G Class (W465/W463A) W463 Produced 2019-2024: G550, G63 AMG W465 Produced 2025-

G Wagons Not Selling at Auction

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Old Jun 11, 2024 | 03:32 PM
  #26  
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2025 G63
Originally Posted by Hodog16
That’s not a good spec. Piano black trim and no quilted seats.

Love the color though but not brave enough for resale.
Yeah piano black attracts a lot of dust and scratches up quite easily. Curious to know how you would rank the different trims.
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Old Jun 11, 2024 | 05:17 PM
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Any dealer with inventory is likely asking too much.

Originally Posted by grewal
Yeah piano black attracts a lot of dust and scratches up quite easily. Curious to know how you would rank the different trims.
Resale-wise it's carbon fiber then everything else. I guess the black ash wood trim would be second? Metal weave gets a carbon-like look for free but it's not as desired for whatever reason. It is extremely rare to see light brown zen wood, and I can't remember if I've ever seen a car with brown ash trim.

I've spec'd black ash wood trim and carbon fiber, and have had one with piano black. I actually prefer the black ash wood trim above carbon fiber, but I get the carbon fiber's appeal. I just think $3700 is a lot to pay for just trim which I know sounds odd buying a G63.
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Old Jun 11, 2024 | 06:27 PM
  #28  
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My take is that all the people who wanted a new '24 have either purchased one or are otherwise on the fence between a '24 or a '25. As for why the few units sitting at dealerships aren't moving, it's because the dealers understand of the current market better than us and refuse to lower the ADM. I spoke with my SR because I am waiting for a '25 for my wife. He told me at this time that they don't even know what the MSRP will be for a '25 G63, but said "off the record" he's anticipating somewhere between $205k to $225k base - without any options. As for the ADM, he's anticipating a barest minimum of $50k but said 6 figures is much more likely. Please note that I live in SoCal where ADM is a way of life, so please no comments from those of you on how you were able to get yours at MSRP (probably because you happen to live in a country/state/county that limits or otherwise prohibits ADMs on new vehicles sold by dealerships).

Going back, the dealers know that once the MSRP is released (plus the applicable ADM) for the '25s, the '24 models will be a HUGE bargain even with its current ADM. The Px difference, based on my estimation, will be well over $50k. This is why dealers are not budging on the '24's price right now and there appears to be inventory. My take is that this is artificial and will be short lived.

In summary, I think it's way too early/soon to try to examine where the used-car market is for the '23's and '24's simply because the main moving part, which is the MSRP for the '25's, remain undetermined.

Besides, isn't BAT historically regarded as a medium for sellers of last resort?
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Old Jun 11, 2024 | 06:28 PM
  #29  
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Five More W463A No-Sales in the Last Month

Originally Posted by Times Two
Mercedes-Benz of Beaverton (OR) has five G63s that have been sitting on their lot for quite some time now, could it just be a dealer hard on markups? Or is it really a market shift on modern G-Klasses in the US?
Five more no-sales in the last month on BAT alone. Flippers who were caught by the market turning lower? It appears that game is over.

https://bringatrailer.com/listing/20...enz-g63-amg-3/

https://bringatrailer.com/listing/20...-amg-g63-14-2/

https://bringatrailer.com/listing/20...cedes-amg-g63/

https://bringatrailer.com/listing/20...s-amg-g63-amg/

https://bringatrailer.com/listing/20...s-amg-g63-2-4/

With all these no-sales occurring each month, the market does seem to be shifting.

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Old Jun 11, 2024 | 07:00 PM
  #30  
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Originally Posted by ddatin
Five more no-sales in the last month on BAT alone. Flippers who were caught by the market turning lower? It appears that game is over.

https://bringatrailer.com/listing/20...enz-g63-amg-3/

https://bringatrailer.com/listing/20...-amg-g63-14-2/

https://bringatrailer.com/listing/20...cedes-amg-g63/

https://bringatrailer.com/listing/20...s-amg-g63-amg/

https://bringatrailer.com/listing/20...s-amg-g63-2-4/

With all these no-sales occurring each month, the market does seem to be shifting.
Kindly see my above post from today. I respectfully disagree with your assessment for the reasons set forth therein. It's way too premature to make a determination on the market condition - at least for the '23's and '24's - because such a market simply won't exist until the final pricing of '25 G63s are solidified and released. Reminder we are still in Year 2024...
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Old Jun 13, 2024 | 06:34 PM
  #31  
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Ive had this one a couple weeks and not getting too much action....

https://www.mbofrichmond.com/invento...c7hj2nx450370/

I originally had it listed for over 200k... dunno..
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Old Jun 13, 2024 | 09:21 PM
  #32  
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G550
Originally Posted by Shahul.Usman@MBofRichmond
Ive had this one a couple weeks and not getting too much action....

https://www.mbofrichmond.com/invento...c7hj2nx450370/

I originally had it listed for over 200k... dunno..
Probably due to that awful red interior. I know a lot of people like it, but never really been a fan of it myself. Otherwise looks like a solid configuration.
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Old Jun 14, 2024 | 11:41 AM
  #33  
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Sorry #Shahul.Usman@MBofRichmond, but I unfortunately have to agree with #tonygwagon. Red leather interior can be a polarizing color. To each his own, but I'm a plain guy and opted for my '24 the "Exclusive Interior Package" with black diamond leather seats. For me personally, red leather goes extremely well only with classic convertibles from the '50s/'60s, such as the 190SL or the Austin Healey MK. For whatever reason, most of the newer G's I see in my area have the red leather interior, which I'm guessing may be a fad but may eventually affect their resale value.

