Mercedes-Benz G-Class (W463 (1990-2018))

The Mercedes-Benz G-Class W463 first-generation models are trading at a median of £27,125 in the UK market, down 22.4% year-on-year. This represents a sharp reversal from the appreciating-classic classification, with the current signal firmly in SELL territory and confidence rated as high.

Transaction volume remains thin, with just six sales recorded over the past twelve months and twenty-six total in the tracked dataset. This scarcity of sales activity makes pricing volatile and limits liquidity for both buyers and sellers seeking to move stock quickly.

Cars transacting in this cohort average approximately 8,965 miles, suggesting either well-preserved examples or vehicles with genuine low-mileage provenance. The condition profiles vary considerably across the sample, but most appear to be road-ready rather than show-condition restorations.

The collectibility score of 6 places these early G-Wagens in the moderate tier—acknowledged as desirable but without the scarcity premium of pre-1989 models or the modern appeal of newer generations. Supply from private sellers remains limited, and institutional market interest appears subdued.

Base projections point to continued softening over the next three years, with prices expected to decline to approximately £15,327, representing a 43.5% cumulative fall from current levels. Five-year forecasts extend this further to £12,900, or a 52.4% decline, driven primarily by increasing competition from later-generation G-Class examples and normalization after the recent collector-car boom.