Below is a snapshot of my Auto Trader watch list. In the description of each car is the asking price history from the time that I first started tracking it to today.

 

That is a great car... Low miles, high options... and $15k less than I'd have thought in a prime market.

 

Just a heads up, my 2019 is for sale here in the marketplace. No rush to sell but it's out there if someone is interested. I know it's a little high in this environment but it is in like new condition and is meticulously maintained. North Dallas/Frisco area.

 

Just FYI, the mb offerings of 0%, 90 day pmt deferral, and $780 credit on first pmt DO NOT apply to the E63.... for some strange reasons..... there are quite a few of them sitting at dealerships for months now....
was going to get a grey on black loaded, but prefer opm at 0%....

 

I just bought a 2020 Sedan in Colorado on Apr 1st, sticker was for 122K, Selenite (Spelling?) Grey with black wheels, black interior with carbon fiber on the inside. I paid out the door 110K, I do have to mention I'm military and registering it in my home state exempts me from sale and property tax. So is 12K off sticker good or bad, you decide, considering the terrible depreciation rate these cars suffer the first year i'd say not paying taxes is what saved me and its a decent discount, with taxes not so much. The discount was an insensitive offered on their website, its was the only E63S AMG in their inventory, the car was made in November of 2019.

I was looking for the wagon originally, there are only 3 in the state of Colorado at the dealer lots and they have been sitting there since at least August- September as all three have a production date of 07/19. Wagons depreciate terribly here in the US even worse then the sedan so I wanted some aggressive discounts, especially since it was the end of march and now its the end of April and the wagons are still sitting on the lot and I reckon will be sitting there for a long time. The dealer went down to 118K of a 126K sticker price (same options as my sedan), I wanted at least 112K and would have paid 114K, by my logic if it got the same options it should be within 4k of what my dealer was asking for the sedan. They wouldn't budge, so I got the sedan, not as much of a sleeper status like the wagon and not as practical ( I traded in a truck) as I need practicability in my daily driver, I have dogs and gear I need to transport on occasion. But the sedan is lighter and I had them take the badges off, so the sleeper status is there to a point.

Here is the example of how bad wagons depreciate just by driving of the lot, note this is still 2020 model year:

Thirdly, I was looking at a wagon online in Las Vegas, just google Las Vegas Audi and you will find it in the used inventory. It is a 2020 MY with 475 miles on it, it was leased by one owner, so only concern is how he treated it for the first 500 miles with it being a lease. But its warrantied so who cares really. Anyway they were asking 108k+$1100 (for transportation to and from Colorado) for it, BEFORE taxes and were low balling my trade in, I told them either drop 4k to 104K or I will have to wait for carmax to reopen in my city on Apr 15th to sell my truck to them, as I wasn't happy with the offer. This was last week of March, first week of April. Long story short I went with the sedan the next day pretty much, yes its 2k more then the wagon but they offered 2k more on my trade in and it was brand new with 14 miles on it.

So come Apr 20th the Las Vegas dealer is calling me for a follow up to see if im still interested, they've drop the price to 99k on the wagon! I've even told them on the phone I will buy it for 104K, just drop the price noone is going to buy it, by the time Carmax opens to sell my truck you would drop the price anyway, which is exactly what happened! Well those *******s lost my business cause they wouln't budge 4k. So 99k is a great deal on 20MY with only 500 miles on it and its a CPO, just know they will be adding the shipping charge to the price, if you have a trade in they will ship the Mercedes to you and pick up you trade in. Before they ship, a supporting dealership will inspect your trade in and give them the thumbs up. I would include the shipping cost into the OTD price, I guarantee there will be another price drop come May. The wagon is Selentine grey but has a white beige leather with no carbon fiber, piano black fake wood interior and no cold weather package which would have been a bummer in Colorado, my last vehicle which was a fully loaded F150 had a heated steering wheel, on principle I expect upgrading to a vehicle that stickers for well over 100k to have the same amenities on principle, so the sedan worked out, but I do wish I would have been more patient and maybe gotten the wagon for 99K heated steering wheel be damned. Hopefully one of you reading this can get it.

I've tried to make this as transparent as possible with prices and my experiences, this is a great time to buy for Id say at least next two months, mid July and August I think customers will start returning. The dealers are in a slump, its buyers market for cars right now. Let me know if there are anymore questions, Ill be as helpful as I can and transparent as I can.

PS for more transparency, my trade in was an 18 Raptor which I owned outright, I got 50k for it, paid 30K cash and financed the other 30k through my own bank for 1.94% (60months). The Mercedes was offering 3.99% for the financing which is terrible if you have great credit, BUT they would have paid up to $700 for the first payment of the car if financed through them and no payment for the first 90 days. So for the 30k loan they would have paid the full $550 dollars or so for my first payment. Thats what they've offered me. You do the math which is better 30K loan at 1.9% or 30k loan at 4% but first payment is on them.

 

Good color on the market m, thank you. And congrats on the new rig! One correction is that E63 wagons hold their value much better than sedans. Been this way for a very long time.

 

I would agree to disagree, and I hope i'm wrong, I want my car to keep value, wagons in general are not popular in the US, the crossovers and small SUV is what dominates the market, Mercedes is one of the few automakers that make a legit European style wagon. Yes Subaru do count in certain regions like New England and Colorado and Utah, but that market margin will buy Subaru not 120k monster under a guise of a soccer moms car, hell I've never even seen regular C or E class wagons, I literally thought they only exist in Europe. E63s is an enthusiast car that even other enthusiasts don't know about. Hell I knew about the M series, but not much on what AMG makes. After telling about my purchase to a colleague at work who is a "car guy", he asked me if it had a V12 engine in it. Hell Audi keeps its avant from North America until just recently, and I'll be interested to see how it will do, in fact the marketing for it will bring probably bring the E63S wagon to light. I didn't know about its existence until I saw an amazing car review which got me fired up into replacing my raptor. The wagon is definitively the ultimate car.

