Is anyone here having delivery of new EQS in the next month or so? My new 2025 EQS 580 is scheduled for delivery around May 1. Am I going to get hit severely with the new tariff? It’s crazy what’s going on.

 

It'll depend on whether or not the car has already officially been 'imported'

 

Unfortunately, mine has not been imported yet even though it was ordered in late January.
The general manager at my dealer has not heard a thing yet on whether or not the tariff will affect me.

 

My guess is that tariff victory will be declared before then, and the tariff will go away. But obviously, who knows for sure--understatement. On the plus side, our EQ cars will suddenly become scarce if the tariffs stick around as few if any will be imported, and Tesla's market brand has imploded. Maybe MB will need to focus only on the highest margin cars, for which I doubt ev's are in that category. Wonder if we'll see a covid-like bump in our cars? I currently own three cars, including an EQS and EQB, which are three more than I actually need. The EQB is such a great city car and practical that I hate to let it go, but might if the values pop up. I've been involved in two moves this week (parents and daughter/son-in law)--the square EQB is just perfect for such things.

Edit...well, the EQS SUV is made in AL, but I'm sure stuffed with European and Asian parts. Still might not be viable even though made here.

 

Some possible good news for me and others. Got a call from the general manager this morning. He finally heard something from Mercedes headquarters. Mercedes will absorb some of the tariff if implemented. Also, if it arrives in Baltimore this month, it will be marked as sold and I won’t have to pay any tariff.
More will be revealed Monday at a special meeting he is attending. I’m hoping for the best outcome.

 

That is good.

 

Mercedes absorbing some of the tariff may not necessarily result in savings and could, in fact, still increase out the door costs. Absorbing some of tariff=lower margin. That could be made up by less generous lease/purchase programs, rate subsidies, dealer cash and a ton of other factors.

An Audio dealer in NYC was quoted on the local news when asked about the effect of tariffs on sales as saying "It doesn't matter much for my customers." May be very much the same in certain markets for certain MB models. I don't expect G Wagon sales to suffer, for example.

But I agree that he whose name cannot be mentioned will declare victory and find his way out of something that has managed to alienate both sides of the aisle.

 

No manufacturer can suck up the tarrif is an abosulute stupidity. Tariffs are simply another regressive tax. Either Congress take the reims of this totally irpt adminstration or this country is going directly to the ****ter..

 

no offense, but tariffs are paid by the importer at the time of lading and marking your car as sold at the dealer weeks later has nothing to do with anything. Mercedes announced weeks ago that it would absorb some of the cost into its highest margin vehicles, not all vehicles, and that it would stop importing lower margin vehicles to the US.

don’t count any chickens before they hatch and in this case, you will know what you have to pay when you pay it and it will be either lumped in to the dealer invoice, or shown as a line item in the customer invoice to be passed along.

We see very wealthy successful people here not understanding tariffs at all, it’s highly likely that the car salesmen have no clue what they’re talking about either. It’s quite disturbing and what allows people to keep their head in the sand after they make a bad vote.

 

The majority of MB buyers pay cash. Typically, only a C driver does not pay cash at the dealership, this is assuming the C is not being purchased to be a kids first car.

@Baltistyle 99% of people in the US have never, not ever purchased a new car from a dealership. Most people do not really care. Most people in the US have LESS than $1000 in savings....and will not really be effected by tariffs when buying coffee and cigarettes before going to work at WalMart. As for me, I have purchased a few cars new from the dealership. Cant say that I ever would again, no real reason to (but, buying a 911 Turbo S in cash is one of my personal favorite days....).

 

I’m not sure what your point is here, but are you telling me that a person with less disposable income is less effected by the tariffs on coffee and cigarettes than someone elitist like you who bought a new car at a dealership in cash? That’s absolutely wrong and a further example of people with money not understanding the effect of tariffs or only thinking it effects their class more. This is not a luxury tax. Also, many here might take your argument about people being cash buyers as being false since it is elsewhere claimed that leasing takes up a high rate of sales of especially high-end vehicles.

So again, not sure what your point is… other than your gloating about buying a new car in cash from a dealership and thinking people that aren’t like you work at Walmart or smoke cigarettes.

 

It got even better with today’s announcement. “2025 models are price protected until further notice!”

