The Mercedes-Benz G-Class, better known as the G-Wagon, is the exception among big luxury SUVs. Most lose more than half their value in five years. The G-Wagon loses far less, and the G 63 in particular has held its value better than the forecasts said it would.
Key numbers
- G 550, real market
- About 26.5% lost in five years: $132,800 new, about $105,000 now, per Jalopnik.
- G 63, real market
- About 13.2% lost: $157,700 new, about $137,000 now.
- Forecasts
- Edmunds and iSeeCars projected 34.7% for the G 550. CarEdge estimates 48%.
- For comparison
- The Range Rover lost 61.7% in iSeeCars' 2026 study.
How much a G-Wagon depreciates
| 2021 model | Original price | Market value now | Lost in 5 years |
|---|---|---|---|
| G 550 | $132,800 | About $105,000 | 26.5% |
| G 63 AMG | $157,700 | About $137,000 | 13.2% |
Marketplace values reported by Jalopnik on May 3, 2026, checked October 2026.
Forecasting services were more pessimistic. Jalopnik notes that Edmunds and iSeeCars projected 34.7% depreciation for the G 550, and Edmunds projected 39.4% for the G 63. CarEdge's estimate for the G 550 is 48%, based on a $149,400 new price and 13,500 miles a year. iSeeCars' current model-level estimate has the G-Class keeping 68.3% of its value after five years.
The spread is wide, but every source agrees on the direction: the G-Wagon holds its value much better than its rivals.
How it compares with other luxury SUVs
| Vehicle | 5-year depreciation |
|---|---|
| Land Rover Range Rover | 61.7% |
| Land Rover Range Rover Sport | 58.3% |
| Cadillac Escalade ESV | 57.0% |
| Average SUV | 44.9% |
| Average vehicle | 41.8% |
From iSeeCars' 2026 study, checked October 2026.
Why the G-Wagon holds its value
- Demand exceeds supply. Production is limited and buyers have often waited or paid over sticker.
- The design barely changes. A five-year-old G-Class is hard to tell from a new one.
- Status. Few vehicles are as recognizable, which keeps used demand strong.
- The G 63 effect. The AMG version has the most buyers and the strongest values.
What it means when you sell
- Don't accept a guidebook figure. Forecasts have undervalued these cars, so collect real offers.
- Make sure the offer reflects your options. The AMG Night Package, manufaktur paint and carbon trim matter.
- Keep it stock where you can. Aftermarket wheels and wraps narrow the pool of buyers.
- The 2019-and-later generation is worth much more than earlier cars, so check the buyer is pricing the right one.
The Mercedes-AMG and G-Wagon seller's guide compares your options.
Common questions
Do G-Wagons hold their value?
Yes, better than almost any other luxury SUV. Jalopnik found a 2021 G 550 had lost about 26.5% on the open market after five years, and a G 63 about 13.2%.
How much does a G-Wagon depreciate in five years?
Real marketplace values in 2026 showed about 26.5% for a 2021 G 550 and 13.2% for a G 63. Forecasts range from 34.7% to 48% for the G 550.
Does the G 63 hold its value better than the G 550?
Yes, based on the marketplace values Jalopnik reported: about 13.2% lost for the G 63 against 26.5% for the G 550.
How does the G-Wagon compare with the Range Rover?
Far better. The Range Rover lost 61.7% of its value in five years in iSeeCars' 2026 study.
Sources
- Jalopnik: Here's how much a 2021 Mercedes G-Wagen has depreciated in 5 years (May 3, 2026)
- iSeeCars: Mercedes-Benz resale value for 2026
- CarEdge: Mercedes-Benz G 550 depreciation
- iSeeCars: The top 25 cars that hold their value best, and the 25 worst (2026 study)
Figures were checked against these sources in October 2026. Prices change, so confirm before relying on them.