Buying G55 to hold me over until G63 - how bad will it be when I sell?
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wheels
Buying G55 to hold me over until G63 - how bad will it be when I sell?
I am considering buying a G55 with about 15,000 miles on it now. I think I can get it for $110,000 and I'd hold it for about 3-4 months until my G63 arrives. I will probably put 1,500 or 2,000 miles on it. Any ideas how much I'd lose when I sell it? Is $110,000 fair for a top condition black G55?
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993 TT
The advantage to buying one now is that you will find out just how harsh these trucks are to drive. Lots of squeeks, bumps, and minimal refinement. There is a reason there are always quite a few of these on the for sale block. Some folks just want a more comfortable ride. So you may not like it. On the flip side, no one has really experienced and wheel time in the new G63 so while I assume the interior bits and overall feel is improved I doubt highly the cars overall personality has changed much.
tl;dr - I would just assume 10k of transaction costs between buying / selling / taxes, etc.. Post pics if you buy
tl;dr - I would just assume 10k of transaction costs between buying / selling / taxes, etc.. Post pics if you buy
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2011 G55
To contrast: a 2011 magno night black G55 with 3K miles was listed at 119K in a MB dealer in Boston recently. They accepted 115K and could have gone down more.
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2011 G55
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corvette
I would hold off for sure.
The G class is a strange ride. Back in 02 I paid 72k for mine. It dropped about 25k the first year I had. Second year about 15. Going by what they offered for it on trade for E55. Where showing 30 ish for it with 30k miles. I said heck with that and kept it. Sold It 5 years later 28k. But by that point it had 125k miles. Now we are in 2012 and those early years are still 20+ rides.
However the amg cars across the line of mb seem to take a bigger hit. Also keep in mind that the very few customers that want a G55 or 63 are slim, and if they have the money to to do it they will not want a new " old" version.
Jump on line and glance at a 06 S65 vs 07. Or SL, cl etc. Granted they have huge body style make overs that the g will never have, but for the one that buy them they are not interested in the new old stuff.
The G class is a strange ride. Back in 02 I paid 72k for mine. It dropped about 25k the first year I had. Second year about 15. Going by what they offered for it on trade for E55. Where showing 30 ish for it with 30k miles. I said heck with that and kept it. Sold It 5 years later 28k. But by that point it had 125k miles. Now we are in 2012 and those early years are still 20+ rides.
However the amg cars across the line of mb seem to take a bigger hit. Also keep in mind that the very few customers that want a G55 or 63 are slim, and if they have the money to to do it they will not want a new " old" version.
Jump on line and glance at a 06 S65 vs 07. Or SL, cl etc. Granted they have huge body style make overs that the g will never have, but for the one that buy them they are not interested in the new old stuff.
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Joined: Apr 2009
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From: Seattle, WA - Raleigh, NC
07 LR LR3 modified, 08 Audi S4 Avant 6spd, 08 535xiT6spd
I wouldn't pay a $ more than $100k for a 2011 whether it has 30k miles or 5k. It has become the most recent "old" G. As you are surely aware, they've basically been identical for 2010 and 2011 so you might also find yourself "biding your time" just fine a 2010, push that purchase price down to about $95k. Then don't worry at all about resale but get rid of it before any talk of the 2014 is starting to rumor.
For a few years the 2008 G55 was a strong resale at $80+ but now they are littering the sale websites and lingering for months dropping into low 70's, and still sitting there.
The 2009 G55 got the first ventilated seats and some silly styling cues that remained through 2012 on the G550.
Your question is sort of a silly one because nobody has the answer. I think you are asking the wrong question. It should be: How little can I pay for a 2010 or 2011 G55? In 6 months you will be selling against a market of used G63....
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From: Seattle, WA - Raleigh, NC
07 LR LR3 modified, 08 Audi S4 Avant 6spd, 08 535xiT6spd
For $111k they ought to also include the maintenance plan.
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wheels
You ought to know this: Be smart on the purchase now and you won't be here worrying about the sale later. simple.
I wouldn't pay a $ more than $100k for a 2011 whether it has 30k miles or 5k. It has become the most recent "old" G. As you are surely aware, they've basically been identical for 2010 and 2011 so you might also find yourself "biding your time" just fine a 2010, push that purchase price down to about $95k. Then don't worry at all about resale but get rid of it before any talk of the 2014 is starting to rumor.
For a few years the 2008 G55 was a strong resale at $80+ but now they are littering the sale websites and lingering for months dropping into low 70's, and still sitting there.
The 2009 G55 got the first ventilated seats and some silly styling cues that remained through 2012 on the G550.
Your question is sort of a silly one because nobody has the answer. I think you are asking the wrong question. It should be: How little can I pay for a 2010 or 2011 G55? In 6 months you will be selling against a market of used G63....
I wouldn't pay a $ more than $100k for a 2011 whether it has 30k miles or 5k. It has become the most recent "old" G. As you are surely aware, they've basically been identical for 2010 and 2011 so you might also find yourself "biding your time" just fine a 2010, push that purchase price down to about $95k. Then don't worry at all about resale but get rid of it before any talk of the 2014 is starting to rumor.
For a few years the 2008 G55 was a strong resale at $80+ but now they are littering the sale websites and lingering for months dropping into low 70's, and still sitting there.
The 2009 G55 got the first ventilated seats and some silly styling cues that remained through 2012 on the G550.
Your question is sort of a silly one because nobody has the answer. I think you are asking the wrong question. It should be: How little can I pay for a 2010 or 2011 G55? In 6 months you will be selling against a market of used G63....
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From: EURO Style
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I dont see the point in buying pretty much the same truck resulting in a loss of cash and a pretty significant one too for only 2000miles. It just doesnt add up to me. Is it that hard to wait 3 months?
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From: Seattle, WA - Raleigh, NC
07 LR LR3 modified, 08 Audi S4 Avant 6spd, 08 535xiT6spd
You provide yet another clear example of where the stereotype "more money than brains" came from.
Last edited by jwestpro; Nov 14, 2012 at 05:11 PM.
