GLS Class (X167) Produced 2020 to present

Used Car Prices

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Old Jul 7, 2023 | 08:49 PM
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Lexus ES350
Used Car Prices

Hi

I’m one of those who admire the GLS from afar. A black one just makes me smile, every single time.

I usually buy a 3yo to save on depreciation, but the pandemic has altered the game a bit.

I’ve been watching the prices of used 580’s and they’re just not shifting (I’m in the US SE). Some cars have dropped $10k and they still haven’t sold. Not sure what the bottom is. Interest rates are to high to make it worthwhile.

Most people here are owners, but has anyone else noticed this?
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Old Jul 7, 2023 | 09:16 PM
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2017 GLE350 4MATIC
Cast your search net wider. I bought a CPO Porsche from a dealer 2,400 miles away. Fully satisfied with the transaction and vehicle.

If you let the seller know that you know the market, they will be more inclined to negotiate. Post a request on this site for recent Manheim (wholesale) transactions. Retail is roughly 10% higher than wholesale, but this is just a guide.

Be willing to travel to buy the car or to buy it sight unseen. Ask for extra photos and a walk around video. Wire the cash, pay for vehicle transportation, and it arrives in your driveway. Easy.

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Old Jul 7, 2023 | 11:35 PM
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GLC EQB GLS C300 convertible
get an inspector if u buy the car remotely
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Old Jul 8, 2023 | 07:13 AM
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From *** Automotive. Prices are down from one year ago. More charts available suggesting used car sales:

- sales volume is down
- prices are down
- days of inventory are down, but elevated
- new vehicle supply is better (more inventory, more days of inventory, incentives increasing)

Anecdotally, G-Wagen prices are softening, read the W463 section for a recent thread.





Last edited by chassis; Jul 8, 2023 at 07:19 AM.
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Old Jul 9, 2023 | 03:02 PM
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2024 S580
I just stopped by my dealer, inventory is definately sitting on their lot way longer. All the new GLS's we drove 3 weeks ago are still there, including a used 2022 in a nice spec, the GLSs still have ADMs on the windows, but the new GLEs in stock don't. Wait a while, the softening is happening.
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