G55 depreciation (in UAE)
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Joined: Nov 2008
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2009 C63 AMG
G55 depreciation (in UAE)
Does anyone in the UAE (or maybe neighbouring Gulf countries) have views on the typical annual depreciation that I could expect on a new G55 in the UAE?
The reason I ask is that I'm seriously considering buying the 2010 model, but have been shocked by the depreciation on the C63 that I bought from EMC in Abu Dhabi about 11 months ago. On the C63, it looks as if I've taken a hit of about 35% in the first year. I wouldn't want that to be the case for a G55 as well but maybe I'm being naive?
Your answers might help me to make a decision in terms of buying new vs used. Many thanks in advance.
The reason I ask is that I'm seriously considering buying the 2010 model, but have been shocked by the depreciation on the C63 that I bought from EMC in Abu Dhabi about 11 months ago. On the C63, it looks as if I've taken a hit of about 35% in the first year. I wouldn't want that to be the case for a G55 as well but maybe I'm being naive?
Your answers might help me to make a decision in terms of buying new vs used. Many thanks in advance.
MBWorld Fanatic!
Joined: Apr 2007
Posts: 2,027
Likes: 7
From: Orlando, FL
2026 AMG GT63 Pro
Does anyone in the UAE (or maybe neighbouring Gulf countries) have views on the typical annual depreciation that I could expect on a new G55 in the UAE?
The reason I ask is that I'm seriously considering buying the 2010 model, but have been shocked by the depreciation on the C63 that I bought from EMC in Abu Dhabi about 11 months ago. On the C63, it looks as if I've taken a hit of about 35% in the first year. I wouldn't want that to be the case for a G55 as well but maybe I'm being naive?
Your answers might help me to make a decision in terms of buying new vs used. Many thanks in advance.
The reason I ask is that I'm seriously considering buying the 2010 model, but have been shocked by the depreciation on the C63 that I bought from EMC in Abu Dhabi about 11 months ago. On the C63, it looks as if I've taken a hit of about 35% in the first year. I wouldn't want that to be the case for a G55 as well but maybe I'm being naive?
Your answers might help me to make a decision in terms of buying new vs used. Many thanks in advance.
If you input all the depreciation rates into excel by model and term and order rank based on the highest depreciation rates, all the AMG are at the top...
Good luck getting rid of it!
Super Member
Joined: Nov 2001
Posts: 882
Likes: 1
From: Dubai, United Arab Emirates
2013 G 63 AMG
There is a lot of demand for the G55 in the UAE, unlike most other AMG models which are available new with significant discounts. In general, the resale value for the G55 is also higher than other AMG models in the UAE, but having said that in general the depreciation of high end cars is quite high compared to other countries.
Junior Member
Joined: Jul 2009
Posts: 30
Likes: 0
From: Kuwait
2004 Land Cruiser, 2009 G55, 2013 C63 Black Series
@Hiper
That 10% sounds good and I wish it's the same here in Kuwait. When I was buying my 09 I came across some 08's online in Kuwait that were sold for more than 20% off the initial price. One of them is still for sale and it seems that no one is buying yet cause it's only about 15% off the new price.
If that 10% is true here, I'd trade my 09 for a 2010 model in a heart beat. It does seem to hold it's value better than most but not all 4x4s on the long run though here.
That 10% sounds good and I wish it's the same here in Kuwait. When I was buying my 09 I came across some 08's online in Kuwait that were sold for more than 20% off the initial price. One of them is still for sale and it seems that no one is buying yet cause it's only about 15% off the new price.
If that 10% is true here, I'd trade my 09 for a 2010 model in a heart beat. It does seem to hold it's value better than most but not all 4x4s on the long run though here.
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thanks there is one black with low mileage like around 9000km sold for 29500kd something like this he was the second owner of the car btw..
