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Buying G55 to hold me over until G63 - how bad will it be when I sell?

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Old 06-12-2012, 11:09 AM
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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?
Old 06-12-2012, 11:58 AM
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'10 G55, Challenge Stradale, 997.1 GT3, E63 Wagon
Patience grasshopper. If your concerned about losing money why not wait.
Old 06-12-2012, 11:59 AM
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I am just trying to gather a consensus about how much I'd lose - not if
Old 06-12-2012, 03:37 PM
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Old 06-12-2012, 04:18 PM
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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
Old 06-24-2012, 03:17 PM
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What year is the G55 you are getting for $110k?
Old 06-24-2012, 03:41 PM
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Old 06-24-2012, 03:43 PM
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Thx. I am currently looking at a white 2010 with 17k. Lowest I could get is 111k. Any thoughts?
Old 06-25-2012, 11:53 AM
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Originally Posted by miltonj12
Thx. I am currently looking at a white 2010 with 17k. Lowest I could get is 111k. Any thoughts?
Way too high, go elsewhere. Should be around 100K. Used to be a seller's market until MB made the G63 official. The G55 is now a buyer's market.

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.
Old 06-25-2012, 11:59 AM
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Thx! How much can I expect to lose per year now that 63 is out?
Old 06-25-2012, 12:04 PM
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Originally Posted by miltonj12
Thx! How much can I expect to lose per year now that 63 is out?
Although the G-class seems to retain its value better than other AMG cars, I would guess between 5 and 10K. I am no expert, just a guess.
Old 06-25-2012, 11:40 PM
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Old 06-26-2012, 12:21 AM
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Originally Posted by 13pauls
Buy my 2012 G550, 6k...edition select..115k msrp..
Thanks but I am really just looking for the 55
Old 07-05-2012, 06:50 PM
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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.
Old 11-14-2012, 02:55 AM
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Originally Posted by sinistersurge
I am just trying to gather a consensus about how much I'd lose - not if
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....
Old 11-14-2012, 02:57 AM
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Originally Posted by miltonj12
Thx. I am currently looking at a white 2010 with 17k. Lowest I could get is 111k. Any thoughts?
Same to you, not a dollar more than $100k unless it's a dealer and they are also including the extended warranty. The extension of course only has value if you find it valuable for your own long term use or to help improve resale value in the shorter term.

For $111k they ought to also include the maintenance plan.
Old 11-14-2012, 08:09 AM
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Originally Posted by jwestpro
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....
Good job reviving a 4 month old thread - now that is SILLY. Already have my G63 but that sure didn't stop you from posting a rude answer.
Old 11-14-2012, 01:10 PM
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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?
Old 11-14-2012, 01:24 PM
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Originally Posted by sinistersurge
Good job reviving a 4 month old thread - now that is SILLY. Already have my G63 but that sure didn't stop you from posting a rude answer.
Maybe you're too sensitive. My post was not at all rude but rather to the point. Sorry you took it the wrong way. I'm not your MB sales person who is just going to sit there massaging your ego.

You provide yet another clear example of where the stereotype "more money than brains" came from.

Last edited by jwestpro; 11-14-2012 at 05:11 PM.

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