Used 2022 G63 or 2025 Electric?
#1
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From: USA
Porsche: 981.2s / 997.2s / 9Y0.1s Range Rover: RRS RRFF Mercedes: 2022 GLS450
Used 2022 G63 or 2025 Electric?
Okay, so I have been waiting for the reveal of the 2025 G63 and like many on this Forum I don't view the changes as significant enough to wait, even though my dealer has offered the first spot on their list. I have yet to jump fully into the G-World but am 95% there and think maybe I should test the waters first. So I am looking at a couple 2021/2022 G63s with low miles (around 10k ) and about the same price point which is slightly below 2022 MSRP. I still feel this is high but I know the G63 continues to be an anti-depreciation machine.
My question is this, should I jump on a 2022/2021 and risk a normalization of the market for the current generation due to the new generation or should I wait and go for the G580-Electric since that will be the G with the most changes to it. I guess I can simply wait for April 24th to make that decision as well since the Electric one will be shown then.
Guess my concern is paying almost MSRP for an 18 month old vehicle when I could just wait but I also believe the 2025 will take a larger price bump (not 21-22 large but more than $5k)
Thoughts?
My question is this, should I jump on a 2022/2021 and risk a normalization of the market for the current generation due to the new generation or should I wait and go for the G580-Electric since that will be the G with the most changes to it. I guess I can simply wait for April 24th to make that decision as well since the Electric one will be shown then.
Guess my concern is paying almost MSRP for an 18 month old vehicle when I could just wait but I also believe the 2025 will take a larger price bump (not 21-22 large but more than $5k)
Thoughts?
#2
IMO, I would not buy a 1st year new model car b/c of the inevitable bugs to be improved in successive years. If you want to buy a 2025 G580 electric expect to pay a heavy ADM for the privilege of getting one. If you want a great G wagon to enjoy right now, go for the ~2022 G63 and consider if you love it enough to get on next years list for a G580 E.
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#3
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From: Marineland FL
'25 EQG deposit, '23 MC20 Cielo, '20 Fat Boy
IMO, I would not buy a 1st year new model car b/c of the inevitable bugs to be improved in successive years. If you want to buy a 2025 G580 electric expect to pay a heavy ADM for the privilege of getting one. If you want a great G wagon to enjoy right now, go for the ~2022 G63 and consider if you love it enough to get on next years list for a G580 E.
#4
Your best bet for anti-depreciation is a new 2025 G63 at msrp.
Having had electric cars and knowing the market, they will do well initially but the depreciation will be steep eventually. Dealers will be happy to sell with ADM but if you try to trade back they may be more lukewarm on trade in. If Mercedes controls supply they may do okay like Rivian sorta has but if they make too much like the EQS, it’ll get ugly quickly.
I think an electric G will be great but I’m not touching that market. For me EVs are lease only and I expect the electric G to lease horribly.
Dealers are also happy to sell you a 2021 or 2022 for near msrp but if you try to trade back a 3-4 year old car you’ll lose some on it. As a rule of thumb G’s do well under 10k miles and within 1 model year but after a few years there’s less demand for them as people who buy G’s want near new if they can’t get new in the first place.
Having had electric cars and knowing the market, they will do well initially but the depreciation will be steep eventually. Dealers will be happy to sell with ADM but if you try to trade back they may be more lukewarm on trade in. If Mercedes controls supply they may do okay like Rivian sorta has but if they make too much like the EQS, it’ll get ugly quickly.
I think an electric G will be great but I’m not touching that market. For me EVs are lease only and I expect the electric G to lease horribly.
Dealers are also happy to sell you a 2021 or 2022 for near msrp but if you try to trade back a 3-4 year old car you’ll lose some on it. As a rule of thumb G’s do well under 10k miles and within 1 model year but after a few years there’s less demand for them as people who buy G’s want near new if they can’t get new in the first place.
#5
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Joined: Jan 2023
Posts: 73
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From: Cincinnati, OH
2023 G63 (Arabian Gray/Black), 2018 911 GTS (Black/Black), 2024 Macan GTS (Black/Black)
G wagon transitions
Your best bet for anti-depreciation is a new 2025 G63 at msrp.
Dealers are also happy to sell you a 2021 or 2022 for near msrp but if you try to trade back a 3-4 year old car you’ll lose some on it. As a rule of thumb G’s do well under 10k miles and within 1 model year but after a few years there’s less demand for them as people who buy G’s want near new if they can’t get new in the first place.
