The Mercedes Benz AMG GT is notorious for its high depreciation. This, however, is only partly true in today’s market. Current depreciation rate are in line with the Porsche 911 Carrera. Yet, it only applies to reasonably used cars.
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AMG GT prices are falling. After all, it is 2023 and most cars started to depreciate again. Depreciation rates are, however, not extremely high. All models lost approximately 12.5% compared to their market top. This is in line with the Porsche 911 Carrera. Yet, it only applies to reasonably used cars. Low mileage cars have a significantly higher depreciation rate than the 911. Up until approximately 25,000 miles, the AMG GTs loose a lot more. If you keep a new car up to 40,000 miles, the difference could amount to $10-$15k. In practical term this means that it pays off to buy an AMG GT with a slightly higher mileage. Especially if you plan to drive it a lot.
Content
00:00 High depreciation rate
00:56 Market overview
02:40 Price trends and 911 comparison
05:20 Mileage sensitivity
09:03 Black Series
09:37 Conclusion
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.
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