G63 CDN price increase for 2020
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Joined: Oct 2014
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AMG GTR
If you look at the current pre-owned market there are currently 4 G63’s listed Canada wide on Auto Trader..all of which have several thousand kilometres and all selling for an average of $255K
Assuming a 2019 well optioned build was around $200K, that’s a $55K premium. I think it’s fair to say that buying the MY2020 at $220K and selling it a year or two later with relatively low mileage it would hold value fairly well...at least that’s my thought.
I have also taken substantial depreciation hits on luxury cars in the past...but that’s something we are all aware of when driving these cars...I think in the luxury segment the G63 fairs a lot better than most and should continue to do so even with this price increase.
Assuming a 2019 well optioned build was around $200K, that’s a $55K premium. I think it’s fair to say that buying the MY2020 at $220K and selling it a year or two later with relatively low mileage it would hold value fairly well...at least that’s my thought.
I have also taken substantial depreciation hits on luxury cars in the past...but that’s something we are all aware of when driving these cars...I think in the luxury segment the G63 fairs a lot better than most and should continue to do so even with this price increase.
thanks
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Joined: Feb 2019
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G63
If you look at the current pre-owned market there are currently 4 G63’s listed Canada wide on Auto Trader..all of which have several thousand kilometres and all selling for an average of $255K
Assuming a 2019 well optioned build was around $200K, that’s a $55K premium. I think it’s fair to say that buying the MY2020 at $220K and selling it a year or two later with relatively low mileage it would hold value fairly well...at least that’s my thought.
I have also taken substantial depreciation hits on luxury cars in the past...but that’s something we are all aware of when driving these cars...I think in the luxury segment the G63 fairs a lot better than most and should continue to do so even with this price increase.
Assuming a 2019 well optioned build was around $200K, that’s a $55K premium. I think it’s fair to say that buying the MY2020 at $220K and selling it a year or two later with relatively low mileage it would hold value fairly well...at least that’s my thought.
I have also taken substantial depreciation hits on luxury cars in the past...but that’s something we are all aware of when driving these cars...I think in the luxury segment the G63 fairs a lot better than most and should continue to do so even with this price increase.
I would say 70% + of G63’s that are being sold currently in Canada are being exported to China.
Historically G’s have held very well. Probably better then any other vehicle on the planet.
The real winners in this whole situation are the ones who bought 19’s ( actual customer’s not people who will flip it to exporters).
I also predict that older ones (17MY , 18MY etc) will creep back up in value
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Joined: Apr 2017
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AMG GTS
well at least that’s reassuring it’s also what my dealer told me but, in your opinion was anyone you think aware of this price increase at a dealership level before pricing came out officially ? Because my dealer really tried to make me sell them my 19 and get my money for it but then put me on a 2020 allocation which I didn’t expect would be such an increase
thanks
thanks
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Joined: Dec 2019
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S63 amg sedan
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Member
Joined: Jun 2016
Posts: 226
Likes: 61
From: Canada
2018 GLE63S Coupe, 2018 E63s
Placed order yesterday
After a terrible ordeal last year at one of the local dealerships charging unnecessarily for placing a deposit on a G63 and insane terms on financing...
I chose to goto a new dealership and start the process again. No upsell, payment on my own terms, cash or finance.
MSRP $195,900
Written assurance from GM I will get my order a year from now, no later!
No more designo, only manufaktur.
I chose to goto a new dealership and start the process again. No upsell, payment on my own terms, cash or finance.
MSRP $195,900
Written assurance from GM I will get my order a year from now, no later!
No more designo, only manufaktur.
Junior Member
Joined: Nov 2007
Posts: 44
Likes: 1
From: Toronto, Canada
S63, G63
Thread Starter
Super Member
Joined: Jul 2019
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AMG GT R Pro
I placed my 2020 order in November or end of October - put the remaking 5k deposit with it - build date was last week of January 2020.
I am curious if the dealership tries to tack on another 6k. I paid the 23k bump for 2020 already. Now another 6k?
I am curious if the dealership tries to tack on another 6k. I paid the 23k bump for 2020 already. Now another 6k?
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Joined: Oct 2019
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G550
More than likely unless the dealership wants to eat it......
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AMG GT R Pro
Junior Member
Joined: Nov 2007
Posts: 44
Likes: 1
From: Toronto, Canada
S63, G63
Believe me they would add 6k for G63
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AMG GT R Pro
Member
Joined: Jun 2016
Posts: 226
Likes: 61
From: Canada
2018 GLE63S Coupe, 2018 E63s
pretty awesome your 2 month wait from ordering to build date though! Got me excited now lmao
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Joined: Oct 2014
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AMG GTR
My car is already prepped the contract is ready I’m supposed to pick it up Monday only with the 24k price increase, they tagged and tinted the vehicle already you guys think Monday they are going to ask for another 6k??
Member
Joined: Jun 2016
Posts: 226
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From: Canada
2018 GLE63S Coupe, 2018 E63s
If you are financing the vehicle and you have signed all your contracts including your bill of sale then they probably can’t because they might put you under 2019 order or allocation
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Joined: Oct 2014
Posts: 243
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AMG GTR
Member
Joined: Jun 2016
Posts: 226
Likes: 61
From: Canada
2018 GLE63S Coupe, 2018 E63s
Member
Joined: Oct 2014
Posts: 243
Likes: 52
AMG GTR
Member
Joined: Jun 2016
Posts: 226
Likes: 61
From: Canada
2018 GLE63S Coupe, 2018 E63s
