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 percent over the past year on a sample of six transactions. The SELL signal reflects a material deterioration in value momentum, with prices moving decisively below trend.

Transaction activity remains thin, with just 26 sales tracked across our database and only six concluded in the past twelve months. This limited liquidity means buyers and sellers should expect wider spreads and longer holding periods compared to higher-volume collector segments.

The W463 holds a collectible classification with moderate desirability, supported by its iconic design and military heritage, though first-generation variants lack the market resilience of later iterations. Average mileage on transacted cars sits at 8,965 miles, suggesting well-preserved examples are entering the secondary market.

Near-term pressure is expected to intensify. Base projections indicate a decline to £15,327 over three years (down 43.5 percent) and £12,900 over five years (down 52.4 percent). This trajectory reflects broader softening in the classic SUV sector and aging-out of early W463 models from prime collector appeal.

Sellers should recognize the current window as unfavourable; waiting for recovery appears unlikely given the structural weakness in recent transactions. Buyers seeking entry into the model should monitor for further price normalisation before committing capital.