EQS EQS (V297) sedan

EQS resale value just went up

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Old Aug 24, 2022 | 04:04 PM
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EQS resale value just went up

California just ruled no more ICE vehicle cars after 2035!👍
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Old Aug 24, 2022 | 04:18 PM
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So what will my 13 year old EQS be worth in 2035? 😊
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Old Aug 24, 2022 | 05:59 PM
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Originally Posted by c4004matic
California just ruled no more ICE vehicle cars after 2035!👍
Everyone from here will be living in Texas or Florida by then.
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Old Aug 24, 2022 | 06:55 PM
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Originally Posted by c4004matic
California just ruled no more ICE vehicle cars after 2035!👍
Whether it sticks or not depends on the fate of the Trump-Putin candidacy of 2024.
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Old Aug 24, 2022 | 07:39 PM
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Originally Posted by stealth.pilot
Whether it sticks or not depends on the fate of the Trump-Putin candidacy of 2024.
Things are not looking too good for Putin right now.
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Old Aug 24, 2022 | 08:40 PM
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Originally Posted by c4004matic
Things are not looking too good for Putin right now.
LOL. And yet his protege persists.
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Old Aug 24, 2022 | 08:43 PM
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This place is a joke.
Are you sure? The local autonation stores are offering $7k+- discounts off MSRP on the EQS.
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Old Aug 24, 2022 | 09:02 PM
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Originally Posted by E55Greasemonkey
Are you sure? The local autonation stores are offering $7k+- discounts off MSRP on the EQS.
450+ ?? I would doubt they offer that on 580 models.
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Old Aug 24, 2022 | 09:28 PM
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I suppose they first have to figure out how to build enough EVs to supply such a market. As it stands, the industry is running out of lithium. Since the ban only affects new car sales, I'm not sure used EV resale values will go up. One can still buy used ICE cars after 2035. New car prices may skyrocket, though, due to limited supply.
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Old Aug 24, 2022 | 10:01 PM
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Originally Posted by superswiss
I suppose they first have to figure out how to build enough EVs to supply such a market. As it stands, the industry is running out of lithium. Since the ban only affects new car sales, I'm not sure used EV resale values will go up. One can still buy used ICE cars after 2035. New car prices may skyrocket, though, due to limited supply.
Yes but high new car prices mean high used car prices. That is the lesson of the last couple of years.
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Old Aug 24, 2022 | 10:06 PM
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Originally Posted by Radman991
450+ ?? I would doubt they offer that on 580 models.
Yes, I believe 450, but don't quote me on that.
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Old Aug 24, 2022 | 10:21 PM
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Originally Posted by stealth.pilot
Yes but high new car prices mean high used car prices. That is the lesson of the last couple of years.
Yes, but not necessarily for the reason you might think. There was high demand for cars and low inventory. So used car prices went up. Not everybody is happy about EVs being rammed down their throats, so used ICE car prices may actually go up because people who don't want an EV past 2035 will have to buy used, and since no more will be produced it'll be a finite supply. I'm guessing you won't see the average Camry to be hugely sought after, but more special cars like AMGs might go up in value.

Last edited by superswiss; Aug 25, 2022 at 01:02 AM.
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Old Aug 24, 2022 | 11:11 PM
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Originally Posted by E55Greasemonkey
Yes, I believe 450, but don't quote me on that.
Its very likely the 450, they are harder to move because RWD has become a bad word all of the sudden and customers refuse to buy RWD cars now (even though a RWD car with excellent winter tires will perform very well), hence why MB is introducing the 450 4Matic model which should help with demand. The 580's are very hard to get, especially at sticker.
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Old Aug 25, 2022 | 11:17 AM
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California leads the nation in its "Ready, Fire, Aim" approach as it moves towards future modernization.

Besides government mandates such as quoted by the OP, some cities in CA announced LAST YEAR they will no longer issue building permits for gasoline stations.

Using governmental brute force to bend the minds of the natural marketplace will seriously backfire and disable the state someday in the near future. It's hard to predict what will actually break first. Might be the electrical infrastructure, might be technology, might be lack of natural resources to support electric vehicles...maybe one of these or combinations of these........It certainly will be interesting to watch it from the sidelines of another state.
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Old Aug 25, 2022 | 12:29 PM
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Originally Posted by Acta_Non_Verba
California leads the nation in its "Ready, Fire, Aim" approach as it moves towards future modernization.

Besides government mandates such as quoted by the OP, some cities in CA announced LAST YEAR they will no longer issue building permits for gasoline stations.

