'21 Values Rising Fast
#201
Member
Joined: Jul 2019
Posts: 94
Likes: 53
From: Mercer Island, WA
Current: 2020 G63, 2013 G550, Bentley Continental GT Speed
I was looking for a e63 wagon and dealers as of last week won't stop contacting me.
Pricing hasn't come down much but they are trying much harder. Prices will likely come down soon.
Pricing hasn't come down much but they are trying much harder. Prices will likely come down soon.
#202
If anyone has a connection I'd certainly appreciate it. My dealership called me back 3 weeks ago after I called to just check in with the situation since I've been on a 2.5-3 year waitlist. Without specifying what number, I'm almost all the way to the front of their waitlist now to get one at MSRP since I've done business with this dealership before. He said they changed the rules recently and basically once they start receiving the new G63s later this year, all of the existing G63 owners will be able to go to the front of the line to trade up from their current G63, effectively moving me and others back in the line. I feel like getting one is never going to happen at this point within the next year or two now. Bummed.
#203
If anyone has a connection I'd certainly appreciate it. My dealership called me back 3 weeks ago after I called to just check in with the situation since I've been on a 2.5-3 year waitlist. Without specifying what number, I'm almost all the way to the front of their waitlist now to get one at MSRP since I've done business with this dealership before. He said they changed the rules recently and basically once they start receiving the new G63s later this year, all of the existing G63 owners will be able to go to the front of the line to trade up from their current G63, effectively moving me and others back in the line. I feel like getting one is never going to happen at this point within the next year or two now. Bummed.
#204
There are now 945 2019-2021 G63s for sale in the US with the inventory rising by approx 100/mo since October not to mention the additional 424 G550s!! That is actually almost double the number of the latest model Cadillac Escalades of all trims available for sale in the US!!! And there are still a few hundred new 2021s that have not arrived to the US yet and a refreshed 2023 model order guide coming up by March according to my dealer !!
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medtner (01-25-2022)
#205
The bubble will burst soon
There are now 945 2019-2021 G63s for sale in the US with the inventory rising by approx 100/mo since October not to mention the additional 424 G550s!! That is actually almost double the number of the latest model Cadillac Escalades of all trims available for sale in the US!!! And there are still a few hundred new 2021s that have not arrived to the US yet and a refreshed 2023 model order guide coming up by March according to my dealer !!
#207
I was looking for a Corvette and had one dealer offer my 70K over for my 21 G63, just 2 weeks ago, not boasting. I got into it for msrp but am waiting for the 23 to decide. I am on a reasonable list there and on one for the new Z06. I will play my cards when I am ready I guess. When I was thinking of selling I was following it pretty hard but not so much now. I only have 234 miles on my G63 at this time.
Last edited by Jagdpanzer; 01-25-2022 at 09:18 PM.
#210
No way market will tank that quickly on such a low volume vehicle. Especially as others have noted, current owners will get priority from their dealers (dealer can sell the used trade in at a premium while selling the new one just the same).
First deliveries probably wouldn't even commence before October 2022 at the earliest since they are producing the 2022 for the rest of the world I thought?
First deliveries probably wouldn't even commence before October 2022 at the earliest since they are producing the 2022 for the rest of the world I thought?
#212
Ferrari…lol a higher priced Alfa Romeo with all of the same build quality issues. I’d rather own an Alfa though, it’d last longer and without the poser manacles😂👍😎
I am just a couple weeks away from the "1 year no export agreement" expiring on my '21 G63 and although the prospect of making a nice profit on it is pretty cool, I am hard pressed to find anything I want more. Maybe a Ferrari GTC4Lusso might be the next move. I could use the huge G63 profit to offset the huge hit on the Ferrari. But in the vein of this thread, I wonder if the market is at its peak, or if the used values will continue to increase after they stop making the '21s.
#213
I don’t know about dealers prioritizing existing owners ahead of others who’ve had a deposit down. I’m also seeing dealers flooded with G inventory and not moving them. I live in Miami by the way. I’m also confident later this year once the ‘23 order guide is out that prices will fall back to earth. And no, even as prices correct I won’t be purchasing a used G as I have one on order. Look at what’s happening in the equities market, 20%+ correction same in crypto etc. My circle of friends who could comfortably pay $100k over sticker simply won’t due to mass uncertainty.
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EJKaufman (01-26-2022)
#214
About 3 weeks ago it was saying $240-$260K for '20-'21 G63s. I will note that good specs are moving quickly. Odd specs tend to sit. All of them seem to be priced within $20K of each other though. I've seen some good specs sit at dealers for months, but others move quick. I think visibility helps (ie, large dealer with good volume, particularly if they are MB dealer that can certify). Low mile, good spec '20 models are moving in the $270K +/- range. Most '21 are asking $290-$300K, and some are moving at that price.
#215
There is downward movent in prices taking place right now. But dealers will manage/manipulate pricing, and inventories will clear before reaching MSRP, IMO. Nevertheless, this month's CARFAX on my 2019 G550 (12K miles) lists its trade value at $38K over its MSRP. A comparable G is listed for $190K at Isringhausen, down $10K from its offered price last week.
#216
Super Member
Joined: Apr 2003
Posts: 917
Likes: 254
From: Northeast
2012 S350 Bluetec, 2014 GLK250 Bluetec, 2000 CLK320 Cabrio
#217
https://gtspirit.com/2022/01/26/merc...-till-q4-2024/
What is that article referencing? No other news outlet has reported this news...
What is that article referencing? No other news outlet has reported this news...
#218
Super Member
Joined: Apr 2003
Posts: 917
Likes: 254
From: Northeast
2012 S350 Bluetec, 2014 GLK250 Bluetec, 2000 CLK320 Cabrio
https://gtspirit.com/2022/01/26/merc...-till-q4-2024/
What is that article referencing? No other news outlet has reported this news...
What is that article referencing? No other news outlet has reported this news...
#219
#220
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Azzurri (01-27-2022)
#223
Everything is selling over MSRP
#225
MBWorld Fanatic!
Joined: Jul 2012
Posts: 4,478
Likes: 1,490
From: Orbiting the planet
This place is a joke.
Here's one at a a dealer in Orlando for $150k over sticker: (msrp 175K asking $325k)
https://www.facebook.com/marketplace...tory_type=post
"LOL"
The red calipers clash nicely with the blue color.
https://www.facebook.com/marketplace...tory_type=post
"LOL"
The red calipers clash nicely with the blue color.
Last edited by E55Greasemonkey; 02-11-2022 at 11:10 PM.