How much is a 2020 G550 worth?
A 2020 Mercedes-Benz G-Class G 550 Sport Utility 4D has a current resale value of $83,468 and trade-in value of $81,448. TrueCar has 104 new Mercedes-Benz G 550 models for sale nationwide, including a Mercedes-Benz G 550. Prices for a new Mercedes-Benz G 550 currently range from $149,400 to $190,400.
Does G550 hold value?
A Mercedes-Benz G 550 will depreciate 53% after 5 years and have a 5 year resale value of $70,397. The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $149,400 when new. Many owners report that with proper maintenance, these vehicles can easily surpass the 200,000-mile mark. However, this longevity is contingent on how well you care for your Mercedes G-Class.A 2022 Mercedes-Benz G-Class has depreciated $36,294 or 25% in the last 3 years and has a current resale value of $104,656 and trade-in value of $100,728. The 2022 Mercedes-Benz G-Class is in the top 10-25% for depreciation among all 2022 SUVs.The G-Class: A Legacy of Excellence Whether you are navigating the toughest terrains or cruising through the city streets, the G-Class offers an experience that is second to none, solidifying its place as the ultimate status symbol in the world of luxury vehicles.The Mercedes-Benz G-Class, colloquially known as the G-Wagon or G-Wagen (as an abbreviation of Geländewagen), is a four-wheel drive luxury SUV sold by Mercedes-Benz. Originally developed as a military off-roader, later more luxurious models were added to the line.
Is the 2020 G550 reliable?
RepairPal gave the Mercedes-Benz G550 an overall reliability rating of 3 out of 5 stars, which RepairPal describes as Average. This rating ranks Mercedes-Benz G550 22nd out of 29 among Luxury Midsize SUVs. When it comes to performance and safety, Audi and Mercedes are evenly matched. These luxury manufacturers also make some of the best small crossovers and large SUVs. Audi is a better automaker for those who want to save some money without compromising on features, safety or performance.In terms of long-term reliability and ownership experience, both brands perform well, too. J. D. Power’s Vehicle Dependability Study shows that BMW has slightly higher scores. That said, Audi’s models benefit from using shared platforms and parts, which ensures consistent performance and reliability across their lineup.On average, BMW’s reliability score is around 82. BMW’s cars use materials like synthetic leather, aluminium, and high-quality plastics, which are durable and sporty but may not feel as luxurious as genuine leather or wood. Mercedes, on the other hand, has reliability scores for fewer models, averaging around 78.
Is the 2020 S560 worth buying used?
A 2020 Mercedes-Benz S-Class S 560 Sedan 4D has depreciated $31,495 or 46% in the last 3 years and has a current resale value of $36,896 and trade-in value of $31,200. Audi is a better automaker for those who want to save some money without compromising on features, safety or performance. Audi is highly competitive in the luxury small car and luxury electric SUV classes. Mercedes sets the bar high when it comes to interior luxury.Is the Mercedes S-Class expensive to maintain? The Mercedes S-Class has a lot more technology and luxury features than other Mercedes models, making it a lot more expensive to repair if and when things go wrong, even if you source new or used Mercedes S-Class parts yourself.In recent years, the cheapest car from the three to maintain would not have been Audi, though times have now changed. A recent study from the repair network WhoCanFixMyCar showed that Audi cars are now cheaper to maintain than BMW and Mercedes.Depreciation. Due to the faster depreciation rate of luxury cars, buying a used Mercedes can be more attractive than you think. The value of a Mercedes will see the biggest hit within the first 5 years of its life, this makes the initial purchase price less of a concern if you are looking at a vehicle 5+ years old.
Why is the G550 so popular?
Known for its long-range capabilities, luxurious interior, and advanced avionics, the G550 has become a popular choice for business and private aviation. The G500 performs stably in urban and off-road environments, but is slightly less powerful than the G63. The G63 boasts a powerful edge in both off-road and performance capabilities, particularly evident in its 5. T engine’s robust power during high-speed driving and extreme conditions.Verdict: If you’re looking for a G-Class at a lower price point with exceptional off-road capability, the G550 is the better value. If you want the ultimate high-performance luxury SUV, the G63 justifies its higher price tag.Only the G550 gets the head-up display and enhanced vision system as standard, while it is an option for the G500. The G500 comes with a choice of several standard cabin layouts, has slightly different weights, less range, and a lower base price compared to the G550.Verdict: If you prefer a rugged but traditional luxury SUV, the G550 is a solid choice. If you want a more aggressive, high-performance look, the G63 stands out.