'21 Values Rising Fast
#76
I just saw where Austria will be locked down starting Monday due to COVID for approximately 20 days. Wondering if that will impact the last month of US production for the G.
https://www.bbc.com/news/world-europe-59343650
https://www.bbc.com/news/world-europe-59343650
#77
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2012 S350 Bluetec, 2014 GLK250 Bluetec, 2000 CLK320 Cabrio
#79
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#81
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From: Northeast
2012 S350 Bluetec, 2014 GLK250 Bluetec, 2000 CLK320 Cabrio
#83
Super Member
Joined: Apr 2003
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From: Northeast
2012 S350 Bluetec, 2014 GLK250 Bluetec, 2000 CLK320 Cabrio
Here is a real data point as of yesterday. Sold my '21 G63 for $245K to a wholesale dealer. MSRP was $157500 (no options) and it had 8500 miles. He had a buyer on the other end ready to snap it up at presumably a few grand markup.
#85
What did PT Barnum say?
#86
This is commonly overlooked, but disposition of an asset at more than its acquisition cost becomes a taxable transaction. And if you've 179'd it, or have been depreciating it as a business expense, there will be more tax due. Best to talk to your CPA while sitting down.
#87
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From: Northeast
2012 S350 Bluetec, 2014 GLK250 Bluetec, 2000 CLK320 Cabrio
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#88
As others have said, you dont want to be the one standing with no chair to sit on once the music stops.
Prices for virtually every good has increased like crazy due to the high price of resources/supply chain issues/labour shortages specially in transportation and docks/governments printing money like crazy currently/a lot crypto and social media make pretend wealth floating around are all contributing to inflated prices for everything. Now granted this car had a waitlist even before all this craziness began but not too long ago it was very simple to negotiate a discount specially if it was sitting on the lot.
Im awaiting my allocation at MSRP, it will likely be a 23 and out of principle I wont pay a cent over MSRP. Others can disagree but I see people paying anywhere from $10k-$75k over sticker for this car and it just makes me laugh given all it would take is to have a year or 2 of patience. Even getting it at MSRP bugs me a little given the history I have with my dealership but cant change the demand for it. Will be interesting to see what those people will do with their car/watch/house that they paid 2x over retail for once normality resumes...
Prices for virtually every good has increased like crazy due to the high price of resources/supply chain issues/labour shortages specially in transportation and docks/governments printing money like crazy currently/a lot crypto and social media make pretend wealth floating around are all contributing to inflated prices for everything. Now granted this car had a waitlist even before all this craziness began but not too long ago it was very simple to negotiate a discount specially if it was sitting on the lot.
Im awaiting my allocation at MSRP, it will likely be a 23 and out of principle I wont pay a cent over MSRP. Others can disagree but I see people paying anywhere from $10k-$75k over sticker for this car and it just makes me laugh given all it would take is to have a year or 2 of patience. Even getting it at MSRP bugs me a little given the history I have with my dealership but cant change the demand for it. Will be interesting to see what those people will do with their car/watch/house that they paid 2x over retail for once normality resumes...
umm this simply is not true. Of course this may change in the future but I doubt it. As many of you know these cars were going above msrp for those who didn’t want to wait even before the pandemic. I waited 2 years on the list with an allocation at MSRP at a dealership who has never sold above msrp for those on the list — EVER before. Guess what, my allocation came through and they wanted $50k over msrp saying times have changed. I spec’d the car with a signed document 2 years ago. Turns out, not much can be done. They gave me some added benefits out of “respect” for the time I waited but those who think they are guaranteed high demand cars at msrp because they waited on a list for two years might be in for a surprise.
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#89
umm this simply is not true. Of course this may change in the future but I doubt it. As many of you know these cars were going above msrp for those who didn’t want to wait even before the pandemic. I waited 2 years on the list with an allocation at MSRP at a dealership who has never sold above msrp for those on the list — EVER before. Guess what, my allocation came through and they wanted $50k over msrp saying times have changed. I spec’d the car with a signed document 2 years ago. Turns out, not much can be done. They gave me some added benefits out of “respect” for the time I waited but those who think they are guaranteed high demand cars at msrp because they waited on a list for two years might be in for a surprise.
