Mercedes offers massive discounts on EVs as inventory piles up at dealers

[@ELCEV]

Good, let them rot in the sales lot. About a year ago I went to order a EQS and the saleswoman wanted $35,000 USD above list price. I told her no way, I said there will be a day they be wishing people will come and purchase their overpriced cars. Looks like that day is here.

[@siddharthassinha]

I have negotiated EQE Exclusive edition with Digital light, real excel package etc, 86K vehicle to around 68K. There are hundreds of EQ vehicles sitting at all the dealers lots.

[@heyramineni]

@@siddharthassinhathat’s a crazy good bargain. Which state are you from?

[@onywatch]

Bro, i cant believe it. And for the last 2 years, all car brand dealers want some extra money , they say they dint have so much cars due to chip crisis. İ always thought it just happened in turkey.

[@ELCEV]

@@siddharthassinha 👍Nice

[@martykey1574]

Yeah nahhh..

[@keithlambert6217]

Legacy and luxury automobile manufacturers have for too long based their prices too heavily on engine power and performance packages. I know we’re talking EV’s here but industry-wide Tesla has largely neutralized that. The consumer is left choosing simply based on whether or not you’d pay the delta for luxury. People are asking themselves: “Tesla has 80% of what I need would I pay 50% more for these 20% of luxury Mercedes offers?” As interest rates increase, clearly that answer is no

[@user-nl9me3er7w]

no i want a real dashboard and interior. i do not need luxury but i would like to have a few knobs and not feel like i'm in mobile jail cell

[@b3arwithm3]

But that is no different today with ice. You could say a Hondas and Fords have 80% of what you need but why pay 2-3x the price for a MB and BMW?

[@b3arwithm3]

​@@user-nl9me3er7wTesla started removing all the controls as cost saving but now some users are touting it like a slick thing

[@aaronmelson2887]

@@b3arwithm3 Yea, many years ago MB and BMW pretty much gave you MORE for what you were paying for. Better driving dynamics, luxury and of course status. Honda, Toyotas and even the American car brands gave you very basic transportation. I remember a time where the only vehicles that offered heated seats were on higher end luxury cars. Now, as you said, technology has caught up to the cheaper car brands, both in terms of luxury, driving dynamics and technology. I have a 2020 Chevy Impala premier. My car has bluetooth audio, leather, heated and cooled seats, heated steering wheel, adaptive cruise control, remote start, 2 person seat memory, panoramic sunroof, power tilt and telescoping steering wheel and a 305hp V6. Its no sports car but it can definitely keep up with traffic with no problems and I have all the creature comforts that some of which were only offered on the most expensive of Benz and BMWs. I like MB but I cannot think of a reason as to why I should trade my car for a Benz, BMW, Lexus or any other high priced luxury car when my car has pretty much everything I want for FAR less money. The MB EV's, to me, are a waste of money because the only reason I can think of why someone would want to buy an EV is because they want to not use any gas or put carbon into the air. A Tesla can do the same thing for half the cost.

[@zoransarin5411]

@@aaronmelson2887 You are thinking with common sense. A purchaser of an MB likely thinks differently. It's more of a status and refinement choice. An elite club. And they can afford it and wouldn't be caught dead in an Impala, no matter how good it is. That would make them commoners. It's a different mindset

[@richlin2384]

Not to mention Merc has the worst service department ever

[@PassportBrosBusinessClass]

8%- 12% interest rates ain’t helping move an $80,000- $150,000 EV huh?

[@teardowndan5364]

Many BEVs losing 30-50% of their value over the first year doesn't help either. Buyers who do their homework don't want to get screwed over by that, which means manufacturers and dealerships need to absorb a chunk of it.

[@brunosmith6925]

Most people who can afford a car north of $100k are not usually bothered about interest rates. (I'm probably in that category - if I want something, I'm lucky enough to afford it most of the time). These cars are not selling because people are looking beyond the expensive cosmetics, and seeing that technologically, they are inferior. Better technology is available at 40% less money - and even when money is no object, few people are that stupid to pay well over the odds for a product that is inferior.

[@PassportBrosBusinessClass]

@@brunosmith6925 That’s absolutely the wrong way to think about it. It’s not about “what can be afforded“, it’s about what the monthly payment comes out to be. The vast majority of Americans, who are buying something on deferred payment, are concerned with the monthly payment. The reason why BMWs cars move faster is because BMW offers better lease deals than Mercedes does. For the IX BMW asks for $8000 Down and give the car to you for 799 a month. The only EQ product comparable is the EQE and Mercedes deals aren’t as good on that but anyone who’s in this market wants an EQS or EQS SUV, which cost way more than $100,000. If the people truly could “afford” it, they would simply buy it in cash, which they mostly can’t or won’t do.

[@samusaran7317]

@@teardowndan5364 Maybe they should consider keeping the car instead of getting into one every 2-4 years. Cars are bad investments

[@hokeywolf3416]

Right! I don't even need to finance my $40k Tesla.

[@brunosmith6925]

People are discovering (usually at great personal cost) that a legacy brand's reputation in ICE cars is not necessarily transferable to their EV offerings. As people appreciate that computers and software are massively more important than mammoth-pube stitching in the seats, so they are abandoning these expensive EV duds from the legacy automakers.

[@OtisFlint]

MBs ICE vehicles aren't great to begin with, their EVs are especially junk.