The general manager informed me late this morning with this good news. However, the amount I’m going to save by not paying a tariff is minuscule compared to how much I lost (on paper) in the market due to the Trump tariffs the past 3 days.

 

nice! Something like this? https://mbworld.org/forums/g-class-w...inventory.html

 

Unfortunately nobody is going to take the reins. Several CEOs called Trump over the weekend and none of them told him it was a mistake. They just said it's harming their companies. One of his donors tried to suggest an off-ramp of limiting tariffs to 10% (that in itself is a pretty large additional sales tax). But if you listen to Trump and his tariff advisor I don't think there is an off ramp. His dream is not free trade, it is everything the EU sells us is made in the USA, and the USA dictates product standards to the EU so they are forced to buy our stuff even if it is carcinogenic or excessively polluting. And he doesn't think about things like:
1) How it affects our export industry
2) How it affects the long-term success and market share of our global corporations
3) How bringing low-value add sectors to the US crowds out high value add sectors like Financial Services, Tech and Media.

Plus at the same time as shrinking the economy for the reasons above, this is a massive wealth redistribution from the people to the federal government. They get Tarriff revenue and we pay it. The white House pointed out that most people don't have 401Ks or own stocks. So basically he only cares about billionaires and low income people, but not the middle classes or millionaires.

 

This is not true. 67% of all new Mercedes sold are leased.

This is also not at all true. While its true many Americans can't afford a new car, its a much smaller percentage than 99%.



Again, absurdly false. Tariffs, specifically tariffs on China will impact the cost of nearly everything lower income people buy, as almost all inexpensive economy goods are made in China. Where do you think all the stuff for sale in a Wal Mart is made?

 

For the billions paid to Tim Cook to be CEO of Apple (working off your handle here), should it not have been somewhat forseeable to have almost your entire supply chain dependent on one country? Especially for a guy who's specialty was supply chains? Political risk has always existed there. I suppose he won't be giving back any of the billions for steering Apple into a mess (at least for the moment)?

 

EQ is scarce as is compare to other EVs, very little people were buying it since launch, so I doubt we will see much more people wants an EQ. It's a nice car that most people will never realize what they are missing.

 

Just read your post about the 2025 EQS 580 that was on its way – exciting stuff! Given the timeframe you mentioned, it has likely arrived by now. Hope the delivery went smoothly and the car lived up to expectations.

It's always interesting to see how these EQS deals come together. For my '24 EQS 580, for instance – the ~$138k MSRP version – I was pleased to lock in a selling price of $108,000 before any incentives. On top of that, we applied $29,000 in various rebates and loyalty offers. That brought the structure for a single-payment, two-year lease down to an effective $320/month. It really shows what's possible when you work all the angles thoroughly and early.

You mentioned you opted for a one-payment, 3-year lease for your 2025 EQS 580. You also shared the outcome of your negotiations: from an MSRP of $138,775, you were able to secure a final total selling price of $108,000 after all discounts and incentives were applied (a total reduction of $30,775). That provides a clear capitalized cost for your lease.

For informational purposes, here's a look at how the numbers might break down for a 2025 EQS 580 4MATIC Sedan based on that $108,000 capitalized cost, for both a 24-month and a 36-month single-pay lease at 7,500 miles/year. (Since your post didn't specify your chosen annual mileage, 7,500 miles/year is used for these examples). These figures also factor in estimated typical upfront fees and taxes*.

*Note on Upfront Fees: The "Upfront Fees" of $1,793 used in the following lease breakdown examples are estimated based on typical components similar to my own experience, which included items like a $1095 acquisition fee, a $399 dealer fee, and $235 in government fees. Actual fees can vary by dealer and state.

Lease Figures (Single Pay, 7,500 miles/year, based on a $108,000 Cap Cost) (Based on data for a 2025 EQS 580 4MATIC Sedan)

