EQS tops the "wrong” sort of list




Everyone getting an EQS in 2022, 2023, 2024 should have been leasing it to capture the $7,500 from the government as a incentive pass-through on the lease. The EV lease-loophole was written vaguely on purpose to allow BEVs from the German, Japanese, Korean, and Chinese nameplates to still benefit from the US Taxpayer money.
Every used EQS is already priced downward assuming whoever first used the EQS benefitted from $7,500 taxpayer money.
By adjusting the sales price to wipe out this $7,500, it'll reduce the perceived depreciation. It may still put the EQS atop the list, but it won't look so stark.



Last edited by hlothery; Apr 2, 2024 at 07:40 PM.



It's just not only don't they differentiate between a 450+ and 580 they also frequently list pinnacle trim vehicles as base models. Anyways, my only point here is when the data going in is garbage you really should expect the data coming out to be garbage too (GIGO)
Luxury cars are a rich person's toy. They/we buy/lease to enjoy it and then we/they move on to the next thing. Investment and luxury cars don't go in the same sentence unless they signify as antonyms. For some of us in between (not super rich but not poor either where we like to stretch our $100K, lease or buy used, and you can enjoy like the rich folks do.
I love my AMG EQS because of it's electric propulsion couple with MB styling and features.
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What they should do right now if I was them would be to put in cash, continue building the service network, get the SUV out ASAP and get a cheaper compact (GLC equivalent) SUV out ASAP. You need volume to get to profitability. Follow Tesla’s model. You can’t make a profit without scale.
If the smaller SUV is too far out, then they need to rethink the direct sales and service model. Dealers would enable them to scale sales and service at a lower cost which will fit their luxury segment better.
I personally think Lucid’s survival is a long shot. If I was Saudi I would dump it. Better investments out there.
The only two I think will survive are Tesla and Rivian. With the big OEMs pulling back I think there is room for a company which occupies the Jeep segment for EVs. I don’t think anyone else is serving that segment and I think Rivian can match Tesla’s US market scale in 3 years.
From a market share perspective the R1 is killing the Model X and Cybertruck combined in terms of market share. The R2 will beat the Y and the R3 will beat the 3. This logic is why Rivian will likely be bought out if they fail.
Last edited by stealth.pilot; Apr 7, 2024 at 10:34 PM.