[@jarrodf_]

Tesla are likewise heavily discounting - especially in China, where BYD is dominating EV sales. Tesla is lucky Trump slapped a 25% tariff on Chinese EVs sold in US. Otherwise, MB and other luxury Euro brand customers don't buy on cost but quality; frankly, Tesla build quality is nowhere close to Euro OEMs

[@zoransarin5411]

I agree to a point. MB make luxurios cars. You have to give them credit for that. They made that space their own. So if you want high end luxury in your car, an MB is a good option. To transfer that into an EV suits what MB is. But if you want your luxury to include high end software, then MB falls down. Tesla is well on top when it comes to computers and software and the option to have the car drive you some point in future. But even as a Tesla fan, I would not compare the interior of an MB to that of a Tesla. Its like chalk and cheese. MB needs to find where it will exist in the new EV world just as it did in the ICE world.

[@jarrodf_]

@zoransarin5411 Even Tesla's tech is way over-hyped; no lidar, for example; lack of driver screen in most models; no HUD; no bidirectional charging, etc... That all said, MB and BMW aren't making their lives any easier churning out terrible-looking EVs; a cynic would say it's a deliberate strategy for compliance purposes, while they milk the last of the ICE age (and realise full depreciation of ICE investments)... Toyota is a a bit of a basketcase strategy-wise, but they sold 10 mil cars last year (Tesla's sold 10 mil in its history); though, Toyota's not stupid, they'll be churning out reliable low-cost EVs well before decade's end as Chinese companies are already.

[@Saxafruge]

​@@jarrodf_ Chinese EV sales like the Nio are doing poorly in Europe, and the Chinese Polestsar is doing poorly in the US. Tesla loses in traditional build quality measurements, but i own three Teslas and I've never had a rattle ... These are minimalistic tech cars that beat the competition in real world value

[@OtisFlint]

It's also worth noting that there is a ton of price pressure on consumers in the US, and unlike most recessions the job cuts are starting with higher earning positions. We're calling it the "rich-cession". Where i am in the US, tech workers, finance/banking, etc are getting laid off, but blue collar labor is in high demand. Self-employed landscapers are making as much as engineers. The types of people who would be in the market for these cars, high income / white collar but not truly wealthy, are concerned about their jobs and they have cut spending on luxuries.

[@charlesvanderhoog7056]

This is the most interesting remark I have read for a long time. Its content is totally new to me.

[@isaacsanchez4984]

Where do you get these "facts" from?

[@bobsacamano4648]

All these luxury German brands have milked the market for years, and are now been shown their place by Tesla. I have always chosen BMWs in the past, never again.

[@eb7912]

Same for me. And my BMW does not sell at all. I lost so many money in one year I own it. Ver very disappointed. My Tesla will be delivered in 3 days. Can’t wait for it. My bmw has a lot of missing basic equipment. That’s why also unthinking does not sell 😞

[@icosthop9998]

Many are stating this.

[@larryc1616]

Got rid of my BMW complete worthless junk

[@doriangray6985]

Smart

[@jurgenwehner3607]

Driven BMW the last 30 years; now my last BMW purchase - a convertible - just sits in garage as I always prefer to take the Tesla Model S.

[@r1pperuk]

In the UK EVs are just too expensive FULLSTOP

[@manimalworks7424]

I have the cash to buy one, but I looked at the EQE, it's range was 260 miles and prices more than $87k, I ended up buying a $32k Toyota Camry hybrid.

[@zoobrizz]

Sure 🤡

[@mcherry8010]

​@@zoobrizz😂

[@SOLDOZER]

Yeah, people shopping for $90K car always go with the $29K Camry.

[@manimalworks7424]

@@SOLDOZER $32107, plus 9.25% sales tax, plus tag and doc fees. NOT $29K! I'm not rich, but saved enough cash.

[@isaacsanchez4984]

​@@manimalworks7424yes, you can save even more taking the bus!

[@jealva]

Gas powered cars are the superior option for most people. People should have a free market choice, not be forced by governments to buy what some politicians want the public to buy. Politicians are anything but infallible so EV mandates should be dropped.

[@nerdbikes3841]

High interest rates and dealer hostility towards EVs are going to end up with lots of dealers out of business. Within 5 years we are going to see 1/2 of all car dealers in the US out of business.

[@OtisFlint]

Of course dealers are hostile, they make their money on service.

[@lrg3834]

Maybe more!

[@Cre8Lounge]

Now tell us about what the Federal Reserve will do in five years?

[@steffenfriedle3254]

For me as Mercedes Driver the issues are not the SW of everyday use, it works for me in most cases .. to be honest .. to drive from A to B the Mercedes Software is enough. Compared to the combustion cars the prices were like 20% too high - so of course I looked for competitors like Tesla as there are limits. But I REALLY REALLY dislike the Interior of the Teslas like Model Y compared to Mercedes .. My biggest problem so far with Mercedes are the dealers .. I think they are not necessary anymore. They just take their part of the money from the cake and Tesla for example does not have this . To have my warranty covered I need to go there and do the service .. and THIS EXPERIENCE to book a schedule is the worst, really .. I would expect my car can do this on its own and manages even the schedules. Tell me where to park my car and give me another until it will be changed back. I want the service to have a car, even when it is in service. I really don't like to wait at the dealer for someone to take my keys. My car/Merces should know where it was last time, checks if service is due or really necessary .. and also handles everything around this. If I have to wait send me vouchers for coffee and a cake. OK it could also be the mobile app of Mercedes - but to be honest the APP is crap too. Had to reregister like 10 times in 3 years .. They want to charge non brainer services for the pricy car .. I would understand 100 EUR / USD pa for a fully service regarding the app - but then it should be a killer app - which it is not .. So - the car is premium - but the IT services + Apps UI etc. are max entry class .. Nice design makes no good app ..

[@konstantinkennedy2244]

Any ideas or clues on incoming powerball numbers?

[@michaelbrady4432]

Mercedes dropped the ball on the EQ lineup when they went from concept to production. The concepts were sharp looking and had more of a futuristic style that really looked cool. The production vehicles look generic and dumpy in comparison. Add in the lack of wiz bang performance and you get to where we are now.

