EQ sales
MBWorld Fanatic!
Joined: Jan 2016
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From: Brookshire, Texas & Cat Spring, Texas
2019 SL550/2023 EQS 580 SUV
Selling like hotcakes!
https://electrek.co/2023/07/11/merce...st-quarter-us/
https://electrek.co/2023/07/11/merce...st-quarter-us/
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GLC EQB GLS C300 convertible
if those people are happy then their friends will buy MB EQ
if those people just wanted to go cheap, and the car don't drive like a mercedes, then as you said there will be a cliff for MB EQ
MBWorld Fanatic!
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From: Brookshire, Texas & Cat Spring, Texas
2019 SL550/2023 EQS 580 SUV
I am going by the fact that many Americans are living pay check to pay check and credit card debt is at a all time high. EV’s are not going to sell to the masses as a second car until they are in the 35k range. Not everyone makes a million dollars a year like folks on this forum….😊
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Joined: May 2005
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From: Philadelphia, PA (USA)
2025 E53 Hybrid
Selling like hotcakes!
https://electrek.co/2023/07/11/merce...st-quarter-us/
https://electrek.co/2023/07/11/merce...st-quarter-us/
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2022 EQS 450+, 2020 BMW i3, 2017 BMW 328d
I have had my EQS SUV for nearly nine months and over 18K miles. In that time I have never seen another EQS SUV on the road except for once at an EA charging station in California. Contrast that with Tesla Model 3 and Model Y vehicles which are ubiquitous. MB may be happy with the EQ rollout, but I don't think it can be characterized as, "Selling like hotcakes!"
- Introduction of the various models between Q2 2022 and now. The 608% growth is easy when your starting point is near 0 units sold.
- Extreme sales support from MBFS, especially to leases. At one point, MBFS was giving about $600K in trunk money to each dealer as long as they sold 48 EQ cars. Combined with $13K in lease-only incentives, you could drive away in a EQS sedan for the equivalent lease payment of a Honda Accord.
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Super Member
Joined: Dec 2014
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From: New England/Florida
2005 SL 500. 2015 S550. 2016 GLE400 2018 S560
I winter in SE Florida and saw 3 EQS vehicles on the road from December to May. In RI I have only seen one EQS on the road since early May. Like previous poster pointed out I have seen tons of teslas and more rivians than electric Mercedes.
MBWorld Fanatic!
Joined: Feb 2014
Posts: 1,939
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From: Iowa
2025 EQS580
I am going by the fact that many Americans are living pay check to pay check and credit card debt is at an all time high. EV’s are not going to sell to the masses as a second car until they are in the 35k range. Not everyone makes a million dollars a year like folks on this forum….😊
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Joined: Jul 2012
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535
The highest selling ICE car for Mercedes by far is GLE and GLC.
So it would be interesting to see the sales figure for EQE SUV in the next few quarters.
And the next gen EQC SUV (or whatever it may be called if they drop the EQ part) in 2025 would be crucial to the Mercedes EV endeavor.
MBWorld Fanatic!
Joined: Jan 2016
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From: Brookshire, Texas & Cat Spring, Texas
2019 SL550/2023 EQS 580 SUV
Thread Starter
MBWorld Fanatic!
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From: WI
17 E43; 21 GLS580
In fact tge numbers are not inflated at all. EQ cars have gone from 0 to 15% of MB sales in one year. Not bad at all. In fact much better than even MB expected which is why they also introduced a slew of new gas models. Its not like S clases sell like candy either!
Thread Starter
MBWorld Fanatic!
Joined: Oct 2014
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From: WI
17 E43; 21 GLS580
Super Member
Joined: Aug 2022
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GLC EQB GLS C300 convertible
I heard leasing an EQS is now cheaper than leasing a GLB... if that's true, then we know why MB got 15% of its sale from EQ
MBWorld Fanatic!
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From: Iowa
2025 EQS580
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From: Florida
To be fair, there was only 1 EQ model (EQS Sedan) in Q2 2022 versus the now 5 available models (3 of which are SUV's) in Q2 of 2023, a large growth like this was inevitable.
The lease rates and incentives must be strong on EQS-Models as the EQE-Models surprisingly didn't outsell the more expensive EQS-models.
The lease rates and incentives must be strong on EQS-Models as the EQE-Models surprisingly didn't outsell the more expensive EQS-models.
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From: Florida
While the numbers are indeed good, I'm sure on the financial side they are likely not as strong. EV's are known to be harder to make a profit on, and selling at large discounts/incentives likely doesn't help.
Member
Joined: Apr 2023
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2022 EQS 450+, 2020 BMW i3, 2017 BMW 328d
10% off MSRP would be good nowadays. Your best bet is to lease the car to unlock EV incentives ($7500 EV lease credit, $4500 Sam's Club or Amex credit) and then stack that on top of the 10% off MSRP you just negotiated. Add in MSDs to lower your interest rate on the lease (or do a One Pay) and you'll be in pretty good shape. If leasing isnt your thing, lease it anyway to cash in on the incentives and just buy out the lease later. Gives you time to decide what it's like to LIVE with the car, something a 20 minute test drive wont tell you.
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I think EV education is a big part of this also. People don't realize that you should install an L2 charger at home and use that for daily use around town and use superchargers when traveling, etc.
I have had the valets at the dealership ask me where I charge my car and if I could talk to some regular ICE customers looking at the EV. MB doesn't bundle an L2 charger or even have one available to purchase and dealers have no idea how to get one installed in a house. As a result there is general fear around charging and so someone looking at an EV will typically default to Tesla since they are famous for their charging network.
In my opinion MB would do themselves a big favor by partnering with big nationwide electrical services companies and offering a charger and installation bundle with the car. In addition, the work they are doing to adopt NACS and build a network with all Tesla competitors is a big deal also.
I think the luxury car market in the current economy with high interest rates is pushing people to leasing and so that is why the incentives are being offered there vs. purchasing the car.
I have had the valets at the dealership ask me where I charge my car and if I could talk to some regular ICE customers looking at the EV. MB doesn't bundle an L2 charger or even have one available to purchase and dealers have no idea how to get one installed in a house. As a result there is general fear around charging and so someone looking at an EV will typically default to Tesla since they are famous for their charging network.
In my opinion MB would do themselves a big favor by partnering with big nationwide electrical services companies and offering a charger and installation bundle with the car. In addition, the work they are doing to adopt NACS and build a network with all Tesla competitors is a big deal also.
I think the luxury car market in the current economy with high interest rates is pushing people to leasing and so that is why the incentives are being offered there vs. purchasing the car.
