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

The Mercedes-Benz G-Class W463 (1990–2018) has entered a pronounced correction phase in the UK market, with median values falling to £27,125—a sharp 22.4% decline over the past twelve months. This reversal contradicts the appreciating-classic designation and signals meaningful headwind for current holders, warranting caution before purchase.

Transaction flow remains thin, with just six sales tracked in the most recent twelve months against a broader sample of twenty-six cars. This sparse liquidity underscores how narrow the buyer pool has become for these vehicles, presenting exit challenges for sellers and limited price discovery.

The typical W463 transacting today carries remarkably low mileage at just under 9,000 miles, suggesting many examples in the dataset are garage-kept or lightly used. Condition preservation does not appear to be stemming the downward valuation trend, indicating that supply-side and demand-side factors are driving the market more decisively than individual car quality.

Forward projections paint a concerning trajectory. Base-case modelling points to further decline of 43.5% by year three and 52.4% by year five, implying a floor near £12,900 if current momentum persists. These figures reflect both cyclical softness in the prestige SUV segment and what may be a structural reappraisal of W463 values after a sustained run.

Desirability remains moderate and collectibility is rated at six out of ten—respectable but not exceptional. The model's broad production run and availability on the used market have kept it from achieving the rarity premium or passionate collector following that anchors values in scarcer classics.