[@HeadQuarters-mi4ze]

I second that! You can't b.s. people with a sh*t design.

[@dontbanmebrodontbanme5403]

I think there are a number of factors to consider. First of all, no matter how you slice it, it's a car that costs more than $100k, so there's already going to be very few sales in this market. Like at Tesla. The overwhelming majority of their sales come from the Y and the 3. Then, when you compare an EQS 480+ to, let's say a Lucid Air, the Air beats it in speed (by a lot), range and is waaaaay cheaper. The EQS 450 starts at $107,400 and goes as high as $125,950 for the EQS 580. The Lucid starts at $78,900. Both cars compare, luxury-wise, so it's really hard to justify paying $30K (or more). Finally, interest rates are pretty high and it's a challenge to get a loan under 6%. Everyone has a limit and Mercedes needs to focus on putting out more $50-$80k cars. My wife and I both make six figures and we're not looking to buy any $100K cars anytime soon!

[@horbanalex2331]

100%

[@isaacsanchez4984]

Well is more of to have or not have situation. That is their motto the best or nothing!

[@chasf3433]

Maybe the blingy high tech interiors of Mercedes EQ models just don't appeal to traditional western Mercedes buyers.

[@allisterbullock213]

Bling was the exact word that I'd use to describe the interior. Then I'd imagine a pimp in a huge fur coat with a wide brimmed hat sitting in the back, like a kind of 1970' disco theme just missing a glitter ball in the roof. Harsh criticism I know but I guess some people like that stuff. However, it seems at odds with the expensive wood panelling that you see on those Greek(?) super luxury motorboats from the 1920's(?) I'm really not sure if the interior designer got their messaging right what with the eyeball vents that are 1960's. It's quite the menagerie.

[@chrisheath2637]

@@allisterbullock213 People are attuned to a smart phone thesis - one tech item, one screen, that does everything. A load of dials and buttons ? Naaahh....people's perceptions change quickly - and manufacturers of high ticket items need to get with the program....

[@williamgrunzweig571]

Good point. I always look at the age of the driver and demographic when I see a 100k car on the road. It's not a young person typically. Will they appreciate the single screen full integrated system? Or do they like something they are comfortable with and familiar with? The majority is the latter.

[@djdegaris]

The demographic for Mercedes S classes is old , conservative men. They preferred the W221 & will not buy these bling cars.

[@diamond_h0us]

Yeah, my parents who are in their target market couldn’t handle the interior on their EVs.

[@danielstefanovic2604]

eqe and eqs are good ev`s but way to expensive for what you get, the eqa and eqb are just bad, converted fosil cars to ev with high consumption.

[@Bognostrokulum]

My wife was a huge BMW fan fo quite some time. She used to speak about how while other cars are driving the body, BMW drives the soul. I being a biker myself never understood that- no car could get even close to a good motorcycle in terms of pleasure. This all changed for both of us after we test-drove a Tesla. And it wasn't even some very high end model- it was a simple Model 3 dual motor. After that she test-drove BMW 530e, just in case after which here words were "I can't imagine anybody buying it over Tesla." . When we bought our first Tesla Model Y and entered it for the firs time, my wife's car wisdom impressed me once again. This time she said "it doesn't smell like a new car in here! It smells of The future!". I never knew my wife was such a poet about cars 🙂

[@andreiarama8745]

Not very fair to compare the best EV on the market with probably the worse BMW 5 series,a plug-in hybrid that was built for one purpose only and that was lowering the average CO2 emissions on the entire range.

[@Anomize23]

Nah, that smells like what an RC car is😂

[@1FreedomNation]

Tesla=Plastic Car, low quality. Cant even compare to bmw and mercedes.

[@isaacsanchez4984]

Ahh must love but no Tesla looks are from proyect car than has not been finished.

[@IamPali2024]

I’m glad this is happening because (as a Mercedes owner), I was extremely disappointed with their EV lineup when considering the price to features offered, the extreme laziness in creating a competitive design, the materials utilized in interior and exterior lack severely when compared with Tesla. They just thought, yeah we have great tech and we can charge a double premium for it and they are wrong

[@BassicVIC]

Exactly the same here! ☺️

[@BruceBoschek]

The bottom is falling out of the ev market and Mercedes is just one manufacturer. Battery powered cars? You can fool all of the people some of the time and you can fool some of the people all of the time, but you can't fool all of the people all of the time. It's nothing new.

[@At_the_races]

Mercedes can’t give EV’s away.

[@Perfectlyhonest22]

Unsold Inventories are piling up on most EV dealer lots and Tesla sales are decreasing as well, the honeymoon is over

[@scratchsescape1978]

I'm just speculating. We may have reached EV market saturation. Ideal product for many people is almost useless for others.

[@jamespaul2587]

We're not even close to that point. With improved charging infrastructure due to NACS adoption, along with more variety, better range, faster charging and lower prices as production ramps, EV growth over the next few years will be much higher.

[@scratchsescape1978]

@@jamespaul2587 "IF" they can achieve what you listed, yes. How do they lower cost significantly? I don't see that happening or even possible . Current battery technology is what it is and lithium is stretched as far as it can go. I think Tesla has a ways to go but I see little future in their truck outside current EV buyers. Ford, GM and the other manufacturers are already taking significant losses in this market and have openly stated they're re-evaluating that direction. Many current EV owners were able to enter this market because of tax incentives. That's not a draw for many and probably most consumers.

[@jamespaul2587]

@@scratchsescape1978 cost will be reduced as production ramps, and as battery technology improves and falls in price. We've already seen substantial reduction in battery costs with lithium iron phosphate batteries. Tesla's continued improvements as they streamline production with giga castings, structural packs and other improvements will result in more affordable vehicles with comparable margins.

