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For Great Resale Value, Buy a Used Mercedes G-Wagen

Here’s something that might surprise you: if you want a luxury SUV and you want it to keep its value over the long term, you will probably want a Mercedes-Benz G-Class. Yes, the G-Class, the boxy high-end Mercedes, is the luxury SUV of choice if you want your SUV to be worth something in a while.

Here’s what I mean. Back in 2002, a brand-new Land Rover Range Rover started around $69,000. A new G500 started from $73,500. Both vehicles had few options, so they were relatively close in price.

These days, things have changed considerably. Right now on Autotrader, it’s highly common to see a 2002 Range Rover listed for around $6,000, although many are cheaper than that — closer to $3,000. Meanwhile, a 2002 Mercedes-Benz G500 is a $25,000 to $35,000 vehicle — meaning it’s worth five to ten times more than a Range Rover of the same vintage.

Generally speaking, this holds true for most years of the G-Wagen — it’s a lot more valuable on the used market than same-year Range Rover models. This is primarily due to perceived reliability — Range Rovers are known to be troublesome — but also due to the G-Wagen’s immense capabilities, as off-roader SUVs tend to depreciate less than normal SUVs, since they’re desirable for their off-the-pavement prowess even as they age.

More importantly, the same holds true with the G-Wagen compared to other SUVs. The average asking price on Autotrader for a 2007 G-Wagen is over $50,000. Another popular used SUV, the Toyota Land Cruiser started around $57,000 back in 2007 — and even though the Land Cruiser is known for holding its value, used 2007 Land Cruiser models listed on Autotrader seem to be just under $20,000, or maybe a little over. The G wins again — even against vehicles known for low depreciation.

Yes, surely, the G-Wagen is pricey to maintain — it’s a Mercedes-Benz, after all. But the simple truth is that the G-Wagen is shockingly good on depreciation, meaning it might be a good luxury SUV to buy if you don’t want to lose a lot of value during your ownership. Find a Mercedes-Benz G-Class for sale

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  1. but also due to the G-Wagen’s immense capabilities, as off-roader SUVs tend to depreciate less than normal SUVs”

    Do people not realize that Range Rovers are amazing for off-roading as well? They’re far more capable than almost any SUV when it comes to serious off-roading, even with stock wheels/tires. 

    The G-Wagen’s relative lack of depreciation is also why I’ll never buy one, because why spend $30k on a G-Wagen when I can buy a Range Rover for $800, put a few bucks into it, and have nearly the same experience. I’m a mechanic so it doesn’t really cost me much to keep a Range Rover running.
  2. I think one of the main reasons that the G Wagen holds it’s value to such a high degree is that every year of the vehicle is almost indistinguishable from the new ones.  Everyone wants to be “ballin’ on a budget” and the G Wagen achieves that in spades.

  3. There’s a base model 1999 Land Cruiser (i6, 1FZ) with 20,000KM for sale here for almost $36 grand.

    That’s more than twice as much as a fully optioned top of the line 2007 land cruiser (V8, 2UZ).

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Doug Demuro
Doug DeMuro writes articles and makes videos, mainly about cars. Doug was born in Denver, Colorado, and received an economics degree from Emory University in Atlanta. After graduation, Doug spent three years working for Porsche Cars North America. Eventually, he quit his job to become a writer, largely because it meant that he no longer had to wear pants. Doug’s work has been featured in a... Read More about Doug Demuro

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