2024 G63 trade in
Senior Member
Joined: Mar 2025
Posts: 406
Likes: 147
From: Toronto
2025 AMG G 63 SUV /// 2025 AMG GT 63 S E Performance 4 Door Coupé
In Canada, specifically Ontario, I drove a brand new nicely optioned 2023 G63 for 2 years that MSRP’d at 270K from my dealer. I ordered a 2025 and was given 220K trade in value, it had 19,000 miles/30,000 KM on it. So 50K - 18% depreciation.
Given standard vehicle depreciation rates are 20-30% in the first year and 10-20% the second year, then usually plateau based on vehicle demand the years moving forward… If we use 25%, the first year depreciation would be 68,000. Using 15% depreciation on the second year would be an additional 30,000.
So in line with vehicle depreciation standards, it should have lost 98,000 in value. Obviously there are many factors to consider when applying depreciation, I’m just using current standards. In my opinion, 18% is reasonable and shows that these trucks are desirable and hold their value above the normal average.
If the current G63 happens to be the last V8 for some reason, it’s quite possible the vehicle could hold its value or appreciate slightly, but not likely.
Hope this gives you some context!
Cheers
Given standard vehicle depreciation rates are 20-30% in the first year and 10-20% the second year, then usually plateau based on vehicle demand the years moving forward… If we use 25%, the first year depreciation would be 68,000. Using 15% depreciation on the second year would be an additional 30,000.
So in line with vehicle depreciation standards, it should have lost 98,000 in value. Obviously there are many factors to consider when applying depreciation, I’m just using current standards. In my opinion, 18% is reasonable and shows that these trucks are desirable and hold their value above the normal average.
If the current G63 happens to be the last V8 for some reason, it’s quite possible the vehicle could hold its value or appreciate slightly, but not likely.
Hope this gives you some context!
Cheers
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Senior Member
Joined: Mar 2020
Posts: 442
Likes: 110
From: North NJ
'22 Bentayga S / '25 Range Rover
Also, if anyone is looking for trade-in values, you can ping me, I can connect you with some MB dealers just to get you some ball park numbers. No obligations, I just work with a couple and know some people who can help. I'd trade mine back to a MB dealer, but just trying to get some cash out now.
Member
Joined: Mar 2023
Posts: 155
Likes: 31
E63
I just listed my G580, I know not the same, but just throwing it out there (see signature).
Also, if anyone is looking for trade-in values, you can ping me, I can connect you with some MB dealers just to get you some ball park numbers. No obligations, I just work with a couple and know some people who can help. I'd trade mine back to a MB dealer, but just trying to get some cash out now.
Also, if anyone is looking for trade-in values, you can ping me, I can connect you with some MB dealers just to get you some ball park numbers. No obligations, I just work with a couple and know some people who can help. I'd trade mine back to a MB dealer, but just trying to get some cash out now.
Senior Member
Joined: Mar 2020
Posts: 442
Likes: 110
From: North NJ
'22 Bentayga S / '25 Range Rover
Mostly just need cash out right now, so would sell it and lease something cheaper for now. I bought the car cash and have the title-in-hand. My wife doesn't love it for some reason too - although she's a die-hard MB person. But she has her own car, so not as big of a reason. I like the car overall though, 0 complaints with it.
Super Member
Joined: Jul 2005
Posts: 514
Likes: 69
From: Naples, FL
2025 AMG CLE53, 2025 Range Rover P550E, 2025 Ford F150 Raptor
Mostly just need cash out right now, so would sell it and lease something cheaper for now. I bought the car cash and have the title-in-hand. My wife doesn't love it for some reason too - although she's a die-hard MB person. But she has her own car, so not as big of a reason. I like the car overall though, 0 complaints with it.
Senior Member
Joined: Mar 2020
Posts: 442
Likes: 110
From: North NJ
'22 Bentayga S / '25 Range Rover
Yup, took a huge loss on the Taycan, taking a huge loss on the G580. Some things never change lol. To be fair, I know why she doesn't like it - it does ride very rough.
Senior Member
Joined: May 2021
Posts: 431
Likes: 167
From: Washington DC
G550
Senior Member
Joined: Mar 2020
Posts: 442
Likes: 110
From: North NJ
'22 Bentayga S / '25 Range Rover
@amelen Sorry to hear you are getting rid of your G580. What kind of depreciation are you looking at? Any regrets with getting the 580 over an ICE model? I know a lot of us have been eying the electric but ultimately couldn’t take the leap for various reasons.
Super Member
Joined: Feb 2006
Posts: 772
Likes: 261
How many miles on your car?
https://www.autotrader.com/cars-for-...ckType=listing
Last edited by haa; May 29, 2025 at 12:56 PM.
Member
Joined: Oct 2009
Posts: 159
Likes: 33
e92 ///M3
Senior Member
Joined: Mar 2020
Posts: 442
Likes: 110
From: North NJ
'22 Bentayga S / '25 Range Rover
I think the depreciation has gotten even worse with trade ins in the low-mid $140s. Delears are discounting the new ones over $20K and having a hard time moving the used ones with extra year unlimited mileage CPO warranty in the mid $150s
How many miles on your car?
https://www.autotrader.com/cars-for-...ckType=listing
How many miles on your car?
https://www.autotrader.com/cars-for-...ckType=listing
Member
Joined: Apr 2011
Posts: 230
Likes: 59
From: Houston, TX
24G63,21GT634DR, 17C63s, 08GL450
well this sucks. I have 235k 2024 with 4k miles. My CPA won’t let me sell it as it is tax benefit vehicle and i have to keep it for 5 years. I really wanted 2025 I guess I am stuck with it. I love my 2024 but hate the NTG 5.5. Wanted newer electronics. Only if I can retrofit.
Super Member
Joined: Feb 2006
Posts: 772
Likes: 261
Here is another example of a just listed Matte White edition 1 with 3000 miles only at $152K including the CPO warranty which actually costs the dealer more than $3000-$4000.
https://www.autotrader.com/cars-for-...ckType=listing
Senior Member
Joined: Mar 2020
Posts: 442
Likes: 110
From: North NJ
'22 Bentayga S / '25 Range Rover
Take it while you can! The trade in prices seem to be dropping more than $1500 a week! Only car I have ever seen depreciate as fast is the Taycan lol!
Here is another example of a just listed Matte White edition 1 with 3000 miles only at $152K including the CPO warranty which actually costs the dealer more than $3000-$4000.
https://www.autotrader.com/cars-for-...ckType=listing
Here is another example of a just listed Matte White edition 1 with 3000 miles only at $152K including the CPO warranty which actually costs the dealer more than $3000-$4000.
https://www.autotrader.com/cars-for-...ckType=listing
Senior Member
Joined: Mar 2020
Posts: 442
Likes: 110
From: North NJ
'22 Bentayga S / '25 Range Rover