[@tz7710]

Infrastructure + Battery improvements are needed. Also we might see blockade of Chinese EVs for anti-dumping allegations. The Chinese pricing would bankrupt everyone, so this is somethinf i expect will happen.

[@aitorbleda8267]

​@@tz7710 The Chinese do kake money on 250 mile range lifepo electric cars sold for about 20k. You can't get a civic in the us for that, it is about 30k. A civic.

[@cerverg]

The biggest issue with manufacturers (I'm kinda including Tesla here as well) is the total disconnect between what most potential buyers want and what the manufacturers want. With this kind of economy (which is getting worse everywhere) most buyers want simple(no useless extras and "luxury") somewhat small affordable cars with a decent range and somewhat acceptable charging time. What manufacturers want: big bulky and heavy cars (SUVs and Pick-ups) full of useless extras and "luxury" small shitty batteries usually electrified ICE cars with very slow charging time. I'm not surprised that cars keep on piling up at dealerships, I'm surprised that they are selling any at all.

[@KungPowEnterFist]

OMG, like so much. My Mercedes local dealer, which is the one of the biggest in my state, has one in inventory. That's infinite percentage more than they had last month, which was zero in inventory. Meanwhile, over at the Tesla dealer, there is no customer parking. You have to park across the street at Walmart. The inventory has spilled over to the point where they are now parking them (illegally) in the side streets. Its a total sh8t show. My BMW local dealer now has one i4 and one iX. The custom order queue for 2024 i4's and iX's is nearly sold out.

[@kenwk2283]

Dude not sure where u r but here in Arcadia CA we have 70 in stock EV per dealer website. Also 11 bmw i4 over at the BMW Monrovia.

[@johnsmith-i5u]

Excellent video!! Lots of insight into the EV car market.

[@mingxu0301]

My friend bought an EQE SUV here in US. Man, she regrets every minute after receiving the car. The vehicle has problems pretty much every week, practically unusable.

[@sorinelpustiu5674]

i JUST looked at used prices in europe. I have NEVER seen such a drop in value in my life. They start at 118,000euro and you can get a "used" 2022 with 2900km on the dash for 68,000euro!! wtf

[@OtisFlint]

Lol that's amazing.

[@icosthop9998]

I could be wrong, but I think The newer generation does not care about Luxury brand names anymore. If you are a Rap🌟Star, it is nice to have a Luxury vehicle park by the "crib".

[@Jackie-Brown]

Agreed! Which is why the argument for luxury=better is no longer. Mellenials and gen z doesn’t care about leather seats and wood grained interior. So old!

[@zenster1097]

Well I think minimalism is luxury. Sure there's a lot of Teslas out there and you could argue that uniqueness on the road is an element of luxury (as well as quality components which sure many other cars my have better stitching and better leatherette pieces), but I think minimalism and glass roofs are very luxury and Zen-like open feeling to the "vast" space feeling which is a breath of fresh air. "Luxury" is somewhat subjective. But you want to know what isn't subjective? Safety. Tesla wins. Software? Tesla wins. Charging infrastructure? Tesla wins. Range vs most luxury EV cars (except Lucid)? Tesla wins. You're telling me your "Luxury" vehicle is less safe, has worse software that won't improve the car over time thus reducing depreciation, doesn't have the charging infrastructure let alone the range? And you want me to pay MORE? I think those things are luxury. Why would my luxury vehicle not be safer? It should be the safest car to drive.

[@puzer1]

...riiight, the TIK-TOK influencer generation does not care about luxury brands...lol, you might want to look around you a bit...

[@jimpackard8059]

Tesla screen controlling everything - Tesla loses. I do not think that is an improvement to safety. And everyone hates the removal of storks

[@Lifecoach7Ra]

Yes, and if Gangster Rappers and ethnics with a different attitude towards someone’s elses properties drive Mercedes the former buyers go on to other brands offering more value for their usually hard earned money. So in design and luxury the new trend goes towards what Genesis, Kia and Hyundai do, and also in technology they are not far from Tesla and alt least in Switzerland Tesla is what once the Volkswagen Beetle has been. You see too much of them, so they also get somewhat boring to the eye. My EV6 is still quite unique in my region, outstanding from the crowd that I do not like and not even now in stock of dealerships. But there are importers that have several pre-configured models available! People also underestimate the Korean car company that wisely reinvented themselves now, with already a long EV experience that others didn’t have at scale. From cheap and reliable only they got to the new primium out of recycled materials to address the concerns of many modern thinking customers like me with 72 years😂🤓🇨🇭With 333 PS and 608 Nm of torque it’s anyhow much more than in 1969 my Mercedes V8 with 250 PS and 500 Nm had that was faster then a Porsche 911! But today I make up to 500 km and at that time with 105 litres of petrol you went at best 400 km. Today my equivalent is 8 litres for the same distance with at least the same interior luxury and much more not available by then!

[@panathaninf]

Weren't you telling us a week or so ago that Mercedes EVs are selling like crazy?

[@hangemhighholidaylighting6902]

got new data

[@puzer1]

@@hangemhighholidaylighting6902 lol, no it isn't...dealers have 100 day average EV's on the lot compared to 50 for ICE vehicles across the board in the US...

[@enriqueali]

A lot can happen in a week. And information gets constantly updated

[@tz7710]

​@@harmony3138he also said Toyota is going bankrupt. But, Morgan Stanley analysts said that Toyota is leading the race to mass-produce solid-state - recently teamed up with Idemitsu whom already has a working sulfide solid-state, pilot line construction is set to be finished in 2027😂 Stock is up 30% in 6 month, yeah ill take trust Morgan Stanley analysts over a KZbinr😂

[@pontiuspirate1925]

He’s just throwing darts at a board and reading the numbers off. Sam is obviously getting a commission from EV lobby groups. He’s constantly pumping out these videos every few hours so he obviously doesn’t have a real job.