• For a 24-Month Term (7.5k miles/year):
  • Total Cost (Due at Signing): $36,254
    • Includes:
      • Lease Payment portion (covering depreciation & rent): $33,621
      • Upfront Fees (estimated*): $1,793
      • Upfront Taxes: $840
  • Breakdown of Total Cost Components:
    • Depreciation Paid: $31,674
    • Rent Charge (Interest): $44
    • Total Taxes (including upfront & on payments): $2,743
    • Non-Capitalized Costs (Fees, estimated*): $1,793
  • Effective Monthly Cost: $1,511
• For a 36-Month Term (7.5k miles/year - AppleFan1's chosen term length):
  • Total Cost (Due at Signing): $48,041
    • Includes:
      • Lease Payment portion (covering depreciation & rent): $45,408
      • Upfront Fees (estimated*): $1,793
      • Upfront Taxes: $840
  • Breakdown of Total Cost Components:
    • Depreciation Paid: $42,776
    • Rent Charge (Interest): $62
    • Total Taxes (including upfront & on payments): $3,410
    • Non-Capitalized Costs (Fees, estimated*): $1,793
  • Effective Monthly Cost: $1,334

AppleFan1, I'm curious: do these figures for the 24-month and 36-month terms at 7,500 miles/year (based on your $108,000 final selling price) align with what you encountered when structuring your deal? If your numbers were different, it would be interesting to see where the variances were (e.g., in residual value, money factor, or fees).

Presenting the numbers side-by-side like this can be helpful when evaluating options.

Regardless of how the initial deal or term is structured, the final steps at the dealership are critical for everyone. Understanding that process is key, as there are very clear reasons why binding contracts aren't signed until the car is physically there and ready. This ensures everything is legally and operationally sound. Here’s why:

1. VIN Specificity is Key: The contract must tie to the exact Vehicle Identification Number (VIN). That VIN is unique. Until the dealer has that car on their lot, fully inspected it, and confirmed it’s the one you ordered with no issues, they can't legally assign that VIN to the final documents. This prevents errors and protects you.
   
2. The Mandatory PDI (Pre-Delivery Inspection): Before a dealer hands over any new car, they're required by the manufacturer to do a comprehensive PDI. This isn't just a quick wash; they thoroughly check all mechanicals, safety systems, electronics, fluids, and cosmetic condition to ensure it meets all standards. This inspection must be completed and documented before the car is legally sold.
   
3. Your Final Inspection and Acceptance: As the buyer, it's your right – and crucial – to thoroughly inspect the vehicle yourself before signing anything. Match it to your order sheet, verify all features are present and working, and check carefully for any transit damage or flaws. When you sign, you're accepting the car as-is, so this step is vital.
   
4. Legal & Financial Lock-In: Those final signatures legally transfer possession (for your one-payment lease) from the dealer to you. If financing is involved, the lender also requires confirmation that the specific car (their collateral) is correct, present, and in your possession before releasing funds. This locks in the financial and legal parts of the deal based on the actual, verified vehicle.
   
5. Title and Registration Chain: The official manufacturer paperwork, like the MSO (Manufacturer's Statement of Origin) or Certificate of Origin, is essential for titling and registering your EQS. This document is tied to the VIN and is needed to start the ownership/registration process in your name once the car is officially sold to you, with the car present.
   

So, hopefully, your process followed these lines to ensure everything was correct. For anyone else reading, remember: while you do important groundwork upfront, the deal is legally final only when the car is there.

If you've taken delivery, would love to hear how it went!

 

Thank you so much for the very detailed lease arrangement. I opted for the 12,000 miles per year on the one payment 3 year lease. The rough estimate by the general manager indicated an upfront cost of about $56,000. I obviously have not officially signed any contract yet.
The car has been on the truck since early Wednesday. The general manager informed me that it should be here sometime on Thursday. It’s been a long wait since it’s been in Baltimore.

 

That hurts my heart and my wallet! They didn't give you much of a discount at all. They are presenting the incentives as a discount to present them like they are giving you a major deal, but I'm sorry, it isn't. If you haven't paid and signed, I wouldn't. My first lease EQS was $17895, and my second for the 2024 580, same as yours, except one year older, is $7600 for 2 years. Please don't go through with it unless you feel you have to. You are getting fleeced and that never feels good.

 

@J_Boxer

Was your EQS580 a service loaner?

Are they still offering loyalty discount on leases?
Do they offer loyalty discount when you are trading your car in at the end of your lease vs a period when they are trying to move metal?
Money factors are higher now. MBfinancial was offering very low money factors before.
The residuals are lower now. They were inflated before.

I recently was offered 47.5K off of a loaner 2024 $125K EQS450 4matic. The payments were still $980 for a 3 yr / 10k nothing down lease driven by the current money factors and residuals.

