AMG GTR depreciation
08-13-2020, 06:06 PM
#26
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A quick look on Autotrader and you can probably pick up a 2108 GT-C Roadster for around $100k-110k on the low end without bargaining too hard, that's almost half the MSRP (with options) in 2 years. It seems that AMG cars are still depreciation kings, and thinking they aren't anything but is just wishful thinking ($100k value in 10 years, really??).
I am guessing it'll be a $50-60K car as a 5 year car, a great bargain actually, but reliability has always been crap when it comes to German marques, with Porsche as a minor exception, hence the horrendous depreciation. Anyone who's worried about depreciation should look at Ferraris, I personally recommend the Huracan Evo spyder though, a much better way to spend $200k+ than any AMG GT, assuming you're not overly tall.
I am guessing it'll be a $50-60K car as a 5 year car, a great bargain actually, but reliability has always been crap when it comes to German marques, with Porsche as a minor exception, hence the horrendous depreciation. Anyone who's worried about depreciation should look at Ferraris, I personally recommend the Huracan Evo spyder though, a much better way to spend $200k+ than any AMG GT, assuming you're not overly tall.
Porsche reliability is poor, probably since VW acquired the brand. Watch Nick Murray’s videos on how both of his 911s were lemoned.
08-13-2020, 09:29 PM
#27
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Good points, but I'm stuck here wondering what a 2108 version of the GT-C even looks like? Does it have a flux capacitor and capable of flight? I mean, if it doesn't, why even bother.
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08-13-2020, 09:35 PM
#29
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A quick look on Autotrader and you can probably pick up a 2108 GT-C Roadster for around $100k-110k on the low end without bargaining too hard, that's almost half the MSRP (with options) in 2 years. It seems that AMG cars are still depreciation kings, and thinking they aren't anything but is just wishful thinking ($100k value in 10 years, really??).
I am guessing it'll be a $50-60K car as a 5 year car, a great bargain actually, but reliability has always been crap when it comes to German marques, with Porsche as a minor exception, hence the horrendous depreciation. Anyone who's worried about depreciation should look at Ferraris, I personally recommend the Huracan Evo spyder though, a much better way to spend $200k+ than any AMG GT, assuming you're not overly tall.
I am guessing it'll be a $50-60K car as a 5 year car, a great bargain actually, but reliability has always been crap when it comes to German marques, with Porsche as a minor exception, hence the horrendous depreciation. Anyone who's worried about depreciation should look at Ferraris, I personally recommend the Huracan Evo spyder though, a much better way to spend $200k+ than any AMG GT, assuming you're not overly tall.
08-13-2020, 09:54 PM
#30
Junior Member
interesting insight
being a Amg gtr owner and a performante spider owner (my 5th lambo) while the lambo is very exciting my amg gtr is equally as exciting to me
I’m actually going to drive a evo spider tomorrow with buckets cause I can’t fit in my spider with roof up I’m 6’3 and it’s horrible
huracan/perf coupe no issue and my older Superleggera, Gallardo, perf no probs
ferrari no depreciation? Uhhh guess you never owned an ff and f12, I won’t dare speak on my depreciation there, worse than my s550 cab from new, and Amg gtr
50k for gtc? Uh no
german reliability crap? Uhh my Porsche’s as stated never a problem and that’s with tracking my old gt2 exclusively had over 40k miles on car
benz’s before my gtr flawless and never an issue, gtr had some nagging things but never mechanically an issue
my lambos? Well they are German right? Over 30k miles in all, road trips around the country, ask lambo palm beach where I’ll be tomorrow how many times my cars have been in for a repair in over 6 years? Zero
ask me how many times my mclaren, Ferrari’s has lights on, battery failures and issues, hydraulic suspension failure, wing failures etc etc etc etc
i have a feeling you don’t have these ownership experiences you speak of
But I do agree huracan evo is a spectacular car and now with the new manual carbon buckets tall guys can fit in a spider comfortably
they are also stupid reliable
chris my service guy at palm beach said huracans hardly ever come in for any issues and they make no money from modern cars cause they don’t break
its true!