Using governmental brute force to bend the minds of the natural marketplace will seriously backfire and disable the state someday in the near future. It's hard to predict what will actually break first. Might be the electrical infrastructure, might be technology, might be lack of natural resources to support electric vehicles...maybe one of these or combinations of these........It certainly will be interesting to watch it from the sidelines of another state.
Same BS as when they mandated catalytic converters.... Not a single thing the doom predicted happened. There are13 years to figure it out... meanwhile TEXAS has the worst electrical system in the US... maybe they will have a problem.
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Old Aug 25, 2022 | 01:53 PM
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From my anecdotal experience, dealers in the Northeast have been getting WAY more 580s then 450s.
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Old Aug 25, 2022 | 02:05 PM
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Originally Posted by BenjaminKohl
From my anecdotal experience, dealers in the Northeast have been getting WAY more 580s then 450s.
Most Northeast dealers will DX (dealer exchange) any EQS 450’s or any non 4Matic cars they receive, RWD cars do not sell here anymore and the dealers do not want inventory sitting that they can’t sell.
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Old Aug 26, 2022 | 04:50 AM
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Originally Posted by Acta_Non_Verba
Using governmental brute force to bend the minds of the natural marketplace will seriously backfire
While I'm also a big fan of free markets, the marketplace for carbon-based fuel vehicles is hardly "natural", as long as the 'externalities' (the cost of pollution caused by such fuels) are not part of the market. That's why, unfortunately, some government intervention is necessary. Personally, I would prefer a simple carbon tax (commensurate with the cost of CO2's effect on the environment), but this has been political suicide for any government that has tried it. Hence these other measures instead.
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Old Aug 31, 2022 | 06:08 PM
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Originally Posted by c4004matic
Same BS as when they mandated catalytic converters.... Not a single thing the doom predicted happened. There are13 years to figure it out... meanwhile TEXAS has the worst electrical system in the US... maybe they will have a problem.
California asks residents not to charge electric vehicles, days after announcing gas car ban | MyStateline.com

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Old Aug 31, 2022 | 06:19 PM
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Dumb announcement. Not a reason to not adopt EVs.

Just provides ammunition to people who like to live in the past. Like you.

Innovation requires raising the pressure on the system. And in this case, the innovation will save the planet and save mankind.


Last edited by stealth.pilot; Aug 31, 2022 at 06:23 PM.
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Old Aug 31, 2022 | 06:36 PM
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Originally Posted by stealth.pilot
Dumb announcement. Not a reason to not adopt EVs.

Just provides ammunition to people who like to live in the past. Like you.

Innovation requires raising the pressure on the system. And in this case, the innovation will save the planet and save mankind.
Actually, I have no problem with innovation, I just don't want to make future changes that aren't even keeping up with the present.

I see you're not in California, so I bet you don't have to stay home tonight and renew your Netflix subscription.
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Old Aug 31, 2022 | 08:30 PM
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Originally Posted by stealth.pilot
Dumb announcement. Not a reason to not adopt EVs.

Just provides ammunition to people who like to live in the past. Like you.

Innovation requires raising the pressure on the system. And in this case, the innovation will save the planet and save mankind.
Anyone like Stealth Pilot here who wants to jump to incorrect conclusions and make this personal about me, should know that I test drove an EQS probably before he did. I had access to one very early in the process. I don't object to EVs, not at all, I just haven't decided what is the right vehicle for me. And honestly, the EQS isn't at the very top of my list at the moment, but still a contender. I need to see a little bit more before I am ready to move.

The more major concern I have is not the adoption to EVs, it's whether the infrastructure can support them.

My hat is off to anyone who has rounded that corner already, or completely ignored it and went ahead anyway. I will be there when I see what I need to see to be confident I am making a good move, but a "naysayer" I am not. It's my opinion California is making some bad decisions by forcing things too fast.



In the meantime, participation here is educational. I'm learning more than I could have just jumping to conclusions.
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Old Aug 31, 2022 | 08:41 PM
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I'll be dead, so.....whatever.
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Old Aug 31, 2022 | 08:56 PM
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Originally Posted by Acta_Non_Verba
The more major concern I have is not the adoption to EVs, it's whether the infrastructure can support them.
So said the horse owners about the new-fangled "horseless carriage."



A clipping from the New York World of November 17, 1895..... It was an interview with Thomas A. Edison: “Talking of horseless carriage suggests to my mind that the horse is doomed. The bicycle, which, 10 years ago, was a curiosity, is now a necessity. It is found everywhere. Ten years from now you will be able to buy a horseless vehicle for what you would pay today for a wagon and a pair of horses. The money spent in the keep of the horses will be saved and the danger to life will be much reduced.”

“It is only a question of a short time when the carriages and trucks of every large city will be run by motors. The expense of keeping and feeding horses in a great city like New York is very heavy, and all this will be done away with. You must remember that every invention of this kind which is made adds to the general wealth by introducing a new system of greater economy of force. A great invention which facilitates commerce, enriches a country just as much as the discovery of vast hoards of gold.”

The banker threw back the clipping and snorted, “Another inventor talking.”
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Old Aug 31, 2022 | 09:23 PM
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I don't think the horse and carriage is a valid parallel. Back then they weren't using petrol to power people's homes and industries. The internal combustion engine was completely new, using a fuel that wasn't widely in use already. Remember it won over electric horseless carriages. It's not like it ran on hay and people already had trouble getting enough hay for their horses. But that's the situation we are in today. We are switching cars to an energy source that's already widely in use and we already have issues powering everything today that depends on it. The power outages are already happening around here in California today, because the grid can't handle the existing demand. Not to mention that the national electric grid was never designed to last this long. Not sure if people are aware of this, but it's way past its originally planned lifetime. Multiple times over actually.

Not saying we won't get there, but it's likely we won't rebuild the grid in the next 13 years. California couldn't even build a new Bay Bridge in less than 20 years.

Last edited by superswiss; Aug 31, 2022 at 09:33 PM.
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