Friday, April 19, 2024

Electric Mercedes loses half of its value in one year

Normally, car owners can expect brand new cars to lose around 30 percent of their value in the first year. For Mercedes EQS owners, the situation is even worse.

If you buy a Mercedes EQS, which is the electric answer to the S-Class, you can expect that the car will only have 47.8 percent of its original value left after one year.

It reveals new figures from iSeeCars .

And the Mercedes is not the only electric car that depreciates in value after a year. But the German is the one for whom it goes absolutely the fastest.

In fact, there are no less than 4 electric cars in the top 5 of the cars that lose the most value in a year. After the EQS comes the Nissan Leaf, which is worth 45.7 percent less after 12 months.

READ ALSO: Thomas' new Tesla was picked up by a broom after 1 kilometer

Then comes the Jaguar F-Pace, whose owners have to eat a 35.4 percent depreciation over the same period.

In the top 5, however, we also find a petrol car. Namely the Alfa Romeo Giulia, which plummets by 33.4 percent in value. This is followed by another electric car, the Kia EV6 and the sister car Hyundai Ioniq 5.

The Volkswagen ID.4 fares almost as badly. Back to Mercedes, however, for a brief remark.

For its spiritual sibling, the internal combustion engine S-Class, actually rounds off iSeeCars' accolade. In tenth place, an S-Class loses an average of 'just' 31.5 percent of its value over the course of the first year.

Something completely different is that Mercedes' dealers actually admit that they have more than difficulty selling the brand's electric models at all.

The customers are simply going away, said an anonymous dealer that Automotive News spoke to last year.

The loss in value is terrifying. But it's still peanuts compared to how a Fisker Ocean crashes in value. And that after just two months. Read more about it here .

Read more news from and about Mercedes right here!

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