being a Amg gtr owner and a performante spider owner (my 5th lambo) while the lambo is very exciting my amg gtr is equally as exciting to me
I’m actually going to drive a evo spider tomorrow with buckets cause I can’t fit in my spider with roof up I’m 6’3 and it’s horrible
huracan/perf coupe no issue and my older Superleggera, Gallardo, perf no probs
ferrari no depreciation? Uhhh guess you never owned an ff and f12, I won’t dare speak on my depreciation there, worse than my s550 cab from new, and Amg gtr
50k for gtc? Uh no
german reliability crap? Uhh my Porsche’s as stated never a problem and that’s with tracking my old gt2 exclusively had over 40k miles on car
benz’s before my gtr flawless and never an issue, gtr had some nagging things but never mechanically an issue
my lambos? Well they are German right? Over 30k miles in all, road trips around the country, ask lambo palm beach where I’ll be tomorrow how many times my cars have been in for a repair in over 6 years? Zero
ask me how many times my mclaren, Ferrari’s has lights on, battery failures and issues, hydraulic suspension failure, wing failures etc etc etc etc
i have a feeling you don’t have these ownership experiences you speak of
But I do agree huracan evo is a spectacular car and now with the new manual carbon buckets tall guys can fit in a spider comfortably
they are also stupid reliable
chris my service guy at palm beach said huracans hardly ever come in for any issues and they make no money from modern cars cause they don’t break
its true!
A quick look on Autotrader and you can probably pick up a 2108 GT-C Roadster for around $100k-110k on the low end without bargaining too hard, that's almost half the MSRP (with options) in 2 years. It seems that AMG cars are still depreciation kings, and thinking they aren't anything but is just wishful thinking ($100k value in 10 years, really??).
I am guessing it'll be a $50-60K car as a 5 year car, a great bargain actually, but reliability has always been crap when it comes to German marques, with Porsche as a minor exception, hence the horrendous depreciation. Anyone who's worried about depreciation should look at Ferraris, I personally recommend the Huracan Evo spyder though, a much better way to spend $200k+ than any AMG GT, assuming you're not overly tall.
I am guessing it'll be a $50-60K car as a 5 year car, a great bargain actually, but reliability has always been crap when it comes to German marques, with Porsche as a minor exception, hence the horrendous depreciation. Anyone who's worried about depreciation should look at Ferraris, I personally recommend the Huracan Evo spyder though, a much better way to spend $200k+ than any AMG GT, assuming you're not overly tall.
Last edited by iLLGT2; 08-13-2020 at 09:57 PM.
08-13-2020, 09:56 PM
#31
Super Member
The depreciation is really a huge issue only
For the people who bought at or near MSRP. I know many of us didn’t and that helps quite a bit. Up here in Toronto the values are levelling off and with basically zero changes into the 2021 except for paint color the prices are likely to remain stable. I am by no means a psychic but it’s just my 2 cents CAD which is probably about $5USD😎
08-13-2020, 10:01 PM
#32
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W463 G550 / C190 GTC //prev: W204 C63 507 / R170
Frd of mine just bought a fully loaded (every option selected) 2018 GHM GTR from MB Vancouver (terminal location) for $150k with only 6000km & 2 additional yrs of extended warranty (3rd party, MB does not allow GTC/R CPO in Canada). The original MSRP was $230-240k and I think that’s a definite performance bargain he got.
I got $50K off a brand new GTC that listed for $200K. And a proper spec, with adjustable mounts (must have!) and a great color combo.
08-13-2020, 10:09 PM
#33
Super Member
There are a few GTR’s
pushing 230k and that’s ridiculously priced. It would appear those of us who where able to get the same discount off a new one did just as well or maybe better from a warranty standpoint. New 2020 GTR’s can be had right now for $170-180k here in Toronto.
08-14-2020, 02:09 AM
#34
Member
😅 and that’s before many other fees dealer charges. I am sure by now heavy discounts are offered. Possibly the best time to buy an expensive car in a decade.
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08-14-2020, 04:05 PM
#35
Senior Member
My 2018 GTR MSRP was right at $228K as I recall, all options. Full load GHM cars were ~ $235k new at that time.
My PRO was a relative bargain at $236K, would have been $230 but the dealer added the Carbon II Package which I did not want.
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Orcbolg (09-24-2020)
09-24-2020, 04:04 PM
#38
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Issue 1: he’s not taking into account selling price, only asking price.
There’s a big spread here, or not; but it has to be considered.
2: He doesn’t take into account actual selling price (eg, with options). On cars like this, options can make a big difference to final value, and to desirability.
there was a GTR Pro(?) here in Sunbeam Yellow with red calipers and red(?) stitching. Aka the Ronald McDonald car. Guess why it didn’t sell or will sell for a big discount.
09-24-2020, 07:53 PM
#39
This YouTube guy is a Moron. His “analysis” would fail a grade school math class. I’m sure everyone here sees this.
Issue 1: he’s not taking into account selling price, only asking price.
There’s a big spread here, or not; but it has to be considered.
2: He doesn’t take into account actual selling price (eg, with options). On cars like this, options can make a big difference to final value, and to desirability.
there was a GTR Pro(?) here in Sunbeam Yellow with red calipers and red(?) stitching. Aka the Ronald McDonald car. Guess why it didn’t sell or will sell for a big discount.
