Used Mercedes EQS Sells for Under a Third of Its Original Price
A used 2023 Mercedes EQS 580 4Matic with 229,000 kilometers on the odometer has been listed for 424,000 Norwegian kroner, TV 2 reported. When the electric luxury sedan debuted in late 2021 as Mercedes’ first electric executive car, new models cost between 1.2 million and 1.5 million kroner.
High Mileage Drives Rapid Depreciation for Electric Flagship
The steep price drop stems largely from heavy driving since its November 2022 registration. Despite the 229,000 kilometers covered, the listing notes that the exterior and interior remain largely pristine aside from minor scratches on the front bumper. The vehicle features good summer and winter tires, a fresh EU inspection, and an official battery test from May 2026 showing 95 percent of its original capacity remaining.
When new in 2022, the EQS benefited from Norway’s exemption from value-added tax for electric vehicles, helping secure 581 registrations that year. Fully equipped models regularly surpassed 1.4 million kroner before taxes and incentives shifted.
Interior Luxury and Powertrain Specifications
The heavily discounted sedan packs a 108 kWh battery capable of delivering 523 horsepower and accelerating from 0 to 100 km/h in 4.3 seconds. Standard equipment includes active air suspension and the dashboard-spanning Hyperscreen infotainment display. While the vehicle offers an original WLTP range of up to 692 kilometers and supports 200 kW fast charging, early critics pointed to its polarizing soap-bar exterior design and tighter rear-seat space relative to its overall exterior dimensions.
Why did the Mercedes EQS price drop?
Why did the Mercedes EQS experience such a large price drop?
The primary driver behind the depreciation to 424,000 kroner is the high mileage of 229,000 kilometers accumulated since late 2022.
What does the battery test show after 229,000 kilometers?
A battery test conducted in May 2026 confirms that the battery retains 95 percent of its original capacity.
What were the original prices for the EQS 580 4Matic in Norway?
New models started around 1.2 million kroner, with fully specified versions reaching between 1.4 million and 1.5 million kroner before the value-added tax exemption for EVs changed.