 

Tariffs do not affect the consumer, if they refuse to buy the product being sold which includes a tariff. One example was cigarettes. Some brands are imported with a tariff. Some are produced domestically, and don’t have tariffs imposed. Buy domestic would be a good solution to those who are price sensitive. Or quitting altogether.
That’s what the tariff weasels don’t understand. It’s not as simple as tariff=bad. There is a multi layered, and multi factor analysis that needs to be considered, not just 1 layer, and 1 factor.

 

Happy to share some insights based on my recent experience and the latest figures I've seen.

To answer your first question, my '24 EQS 580 was an Executive Demo.

Regarding your other points:

Loyalty Discounts: Yes, they are definitely still offering loyalty discounts. There are a couple of main $5,000 loyalty offers available right now, both valid through MBFS:

1. Star Loyalty Bonus Program ($5,000):
   • Who's eligible? This is generally for customers who have an active qualified MBFS Maturing Lease, Lease Extension Agreement, or a specific Illinois Retail Walkaway Balloon Contract. You'd typically receive an email from MBFS with an Event Code and Certificate Code.
     
   • How to qualify? The new finance or lease agreement needs to have the same customer name and/or address as your old lease.
     
   • Expiration: June 30, 2025.
     
2. Reignite Bonus Program ($5,000):
   • Who's eligible? This one is for customers who had a prior MBFS lease or retail installment contract on a new vehicle and then either purchased their leased vehicle, bought it off-lease through an eligible ICP Program transaction, or paid off their retail contract between January 1, 2021, and December 31, 2023. Again, you'd look for an email from MBFS with the necessary codes.
     
   • How to qualify? Similar to the Star Loyalty, the new finance/lease documentation must match the customer name and/or address from the old agreement.
     
   • Expiration: Sometime in 2025 (it's best to confirm the exact date with MBFS or a dealer).
     

So, whether you're trading in at the end of your lease or looking at other times, these loyalty programs are active, though their terms are specific. It's less about "moving metal" periods and more about your existing or prior relationship with MBFS.

Money Factors (MFs) & Residuals: You're right, these can vary quite a bit, especially between model years and trims. Generally, the 450s have higher MFs compared to the 580s for both MY24 and MY25. Here are some examples for the sedans (2-year, 10k miles/year leases):

• 2025 EQS 580 Sedan:
  • Residual: 54%
    
  • Standard MF: .00023 (which is about 0.55% APR)
    
  • Single Pay MF: Can drop to practically nothing at .00001 (around 0.02% APR)
    
• 2025 EQS 450 Sedan:
  • Residual: 52%
    
  • Standard MF: .00086 (about 2.06% APR)
    
  • Single Pay MF: Drops to .00046 (around 1.1% APR)
    
• 2024 EQS 450 Sedan:
  • Residual: 51%
    
  • Standard MF: .00084 (about 2.02% APR)
    
• 2024 EQS 580 Sedan:
  • Standard MF: .00007 (so low that a one-pay might not even be necessary for a significant drop)
    

One important note on lease terms: a significant detractor to a 3-year term versus a 2-year term is that the third year often sees a big jump in the overall cost that isn't as apparent in the first two years. Based on this, I would generally advise against a 3-year lease if you're trying to optimize for cost. With respect to the current leases in question

Key Incentives (These are where some of the main differences lie):

• Lease Bonus Cash:
  • 2024 models: $16,500
    
  • 2025 models: $10,000
    
• EV Incentive: This is the $7,500 (often referred to as the federal tax credit passthrough) and it's the same for both MY24 and MY25.
  
• Loyalty Cash: This is the $5,000 we discussed above (from either the Star or Reignite programs).
  
• Lease Pull-Ahead/Accelerator: For existing leaseholders, MBFS is also offering a pull-ahead of up to three payments as an incentive. If, like me, your existing lease was a Single pay, you would receive a reimbursement of those 3 payments directly from MBFS
  

It seems Mercedes-Benz Financial Services was indeed offering very low money factors before, and while some are still excellent (especially on the 580s or with single pay), others are higher. Residuals have also shifted, as you noted.

 

So, how much should all the discounts have totaled? How much should I pay, according to your figures on the one payment, 3 year lease for 12,000 miles per year? I was quoted about $56,000.

 

Tariffs do affect the consumer. Tariffs drive up the price of imported goods which allow the domestic manufacturer to raise their prices.