Dealers are also happy to sell you a 2021 or 2022 for near msrp but if you try to trade back a 3-4 year old car you’ll lose some on it. As a rule of thumb G’s do well under 10k miles and within 1 model year but after a few years there’s less demand for them as people who buy G’s want near new if they can’t get new in the first place.
Is this a good point in terms of model year and mileage to trade in my current G? Is vehicle value highly sensitive to mileage such that I should mainly drive my second car prior to delivery of the new G? I am new to G wagon transitions so any advice would be extremely helpful. Thank you!
#6
I took delivery of a 2023 G63 Arabian Gray (with most options) in June 2023 and currently have 7,200 miles on the odometer. I am first on the list at my dealership for a 2025 G63 because it ticks several desirable boxes but will await initial road tests confirming that wind noise at highway speed is less apparent.
Is this a good point in terms of model year and mileage to trade in my current G? Is vehicle value highly sensitive to mileage such that I should mainly drive my second car prior to delivery of the new G? I am new to G wagon transitions so any advice would be extremely helpful. Thank you!
Is this a good point in terms of model year and mileage to trade in my current G? Is vehicle value highly sensitive to mileage such that I should mainly drive my second car prior to delivery of the new G? I am new to G wagon transitions so any advice would be extremely helpful. Thank you!
#7
The nice thing is your trade in should be based on car’s original msrp so apples to apples.
I’ve had two dealers tell me 10,000 miles but I agree with haa probably regular use would be fine. I wouldn’t avoid driving it to watch the mileage.
I’ve just been lucky to be able to move on before 10,000 miles and lose minimal amounts. The tax savings is huge.
I’ve had two dealers tell me 10,000 miles but I agree with haa probably regular use would be fine. I wouldn’t avoid driving it to watch the mileage.
I’ve just been lucky to be able to move on before 10,000 miles and lose minimal amounts. The tax savings is huge.
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#8
The nice thing is your trade in should be based on car’s original msrp so apples to apples.
I’ve had two dealers tell me 10,000 miles but I agree with haa probably regular use would be fine. I wouldn’t avoid driving it to watch the mileage.
I’ve just been lucky to be able to move on before 10,000 miles and lose minimal amounts. The tax savings is huge.
I’ve had two dealers tell me 10,000 miles but I agree with haa probably regular use would be fine. I wouldn’t avoid driving it to watch the mileage.
I’ve just been lucky to be able to move on before 10,000 miles and lose minimal amounts. The tax savings is huge.
How do you find a dealer or a private sale where you can save on the taxes by buying/selling at the same exact time to the same entity?
A dealer who offers the best trade in value would also be the one most likely to also have the highest ADM on a new purchase?
You’ve done it successfully multiple times in a row. In awe of your ability!
#9
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Joined: Jan 2023
Posts: 73
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From: Cincinnati, OH
2023 G63 (Arabian Gray/Black), 2018 911 GTS (Black/Black), 2024 Macan GTS (Black/Black)
I’m enjoying my 2024 Magno Copper Orange G63 and thinking about trading it in for a 2026 to give time for the 2025’s to get their bugs worked out.
How do you find a dealer or a private sale where you can save on the taxes by buying/selling at the same exact time to the same entity?
A dealer who offers the best trade in value would also be the one most likely to also have the highest ADM on a new purchase?
You’ve done it successfully multiple times in a row. In awe of your ability!
How do you find a dealer or a private sale where you can save on the taxes by buying/selling at the same exact time to the same entity?
A dealer who offers the best trade in value would also be the one most likely to also have the highest ADM on a new purchase?
You’ve done it successfully multiple times in a row. In awe of your ability!
You can also sell your current vehicle to an individual or wholesaler and reap the tax benefit. When I purchased my G63, I was planning to trade-in my RS7 but the dealership offered a lower price than expected. Instead, I sold the vehicle to a friend for $1500 more. The dealership passed the vehicle to a leasing company who then leased the car to my friend. I received the sales tax benefit. I may trade my 2023 G63 for a 2025 G63. I can either trade in the 2023 to the dealer or find a wholesaler who is willing to pay a higher price. In the latter scenario, it would also be a pass-through and I would receive the sales tax benefit. Sometimes the dealership will charge $500 for this transaction (not required for my RS7 transaction).
#10
You have to ask the dealer if they will hold the tax benefits for you. Some dealers are willing to do it and others are not.
Also some states will let you save on tax with a trade and some will not.
I've centered upon one dealer who does MSRP and gives realistic trade in values. I've bought my 2022 and 2024 from them and will get all future G's from them as well. I will no longer mess with other dealers who have low balled me on trade (i.e. offered me $175k on a $193k G63 with 3000 miles).
