EQS (V297) [Official] Mercedes-Benz EQS

[syswei]

That’s actually odd as I expect that depreciation for BEV’s over the contract period will be less than an ICE. Floodgates of BEV’s start to open now and I think that in 4 years time many more of them will be on the roads.

I think BEVs will depreciate faster than ICE cars, because BEV technology is improving more rapidly. For instance solid state batteries are on the horizon...somewhat better energy density means that current battery tech is going to look less attractive 5 years hence.

 

[Sonder]

The value after 4 years for EQS is irrelevant, actually for any cars.
In Germany where i have my headquarter, if you take the leasing, after the 4 years you just give the car back and you dont care for its value after.
Also the monthly rate is higher, but thats logical, because also the price of the EQC is higher (135.000 €, S580 is 130.000 €). But then again, you get almost 6.000 € back (BAFA - eco warrenhouse), which puts the price of the EQS580 for 1.000 € less, then the S580. As a company car also the EQS is only 0,5 % tax (cars with combustion engine is 1 %) + the road tax for EV is 0 €

 

[klier]

To charge the battery of the EQS are needed 112 kWh gross battery capacity and 10% lost during charging all together about 125 kWh. That's quite an amount to be for free for a long time especially with the increase of the numbers of the EVs.

Free electricity in Slovenia, you heard it first here.

I think BEVs will depreciate faster than ICE cars, because BEV technology is improving more rapidly. For instance solid state batteries are on the horizon...somewhat better energy density means that current battery tech is going to look less attractive 5 years hence.

Current tech is going to look absolutely ridiculous in 5 years. Including the current best of the best.
And yeah the difference between ICE engines in 5 years will be minimal.

 

[Big Sam]

The value after 4 years for EQS is irrelevant, actually for any cars.

It absolutely is relevant to the lease company, and what they think it will be worth at the end of your lease determines what you pay per month!

In Germany where i have my headquarter, if you take the leasing, after the 4 years you just give the car back and you dont care for its value after.

YOU don't, but the leasing company DOES.


Seriously, this is basic stuff.

 

[sl123]

@Sonder: You are wrong.

1. No BAFA sales support for the EQS in Germany.

(https://www.bafa.de/SharedDocs/Down...8C8E6AB.2_cid378?__blob=publicationFile&v=160)

2. Lease rate for a S580 is significantly lower as compared to an EQS underlying the exact same recommended retail price and conditions.

3. If you are driving a company´s ICE, fuel is free normally due to the companys fuel card you are getting.

 

[Sonder]

@Sonder: You are wrong.

1. No BAFA sales support for the EQS in Germany.

(https://www.bafa.de/SharedDocs/Down...8C8E6AB.2_cid378?__blob=publicationFile&v=160)

2. Lease rate for a S580 is significantly lower as compared to an EQS underlying the exact same recommended retail price and conditions.

3. If you are driving a company´s ICE, fuel is free normally due to the companys fuel card you are getting.

1. Not yet, but it will be (so my salesman at Daimler ??‍)

2. Not at all, i made a comparison with the same SA’s, the 223 was more expensive

3. If the company is yours, you pay the fuel for the 223. If you have free charging stations under your office and 1 km from your house, then you drive “for free” with the EQS

 

[Sonder]

It absolutely is relevant to the lease company, and what they think it will be worth at the end of your lease determines what you pay per month!



YOU don't, but the leasing company DOES.


Seriously, this is basic stuff.

In that way you are right, i didnt understood in the first place

 

[CrunchSlaughtered]

The value after 4 years for EQS is irrelevant, actually for any cars.
In Germany where i have my headquarter, if you take the leasing, after the 4 years you just give the car back and you dont care for its value after.
Also the monthly rate is higher, but thats logical, because also the price of the EQC is higher (135.000 €, S580 is 130.000 €). But then again, you get almost 6.000 € back (BAFA - eco warrenhouse), which puts the price of the EQS580 for 1.000 € less, then the S580. As a company car also the EQS is only 0,5 % tax (cars with combustion engine is 1 %) + the road tax for EV is 0 €

BAFA is applicable only to cars that do not go beyond certain nett (wothout VAT) price. And the EQS is far beyond that limit.

