AMG resale value
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M8 convert + model Y
AMG resale value
Want to hear opinions why AMG cars (and M as well) loosing so much in first year of ownership comparing with Porsche.
example:
SL63AMG loaded costs 170K, 110K after 1 year.
911 similar 170K, 150K after 1 year.
example:
SL63AMG loaded costs 170K, 110K after 1 year.
911 similar 170K, 150K after 1 year.
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2018 E63S
Resale is simply supply and demand. Add other factors such as cost of ownership, reliability etc and that also affect resale. The market is heavily saturated with German luxury cars in general. A huge percentage of them are leased which creates a ample supply of cheap used ones. This goes back to supply and demand and drives down the resale value. It’s also not just the first year, they continue to depreciate rapidly, year after year.
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GT63S ePerformance 4dr, '25 Bentayga Black Ed.(wife), Wrangler and 250 MLB(kids)
SL is long in the tooth, outdated and in need of a restyle, was never as attractive as all previous generations used to be (and which enjoyed a pretty good resale).
911 is still a benchmark among sports cars and still in demand, even with being overproduced lately.
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M8 convert + model Y
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2018 W213 E 63 S AMG Sedan
I just made a post about this not too long ago. Kind of. Mine was more in regards to leasng.
$115k 2018 M5s are already going for $86k asking, which I'd imagine could be brought down with little to no effort.
I see a $121k 2018 E63S sedan going for $82k asking. I'd eat my hat if that wouldn't go for $78k-$80k out the door. Although this listing may be the outlier. There are many more in the $84k-90k range.
1st year depreciation = from $120k to $80k = $40k = 33%.
You can get a 2015 F10 M5 with 40k-50k miles on it for $40k asking. Assuming $120k sticker, that's $80k of depreciation from 2015 to 2019, aka 66% in 4 years.
$115k 2018 M5s are already going for $86k asking, which I'd imagine could be brought down with little to no effort.
I see a $121k 2018 E63S sedan going for $82k asking. I'd eat my hat if that wouldn't go for $78k-$80k out the door. Although this listing may be the outlier. There are many more in the $84k-90k range.
1st year depreciation = from $120k to $80k = $40k = 33%.
You can get a 2015 F10 M5 with 40k-50k miles on it for $40k asking. Assuming $120k sticker, that's $80k of depreciation from 2015 to 2019, aka 66% in 4 years.
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Joined: Jun 2018
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From: WA
e63s
@Mandarin is there an app to view auction results?
Or are you in the trade and getting this off Adesa / Manheim portals?
would be curious to see the same info for wagons only
Or are you in the trade and getting this off Adesa / Manheim portals?
would be curious to see the same info for wagons only
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2018 E63S Wagon
A combination of a couple things. The average person barely uses the modest horsepower their turbo 4-cylinders and diesels make, let alone feel the need to buy 500-600hp gas-guzzling versions. And despite what it looks like on these forums, the average household doesn't make enough to support the purchase of an AMG over basic transportation. Hence the low demand in the big scheme of things. Another factor is that we're heavily conditioned to expect steep depreciation on German luxury vehicles, so people hold off on purchasing anything close to retail on used models. In short, cars are depreciating assets, AMGs just do everything faster, including depreciating.
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From: Austin, Texas
W213 AMG 2019 E63S Wagon
Love this topic.. and have always been value minded... so if you bought this as your dream car, what is worse, taking the awful depreciation at 1, 2 or 3 years? Or deciding to keep it for 10 or 15 or more? If it is way riskier to keep for 10 than to lose half in 2 years please advise! Interested in all thoughts!
Last edited by Pioneer222; Jul 31, 2019 at 04:27 PM.
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From: Twin Cities
Too many to list
Love this topic.. and have always been value minded... so if you bought this as your dream car, what is worse, taking the awful depreciation at 1, 2 or 3 years? Or deciding to keep it for 10 or 15 or more? If it is way riskier to keep for 10 than to lose half in 2 years please advise! Interested in all thoughts!
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From: WA
e63s
Love this topic.. and have always been value minded... so if you bought this as your dream car, what is worse, taking the awful depreciation at 1, 2 or 3 years? Or deciding to keep it for 10 or 15 or more? If it is way riskier to keep for 10 than to lose half in 2 years please advise! Interested in all thoughts!