[@MoutonRothschild]

I am a Mercedes-AMG owner, and I am looking to replace my current GLC. I have decided to go fully electric. Unfortunately, there is no electric alternative from Mercedes in that class yet. In general, I see a two major problems with Mercedes EQ models. (i) The prices were too optimistic from the get-go. They lowered them recently, but the demand has not picked up. (ii) They build their electric vehicles the way they are used to do with their ICE vehicles: unclever packaging, waste of space, no front trunk, small rear trunk, etc. Why not just copy Tesla and offer a lot more usable space? I do understand. Look at the EQE sedan: ridiculously expensive, no frunk, minuscule rear trunk. No, thanks. All in all, they should abandon their current approach to building electric vehicles and start over with a better product.

[@ГеоргиКолев-ш3я]

EQS is more of the Model S category. I don't know why it's been compared to Model 3

[@isaacsanchez4984]

Viking compared the EQE

[@garrycroft4215]

The Mercedes/Geely 50/50 partnership is making the Smart #1 & #3 range. The motoring journalist agrees that the Smart brand has more kit than Mercedes at far less money. Geely also make Volvo, Polestar, Zeekr and Lotus. On their SEA1 & SEA2 platforms.

[@rein2889]

Since the new Model 3 is still months out in North America its impact is minimal at this point (so worse is yet to come for MB). What’s hurting them most is the Model S & X price drops. The base Model S now starts at $75k. This matches the entry level EQE350 while having better specs than the EQE500 & EQE-AMG up $10k & $30k respectively. And then there is a Model S Plaid that Motor Trend just reviewed calling it a better track car and more of a drivers car than the Taycan. All for $90k. Things are even worse than this for the EQE SUV with the Model X price dropping to $80k qualify for the tax credit for a $72,500 base price for those who qualify. The EQE SUV starts at $80k & also qualifies for the tax credit. Again the base Model X has superior specs than the top end EQE SUV.

[@hotdognobun]

The problem is trade in and resell value. Nobody wants to but a used EV out of warranty and with its battery health aging cause we know how much it cost to replace. Depreciation on EV's is high

[@Claude_van]

Working people (90%) can neither afford the price nor the risk. It’s all planned economy but not by the people.

[@duanejahn2368]

Price still matters. Comparing the price of a Mercedes eqs to a Tesla model 3 tells you why the Tesla is the buyer's choice.

[@adampaclt3252]

Why not ? Tesla is more premium car these days… and at least from interior quality perspective its perfectly comparable even with model 3 😂

[@Peye-pv4cb]

Doesn't safety matter before price, with any vehicles someone purchases

[@dabulls1g]

@@adampaclt3252hardly a more premium car when 140,000 model S plaids still shake, rattle and roll with panel gaps.

[@adampaclt3252]

@@dabulls1g Buy EQS and you’ll get the same.. Battery cost so much that they need to save money somewhere else.. interior of EQS is not worth the brand. Tesla is at least innovative.. they always try new things and ideas.. and always surprise.. They will own majority of the EV market anyway.. them and Chineese companies (unfortunately..).

[@bau33]

C'mon - Tesla build quality is lower than almost any European/Japanese car...

[@rainersta7073]

The same problem in Germany with EV's. Charging Energy too expansive, gasoil prices got lower last 12 months while Charging prices went up, too much handling problems (no roof&stuff) , too high prices, too much problems in winter. About 30 % of ev owners will go back to gasoil cars. Much less trouble.

[@Paul-li9hq]

Let's face it... in the UK, certainly, you're going to need to get at least 10 grand off the price, so you can put that money towards the first insurance premium (assuming there are any companies left who will agree to cover Exploding Vehicles) 😂

[@imBugra]

I visited one MB dealer last week, and they have 0% interest rate PCP now on an EQS. Would still buy an Eletre, honestly.

[@Karyabs]

EVs was a pipe dream from the beginning. You need to provide the infrastructure first then sell EVs. The hybrid is the best version so far (it's Toyota saying, not me)

[@lordpetrolhead477]

Interesting to see what happens as VW and Ford have suspended production of EVs. Ford has also suspended the development of its Battery factory in Maine.

[@gofres]

I believe GM have also joined the bandwagon.

[@martalli]

The changeover to NACS matters too. Using an adapter is fine, but it isn't a luxury experience. Who wants to pay 100k+ and then have to use an adapter? It's going to feel like mixing oil into your two cycle weed wacker.

[@NackDSP]

I own two Mercedes, one gas, one EV. There is no way I will ever buy another. What a nightmare. They are so unreliable and stupid expensive to repair. They are fantastic to drive, beautiful inside and out, powerful, quiet, smooth riding cars that work great for about 30,000 miles if you're lucky.

[@brian.z6592]

I heard that Mercedes is going to partner with Nio in EV segment?

[@FrunkensteinVonZipperneck]

They already work with Geely. A decade ago M-B stopped working with that other EV company… who was it? Oh! I remember- TESLA.

[@brian.z6592]

@@FrunkensteinVonZipperneck And Mercedes worked with BYD few years ago.... 😂

[@One_don2612]

I think Benz should’ve did the bmw route like the eqs should look like the out going s class instead that weird design

[@familyjenkins965]

It’s end of year promos. I just got a huge promo on the SL63. It’s not just EVs. Minimise stock for year end closing.

