According to reports, the Mercedes-Benz EQS loses almost half its value in just one year of rolling out of the showroom. Sources reveal that the value of the Mercedes-Benz EQS drops as much as 48.7% in just one year. This means in just one year, the car losses around USD 65,000 from its value. Next to the Mercedes-Benz EQS is the Nissan Leaf which also losses 45.7% from its value in just one year.
About Mercedes-Benz EQS
In the Indian market, Mercedes-Benz offers the EQS in the 580 4Matic trim as well as the EQS AMG53 4Matic+ trim. The EQS comes with a 107.8 kWh battery pack and 523 HP / 885 Nm electric motors one on each axle. The EQS 580 comes with an ARAI-certified range of 857 km on a single charge. The sedan also comes with Ultra-Fast Charging. The brand claims that with a 200 kW Ultra-Fast DC Charger the car can get 300 km of range in just 15 minutes of charging.
In its EQS53 AMG trim, the EV comes with an output of 761 HP of power and a whopping 1,020 Nm of torque. The EV also comes with Race Start mode with boost function and a fully-variable AMG Performance 4MATIC+ AWD system. However, both cars us the same battery pack. The EQS53 AMG also comes with the ‘Hyperscreen’ that consists of 3 screens under one continuous glass panel.
Car That Actually Gain Value in the Used Car Market
On the contrary, the Land Rover Range Rover gains 2.8% on its original value after a year of its ownership. Behind the Land Rover Rang Rover is the Kia Rio, which reportedly loses just 0.1% of its value. Which converts to just USD 21 from its original price. The Mercedes-Benz G-Class also lost less than 3 percent in cost after one year. This makes them an excellent new car purchase.
So would you buy low depreciating brand new cars? Or would you exercise the option of buying a fast depreciating from the used car market?
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