Potential buyers may be waiting for the final pricing of the '25 to be released, which I'm guessing they will be in for a sticker shock once options and ADMs are tabulated. #Shahul.Usman@MBofRichmond, you are asking for an extremely fair price for a solid car and configuration (the red leather aside , but that's just a "me thing"). I would just be patient and wait it out. I'm sure the right buyer will come along. Good luck in your sale!
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Old Jun 14, 2024 | 02:00 PM
  #34  
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I think red's fine for an interior color, having had two of them (although I don't recommend red on red any more--I was able to do fine with that because it was peak market).

Probably what hurts more is the car is 2 model years old and has almost 15,000 miles.

The manager at my dealer told me there are two sets of buyers of G63's. One set wants only new but is willing to take like new if it means they can have it today. They are willing to pay to play.

Once a car gets a few model years old or has over 10,000 miles, those buyers aren't interested, so you move into another set of buyers who want to pay less.

Based on how quickly they told my last two trades for $10-15k over sticker, I believe this theory.
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Old Jun 14, 2024 | 05:15 PM
  #35  
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2021 Night Black Magno G63
A 2023 G63 with 2300 miles and a $197,710 msrp just sold for $182k today:

https://bringatrailer.com/listing/20...des-amg-g63-5/
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Old Jun 14, 2024 | 06:23 PM
  #36  
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I'm in agreement that the market is cooling, but it's always useful to factor in the buyer's premium for auctions. For BaT it's 5% or $7500 max. Puts it at just under $190k. Still feels like a pretty good deal!
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Old Jun 14, 2024 | 08:27 PM
  #37  
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This G Wagon actually sold for less than you think

Originally Posted by achatgrau
I'm in agreement that the market is cooling, but it's always useful to factor in the buyer's premium for auctions. For BaT it's 5% or $7500 max. Puts it at just under $190k. Still feels like a pretty good deal!
If other costs, such as auction fees, are used to determine total price, then an interesting economic factor is that the total price of this G Wagon was actually $15,652 less than it appears. (8.6% x $182k)

After reading the auction details, the buyer is from Arizona and pays zero sales tax on private party sales so he saves $15,652 on the purchase.

He definitely had a competitive advantage in the auction and I'm sure his wife is going to love the vehicle.
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Old Jul 31, 2024 | 06:24 PM
  #38  
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Seven more "No Sales" in a row since last post

Just checked BAT and there are seven more "No Sales" in a row since the last post.

W463As, and a few others like the 911, are that last to fall but Jay Powell's magic eventually works on all.

https://bringatrailer.com/listing/20...enz-g63-amg-3/
https://bringatrailer.com/listing/20...-benz-g63-amg/
https://bringatrailer.com/listing/20...-benz-g550-19/
https://bringatrailer.com/listing/20...es-amg-g63-33/
https://bringatrailer.com/listing/20...es-amg-g63-34/
https://bringatrailer.com/listing/20...es-amg-g63-30/
https://bringatrailer.com/listing/20...es-amg-g63-31/

Some auction participants are reporting dealers selling new G Wagons under list now.

ama74 This author's likes: 1,515I Would have taken the cash and run…that’s what this car is worth. Dealer in South FL are offering at discount
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Old Aug 1, 2024 | 12:25 AM
  #39  
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Lightbulb

Originally Posted by ddatin
Just checked BAT and there are seven more "No Sales" in a row since the last post.

W463As, and a few others like the 911, are that last to fall but Jay Powell's magic eventually works on all.

https://bringatrailer.com/listing/20...enz-g63-amg-3/
https://bringatrailer.com/listing/20...-benz-g63-amg/
https://bringatrailer.com/listing/20...-benz-g550-19/
https://bringatrailer.com/listing/20...es-amg-g63-33/
https://bringatrailer.com/listing/20...es-amg-g63-34/
https://bringatrailer.com/listing/20...es-amg-g63-30/
https://bringatrailer.com/listing/20...es-amg-g63-31/

Some auction participants are reporting dealers selling new G Wagons under list now.
This dealer group (they have 5 MB stores) currently shows they have 70 (SEVENTY!? Do they really have all those sitting on their lots?) 2024 G-wagons available. Most are G63's but handful are G550's. No prices are listed but I'd imagine with that volume they're selling with low ADM's or no ADM's at all....