 

[Sonder]

Free electricity in Slovenia, you heard it first here

Not everywhere in Slovenia, but in all bigger cities

 

[Sonder]

BAFA is applicable only to cars that do not go beyond certain nett (wothout VAT) price. And the EQS is far beyond that limit.

Thats what i thought also, thats why i was surprised by the news of the salesman, but maybe (obvious) also he was wrong.

 

[MrRapp]

I agree that technology on BEV’s is advancing rapidly but similarly ICE vehicles have advanced and become cleaner and more fuel efficient but that didn’t impact the residual value of the older cars. I do think of the average buyer who doesn’t buy brand new but a used car. What will they choose in 5 years: a BEV or ICE. Do note that charging infrastructure will improve as well in that period.

 

[Matski]

What will they choose in 5 years: a BEV or ICE

ICE.

Just a snapshot from the UK, but in Q2 of this year, the VW Golf, the Vauxhall Astra, the Ford Focus, the Vauxhall Corsa and the Ford Fiesta, each saw more sales on the used market than Tesla has sold cars here since 2010... the Fiesta alone saw nearly double the number of used car sales in three months than Tesla has seen since the first Tesla car was sold here.

The ratio of ICE/Hybrid to BEV cars on the road here (i.e. the future stock of used cars), is 134 to 1 against the EV, and currently it's being replenished at a rate of 13 to 1 in favour of ICE/Hybrid, and looking a site like Autotrader indicates that only 1.6% of used cars on sale are BEV.

Granted this is only the UK, but currently the global market share for BEV (4.1% according to Jato), is less than our 7% (according to SMMT)... so the overall situation globally is possibly worse.

There simply won't be the stock of used BEV's available that soon for the majority of used car buyers to be able to choose BEV, even if they wanted to.

 

[MrRapp]

There simply won't be the stock of used BEV's available that soon for the majority of used car buyers to be able to choose BEV, even if they wanted to.

Agree but what will that do to the price of used BEV’s that are available you think? Think supply and demand.

 

[Matski]

Agree but what will that do to the price of used BEV’s that are available you think? Think supply and demand.

The supply will be limited, that is somewhat self-evident, assuming the demand is there, it will keep the prices high - which should offer better residuals and therefore better deals... but I strongly doubt those are the only variables at play for a car like the EQS. If demand for new EQS's is strong against supply, and supply of W223 can easily meet demand (like having 3 times the number of them sat in the dealership), of course the deals may not be so good for the EQS.

 

[bmwz4coupe]

If I was considering one of these cars there would of course not be any doubt; even if the S class came out significally more expensive than EQS this would obviously be my choice… I would get a beautifully designed car instead of a what seems to be an unfinished design sketch… I would get a caracterful engine with a real engine note instead of a steril and totally emotionless engine.

 

[Antti]

I think BEVs will depreciate faster than ICE cars, because BEV technology is improving more rapidly. For instance solid state batteries are on the horizon...somewhat better energy density means that current battery tech is going to look less attractive 5 years hence.

A good case-in-point here are plug-in hybrids. Their electric-only range seems to have doubled every 3-4 years. First you had the ones that did c. 25 km on electricity. Then came the ones with 50 km. Now the new C-Class will do 100 km. Just comparing the residual values of the E350e vs. E300e will show you that pretty much any 2nd hand buyer will go for the longer-range PHEV if both are available to choose from. The only way to shift an E-Class with 50 km range as opposed to the same car with 100 km range is much lower price. Now, given that both models cost the same when new, then you can see where this is heading…

 

[Centurion]

I think BEVs will depreciate faster than ICE cars, because BEV technology is improving more rapidly. For instance solid state batteries are on the horizon...somewhat better energy density means that current battery tech is going to look less attractive 5 years hence.

The steep depreciation of BEVs will likely bottom out once the charging infrastructure is so good that the difference between a 400km and 550km range car is immaterial because of rapid charging.

 

[avilent]

After more than 8 months of waiting I was able to place my EQS order today. Unfortunately my production allocation is in January. I’ll need to continue using my Tesla Model S until the new year :-(. At least happy to have some ETA.

 

[Ozy]

After more than 8 months of waiting I was able to place my EQS order today. Unfortunately my production allocation is in January. I’ll need to continue using my Tesla Model S until the new year :-(. At least happy to have some ETA.

Congratulations! Can you maybe share some details of the spec you got? Perhaps some photos from the configurator?

 

[leylandi]

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