#90
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From: Scottsdale AZ
2015 CLS 550 2015 ML 400 Previous 2020 GLB 250 2019 A 220 2005 ML 350 1989 300 E 2001 SL 500
Ditto that -- want to ensure you pay no more than MSRP after a 2 year wait? Have your attorney draw up a purchase contract that stipulates delivery date, MSRP and a penalty clause for delivery delays and price changes, and that states any disputes will be settled in court (not in arbitration). Then take it to your dealership's GM and get him/her to sign it and have the finance guy notarize it. Good luck and let us know how this all works out for you 2 years from now.
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Jagdpanzer (12-04-2021)
#92
umm this simply is not true. Of course this may change in the future but I doubt it. As many of you know these cars were going above msrp for those who didn’t want to wait even before the pandemic. I waited 2 years on the list with an allocation at MSRP at a dealership who has never sold above msrp for those on the list — EVER before. Guess what, my allocation came through and they wanted $50k over msrp saying times have changed. I spec’d the car with a signed document 2 years ago. Turns out, not much can be done. They gave me some added benefits out of “respect” for the time I waited but those who think they are guaranteed high demand cars at msrp because they waited on a list for two years might be in for a surprise.
Im also in Canada where I think its not allowed to charge over MSRP so dealers here have to get creative and prioritize their long term customers for their in demand cars. I know this because my GM stated since they cant charge over MSRP, they wont take any G order from anyone that doesn't have prior purchase history with them.
What happened to you sucks, but my situation is vastly different to yours.
Last edited by 3.Pointed.Czar; 12-02-2021 at 03:17 PM.
#93
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2018 Lamborghini Huracan Performante Spyder, 2021 G63
Except it is because I know the GM of my dealership personally and the G will be my 7th car bought from him. He keeps me in the loop constantly, Im currently #17 on their list (started at #50 10 months ago) and he's assured me numerous times that he can't give me any discounts (which I got for all my previous buys from him) but that Im definitely getting it at MSRP.
Im also in Canada where I think its not allowed to charge over MSRP so dealers here have to get creative and prioritize their long term customers for their in demand cars. I know this because my GM stated since they cant charge over MSRP, they wont take any G order from anyone that doesn't have prior purchase history with them.
What happened to you sucks, but my situation is vastly different to yours.
Im also in Canada where I think its not allowed to charge over MSRP so dealers here have to get creative and prioritize their long term customers for their in demand cars. I know this because my GM stated since they cant charge over MSRP, they wont take any G order from anyone that doesn't have prior purchase history with them.
What happened to you sucks, but my situation is vastly different to yours.
#94
I was leaving my girl's place in Miami last night and some guy came up to me when I was getting the truck from the valet and asked me if I'd sell it. He was the owner of a car dealership that sells exotics. I have a 2021 matte black G63 with $182,300 MSRP. Mine was delivered in December 2020 and I have almost 12k miles on it. He offered me $250K on the spot. I told him I don't want to sell it as I love the car and don't want to drive anything else but that's pretty crazy right!? $68K over MSRP with almost 12k miles driven.
#95
I was leaving my girl's place in Miami last night and some guy came up to me when I was getting the truck from the valet and asked me if I'd sell it. He was the owner of a car dealership that sells exotics. I have a 2021 matte black G63 with $182,300 MSRP. Mine was delivered in December 2020 and I have almost 12k miles on it. He offered me $250K on the spot. I told him I don't want to sell it as I love the car and don't want to drive anything else but that's pretty crazy right!? $68K over MSRP with almost 12k miles driven.
#96
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From: Northeast
2012 S350 Bluetec, 2014 GLK250 Bluetec, 2000 CLK320 Cabrio
I wonder how long this market will hold out, given all the uncertainty in the world. I was eventually planning on selling mine, but I really don't think the market will get any better than it is today.
#97
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From: Burlington and Barrie, Ontario, Marco Island, Fl.
19 Ferrari 488 Spyder, 19 911 Speedster, 19 Merc s63cab, 17 P Cayenne turbo, 16 Boxster Spyder,
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#98
Is that some sort of mandate set by the Canadian government? That ish would never fly here in the land of the commerce.
#99
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From: Burlington and Barrie, Ontario, Marco Island, Fl.
19 Ferrari 488 Spyder, 19 911 Speedster, 19 Merc s63cab, 17 P Cayenne turbo, 16 Boxster Spyder,
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hyperion667 (12-04-2021)
#100
Tbf their market is maddening and would drive me crazy, specially if I was a long term customer down there.
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