The Mercedes-Benz EQS has experienced severe depreciation, with new models starting at $100,000 but used ones going for only $30,000. Luxury electric vehicles tend to lose value rapidly, particularly the EQS, which has not found an adequate audience due to its unique styling and high price. The vehicle has a notable range of around 340 miles and offers various trim levels with different power outputs. Despite lower sales, the EQS remains a strong performer and represents good value in the used car market.
Depreciation of luxury EVs, like the Mercedes-Benz EQS, is significant, with prices plunging from over $100,000 new to as low as $30,000 used.
The EQS has struggled in sales, partly due to its unique design and high initial cost, making it less appealing to both EV advocates and traditional luxury buyers.
Despite underwhelming sales, the Mercedes-Benz EQS sedan remains a capable vehicle, especially with impressive range and power options, with used prices significantly lower.
Most used EQS units available are the 450+ model with a 340-mile range, providing excellent value when considering the cost-to-performance ratio.
#mercedes-benz-eqs #ev-depreciation #luxury-electric-vehicles #used-car-market #automotive-performance
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