G63 Values
#1
G63 Values
Dont seem like they are holding up well. Not really looking to sell but tested market with my 22 63 in arabian grey, 14k miles so driven only about 3-4k/year. Msrp 217k. Offered 160k and 165k by two wholesalers. That seems very low and definitely not worth the upgrade to a 2025 which has a mild hybrid for a 90k price difference. Just to get touch screen and other minor items. Minus the iwc watch which is a staple in the G’s
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dcarrer0 (10-04-2024),
tonygwagon (10-04-2024)
#2
Member
Joined: Mar 2020
Posts: 243
Likes: 33
From: North NJ
'21 Porsche Taycan Turbo / '25 Range Rover
Dont seem like they are holding up well. Not really looking to sell but tested market with my 22 63 in arabian grey, 14k miles so driven only about 3-4k/year. Msrp 217k. Offered 160k and 165k by two wholesalers. That seems very low and definitely not worth the upgrade to a 2025 which has a mild hybrid for a 90k price difference. Just to get touch screen and other minor items. Minus the iwc watch which is a staple in the G’s
#3
Dont seem like they are holding up well. Not really looking to sell but tested market with my 22 63 in arabian grey, 14k miles so driven only about 3-4k/year. Msrp 217k. Offered 160k and 165k by two wholesalers. That seems very low and definitely not worth the upgrade to a 2025 which has a mild hybrid for a 90k price difference. Just to get touch screen and other minor items. Minus the iwc watch which is a staple in the G’s
I don't think the jump from 2019-2024 G63 to 2025 is big by any means, but if you want to spec a G63 to your taste the new gen only way to do it, and I'm looking forward to the new MBUX system
#4
I don't think that's bad at all to be honest, noting wholesale prices are always going to be materially lower for a dealer/buyer to take the car off your hands and cut you a check/wire next day versus private party sale, consignment or trade-in against existing inventory.. and if you think that's bad stay away from nearly every other exotic or luxury car new north of $100k
I don't think the jump from 2019-2024 G63 to 2025 is big by any means, but if you want to spec a G63 to your taste the new gen only way to do it, and I'm looking forward to the new MBUX system
I don't think the jump from 2019-2024 G63 to 2025 is big by any means, but if you want to spec a G63 to your taste the new gen only way to do it, and I'm looking forward to the new MBUX system
Last edited by spourreza; 10-04-2024 at 06:10 PM.
#5
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Joined: Mar 2020
Posts: 243
Likes: 33
From: North NJ
'21 Porsche Taycan Turbo / '25 Range Rover
yah i get it. I own several supercars including mclaren and have a lambo on order so i am not unfamiliar with depreciation. My 2024 AMG gt53 and 2023 cls 450 have mbux and i am honestly not a fan. The touch screen also freezes… so mbux is what ev’s for me. So for me to jump, the key is the new pillars which lower wind noise… but i also dont like the console which removed the IWC watch. So its a mix bag. I figure, the options on my 22 will bring the 25 into the 250k category with a small markup above msrp. Just debating the price difference and the jump. I am surprised that with an msrp of 217k for my 2022 selling for 165k wholesale is almost 55k hit for a car thats 3 years old. For a G, thats worse than in the past. Note - i have owned 3 G63’s and this is the worse hit i have seen with any of my g63s. The market has softened alot…. Its obvious and that gives me some reason to pause and keep driving my 2022.
Last edited by amelen; 10-04-2024 at 06:21 PM.
#6
yah i get it. I own several supercars including mclaren and have a lambo on order so i am not unfamiliar with depreciation. My 2024 AMG gt53 and 2023 cls 450 have mbux and i am honestly not a fan. The touch screen also freezes… so mbux is what ev’s for me. So for me to jump, the key is the new pillars which lower wind noise… but i also dont like the console which removed the IWC watch. So its a mix bag. I figure, the options on my 22 will bring the 25 into the 250k category with a small markup above msrp. Just debating the price difference and the jump. I am surprised that with an msrp of 217k for my 2022 selling for 165k wholesale is almost 55k hit for a car thats 3 years old. For a G, thats worse than in the past. Note - i have owned 3 G63’s and this is the worse hit i have seen with any of my g63s. The market has softened alot…. Its obvious and that gives me some reason to pause and keep driving my 2022.
If I wasn't firmly set on speccing my own new, I would have definitely gone for a 2023/2024 for my 3rd G63.. btw trading in my 2021 G63 in 2023 with 12k miles, I took a big hit on that but nothing in comparison to trading in my two Cayenne Turbos I owned back to back just prior. Even your quoted wholesale values show they are still holding value fairly well even post-COVID bubble compared to nearly every other SUV out there, guessing roughly +10k for a trade-in or private party sale value
Look at Urus, Bentayga, Cullinan, Cayennes - could be way worse
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spourreza (10-04-2024)
#7
Seems like G63 values go disproportionately down after 1-2 model years and 10,000 miles on the clock. I'm hoping the 2025's will hold some value again but my days of upgrading annually may be over soon.