Issue 1: he’s not taking into account selling price, only asking price.
There’s a big spread here, or not; but it has to be considered.
2: He doesn’t take into account actual selling price (eg, with options). On cars like this, options can make a big difference to final value, and to desirability.
there was a GTR Pro(?) here in Sunbeam Yellow with red calipers and red(?) stitching. Aka the Ronald McDonald car. Guess why it didn’t sell or will sell for a big discount.
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kumizi (09-30-2020)
09-24-2020, 08:14 PM
#40
This YouTube guy is a Moron. His “analysis” would fail a grade school math class. I’m sure everyone here sees this.
Issue 1: he’s not taking into account selling price, only asking price.
There’s a big spread here, or not; but it has to be considered.
2: He doesn’t take into account actual selling price (eg, with options). On cars like this, options can make a big difference to final value, and to desirability.
there was a GTR Pro(?) here in Sunbeam Yellow with red calipers and red(?) stitching. Aka the Ronald McDonald car. Guess why it didn’t sell or will sell for a big discount.
Issue 1: he’s not taking into account selling price, only asking price.
There’s a big spread here, or not; but it has to be considered.
2: He doesn’t take into account actual selling price (eg, with options). On cars like this, options can make a big difference to final value, and to desirability.
there was a GTR Pro(?) here in Sunbeam Yellow with red calipers and red(?) stitching. Aka the Ronald McDonald car. Guess why it didn’t sell or will sell for a big discount.
This guy must have a data analytics background and i rather enjoy his work, i dont know of anyone else sharing this kind of analysis.
also keep in mind his analysis is for US market only. It will vary based on geography as well.
Last edited by big_willy; 09-24-2020 at 08:18 PM.
09-24-2020, 08:17 PM
#41
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you need to take this for what it is. Its a view of the market and not individual vehicles. An analysis like this would be near impossible to take into account selling prices as that information is not always available and many car deals also include trades where value, savings or costs can be buried in there as well. Any outliers like a yellow GTR pro can be discounted in the analysis and law of large numbers and statistical variance will wash it away anyhow.
This guy must has a data analytics background and i rather enjoy his work, i dont know of anyone else sharing this kind of analysis.
This guy must has a data analytics background and i rather enjoy his work, i dont know of anyone else sharing this kind of analysis.
I have a background in statistics.
what he’s showing is a trend based on asking prices and base MSRP. That’s not useful. Who cares about asking prices?
How hard it is to do it right is irrelevant. Actually, it’s not that hard. BAT has all the info you need. You just need to compile the data.
09-24-2020, 09:50 PM
#42
you need to take this for what it is. Its a view of the market and not individual vehicles. An analysis like this would be near impossible to take into account selling prices as that information is not always available and many car deals also include trades where value, savings or costs can be buried in there as well. Any outliers like a yellow GTR pro can be discounted in the analysis and law of large numbers and statistical variance will wash it away anyhow. Also many other factors affect a car's resale such as options, color, condition, etc... those don't matter in the type of analysis he is doing.
This guy must have a data analytics background and i rather enjoy his work, i dont know of anyone else sharing this kind of analysis.
also keep in mind his analysis is for US market only. It will vary based on geography as well.
This guy must have a data analytics background and i rather enjoy his work, i dont know of anyone else sharing this kind of analysis.
also keep in mind his analysis is for US market only. It will vary based on geography as well.
09-26-2020, 03:43 PM
#46
EVOs in Canada all appear to be 350k+ some north of 400k used.
I live in the wrong Country for buying lambos.
https://www.autotrader.ca/a/lamborgh..._15_53&sprx=-1
I live in the wrong Country for buying lambos.
https://www.autotrader.ca/a/lamborgh..._15_53&sprx=-1
Last edited by jn66; 09-26-2020 at 03:46 PM.
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09-26-2020, 08:50 PM
#48
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But the analysis is wrong, making it useless.
I have a background in statistics.
what he’s showing is a trend based on asking prices and base MSRP. That’s not useful. Who cares about asking prices?
How hard it is to do it right is irrelevant. Actually, it’s not that hard. BAT has all the info you need. You just need to compile the data.
I have a background in statistics.
what he’s showing is a trend based on asking prices and base MSRP. That’s not useful. Who cares about asking prices?
How hard it is to do it right is irrelevant. Actually, it’s not that hard. BAT has all the info you need. You just need to compile the data.
Statics/ Analytics aside, the simple math is that buying a 2yr old GTR is about the sweet spot. After the hit it takes, it really does become a bargain for what you get!
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Orcbolg (09-26-2020)
