W213 AMG Discuss the W213 AMG - 2017 to present

Depreciation

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Old Mar 26, 2019 | 02:44 PM
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Depreciation

Just wondering how much this car will depreciate further after the upcoming facelift/new model. I have a 2018 model and know that we all have taken a depreciation hit once we walked out the dealership door. This is my first AMG model and have heard that these models depreciate quickly. (I got a quotation of 85k from CarMax). I am asking because if it takes a precipitous hit than I may trade it in for another car. (I realize cars are a never ending money pit, however I just want to lose less money).
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Old Mar 26, 2019 | 02:52 PM
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Once the 2019s came out with the heated steering wheel, 2018s took a plunge. Sell!!!!
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Old Mar 26, 2019 | 03:03 PM
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no need to wait for the facelift ... the moment you drive out of the dealer's parking lot, you already took a bath on the depreciation
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Old Mar 26, 2019 | 03:07 PM
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Just wondering what car you could have bought new (other than maybe a 911 and Tacoma) would have not taken a similar hit? You can't own a car like this and worry about those numbers.... but if it had been a wagon maybe you'd be a shade better
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Old Mar 26, 2019 | 03:10 PM
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I suspect in 10 years or more the difference will be small. As I plan to keep the car a while I'm not going to stress over it ;-)
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Old Mar 26, 2019 | 03:10 PM
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2018 E63S Wagon
Luckily, demand for the W213 is way hotter than the W212 was, a by-product of the leaps and bounds that were made between the two. (Anecdotally, I always liked the idea of the W212 AMG E wagon but it basically being a rolling time capsule of already well-worn 2010 Mercedes tech in a car that felt like it wasn't fully able to cope with what was being asked of it kept me away...the drivetrain felt too fast for the car). As a result, depreciation especially for wagons is much better than it was last-gen at this point. For example, I don't see an '18 E63 wagon for less than $100k, no matter the mileage. By contrast, a local Mercedes had a year old W212 with CCBs, LOADED that stickered for close to $130k about 4 years ago and they couldn't move it for $82k after a year and 10k miles. Ended up taking somewhere in the 70s after sitting on the lot for 6 months. TL;DR the W213 is in a different league than the 212 (the chassis finally feels like it keeps up with the drivetrain, feels like old M cars used to) and you can't really compare depreciation curves of the two.

I personally think the facelift won't move the needle meaningfully in either direction. The only reason it did with the 212 was because they added 4matic which quadrupled sales on its own.
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Old Mar 26, 2019 | 03:12 PM
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e63s
If you care about depreciation so much, take a lease for a few years and then return that at the end since it has $0.25/mile price for exceed miles you won't pay much.
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Old Mar 26, 2019 | 03:23 PM
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Originally Posted by 2020
Just wondering how much this car will depreciate further after the upcoming facelift/new model. I have a 2018 model and know that we all have taken a depreciation hit once we walked out the dealership door. This is my first AMG model and have heard that these models depreciate quickly. (I got a quotation of 85k from CarMax). I am asking because if it takes a precipitous hit than I may trade it in for another car. (I realize cars are a never ending money pit, however I just want to lose less money).
Look... If you trade your car in often then you should already know it depreciates fast. Also, CarMax is the lowballer capital of auto dealers. If you keep trading cars in then you will of course take hits on all ends. Best thing to do is buy what you want then keep hoarding them. If you do not have the space or wallet for that then you just keep taking the hits on trade it and not worry about it.
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Old Mar 26, 2019 | 04:04 PM
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These toys will depreciate a ton however you look at it. Best way to curb that is taking in a gently used CPO but you have to be patient till you find the right one. Finding a wagon is even harder.

Like others said if you keep it longer it’s less of an issue. I don’t think they’ll be depreciating extraordinarily however, like for example Audi S6/7s and RS7s, took a tremendous bath with the new model coming out the manufacturer is discounting brand new leftovers $15k plus whatever you can negotiate the dealer. So imagine trying to get out of a 1 or 2 year old one even with super low miles. I went through this getting out of my ‘17 S7.

MB is doing this for their AMG GT and GTC roadsters I guess so you can imagine if you owned one and wanna get out of it you’d take huge bath.

It’s all about what the market looks like and what the manufacturer is doing that indirectly screws the used car value. My ‘17 GLE63s was CPO with 13k miles and we got it for around $40k below what it had stickered for. This wasn’t an option for my ‘19 E63s wagon and I bit the bullet and bought new. It’s never an investment, and always a question of loss mitigation. Unless you’re buying a limited edition Ferrari or GT Porsche.
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Old Mar 26, 2019 | 05:47 PM
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3 years/30.000 miles your car residual is 56% Worst case scenario you lost 50% of the MSRP.

2016 E63 with $112000 MSRP is selling now CPO for $66k
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Old Mar 26, 2019 | 06:07 PM
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Originally Posted by 2020
I realize cars are a never ending money pit, however I just want to lose less money.
Really... drive it like you stole it. Or not. I took really good care of my '14 AMG wagon and got a decent premium over KBB. But for the money I "saved" vs selling a beater, I did miss out on using it as a daily driver, or for some of our road trips. You live once, so enjoy the trip.
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Old Mar 26, 2019 | 06:12 PM
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Originally Posted by Wassaby
3 years/30.000 miles your car residual is 56% Worst case scenario you lost 50% of the MSRP.

2016 E63 with $112000 MSRP is selling now CPO for $66k
The last year or two of a model before the new version are also hit hardest with the depreciation stick. Going forward will be harder to discern because the old E's were never as competitive against their contemporaries as the new model is.

But like everyone said, new cars are rarely investments unless you're going into limited models above $250k and even then...

Last edited by Carac; Mar 27, 2019 at 09:24 AM.
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Old Mar 27, 2019 | 08:57 AM
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Originally Posted by 2020
Just wondering how much this car will depreciate further after the upcoming facelift/new model. I have a 2018 model and know that we all have taken a depreciation hit once we walked out the dealership door. This is my first AMG model and have heard that these models depreciate quickly. (I got a quotation of 85k from CarMax). I am asking because if it takes a precipitous hit than I may trade it in for another car. (I realize cars are a never ending money pit, however I just want to lose less money).
Tbh brother... I knew walking out of the dealership I was losing 20k in value straight off the lot. It's a new car. I wouldn't have bought a new car if you're worried about that. I've had 3 different new cars within the last 2 years and I have regretted it every time (because of depreciation) but just something I've learned to accept.
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Old Mar 27, 2019 | 08:59 AM
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Originally Posted by 24Hours
Really... drive it like you stole it...................... You live once, so enjoy the trip.
While I disagree with the first part somewhat (take care of it, watch the break in period) I totally agree with the second part. Enjoy the car and if you are too worried about resale or depreciation then you might not should be in this type of car (think Tundra or Tacoma and hold for 1-1.5yrs).
But then you have an Alfa and an R8 in your collection. I don’t think I’d worry about the AMG.
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Old Mar 27, 2019 | 09:00 AM
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Originally Posted by BACnMercedes
While I disagree with the first part somewhat (take care of it, watch the break in period) I totally agree with the second part. Enjoy the car and if you are too worried about resale or depreciation then you might not should be in this type of car (think Tundra or Tacoma and hold for 1-1.5yrs).
But then you have an Alfa and an R8 in your collection. I don’t think I’d worry about the AMG.
If you don't plan to keep the car passed the warranty, drive it like you stole it hahahaha
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