I love my current e63s but simply want to try something else.
But in my head AMG is going to lose its value with first 1-3 years super fast then will slowing down for sure and I would say better to keep it for at least 3 yers if you value-minded person.
Last edited by Mandarin; Jul 31, 2019 at 04:43 PM.
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From: Austin, Texas
W213 AMG 2019 E63S Wagon
Yeah i got it that a honda is better value.. i am just aasking for commentary or consensus on it being crazier to take the hit and move on.. or keep.. if it is far crazier to keep I would like thoughts... i.e. not a super car but i kept a snazy r volvo wagon for 13 years and loved. It.. i easily could keep this E63 Wagon that long... unless it make way more sense to take a 50 percent hit in two years? That is what I am getting at.. thanks.
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2018 E63S AMG
If the redesign from 2016 to 2018 hadn't been such a big change I would have gone with a couple year old car coming in off lease.
The 2018 was improved enough that in the end I was enticed to buy it rather than a used earlier model, and I also didn't want to wait a couple of years for the 2018 models to come on to the used market.
So I bought knowing that I'd be paying significantly more for the car than if I purchased a two year old model. I don't look at it as eating a significant depreciation because I tend to keep the cars for a long time so value of the car at 10 or more years down the road in 2028 of the 2018 versus a 2016 is probably only a few thousand dollars.
The difference is the acquisition of the car cost $150+ k after taxs and all that, versus maybe $90+ k after taxes for a used E63S. Figure I've tossed away $60 k give or take but I knew that was going to happen going in. On the bright side, I got to spec every option on the car as I wanted and do the Euro Delivery with my family.
Financed the car for a year then paid off in full. Cost of money trade versus expected gains on some investments. Once the equation balanced out to my trigger point, paid it off.
Probably the single worst investment / decision I've ever made in my life from a financial point of view, but one made with my eyes open going in.
The 2018 was improved enough that in the end I was enticed to buy it rather than a used earlier model, and I also didn't want to wait a couple of years for the 2018 models to come on to the used market.
So I bought knowing that I'd be paying significantly more for the car than if I purchased a two year old model. I don't look at it as eating a significant depreciation because I tend to keep the cars for a long time so value of the car at 10 or more years down the road in 2028 of the 2018 versus a 2016 is probably only a few thousand dollars.
The difference is the acquisition of the car cost $150+ k after taxs and all that, versus maybe $90+ k after taxes for a used E63S. Figure I've tossed away $60 k give or take but I knew that was going to happen going in. On the bright side, I got to spec every option on the car as I wanted and do the Euro Delivery with my family.
Financed the car for a year then paid off in full. Cost of money trade versus expected gains on some investments. Once the equation balanced out to my trigger point, paid it off.
Probably the single worst investment / decision I've ever made in my life from a financial point of view, but one made with my eyes open going in.
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Posts: 182
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From: Austin, Texas
W213 AMG 2019 E63S Wagon
Tracking completely. Ours mostly will be paid off in one year.. the $ are alralready mentally gone and justified from other inveatments... so inclined to just keep it.... unless that is crazy! Thanks
If the redesign from 2016 to 2018 hadn't been such a big change I would have gone with a couple year old car coming in off lease.
The 2018 was improved enough that in the end I was enticed to buy it rather than a used earlier model, and I also didn't want to wait a couple of years for the 2018 models to come on to the used market.
So I bought knowing that I'd be paying significantly more for the car than if I purchased a two year old model. I don't look at it as eating a significant depreciation because I tend to keep the cars for a long time so value of the car at 10 or more years down the road in 2028 of the 2018 versus a 2016 is probably only a few thousand dollars.
The difference is the acquisition of the car cost $150+ k after taxs and all that, versus maybe $90+ k after taxes for a used E63S. Figure I've tossed away $60 k give or take but I knew that was going to happen going in. On the bright side, I got to spec every option on the car as I wanted and do the Euro Delivery with my family.
Financed the car for a year then paid off in full. Cost of money trade versus expected gains on some investments. Once the equation balanced out to my trigger point, paid it off.
