Picked up a CVP 2024 EQS SUV this past week and pulled ahead my former 2023 EQS SUV by a whopping 10 months early. Last month I received a Reignite certificate from selling my old E class to a MB dealer prior to lease end to capture the post covid $8k equity on it. Apparently since the lease was ‘bought out’ I qualified for reignite. Also, MBFS, through lease pull ahead, will wave 5 of the 10 payments. I knew for this to work out even or better in the end, I needed to be at a certain per month target which I thought was feasible with the reignite on a remaining 2024 CVP car. Plus when I added the $1500 needed for replacement run flats in about a month (close to 4/32nds but enough to pass turn in for now), it was a no brainer. Also, who knows what will happen with the $7500 ev rebate with all the changes taking place. I’d also benefit from 2024 updates including:
- Larger battery
- Heat pump
- Hyper screen (which I think is actually a bit much….)
- Improved brake system (huge plus as the 2023 ones were AWFUL)
- Free Electrify America (2025 reduced this to $1k for 2 years). I used ~$6k worth of EA in 14 months lol
Started my search and only found 4 within 500 miles from me. Yikes… not like the old days of massive inventory. I put offers on 3 but 2 sold in a day. The one that was left is the one I wanted the most - perfect spec (aside from the wheels) and perfect color combo. A few back and forth calls with the sales manager got the deal done. I felt there was still meat on the bone but still accepted as I did not want it to get away and it was well below what my target was.
I’m one of the few out there that, aside for the ho-hum looks, thinks the EQS SUV is a fantastic family car. The range on these is superb and they’re so comfortable to long distance trips. Had zero problems with our old one and happy to get into a new one.
Year, Make, Model, and Trim: 2024 Mercedes EQS 450 SUV 4MATIC CVP
MSRP: $114,505
Selling Price: $94,236 (17.7%) pre incentive
Incentives on top: $21,000 ($7.5k EV, $10.5k fleet, $5k reignite)
Effective Monthly Payment: $485 pretax ($535 post DC (hefty) 10.25% tax on the monthly)
Drive-Off Amount: $535
Months: 24
Annual Mileage: 7500
MF: .00054 (yep yep marked up)
MSDs: None
Residual: 56.56%, adjusted slightly for 5,500 miles
Region: NE
