Trade value
Thread Starter
Newbie
Joined: May 2014
Posts: 9
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From: Wisconsin, Indiana, Florida
S550 Coupe, 2020 GLE450
Trade value
Does anyone think future trade in values on 2020 GLE’s might be impacted by this production disaster? If so then leasing might be a better option. Also I think the GLS is the better value if vehicle is loaded because although the basic price difference is $14k, several options are included on the
GLS that are additions to the GLE. That could bring the difference down under $9k with a higher GLS resale value.
GLS that are additions to the GLE. That could bring the difference down under $9k with a higher GLS resale value.
Senior Member
Joined: May 2019
Posts: 444
Likes: 125
From: New England
2020 GLE 450 AMG exterior
Does anyone think future trade in values on 2020 GLE’s might be impacted by this production disaster? If so then leasing might be a better option. Also I think the GLS is the better value if vehicle is loaded because although the basic price difference is $14k, several options are included on the
GLS that are additions to the GLE. That could bring the difference down under $9k with a higher GLS resale value.
GLS that are additions to the GLE. That could bring the difference down under $9k with a higher GLS resale value.
As for GLE vs. GLS, the difference in base price is really closer to $22k, between the GLE 350 and the GLS 450. If you want the AMG styling on the GLS, it's going to run you close to $100k for a base 580, which is still a good $15k-$20k more than a well-equipped GLE 450. Hard to say which will hold its value better, so I wouldn't base the choice between the two on resale value. The difference in price is significant enough that I'd really just consider how much car I need and my budget (I also happen to think the GLE with AMG styling looks better than either the GLS 450 or 580, but that's personal preference).
Thread Starter
Newbie
Joined: May 2014
Posts: 9
Likes: 0
From: Wisconsin, Indiana, Florida
S550 Coupe, 2020 GLE450
The difference is much less using the GLE 450 instead of 350. I’ve been waiting on my 2nd GLE450 order since early June and it is now on a train and should be available in a couple weeks. It came in around $82k. I also recently ordered a GLS450 not knowing when the GLE would arrive.
With a few additional options it was priced around $93k.
To get the 3rd row seating in the GLE would have been an
additional cost.. Not taking the AMG appearance packages it gets down to size - seats and cargo space. ‘I’m going to take the GLE rather than wait another 3 months on the GLS. If I had it to do over I would have ordered the GLS.
if I had
With a few additional options it was priced around $93k.
To get the 3rd row seating in the GLE would have been an
additional cost.. Not taking the AMG appearance packages it gets down to size - seats and cargo space. ‘I’m going to take the GLE rather than wait another 3 months on the GLS. If I had it to do over I would have ordered the GLS.
if I had
Out Of Control!!
Joined: Sep 2018
Posts: 14,690
Likes: 4,584
From: unbegrenzt
2017 GLE350 4MATIC
Consider other examples in history.
- BlueTec situation
- V8 head bolts
- V8 and V6 balance shaft experience
If the V167 launch is similar to any of the above, future resale values could follow a similar path as those examples.
- BlueTec situation
- V8 head bolts
- V8 and V6 balance shaft experience
If the V167 launch is similar to any of the above, future resale values could follow a similar path as those examples.
Senior Member
Joined: May 2019
Posts: 444
Likes: 125
From: New England
2020 GLE 450 AMG exterior
The difference is much less using the GLE 450 instead of 350. I’ve been waiting on my 2nd GLE450 order since early June and it is now on a train and should be available in a couple weeks. It came in around $82k. I also recently ordered a GLS450 not knowing when the GLE would arrive.
With a few additional options it was priced around $93k.
To get the 3rd row seating in the GLE would have been an
additional cost.. Not taking the AMG appearance packages it gets down to size - seats and cargo space. ‘I’m going to take the GLE rather than wait another 3 months on the GLS. If I had it to do over I would have ordered the GLS.
if I had
With a few additional options it was priced around $93k.
To get the 3rd row seating in the GLE would have been an
additional cost.. Not taking the AMG appearance packages it gets down to size - seats and cargo space. ‘I’m going to take the GLE rather than wait another 3 months on the GLS. If I had it to do over I would have ordered the GLS.
if I had
Are you comparing a base GLS 450 to a loaded GLE 450? If that’s the case, my guess (and it is just a guess) is that the loaded GLE would have a higher resale value (in terms of percentage of the original cost) than a base GLS, even allowing that the base GLS has some standard equipment that are optional on the GLE.
Again, I’m sure the salesmen here can provide better insight than I can.
MBWorld Fanatic!
Joined: Dec 2003
Posts: 1,283
Likes: 126
From: Central Coast, CA
2020 X7 xDrive40i, 2016 X3 sDrive28i
In my case I was going to order a GLE450 that priced out to be about $85k but instead I ordered the GLS450 which came out to $90k and the GLS had a few extras that I didn't have in my GLE450 build (such as massage seats). So I understand what he means by the GLS450 being a better value.
MBWorld Fanatic!
Joined: Apr 2019
Posts: 1,564
Likes: 455
From: Scottsdale AZ
2015 CLS 550 2015 ML 400 Previous 2020 GLB 250 2019 A 220 2005 ML 350 1989 300 E 2001 SL 500
Does anyone think future trade in values on 2020 GLE’s might be impacted by this production disaster? If so then leasing might be a better option. Also I think the GLS is the better value if vehicle is loaded because although the basic price difference is $14k, several options are included on the
GLS that are additions to the GLE. That could bring the difference down under $9k with a higher GLS resale value.
GLS that are additions to the GLE. That could bring the difference down under $9k with a higher GLS resale value.
Trading the car while still under warranty will net you a benefit. Plus, I think that Mercedes will be more open to exterior trim warranty claims on these cars because so many of them have been sitting.
The GLS because of it's lower numbers and bigger size will always resell better(until the next gas crunch!). I'm amazed at how much the older ones still bring on trade.
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Member
Joined: Jul 2016
Posts: 159
Likes: 31
From: Western NY
GLE 450 / E450 Cabriolet
In the short term I wonder if the trade in value is more as they are hard to get with the production delays? We had one of the first Volvo XC40's delivered in NY. It was our Florida car. We gave up on Florida and no longer needed 3 vehicles.
I took it to a dealer with 24 payments left on the lease to see what it would cost to get our of the car. After just 10 minutes they said give us the keys and we will pay off the lease, no charge! Wait, what? " Yes, these cars are so hard to get we can sell it for original MSRP".
Gave them the keys 2 days later and walked away. Car had 11,000 miles on it.
I took it to a dealer with 24 payments left on the lease to see what it would cost to get our of the car. After just 10 minutes they said give us the keys and we will pay off the lease, no charge! Wait, what? " Yes, these cars are so hard to get we can sell it for original MSRP".
Gave them the keys 2 days later and walked away. Car had 11,000 miles on it.
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