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spourreza (10-04-2024)
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#8
yah. I think you are right. I did what you did with my other two G’s. Not this one. And this version is fully loaded, great color etc…. Oh well… wasnt really iching to move from 2022 to 2025 anyway
#9
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Joined: May 2024
Posts: 86
Likes: 30
From: Bel Air
'24 G63; '24 Emira V6 (manual); '15 SLS AMG GT Final Edition
I'm in the same boat as you, @spourreza . I won't be upgrading my '24 anytime soon - not enough of a difference for me to pull the trigger. Most importantly, I've been extremely satisfied with my '24. More so than any other car I ever purchased. The biggest difference I see is the addition of the MBUX. Given the driver's sitting position in the G, however, a touch screen is a bit distracting and too far to reach, imho (I'm 6'3" with long arms but like adjusting my seat towards the back). The only reason I'm in the market for a '25 is because my wife wants one for herself. I spoke casually with my dealer when I was there talking about the '25, and they said they could give me $170k for my '24 if I traded it in. I said no thanks.
@Hodog16 has done extremely well in his trade-ins. He seems to get a new G63 every year. It must drive his insurance agent crazy... Congrats.
My guess is that before the AMG V8 for the G63 really goes out of production for MB, MB will announce a "final edition". At that time (whenever that may be), then I will consider trading in my '24 as I'm certain the "final edition" will incorporate all the best features of G63. This is just my line of thinking.
@Hodog16 has done extremely well in his trade-ins. He seems to get a new G63 every year. It must drive his insurance agent crazy... Congrats.
My guess is that before the AMG V8 for the G63 really goes out of production for MB, MB will announce a "final edition". At that time (whenever that may be), then I will consider trading in my '24 as I'm certain the "final edition" will incorporate all the best features of G63. This is just my line of thinking.
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spourreza (10-05-2024)
#10
I’m also in the same boat. I do have a 2025 G63 on order but still not sure if I will take delivery when it arrives next month. The only thing enticing me to upgrade is the new suspension. I couldn’t care less about MBUX which imo already looks outdated and I don’t buy a G for the tech. If I wanted that I would pick up an EV instead.
I’m also struggling to justify the higher MSRP and lower resale values in the current market. I sold my 2024 G63 for a profit and still have my 2021 G550 which I think was the best valued MY for a G wagon.
So we will see… Once the 2025 arrives I’ll just go with my gut but granted it is difficult to make a decision when you’re at the dealer sitting in a new build... lol
I’m also struggling to justify the higher MSRP and lower resale values in the current market. I sold my 2024 G63 for a profit and still have my 2021 G550 which I think was the best valued MY for a G wagon.
So we will see… Once the 2025 arrives I’ll just go with my gut but granted it is difficult to make a decision when you’re at the dealer sitting in a new build... lol
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AMGRonin (10-05-2024)
#11
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Joined: May 2024
Posts: 86
Likes: 30
From: Bel Air
'24 G63; '24 Emira V6 (manual); '15 SLS AMG GT Final Edition
I’m also in the same boat. I do have a 2025 G63 on order but still not sure if I will take delivery when it arrives next month. The only thing enticing me to upgrade is the new suspension. I couldn’t care less about MBUX which imo already looks outdated and I don’t buy a G for the tech. If I wanted that I would pick up an EV instead.
I’m also struggling to justify the higher MSRP and lower resale values in the current market. I sold my 2024 G63 for a profit and still have my 2021 G550 which I think was the best valued MY for a G wagon.
So we will see… Once the 2025 arrives I’ll just go with my gut but granted it is difficult to make a decision when you’re at the dealer sitting in a new build... lol
I’m also struggling to justify the higher MSRP and lower resale values in the current market. I sold my 2024 G63 for a profit and still have my 2021 G550 which I think was the best valued MY for a G wagon.
So we will see… Once the 2025 arrives I’ll just go with my gut but granted it is difficult to make a decision when you’re at the dealer sitting in a new build... lol
#12
I sold my 2024 a few months ago when the market was still hot. My dealer would be fine with finding another buyer if I decided to pass. They will just roll over my deposit to another build which is something I’ve done before. East coast dealers are way nicer than west coast ones… 🙂
#13
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Joined: May 2024
Posts: 86
Likes: 30
From: Bel Air
'24 G63; '24 Emira V6 (manual); '15 SLS AMG GT Final Edition
Agree 100%. West coast dealers/sales people are not your friends, even though they pretend to be. They just want your money and referrals. SoCal is by far the worst. The ADMs are unavoidable and always seem much higher than other states.