[@ekimandersom4478]

EV IS NOT THE FUTURE! It never was

[@Oracleman1]

I thnk they need to drop the Liberace interior style

[@francismazanet2769]

I'm wondering if this was click bait. It would have been appropriate for you to provide a link showing the 25% discounts.

[@EVVolksmanID.4]

It’s a good time to buy/lease an EV. Checked local MB dealership they had 11 on the lot. VW has 533 ID.4’s in a 50 mile radius. Tesla has cars I stock. I know someone who was allowed to test drive a MY for the whole day and bring it back in the morning. They even tested the Supercharger!

[@waynewallace2061]

Our Audi dealership is loaded to the gills with EV's. probably 2/3 of the entire inventory.

[@OtisFlint]

@@waynewallace2061 Lol

[@siddharthassinha]

Yea, Tesla sales also plummeted. Overall EV market is down. Best time for leasing anything offering 2 years free charging.

[@grahamcollins3003]

Mercedes PCP or PCH pricing strategy in the UK is insane. They are way too expensive and consumers are going elsewhere. They dug their own grave no go jump into it Mercedes.

[@SugarRushTimes2030-gs3qp]

As soon as gas goes up to $6 a gallon usd those piles will dwindle.

[@joedriver2588]

They aren't selling mainly because of the prices. I truly wanted to get an EQS, but after test driving it, and coming from a Tesla Model 3, the benz software and functionality lags way behind Tesla. At this point it looks like I am going to get the Model Y or the BMW. The bottom line is, Mercedes prices are way to high for what you get.

[@guringai]

Hilarious comment about the cheesy design of the Merc appealing to big gold chain wearers! Totally get that

[@pontiuspirate1925]

Unsold EV”s are piling up because the market is flattening out. The initial rush by relatively wealthy people and early adaptors to get into EV’s has slowed down. The NRMA in Australia released a report last week showing that the top selling vehicles here are ICE SUV’s by a ratio of 3 to one. That is 3 ICE SUV’s are sold compared to any other type. The second most popular vehicles sold in Australia are 4x4 “utes”, that is Hilux, Ranger, Isuzu D-max, Mazda BT50, etc. The EV uptake here is very slow.

[@reececollison5101]

Entirely not surprised in Australia where given the vast scale of the country and av EV’s limited range

[@NebulaElite]

Mercedes has more problems than that.

[@lauconsulting]

I like Sam, but I have no idea where to find these discounts. I was at my Mercedes dealer yesterday to test drive their EQB. There were no discounts to be had except the $7,500 rebate on EV leases. And the time each vehicle was spending on the lot is very different than the numbers reported by TFL that listed the X1 as being the vehicle sitting on dealers lots the longest.

[@MrGMawson2438]

Cheers mate

[@thescouselander5531]

MB, GM, Ford - they're all having serious issues selling EVs. Seems to me the number of potential customers who'll accept an EV is small and so the market is easily saturated. This is a serious problem for the industry.

[@richardrhodes-gc2ko]

Wait for it...KZbin Outrage over reporting the FACTS! :)

[@fredhearty1762]

Just like Ford, GM, and other EV makers, Mercedes Osborned themselves by offering the NACS (Tesla) charging system in 2025. Distress associated with the non-Tesla charging 'system' in North America is palpable.

[@spencerpieters5502]

I played with the configurator of the EQE 350+ long range. The WLTP range is great but those prices. 😮 Add options and price goes up by the thousands. And it’s already a lot more expensive compared to a Model 3 in stock form.

[@rainersta7073]

Can't compare M3 with EQE. It's at least one class higher. 50% higher price is well worth. Just do a test ride

[@Middlemoss61356]

Viking, you are very accurate with your analysis of ownership of vehicles in the pecking order of which one inspires to own. I as a penny pincher will spend all of them on the best product available. As far as I'm concerned TESLA is the best value. Maybe not as posh as some competitors a vehicle that is built and designed by rocket scientists is the investment one should make. Thank you for providing me with all the information I need to make a clear and proper decision.

[@jimpackard8059]

Were they the same rocket scientists that designed the Semi ? A truck that looks like it could be a complete duffer . Nobody that I know in the freight industry can even take it seriously

[@Caviclade]

I wasn’t aware Space X merged with Tesla /s

[@Middlemoss61356]

@@Caviclade ELON ... + Many people from space X went to work for TESLA many years ago. This is public knowledge. I hope this helps you understand.

[@Middlemoss61356]

@@harmony3138 a silly thing that will never experience dings &dents that you get in every parking lot. And if you ever had The misfortune of experiencing road rage, you can sit back and watch your infotainment system while you wait for the police to arrive. It may not be your cup of tea, but safety and performance is a necessity in the vehicle you purchase. I wouldn't trade safety & performance from a silly looking vehicle.... Says you, Over my family's life or my own for that matter. Having luxury vehicles & high-end pickup trucks . Not having to be concerned about scratches on the paint job or criminals easily breaking the windows to access my belongings. This vehicle grew on me very rapidly. You continue to look good in your cool vehicle and I in my CYBERTRUCK will too .

[@Caviclade]

@@Middlemoss61356 Elon is the CEO of both companies, what rocket scientist’s work at Tesla? Names? Sources? You make it sound like a team of Rocket scientists went from working on rockets to working in cars. That seems highly unlikely…

[@waynewallace2061]

You have to have reliability to encourage repeat sales.

[@Soulboy63]

When manufacturers cant sell , some good deals on Lease appear ,.i have never leased , but it might make sense witj 1st EV Or else i buy 50 % off , less than 2 years old , with the longest warranty , Kia or Toyota , 7 & 10 years

[@anotheryoutubechannel4809]

12:10 count me as one of those. And a Rivian R1S while waiting for my Cybertruck.