Also some states will let you save on tax with a trade and some will not.
I've centered upon one dealer who does MSRP and gives realistic trade in values. I've bought my 2022 and 2024 from them and will get all future G's from them as well. I will no longer mess with other dealers who have low balled me on trade (i.e. offered me $175k on a $193k G63 with 3000 miles).
#11
You do not need to trade in your current vehicle and purchase your next vehicle at the same time in order to take advantage of the sales tax savings. For example, you could sell your current vehicle anytime to take advantage of its high value and the dealership will "hold" the sales tax credit for purchase of your new vehicle. The only requirement is that both transactions occur at the same dealership.
You can also sell your current vehicle to an individual or wholesaler and reap the tax benefit. When I purchased my G63, I was planning to trade-in my RS7 but the dealership offered a lower price than expected. Instead, I sold the vehicle to a friend for $1500 more. The dealership passed the vehicle to a leasing company who then leased the car to my friend. I received the sales tax benefit. I may trade my 2023 G63 for a 2025 G63. I can either trade in the 2023 to the dealer or find a wholesaler who is willing to pay a higher price. In the latter scenario, it would also be a pass-through and I would receive the sales tax benefit. Sometimes the dealership will charge $500 for this transaction (not required for my RS7 transaction).
You can also sell your current vehicle to an individual or wholesaler and reap the tax benefit. When I purchased my G63, I was planning to trade-in my RS7 but the dealership offered a lower price than expected. Instead, I sold the vehicle to a friend for $1500 more. The dealership passed the vehicle to a leasing company who then leased the car to my friend. I received the sales tax benefit. I may trade my 2023 G63 for a 2025 G63. I can either trade in the 2023 to the dealer or find a wholesaler who is willing to pay a higher price. In the latter scenario, it would also be a pass-through and I would receive the sales tax benefit. Sometimes the dealership will charge $500 for this transaction (not required for my RS7 transaction).
When you say wholesaler, how do you find and contact this type of buyer?
If I sell the vehicle to one dealership, and purchase at a different dealership. How to make the transaction happen at only one of the two dealerships?
Last edited by SLS; 04-13-2024 at 02:13 PM.
#12
You have to ask the dealer if they will hold the tax benefits for you. Some dealers are willing to do it and others are not.
Also some states will let you save on tax with a trade and some will not.
I've centered upon one dealer who does MSRP and gives realistic trade in values. I've bought my 2022 and 2024 from them and will get all future G's from them as well. I will no longer mess with other dealers who have low balled me on trade (i.e. offered me $175k on a $193k G63 with 3000 miles).
Also some states will let you save on tax with a trade and some will not.
I've centered upon one dealer who does MSRP and gives realistic trade in values. I've bought my 2022 and 2024 from them and will get all future G's from them as well. I will no longer mess with other dealers who have low balled me on trade (i.e. offered me $175k on a $193k G63 with 3000 miles).
Last edited by SLS; 04-13-2024 at 02:22 PM.
#14
I guess I’m not understanding how to go about doing this.
It was complicated enough to find a dealer who would sell me the 2024 at a good price. Now, I have to find a dealer that will both buy my vehicle at a good price and sell me the replacement at a good price. It doesn’t seem like you can have it both ways.
Last edited by SLS; 04-13-2024 at 06:03 PM.
#15
I would just work on getting your 2025 secured and when it’s there then get offers on your 2024 and present them to the dealer you are buying from. They will likely not match them since they know you have tax savings built in but if its all equal to you it’s easier to trade and buy at the same dealer.
#16
To me, an electric G doesn't make sense. The whole thing for me is the "analog" styling (boxy design, famous door latches, body on frame design)...
Having said that, if you really want that, I would never buy a new model, especially an ALL NEW model right out of the gates. MB doesn't have a great track record on their EQ models so I'm not expecting the E-G to be any different.
Having said that, if you really want that, I would never buy a new model, especially an ALL NEW model right out of the gates. MB doesn't have a great track record on their EQ models so I'm not expecting the E-G to be any different.
#17
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From: Marineland FL
'25 EQG deposit, '23 MC20 Cielo, '20 Fat Boy
To me, an electric G doesn't make sense. The whole thing for me is the "analog" styling (boxy design, famous door latches, body on frame design)...
Having said that, if you really want that, I would never buy a new model, especially an ALL NEW model right out of the gates. MB doesn't have a great track record on their EQ models so I'm not expecting the E-G to be any different.
Having said that, if you really want that, I would never buy a new model, especially an ALL NEW model right out of the gates. MB doesn't have a great track record on their EQ models so I'm not expecting the E-G to be any different.