AMG resale value
08-01-2019, 12:46 PM
#27
MBWorld Fanatic!
The thing with AMG is that they lose their value rather quickly. I sold my 2013 performance pack for 35k after four years because most that looked at it didn't care for the Porcelano Napa leather interior on polar white exterior. Was a great car with no issues during ownership. Now the E63s sedan or wagon is the same unfortunately. But really, a Honda? I have one of three Edition 1 wagons in the U.S. but apparently it's not worth any more than any other wagon. I plan on keeping it for quite some time as it's very utilitarian while still being able to smoke just about anything on the road and, yes, I paid cash for mine. Is it a sound "investment?" Depends on what one means. I could have made more on stocks but stocks don't make me smile as when I drive this AMG which certainly does so I don't care about lost value as it's valuable to me.
i thought it was common knowledge that options don’t retain value well
08-01-2019, 02:28 PM
#28
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2022 Mercedes EQS 580
BTW The 911 is special in the porsche line up. If you look at Cayenne and Panamera models they depreciate a lot, just like cars like the E63.
Also in the Mercedes line-up the AMG GTS/GTC/GTR have held their value pretty well too similar to 911.
08-01-2019, 04:00 PM
#29
MBWorld Fanatic!
nicely said.
Vacation is financially a waste of money, drinking expensive wines is a waste of money and keep going. But for some of us we earned it and we enjoy it.
I enjoy my wagon every day and plan to keep it till I don't have any significant problems. Probably will add little convertible pCar to enjoy something different.
Vacation is financially a waste of money, drinking expensive wines is a waste of money and keep going. But for some of us we earned it and we enjoy it.
I enjoy my wagon every day and plan to keep it till I don't have any significant problems. Probably will add little convertible pCar to enjoy something different.
look at a rolls royce phantom, that's a $400k-$500k car
that sucker is going to depreciate just like an AMG or an ///M
so, yes, splurging for the $80 bottle of wine is bad because why not just drink $9 walmart box wine? splurging for the $2k or $30k bottle is bad too.
what i'm trying to convey is, yeah... AMGs are bad choices, but you can make a lot worse. if anything, AMG is "budget" / "bang for buck"
if sports cars were all $300k, these forums would be a whole lot quieter because a lot of us just couldn't play at that level.
08-02-2019, 11:34 AM
#30
Member
And obviously the car is worth more today than when I bought it. I don't think it was necessarily a good investment in that I'm sure the same amount of money invested in the market would have yielded a better result. But was a nice bonus in addition to the years of enjoyment.
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b0rderman (08-02-2019)
08-02-2019, 01:13 PM
#31
Senior Member
If I were to sell it today I'd probably ask for oh, maybe a paltry $50k Premium over a non Ed 1 wagon...…..Just Kidding! According to a rather knowledgeable person on this site who also has a nice collection of cars, the fact that it's an Ed 1 wagon probably wouldn't make it more valuable than a non Ed 1 variant. I've had a hard time finding information on the three of these wagons and my email to MB went unanswered. I guess a good appraiser would be able to determine if this particular wagon has any more value than a regular wagon of the same year but I don't plan on selling it for probably another three years so I'll find out then.
