming a collector car, too much production. In my area where I live we are seeing a lot of the Edition 1 2016's showing up at the dealers, leases must be coming to an end. They are being put on the lot for $120K to $128K some with low mile others not and the price are mostly non negotiable. That is what drove me to just purchase new and save the headaches.
I did the same one year ago. I was looking at a couple 2016 GTS' around $115-120K but they were in relatively rough shape despite the low miles (less than 5000) with bolster wear, paint chips, scratches beneath the front bumper, marks on the dashboard, etc. The seats wear poorly because the bolsters project out.

I got into a new 2018 GTS with $11000 off MSRP so 2 years newer with 2 years more warranty. It was worth it for me, I like the new grill.
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Old Jul 19, 2018 | 05:37 PM
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About 2 months ago I posted auction values (averages) on 2017 AMG GTS and it was at 101k--- its now about 2 months later and standard AMG depreciation is occurring (4k a month) LOL but it is due to only 2 sales mainly plus mileage adjustment on the average.


Last edited by Vic55; Jul 19, 2018 at 07:14 PM.
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Old Jul 19, 2018 | 08:14 PM
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Originally Posted by Vic55
About 2 months ago I posted auction values (averages) on 2017 AMG GTS and it was at 101k--- its now about 2 months later and standard AMG depreciation is occurring (4k a month) LOL but it is due to only 2 sales mainly plus mileage adjustment on the average.

Looks not half bad LOL


Paid 99.5K for my 16 solarbeam GTS a few months ago with 5600 miles, up to 6700 miles now. If I can get up to about 15K miles and not lose 25-35K I would be a very happy camper.

Lost much more on my turbo S and my R8, so hoping for a bit of a smaller fall on this one lol


Thank you for your contributions with these numbers Vic. Seems like you are on every forum I end up on lol (M5, 991TTS, RS7...etc)
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Old Jul 20, 2018 | 11:24 AM
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Originally Posted by nabizzy
Looks not half bad LOL


Paid 99.5K for my 16 solarbeam GTS a few months ago with 5600 miles, up to 6700 miles now. If I can get up to about 15K miles and not lose 25-35K I would be a very happy camper.

Lost much more on my turbo S and my R8, so hoping for a bit of a smaller fall on this one lol


Thank you for your contributions with these numbers Vic. Seems like you are on every forum I end up on lol (M5, 991TTS, RS7...etc)
No problem, LOL at the forum thing- its only cause I owned a car there or still do. I rarely, if ever, lurk on forums where I dont own a car of that model or ever did. I really like the M Boards too as there is a bunch of diverse owners (like here) and a very popular M5 versus section where we all share our other rides and experiences.

I have not been on the RS7's since I got rid of my 2017 and probably because that forum (audizine) doesnt have the same dynamics I find here or at M5Post.
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Old Jul 20, 2018 | 03:02 PM
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Originally Posted by Vic55
No problem, LOL at the forum thing- its only cause I owned a car there or still do. I rarely, if ever, lurk on forums where I dont own a car of that model or ever did. I really like the M Boards too as there is a bunch of diverse owners (like here) and a very popular M5 versus section where we all share our other rides and experiences.

I have not been on the RS7's since I got rid of my 2017 and probably because that forum (audizine) doesnt have the same dynamics I find here or at M5Post.
Agreed, Audizine never did have the dyamics of this forum. M5Post is very very active, which contributes to the experience on that forum as well.

Cheers.
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Old Jul 26, 2018 | 11:53 PM
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Here in Canada they are holding their value surprisingly well.
at least from the occasional online searches I have done
With our weak dollar and the MSRP spread of 130k usd to 150k cad on 2016s, it helped up here.
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Old Jul 27, 2018 | 11:35 AM
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Will the AMG GT go up in value?

Try this experiment:

Take a heavy stone. Walk up to your swimming pool.

Throw the stone in and watch.

Think of the stone like the value of your car.
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Old Jul 27, 2018 | 12:00 PM
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Lol!
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