My point is the wagons are rare, on dealer lots there are maybe 60 of them in the nation vs hundreds of sedans. They are a few of them because they are harder to sell, if they are harder to sell that means they will lose a lot of money then the sedans when being resold. Yes selling a wagon private sale to a fellow enthusiast you might make a case for its keeping its value, but I feel like trading it in to a dealer who knows they will have hard time selling it it will take a much bigger hit then the sedan.

 

Second this opinion. And it's not just Mercedes and E63/E55 etc.
Same for Audi's (S4/S6 Avant) and even Volvos (V70R, V60 Polestar) and Caddys (CTS-V).

It's very simple math - supply and demand. The people buying new are more looking for a fast, cool, expensive car. They don't value the wagon part as much and many (most?) of the buyers have a second or third car that can "carry stuff". And dealers rarely stock wagons, decreasing the impulse buy factor.
Once they are used, a different buyer shows up. They are looking for a fast car that can do it all. And are in general 10 years younger.
What I wonder is how the recent flow of megafast SUVs will affect the "used performance wagon" market. Could be some cross shopping between the two groups.

 

You both might be right, but from what I see is these wagons at least here in Colorado are just sitting on the lots dodging hail storms. I'd say Volvos are a bit more wide spread, and Audis or even BMW wagons are super rare, thats right CTS-V did make a wagon version, but thats gotta be a unicorn.

SUV is what dominates the market here in the US, other then trucks. They sell very well and they sell in big numbers, thats why Ford has stopped their hatches and sedans, only to focus on their trucks and suvs thats why BMW has like a million different X versions and yes for a high end buyer you can even get an insane M engine in many X variants. And those are the more popular, I'd bet youd see more M series SUVs then the sedans on the roads. Hell the Teslas flagship cars come in a sedanish hatch variants to dip into that market.

Whats the point of the argument Tesla will win it all in the end, and I hate saying this, they don't provide you the driving experience, but as an appliance they're smarter, cheaper to buy, cheaper to own, and faster then any megafast SUV or any other trim for that matter.

 

Wagons definitely hold their value better than sedans.

 

Where are all the 2018 for $60k deals? Have to wait for covid-21?

 

Nowhere. The only clean title/carfax car below $70k I have seen has 50k miles on it... You will have to wait for someone desperate...

 

yeah more of a joke, probably two more years.

 

There might be deals available. My friend just got an AMG GT 2020 for lease. $1700 per month, no down with 12k/24m. Soon after, another dealer quoted $1500 for a magno 2020 GT. They also took over rest of lease payment which was 3 more months!!

 

atk47, what do you mean "took over rest of lease payments"?

 

oh, his previous AmG GT 2018 lease was to expire in June, so they took over the car and absorbed those 3 payments!

 

Holy Toledo, thanks. Definitely a sign of things to come, guess I'll start getting smart on leases since the order I placed for an E63 was canceled.

 

Just FYI. This is standard fare with Mercedes leases and has been available forever.
Our E63s had a 5 months pull ahead last year and 3 months this year.

 

I just lowered my 2019 wagon to under $100K if anyone is interested. It's listed here in the marketplace. Mint condition and meticulously maintained. Clean title with only 5500 miles. All service up to date. Located in North Dallas area. Dealership will process all paperwork for both parties for an easy transaction.

 

I completely agree! Buying a brand new vehicle is one of the worst financial decisions you can make. I just purchased a 2019 E63S with 6K miles for 63% of MSRP! I saved over $48K, and the car has full XPEL wrap worth $6K.

There are definitely some good deals out there right now - I have seen prices drop $5-10K over the past 6 weeks, and there is still room to negotiate. From my personal experience, offering $5-8K below asking price is not unreasonable. This is a buyers market, oversupply + low interest rates. The only down side is trade-in values are abysmal!

 

so average MSRP for 2019 E63s was around 120K. You bought it for 63% of meaning you bought 2019 E63s with 6k miles for 44K.
Great deal but something probably wrong with your numbers.
Anyway enjoy the ride!

 

I think you misunderstood, or maybe I said said it in a confusing way. I purchased my car for 63% OF the original MSRP - not 63% off, which is your calculation above. I purchased the car for 37% OFF the original MSRP price.

 

That of course would also mean that buy a MB is a terrible financial decision since you can get a car of the same size and function for a lot cheaper. Unless, of course, you value the difference.

I got to custom order a brand new car and got 9% off MSRP with European Delivery. There were no used cars close to what I wanted to buy; so buying used was not an option. I am quite happy with my choice. (2019 E53 Cab. rubellite/white, most goodies except the silly exhaust)

If, however, you want the common colors and features you can probably find a good deal after someone else has paid for the first couply of years of depreciation.

 

It did take me a while to find a car with everything I wanted, and even then I had to make some sacrifices on a few options. It would be impossible to find a used E63 with everything I want, so I understand your perspective of not wanting to compromise on such an important purchase. Sorry if I came off sounding judgmental, not my intention at all!

 

Here are 4 New ones less than $105k
https://www.autotrader.com/cars-for-...&firstRecord=0

I am looking for a deal similar to what Dr.VerSatchi talked about. Slightly used, and around $80k. Really want a 2019+ Nut Brown interior Wagon, not white.....The only 2018 I would want would be a Piedmont Green over Nut Brown Wagon but that is super rare I am sure...