[@tomsoleymanbik3266]

love it the electric Viking is a guy living in Thailand previously Australia (who hate EVs) and he doesn't have a ev himself. lol

[@joshuarosen465]

I'm unclear about what's un S class like about the EQS, i also don't get what it is that so many people find unattractive. I like the looks of the EQS but im also not a Mercedes buyer and never have been, spending that kind of money on a car has always seemed ridiculous to me. Would someone who buys Mercedes please explain what it is that they are looking for and why the EQS doesn't scratch that itch?

[@siburrman6111]

Friend just got EQE and has regretted it. Software bugs is a major issue.

[@BloodyShambles-g9z]

ty very informative, subbed!

[@electricviking]

Awesome, thank you!

[@mercboy111]

Great video. I love Mercs and have been with the family since the late 80's with the W123. I'm from SEA and in a country where the electric grid is nowhere near enough to sustain the energy requirements of every household, how did MB expect to penetrate this market? I remember when Mercs were selling well with C and E Classes during the early naughties. Now it's more of the cheaper products with inferior build quality and engines at a higher cost. IMO they've lost the plot.

[@simson4t]

So Mercedes does the same to move cars that Tesla does the whole year

[@bradenkun]

Wow!! I never expected that. I see a TON of EQS sedans and EQB SUV’s in Vancouver. However I’ve probably only spotted maybe one or two EQE sedans and never ever saw an EQE SUV. Vancouver being one of the highest adopters of EV’s in Canada, perhaps this can be an indicator.. regardless, dealers here in Canada tend to be hungry for used vehicles still over new.

[@glennduncan6843]

It is not just Mercedes that is having sales problems, local manufacturers like Ford, have over a years supply of Mach E's on lots, GM stopping production, etc, etc. EV's just don't work and the public have realised Hybrids are the way to go. Now proven that full EV's are impossible to live with under normal circumstances. All right if charging at home and just doing local runs with returning home at night to charge. The moment goes away from reliable charging, it becomes a nightmare of slow, broken or just plain busy charging stations where it takes hours to even part charge. Plug in Hybrids, or standard Hybrids have proved that this is the answer. If all vehicles Hybrids, fuel usage, and therefore greenhouse gas emissions would be cut by up to 75%, and this would be a great improvement in the short term, eg to 2035, than we currently have.

[@scooter5940]

First, these manufacturers were pretty much pushed into increasing their EV offerings by regulators. Second, all of these traditional manufacturers made a huge mistake estimating longer-term EV demand. They mistook early adopters who either wanted the “cool” factor, or else had a use for an expensive commuter car without worrying about range anxiety from one used on linger trips - for much broader acceptance by the marketplace. The growth rate is slowing rapidly and the more people that experience EV’s, the more people sour on them.

[@beaublincoe608]

Sam, the biggest headwind to EV sales in the US is that recently the federal government has solidified that starting January 1, 2024 the $7500 incentive is not a tax rebate anymore. Everyone is waiting to get an EV after that time. People will wait 3-4 months to get that money.

[@Anomize23]

But nobody wants to talk about the registration fees that are more expensive or should i say double than ICE. Some states and countries are already implementing this. They are getting their gas sales taxes back for what you’re not paying at the pump. whether EV owners like it or not that little incentive incentive isn’t gonna matter down the line.

[@beaublincoe608]

Two family members just bought $70k vehicles, one ICE and one EV. No difference in registration, plates etc. Nothing wrong with state getting the tax for roads that EV’s wont pay at the pump. I know some states are trying to implement EV taxes that are above and beyond. Doesn’t make sense.

[@SOLDOZER]

Not true. You need to research the Inflation Reduction Act tax credit for EV for 2024+. The $7500 is not going away.

[@beaublincoe608]

@@SOLDOZER I didn’t say it’s going away.

[@charlesvanderhoog7056]

How's software updates going with Mercedes? Or do they still do a sell-and-forget business model? If so, the Mercedes EV management board should be fired wholesale.

[@hondacar]

Electrification has been the great equaliser for brands other than the legacy brands. Someone with an upcoming MG4 XPower($60,000) would probably smoke all non-AMG offerings.

[@mpc365]

Does the Mercedes have indicator and wiper stalks? Then it’s better than a Tesla

[@streetmoney21]

Mercedes EVs are boring and you are right about the pecking order. Most people are buying this vehicle for public validation. Like you said it’s like wearing a big gold chain, but to a grocery store. It’s horrible value for the money and I ghost them in my MYP whenever they try to keep up. I have a neighbor who bought one and he literally tried to race me 😂. We are in the era of quiet luxury so the circus lights making the car look like a nightclub inside is cheesy as hell. All the screens on the dash are a gimmick and overkill. They are slow and can’t provide the same utility as a Tesla. I can easily afford one and have had true AMG cars in the past and loved them. Mercedes has lost their way where their primary focus seems to be on public image instead of bleeding edge innovation. Yeah I am not going to waste another dime with them after experiencing the value Tesla has to offer.

[@arxeiapersonal8109]

🤣🤣🤣🤣🤣🤣

[@SOLDOZER]

He was saying the Merc interior was super tacky and would only appeal to big gold chain guys. He was not saying people buy the Merc for validation.

[@cchubbycatt]

My point of view and open to feedback. Many people might be considering buying an EV is like buying an early iPhone (slow, lacking features). In few years, more range will be available for less price. And we may see this when the solid state batteries revealed by Toyota.

[@ralphrodriguez1206]

The reason these luxury manufacturers are building EVs in the first place is mostly due to government pressure to be Carbon Neutral. As a MB employee I can see that most have a plan to be neutral, which does not mean fully electric, but rather neutral in the amount of carbon emitted by ICEs. The largest challenge that manufacturers are facing is “range anxiety” Tesla is not considered a luxury brand just an advanced tech car with zero luxuries. THEY ARE NOT EQUAL and Tesla had to significantly reduce their prices because they did not offer anything to be compared to a luxury vehicle in relation to MB or BMW. So I will disagree with your proposal. However, you do bring some good points about the market. Best!