Probably the single worst investment / decision I've ever made in my life from a financial point of view, but one made with my eyes open going in.
The 2018 was improved enough that in the end I was enticed to buy it rather than a used earlier model, and I also didn't want to wait a couple of years for the 2018 models to come on to the used market.
So I bought knowing that I'd be paying significantly more for the car than if I purchased a two year old model. I don't look at it as eating a significant depreciation because I tend to keep the cars for a long time so value of the car at 10 or more years down the road in 2028 of the 2018 versus a 2016 is probably only a few thousand dollars.
The difference is the acquisition of the car cost $150+ k after taxs and all that, versus maybe $90+ k after taxes for a used E63S. Figure I've tossed away $60 k give or take but I knew that was going to happen going in. On the bright side, I got to spec every option on the car as I wanted and do the Euro Delivery with my family.
Financed the car for a year then paid off in full. Cost of money trade versus expected gains on some investments. Once the equation balanced out to my trigger point, paid it off.
Probably the single worst investment / decision I've ever made in my life from a financial point of view, but one made with my eyes open going in.
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2018 W213 E 63 S AMG Sedan
You should have dealer/car broker license to get access to that info. I don't have it, that screenshot has been provided by my friend's dealership because I've been considering to trade-in e63s for something else, but seems like it's not going to happen since I'll lose a ton of $$$$. Will check a year later what is resale value is going to be.
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2018 W213 E 63 S AMG Sedan
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Not that I ever worry about resale value because I just drive and enjoy BUT! Porsche 911's do hold their value. I lost nothing on my 911. Buy it, drive it, enjoy it and remember that you are driving a awesome sounding big engined car!
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2022 4 Runner Pro, supercharged and lifted Lime Rush, 2018 E63s wagon Edition 1
Yeah i got it that a honda is better value.. i am just aasking for commentary or consensus on it being crazier to take the hit and move on.. or keep.. if it is far crazier to keep I would like thoughts... i.e. not a super car but i kept a snazy r volvo wagon for 13 years and loved. It.. i easily could keep this E63 Wagon that long... unless it make way more sense to take a 50 percent hit in two years? That is what I am getting at.. thanks.
Member
Joined: Jun 2018
Posts: 182
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From: Austin, Texas
W213 AMG 2019 E63S Wagon
Concur Completely...but I did not suggest the Honda - someone above did when I said I was usually value minded. Meaning I usually weigh out lots of things before decided what is a value for me - and agree - this car makes me smile way more that the stocks that paid for it. Thanks! I may just keep this thing.
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From: Kenilworth, il usa
GT63S ePerformance 4dr, '25 Bentayga Black Ed.(wife), Wrangler and 250 MLB(kids)
It is an expensive hobby, some may call it an addiction for the newest, quickest, etc.
I know I am making a bad financial decision but just can not help myself.
Life is short, getting new cars frequently is fun and in the end, what difference does it make whether I die with millions in my accounts or just a few dollars?
My family is provided for, kids received their education all paid for, have a place to live, cars, etc, if they want more they can (and should ) earn it themselves.
I know I am making a bad financial decision but just can not help myself.
Life is short, getting new cars frequently is fun and in the end, what difference does it make whether I die with millions in my accounts or just a few dollars?
My family is provided for, kids received their education all paid for, have a place to live, cars, etc, if they want more they can (and should ) earn it themselves.
Thread Starter
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Joined: Oct 2017
Posts: 270
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M8 convert + model Y
It is an expensive hobby, some may call it an addiction for the newest, quickest, etc.
I know I am making a bad financial decision but just can not help myself.
Life is short, getting new cars frequently is fun and in the end, what difference does it make whether I die with millions in my accounts or just a few dollars?
My family is provided for, kids received their education all paid for, have a place to live, cars, etc, if they want more they can (and should ) earn it themselves.
I know I am making a bad financial decision but just can not help myself.
Life is short, getting new cars frequently is fun and in the end, what difference does it make whether I die with millions in my accounts or just a few dollars?
My family is provided for, kids received their education all paid for, have a place to live, cars, etc, if they want more they can (and should ) earn it themselves.
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.