Congrats again on catching the market in the sale of your '24.
Congrats again on catching the market in the sale of your '24.
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tonygwagon (10-05-2024)
#14
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Joined: Mar 2020
Posts: 243
Likes: 33
From: North NJ
'21 Porsche Taycan Turbo / '25 Range Rover
Agree 100%. West coast dealers/sales people are not your friends, even though they pretend to be. They just want your money and referrals. SoCal is by far the worst. The ADMs are unavoidable and always seem much higher than other states.
Congrats again on catching the market in the sale of your '24.
Congrats again on catching the market in the sale of your '24.
#15
2) many dealers now have geographic restrictions on who they can sell desirable *allocations* to (only within territory), my Benz dealer will only sell local and same with my Porsche dealer
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AMGRonin (10-06-2024)
#16
Agree 100%. West coast dealers/sales people are not your friends, even though they pretend to be. They just want your money and referrals. SoCal is by far the worst. The ADMs are unavoidable and always seem much higher than other states.
Congrats again on catching the market in the sale of your '24.
Congrats again on catching the market in the sale of your '24.
#17
Member
Joined: Mar 2020
Posts: 243
Likes: 33
From: North NJ
'21 Porsche Taycan Turbo / '25 Range Rover
1) potential hassle, enclosed shipping cross country can be 3-4k+ and you'll have to deal with DMV on your own or use a 3rd party which will upcharge like hell
2) many dealers now have geographic restrictions on who they can sell desirable *allocations* to (only within territory), my Benz dealer will only sell local and same with my Porsche dealer
2) many dealers now have geographic restrictions on who they can sell desirable *allocations* to (only within territory), my Benz dealer will only sell local and same with my Porsche dealer
2) Depends - there are lots of dealers getting desirable allocations but are in GEO's where there isn't enough demand for it (it happened a ton with $200k Porsche EVs).
But yes, both good points.
Last edited by amelen; 10-06-2024 at 12:58 PM.
#18
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Joined: May 2024
Posts: 86
Likes: 30
From: Bel Air
'24 G63; '24 Emira V6 (manual); '15 SLS AMG GT Final Edition
1) potential hassle, enclosed shipping cross country can be 3-4k+ and you'll have to deal with DMV on your own or use a 3rd party which will upcharge like hell
2) many dealers now have geographic restrictions on who they can sell desirable *allocations* to (only within territory), my Benz dealer will only sell local and same with my Porsche dealer
2) many dealers now have geographic restrictions on who they can sell desirable *allocations* to (only within territory), my Benz dealer will only sell local and same with my Porsche dealer
In addition to the two points you raised, you also lose the priority treatment you would otherwise receive in SoCal if you bring your G to the service dpt at the same dealership you purchased your vehicle. Oh yeah, and they also won't give you a loaner unless you purchased the G from them.
#19
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Joined: Mar 2020
Posts: 243
Likes: 33
From: North NJ
'21 Porsche Taycan Turbo / '25 Range Rover
#20
Member
Joined: May 2024
Posts: 86
Likes: 30
From: Bel Air
'24 G63; '24 Emira V6 (manual); '15 SLS AMG GT Final Edition
This is an interesting point that I JUST ran into. I took my MB for service at a dealership that I did NOT purchase it from. They refused to give me a loaner even though they had them available because I didn't purchase my car there. Owning many cars and working with many brands, I have never seen something like that before. I brought up the issue to MB USA who said that it's a grey area and gave me a service voucher for the future for the inconvenience. I never had this issue with Porsche, Audi, BMW or any other brands where I often would buy from a dealership I work with and then would service at a local dealership.
Last edited by AMGRonin; 10-06-2024 at 05:44 PM.
#21
Geez you west coast guys have it bad! I take my G to a local dealer that is not the same one I purchased it from just because it’s a few miles closer to the office. Always get a loaner and “priority” service. I don’t even have to reserve one. They usually have a few extra ones in the back reserved for AMG owners.
#22
Member
Joined: Mar 2020
Posts: 243
Likes: 33
From: North NJ
'21 Porsche Taycan Turbo / '25 Range Rover
Geez you west coast guys have it bad! I take my G to a local dealer that is not the same one I purchased it from just because it’s a few miles closer to the office. Always get a loaner and “priority” service. I don’t even have to reserve one. They usually have a few extra ones in the back reserved for AMG owners.
