Trade Cayenne Turbo for MB E63 AMG Wagon?
#16
Rennlist Member
It's all about managing unpleasant surprises. Sure, depreciation sucks but it's a manageable factor. Likewise warranties. If you know going in there will be coverage against surprises you're often willing to overlook the true numbers. You get your shiny new thing now and have the potential for less stress worrying about sudden repair expenses. Conversely, if you're willing to gamble and prepared to pay out the repair costs it may make sense to you to buy used. It's all about managing the surprises. The important thing to understand with vehicles at this price point is their repair costs have the potential to be eye-wateringly-expensive. If you've got the stomach for that then deals can certainly be found.
I will give you one example (and trust me there are PLENTY of them)
My 958 originally sold for $103-ish (assuming original owner got a deal on $109K sticker )
It was traded in after 3.6 yrs and 51K miles. I purchased the car for a less than 50% of what I assumed original owner paid. Depreciation of $55,000+ over 3.6 yrs isn't a manageable factor, its down right stupid. No repair in the next 4-5 yrs will cost $55,000. We aren't even talking about what the original owner got in trade in.. Thats close to $1000 a month of depreciation. over a $1 a mile driven.
Those who want the new and shiny all the time should do exactly as they please, regardless of cost. but arguing the decision as a cost effective one may be a stretch to say the least.
#17
Rennlist Member
We can disagree without being insulting. What's stupid to you isn't to others. Look at it this way, if not for the people that want to own new there'd be no bargains for the cheapskates, right? Move along now.
#18
Rennlist Member
As for your cheapskate comment.. well, you said it best at the beginning of your post
moving along indeed
#19
Pro
Thread Starter
I agree that the depreciation cost is far more than any out of warranty repairs over the near future. If I in fact sold or traded it in for the number the dealer allowed I would experience almost $1.25 per mile. I think part of my desire to change is just for change itself. I've had the Cayenne going on six years and just have the itch. I really liked the ride, room and AMG motor of the E63 with it's intoxicating exhaust note and phenomenal torque. But it can't tow and has little ground clearance so it is actually less practical where I live. Thanks to everyone for helping me go through this mental exercise. Consider my itch scratched.
#20
Rennlist Member
I agree that the depreciation cost is far more than any out of warranty repairs over the near future. If I in fact sold or traded it in for the number the dealer allowed I would experience almost $1.25 per mile. I think part of my desire to change is just for change itself. I've had the Cayenne going on six years and just have the itch. I really liked the ride, room and AMG motor of the E63 with it's intoxicating exhaust note and phenomenal torque. But it can't tow and has little ground clearance so it is actually less practical where I live. Thanks to everyone for helping me go through this mental exercise. Consider my itch scratched.
#21
I like the E63 wagon, have driven one, and have looked for a fitting used one to buy. The only strike against it for me is it's inability to tow. I bought a 16 CPO cayenne turbo last September. Compared to Cayenne turbo pricing, the AMG wagon seems like quite a bargain: I considered buying one new at $115k to $120k, but the versatility of the Cayenne still has it beat for me. Don't get me wrong, I still perk up when I see a Merc wagon and check to see if it's an AMG.
I'm not sure I have a point other than I think both vehicles are good options and the decision between them may come down to intended use and as mentioned ground clearance.
I'm not sure I have a point other than I think both vehicles are good options and the decision between them may come down to intended use and as mentioned ground clearance.
#22
Rennlist Member
I've always like Mercedes wagons. I don't know that I'd bother getting a performance variant though. I'd be more inclined to get a diesel one. That is were my wife not dead-set opposed to a wagon. No idea why, but it's a not a hill I'd die on to argue against.
#23
Looks like the OP is OK with the depreciation. I think the AMG wagon looks great, and you can't deny the performance of their engines they are hooligan machines! I wouldn't want to own a newer one out of warranty, even more so then a Porsche. Mercedes makes much of their technology and tools proprietery to keep you hooked to the dealer.
#24
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I was cross-shopping E63 wagon and Cayenne Turbo. Ended up with Cayenne mostly because of e63s poor ride quality on uneven roads (or in general) and ease of damage to wheels and tires due to very low profile tires and inability to go with smaller wheels for higher profile tires. Another negative was lack of rear hitch for towing and/or bike rack. E63 is a much more sporty car, though.
#25
Drifting
Better the devil you know.
As long as repair are less than a car payment, keep it.
Warranty? I have extended Warranty on my X5. It has been off the road in 2017 for non maintenance issues for 31 days last year.
2016? 108 days. One perticular service experience, after a 58 day engine replacement. I commented that my car was returned rinsed, but not clean.
The service manager said to me " right now I just want to punch you in the face".
I look forward to my car not being tied to an OEM dealership repair.
As long as repair are less than a car payment, keep it.
Warranty? I have extended Warranty on my X5. It has been off the road in 2017 for non maintenance issues for 31 days last year.
2016? 108 days. One perticular service experience, after a 58 day engine replacement. I commented that my car was returned rinsed, but not clean.
The service manager said to me " right now I just want to punch you in the face".
I look forward to my car not being tied to an OEM dealership repair.
#27
Better the devil you know.
As long as repair are less than a car payment, keep it.
Warranty? I have extended Warranty on my X5. It has been off the road in 2017 for non maintenance issues for 31 days last year.
2016? 108 days. One perticular service experience, after a 58 day engine replacement. I commented that my car was returned rinsed, but not clean.
The service manager said to me " right now I just want to punch you in the face".
I look forward to my car not being tied to an OEM dealership repair.
As long as repair are less than a car payment, keep it.
Warranty? I have extended Warranty on my X5. It has been off the road in 2017 for non maintenance issues for 31 days last year.
2016? 108 days. One perticular service experience, after a 58 day engine replacement. I commented that my car was returned rinsed, but not clean.
The service manager said to me " right now I just want to punch you in the face".
I look forward to my car not being tied to an OEM dealership repair.
TXCOMT
Last edited by TXCOMT; 01-16-2018 at 11:17 AM.