https://www.envisionmotors.com/inven...ateinstock-asc


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Old Aug 1, 2024 | 09:59 AM
  #40  
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Originally Posted by MayhemD90
This dealer group (they have 5 MB stores) currently shows they have 70 (SEVENTY!? Do they really have all those sitting on their lots?) 2024 G-wagons available. Most are G63's but handful are G550's. No prices are listed but I'd imagine with that volume they're selling with low ADM's or no ADM's at all....
If they really have that many, it's only one of two things most likely. 1. They are pre-sold. If not that, then 2. They still have an out-of-touch-with-reality ADM.
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Old Aug 1, 2024 | 10:31 AM
  #41  
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Originally Posted by MayhemD90
This dealer group (they have 5 MB stores) currently shows they have 70 (SEVENTY!? Do they really have all those sitting on their lots?) 2024 G-wagons available. Most are G63's but handful are G550's. No prices are listed but I'd imagine with that volume they're selling with low ADM's or no ADM's at all....

https://www.envisionmotors.com/inven...ateinstock-asc


Some of the photos look like duplicates. 70 is ALOT.
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Old Aug 1, 2024 | 12:57 PM
  #42  
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Originally Posted by MayhemD90
This dealer group (they have 5 MB stores) currently shows they have 70 (SEVENTY!? Do they really have all those sitting on their lots?) 2024 G-wagons available. Most are G63's but handful are G550's. No prices are listed but I'd imagine with that volume they're selling with low ADM's or no ADM's at all....

https://www.envisionmotors.com/inven...ateinstock-asc
Highly improbable they have that many in their inventory. It would likely make them the largest new G63's dealer in the world... When I purchased my '24 a few months ago, I found a dealer that listed 8 G63's on its website (1 with my specs). I drove out to their location which was over an hour away, only to be told they have no G63's on the premises as they have all been "recently sold". I was like WTF?

When I finally located one to my specs at a local dealer, I asked my sales rep about why some other dealers seem to list non-available G63s on their websites. He told me MB is fairly loose in what dealers can list on their websites, other than a ban on advertising below MSRP. My sales rep was laughing and told me it's a sales strategy by those dealers to just get you physically in their door so they can sell you a car - any car. As such, they list all G class that they have sold and those that were preordered but in transit. In your case, I doubt they are "in transit" because '24's had a very limited run and production ended several months ago.

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Old Aug 1, 2024 | 01:36 PM
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Another factor could be the fact that they are '24s and the refreshed '25s are arriving soon. We are 6 model years into the current design.
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Old Aug 1, 2024 | 02:07 PM
  #44  
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Originally Posted by 300SE1993
Another factor could be the fact that they are '24s and the refreshed '25s are arriving soon. We are 6 model years into the current design.
I know the '25 refreshes are on the horizon, but ummmm.... 70 (that's "seventy") new '24 G63's on their lots???
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Old Aug 1, 2024 | 06:10 PM
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Originally Posted by 300SE1993
If they really have that many, it's only one of two things most likely. 1. They are pre-sold. If not that, then 2. They still have an out-of-touch-with-reality ADM.
I'm guessing most or all are pre-sold but the "70" figure hasn't dropped and presumably that figure would decrease as units are delivered/picked-up.

Originally Posted by places
Some of the photos look like duplicates. 70 is ALOT.
The photos that appear to be duplicates or similar do have separate VINs so this does appear to be 70 unique units. No doubt 70 is a boat ton!
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Old Aug 1, 2024 | 07:26 PM
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2025 G 63
Originally Posted by MayhemD90
I'm guessing most or all are pre-sold but the "70" figure hasn't dropped and presumably that figure would decrease as units are delivered/picked-up.



The photos that appear to be duplicates or similar do have separate VINs so this does appear to be 70 unique units. No doubt 70 is a boat ton!
I seriously doubt they have 70 unsold G 63’s sitting around unsold.
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Old Aug 1, 2024 | 09:00 PM
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That dealer group is in Southern California, I'm sure they know what they are doing with that market.
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Old Aug 2, 2024 | 01:27 PM
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Originally Posted by Hodog16
That dealer group is in Southern California, I'm sure they know what they are doing with that market.
Ha ha! I'm in SoCal and have no idea what this dealer is doing. 70 '24 G-class vehicles available - whether on the lot or in shipment - is simply not believable. I don't even mind the photos not matching the actual vehicles because they always attach a disclaimer, but I'm personally unaware of any dealer in SoCal that has even sold 70 G-class units in a single year.
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Old Aug 2, 2024 | 01:33 PM
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Originally Posted by AmyC
Ha ha! I'm in SoCal and have no idea what this dealer is doing. 70 '24 G-class vehicles available - whether on the lot or in shipment - is simply not believable. I don't even mind the photos not matching the actual vehicles because they always attach a disclaimer, but I'm personally unaware of any dealer in SoCal that has even sold 70 G-class units in a single year.
That’s why I said, I don’t believe they have 70 G’s sitting around unsold.
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Old Aug 2, 2024 | 02:03 PM
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This is especially interesting, because as of today, 300+ 2025 G 550s are now at dealers and ready to sell across the United States.
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