Will the price go down?
#1
Will the price go down?
Hi MBWorld community!
I am currently looking for a 2016 or 2017 G63. One of the sales agents told me that the prices should go down soon since all current owners will be upgrading to the new version. Could someone in the know weigh in on this with an analysis of future market value? It is my understanding the G class holds the value fairly well, but I dont want to end up with a huge value loss on such an expensive vehicle. Please advise.
Thank you in advance!
I am currently looking for a 2016 or 2017 G63. One of the sales agents told me that the prices should go down soon since all current owners will be upgrading to the new version. Could someone in the know weigh in on this with an analysis of future market value? It is my understanding the G class holds the value fairly well, but I dont want to end up with a huge value loss on such an expensive vehicle. Please advise.
Thank you in advance!
The following 2 users liked this post by drew138:
Deutsch100 (08-06-2018),
Jagdpanzer (09-16-2018)
#3
Super Member
Join Date: Feb 2015
Location: Cape Cod
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E450 wagon, C43 AMG Cpe, C43 AMG Cab
Hi MBWorld community!
I am currently looking for a 2016 or 2017 G63. One of the sales agents told me that the prices should go down soon since all current owners will be upgrading to the new version. Could someone in the know weigh in on this with an analysis of future market value? It is my understanding the G class holds the value fairly well, but I dont want to end up with a huge value loss on such an expensive vehicle. Please advise.
Thank you in advance!
I am currently looking for a 2016 or 2017 G63. One of the sales agents told me that the prices should go down soon since all current owners will be upgrading to the new version. Could someone in the know weigh in on this with an analysis of future market value? It is my understanding the G class holds the value fairly well, but I dont want to end up with a huge value loss on such an expensive vehicle. Please advise.
Thank you in advance!
The following 2 users liked this post by pdeacon:
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The following users liked this post:
Ben Stoller (09-13-2018)
#6
If you want one buy one. They money you save waiting you'll just be mad you didnt just buy one right away. money i can make back, time we never get back
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#7
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2018 E400W4 EU Delivery 1999 E320 2022 E53 COUPE
Not to many owners who bought their 2015-2018 G are jumping for the new model so i don't think you will see an increase in used G. The vast majority of customers for the new G are not ones who already have a G but the ones who didn't like the way the older model felt.
The following 2 users liked this post by Wassaby:
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#8
Junior Member
it is supply and demand. the supply of folks wanting an affordable g wagon continues to spike, thus holding prices firm. anyone worrying about the price should probably buy a jeep. you will be crushed on repairs and not be able to afford the g wagon. seriously, get a jeep and hillbilly it up and salivate every time you see a g wagon.
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Wassaby (09-13-2018)
#9
it is supply and demand. the supply of folks wanting an affordable g wagon continues to spike, thus holding prices firm. anyone worrying about the price should probably buy a jeep. you will be crushed on repairs and not be able to afford the g wagon. seriously, get a jeep and hillbilly it up and salivate every time you see a g wagon.
lol so true
#10
it is supply and demand. the supply of folks wanting an affordable g wagon continues to spike, thus holding prices firm. anyone worrying about the price should probably buy a jeep. you will be crushed on repairs and not be able to afford the g wagon. seriously, get a jeep and hillbilly it up and salivate every time you see a g wagon.
Last edited by twist-a-grip; 09-13-2018 at 11:46 PM.
#11
Junior Member
Dude, per cargurus.com, you have a $50k 2009 G55 while a hillybilly (your word) 2009 Wrangler Unlimited is $30k - huge difference. Certainly any repairs and maintenance will be more on a G than a Jeep, but to act all high and mighty in your wannabe G63 is LAME. Hell, to act all high and mighty if you have a G650 Landulet is lame.
Last edited by Ben Stoller; 09-14-2018 at 08:38 AM.
#12
I love how you say you're not acting high and mighty after you brag up all of your toys and belittle my poor man's Jeep Sport and tell me how stupid I am - like you're doing us a favor trying to help all of us poor guys realize we likely can't afford a G. The funny thing is, the OP inquired about the market of a 16/17 G63 - a car that's over twice the value of your G55, yet you tell him if he has to worry about price, he should buy a Jeep. But I'm the dumbass.
The following 2 users liked this post by twist-a-grip:
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#13
Curious how you jump to this conclusion? My dealership has a long list of customers waiting for the new G, including me. Almost everyone on the list has owned, or currently owns a G.