[@johnjohnson3370]

Electric viking will talk about anything to get views hardest working utuber ever hes on fire

[@maschwab63]

One item to add: Electric scooters, 1 per person. Hook up to recharger, go for lunch, com back to charged vehicle.

[@SUB-Entertainment]

Excellent review on EVs. It's simple agree we need to protect environment but majority do not understand why buying an ev will save the environment Government must work with scientists to bring up air purifying plants based on pollution area..the knowledge and machines are available Government just need to provide incentive to those machines

[@onlineaccount]

If I was to spend on a new eV car and it had to be an everyday I'd just get the cheapest that suited my needs and with any money left over would buy an older ice car that was fun, I don't see any real difference between a cheap eV and a top line eV, both will do the same function of going from a to b, however with an ice car you can see more where the money has gone and the noise or performance changes and how it drives too. That being said most eV will be quicker but as humans we like emotion feel and individuality, an eV is just a box for a purpose with no thrills and once you have driven it quickly it then just becomes boring, I have driven a few now and love going back to an ice car every time

[@jimpackard8059]

Very good points

[@FrunkensteinVonZipperneck]

Why the Frunk are you drooling over EVs on this channel?

[@Species-lj8wh]

It seems those who really wanted those cars and could afford them at any price have bought them. Regardless of Manufacturer, Mercedes, Tesla, Ford, Lucid etc. As this global recession grinds on, interest rates rising. Savings of even the most stingy being depleted. Those who relied on debt to buy whatever they wanted, can no longer. Add on the fact the last few years of dealers selling New and Used vehicles at 100 to 180% Loan to Value. It had to stop sometime.

[@beastieboy3926]

I very much doubt a Tesla has the build quality of Mercedes.The real reason is that the problems of EV`s has made many ppl reluctant to part a lot of money for them.All Ev sales will slow as more ppl learn of the problems,and there is growing concern about battery safety and reports being manipulated. There are a lot of ppl for example who just do not believe what has been reported about the Luton airport fire.Ppl are able to identify the propaganda,and they don`t like it

[@OtisFlint]

The MB EVs aren't good. My buddy is the lead tech at the biggest MB dealer in the area, the EVs are clogging up the shop because they're always in.

[@mikerelf1362]

The whole EV market has a problem...they are doomed.

[@thyristo]

Did you know that you can steer an electric car which has 4 motors without the need of a steering wheel - just by regulating the speed of each motor individually?

[@hangemhighholidaylighting6902]

that's chill

[@macmcleod1188]

There's a famous World War II bomber called the "old 666" and the pilot, Jay Zeamer, jr. steered back home that way after they were attacked by between 17 and 20 zeros.

[@OtisFlint]

@@macmcleod1188 The Fat Electrician is the man.

[@thyristo]

​@@hangemhighholidaylighting6902It's possible with all 4 motor BEVs...but the Rimac Nevera is the most advanced one regarding this. But not really an issue to do this even in a $20k BEV as well.

[@truthmatters5209]

Might want to mention that EV's are becoming un-insurable in Europe with premiums sky rocketing. This is destroying residual values which in turn will make PCP finance unaffordable. It's a death spiral that is set to destroy the uncompetitive French and German car industry due to their over capacity, rising energy prices and legacy infrastructure costs.

[@davidlloyd8135]

Some brand needs to come out with a 4 seater with a new standard of increase leg room and a plug that a owner can buy a 35kg battery to plug in and pull it out when you don't want it

[@jamie-ck6js]

The reality is maybe starting to sink in. In the US for every 100 cars being made only ten buyers are interested in EV. And with Tesla making up most of those sales you are looking at incredibly small numbers left over. Merc, VW, Ford trying to capture those tiny amount of buyers, something as to give and cars will stack up at dealers, there simply aren't enough buyers interested.

[@ChrisHodges87]

The “slightly higher price point of manufacturing EVs”? Is that true?

[@hangemhighholidaylighting6902]

Yes, sir

[@BrandOdyssey]

Electrification of vehicles reduces the differences between cars. Luxury cars are in trouble generally because Hyundai and Kia and Subaru makes cares that are at least as good as expensive German cars. But at a fraction of the price. And a fraction of the depreciation. As the Viking has just said the performance between electric cars isn’t significantly different enough to justify the extra price as is the case with ICE cars where the powerful AMGs justify the additional price.

[@lefuedebout]

I've read and heard of the stockpiling of MB electric vehicles. Stockpiling such as this should = lower and more competitive prices, especially in the 2nd hand market. Imagine my surprise and disappointment when I hot-fingered over to my local online car market and found this is not the way things are. There is no significant discount on MB electric vehicles as far as I can see. Apart from that, any EV costing 100k euros really ought to have at minimum a range of 500 km.

[@markokrasinski8033]

A few days ago the story was ev's selling like crazy. Now ev demand way down?????

[@warrenerickson4159]

I watched a video about the current Richcession, I think this explains it.

[@MrGMawson2438]

The German work force don't do EV's for a start

[@StanVanDam_OnTheMove]

the only big sales numbers for EV's are generated by the company cars and the fact that company's just don't even have a choice. I would think by now the largest orders have been made and so the sales are dropping.

[@musseda999]

Wasn’t the “Dutch oven” blamed on a Mercedes EV?

[@reececollison5101]

ICE cars are flying out of dealerships while EVs are just piling up unable to be sold. When will governments read the room that we DON’T WANT THEM?