#23
Member
Joined: May 2024
Posts: 86
Likes: 30
From: Bel Air
'24 G63; '24 Emira V6 (manual); '15 SLS AMG GT Final Edition
Yeah, CA is the worst - especially here in SoCal. There is a complete lack of service uniformity across dealerships. Each dealer and its service dept seem to be an independent franchisee. For us, we've just never known anything different as that has always been the way for MB here. I have a 2015 SLS AMG GT Final Edition (I purchased it brand new from my current dealership back in '15) that I alternate with my G63 as my daily driver. The SLS has a known incurrable quirk for burning through and dissipating oil every 1k miles or so. Earlier this year it happened while I was about 30 miles away from my usual dealer so I pulled up to another MB dealer/service shop that happened to be nearby, hoping for a quick fix. They refused to even do run diagnostics of my engine and told me to take it to my usual dealer. No biggie - I found a Pep Boys nearby and filled up the oil myself - problem solved. It's just something we MB owners are accustomed to here.
I guess we are all products of our own environment. I see folks on this blog pump their chests about how they won't ever pay, and have never paid, an ADM on moral principles. It's a good hill to stand on, but those people would go carless if they were in SoCal - or be driving Teslas... No offense, Tesla owners, but Tesla is the only brand I know that prohibits dealer markups from MSRP.
So as far as I can tell, here's the pecking order for SoCal Mercedes service departments when you bring in your MB:
1) AMGs, if you purchased yours from their dealership;
2) Mercedes (non-AMG), if you purchased yours from their dealership;
3) AMGs, if you purchased yours from another dealership; then
4) Mercedes (non-AMG), if you purchased yours from another dealership
I guess we are all products of our own environment. I see folks on this blog pump their chests about how they won't ever pay, and have never paid, an ADM on moral principles. It's a good hill to stand on, but those people would go carless if they were in SoCal - or be driving Teslas... No offense, Tesla owners, but Tesla is the only brand I know that prohibits dealer markups from MSRP.
So as far as I can tell, here's the pecking order for SoCal Mercedes service departments when you bring in your MB:
1) AMGs, if you purchased yours from their dealership;
2) Mercedes (non-AMG), if you purchased yours from their dealership;
3) AMGs, if you purchased yours from another dealership; then
4) Mercedes (non-AMG), if you purchased yours from another dealership
#24
Always interesting to see how vastly different the US markets are with ADM and service on these forums. Makes me appreciate my market area for sure! Brb, need to go buy my service advisor a bottle of bourbon… 😉
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AMGRonin (10-06-2024)
#25
Yeah, CA is the worst - especially here in SoCal. There is a complete lack of service uniformity across dealerships. Each dealer and its service dept seem to be an independent franchisee. For us, we've just never known anything different as that has always been the way for MB here. I have a 2015 SLS AMG GT Final Edition (I purchased it brand new from my current dealership back in '15) that I alternate with my G63 as my daily driver. The SLS has a known incurrable quirk for burning through and dissipating oil every 1k miles or so. Earlier this year it happened while I was about 30 miles away from my usual dealer so I pulled up to another MB dealer/service shop that happened to be nearby, hoping for a quick fix. They refused to even do run diagnostics of my engine and told me to take it to my usual dealer. No biggie - I found a Pep Boys nearby and filled up the oil myself - problem solved. It's just something we MB owners are accustomed to here.
I guess we are all products of our own environment. I see folks on this blog pump their chests about how they won't ever pay, and have never paid, an ADM on moral principles. It's a good hill to stand on, but those people would go carless if they were in SoCal - or be driving Teslas... No offense, Tesla owners, but Tesla is the only brand I know that prohibits dealer markups from MSRP.
So as far as I can tell, here's the pecking order for SoCal Mercedes service departments when you bring in your MB:
1) AMGs, if you purchased yours from their dealership;
2) Mercedes (non-AMG), if you purchased yours from their dealership;
3) AMGs, if you purchased yours from another dealership; then
4) Mercedes (non-AMG), if you purchased yours from another dealership
I guess we are all products of our own environment. I see folks on this blog pump their chests about how they won't ever pay, and have never paid, an ADM on moral principles. It's a good hill to stand on, but those people would go carless if they were in SoCal - or be driving Teslas... No offense, Tesla owners, but Tesla is the only brand I know that prohibits dealer markups from MSRP.
So as far as I can tell, here's the pecking order for SoCal Mercedes service departments when you bring in your MB:
1) AMGs, if you purchased yours from their dealership;
2) Mercedes (non-AMG), if you purchased yours from their dealership;
3) AMGs, if you purchased yours from another dealership; then
4) Mercedes (non-AMG), if you purchased yours from another dealership
Yes.. totally. We are gluttons for punishment here in SoCal