#14
i actually have a 50k rubicon as well stupid. and a 911 twin turbo cab. stay in your lane and drive your 30k jeep sport, sport. or should i say hillbilly. and trust me, if you are worrying about the price of actually buying a g wagon, you can't afford the repairs. simply math. additionally, the 2009 has a much better engine than the g63 without the electrical gremlins. so why not give your g55 a facelift? btw, you are so stupid if you think you can buy a 2009 g55 amg with 40k miles with all service records in mint condition for 50k. cargurus? dumbass! its not high and mighty, its trying to help someone understand the purchase price is just the beginning and not let them get buried under expensive repairs, dude!
Is posting a Jeep Rubicon and an old turbo cab your way of showing off?
The following users liked this post:
Ben Stoller (09-18-2018)
#16
Junior Member
you are a troll. I don't need to show off on a mb board. And not sure why everyone is dissing old cars. I could certainly afford new ones but why? Better off saving my money Moron.
#17
I'm a troll? You don't need to show off? Read your posts up above Ben. And who's dissing old cars? I like old cars, just not a huge fan of yours.
#18
Junior Member
#20
Hi MBWorld community!
I am currently looking for a 2016 or 2017 G63. One of the sales agents told me that the prices should go down soon since all current owners will be upgrading to the new version. Could someone in the know weigh in on this with an analysis of future market value? It is my understanding the G class holds the value fairly well, but I dont want to end up with a huge value loss on such an expensive vehicle. Please advise.
Thank you in advance!
I am currently looking for a 2016 or 2017 G63. One of the sales agents told me that the prices should go down soon since all current owners will be upgrading to the new version. Could someone in the know weigh in on this with an analysis of future market value? It is my understanding the G class holds the value fairly well, but I dont want to end up with a huge value loss on such an expensive vehicle. Please advise.
Thank you in advance!
The following users liked this post:
Deutsch100 (09-16-2018)
#22
I have a 2018 G63 I just traded for this year. I traded my 17 in and it held awesome value. I am one of the guys that would not sell it for the new model. I like the rough around the edges, and raw feel of the unit I have, along with the looks. All the power to those getting the new machines. That being said. They will sell a lot of the new units I think. But the old ones will hold their nostalgic value I believe.
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#23
That is exactly right, and a good point!
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Deutsch100 (09-16-2018)
#25
Here is my 2cents on what the prices will do from an enthusiast not an expert.
There will be a slight downward price correction overall. This has been proven time and time again even with high end cars like G's and Porsche's, etc.
Newer G63's will be hit the hardest as the Price difference from a "Cool New Model" will be closest. Most people with newer G's at that price point will want the new stuff to show off! (Not hating more power to you!)
This will cause a trickle down to the older models and is increased by more and more used G63's now being available for inside 100k. Basically people buying in the 60 - 70k ish range will be able to jump to a G63 instead of G55, G550, G500
The older 463 market will be hit the least as the bottom will still stay relatively firm for now. The volume or NEW cars isn't greatly out numbering the demand because production volumes are relatively low for G's anyway. Bottom line is People still want G's that can't afford a brand new one (Yours Truly). Maybe its just me (no data to back this up) but i see/feel an increase in the G modification culture. I'm seeing more lifted G's with light bars and cool wraps at meets and around dallas.
Just my perspective.
There will be a slight downward price correction overall. This has been proven time and time again even with high end cars like G's and Porsche's, etc.
Newer G63's will be hit the hardest as the Price difference from a "Cool New Model" will be closest. Most people with newer G's at that price point will want the new stuff to show off! (Not hating more power to you!)
This will cause a trickle down to the older models and is increased by more and more used G63's now being available for inside 100k. Basically people buying in the 60 - 70k ish range will be able to jump to a G63 instead of G55, G550, G500
The older 463 market will be hit the least as the bottom will still stay relatively firm for now. The volume or NEW cars isn't greatly out numbering the demand because production volumes are relatively low for G's anyway. Bottom line is People still want G's that can't afford a brand new one (Yours Truly). Maybe its just me (no data to back this up) but i see/feel an increase in the G modification culture. I'm seeing more lifted G's with light bars and cool wraps at meets and around dallas.
Just my perspective.
The following 2 users liked this post by GEEWAGOON:
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