LuxuryModel Hub

Mercedes Benz Eqs 580

516 hp all-electric. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.

2024

Base Price

$135K

USD MSRP

Cheapest Country

🇻🇪 Venezuela

$34K/yr

Most Expensive

🇸🇬 Singapore

$58K/yr

5-Year TCO (US)

$359K

Total cost of ownership

Countries Tracked

Full cost breakdown

Years Available

Model years tracked

⛽

Fuel Efficiency

~12L / 100km

At 15,000 km/yr, approx. 1800 litres annually

📉

3-Year Depreciation

43% loss

Loses ~$58,050 from $135,000 base in 3 years

🔧

Annual Maintenance

$4,000

Typical for Luxury segment in developed markets

🏷️

Segment

Luxury

Competes in the Luxury segment globally

About This Model

Luxury Segment: Premium Costs, Premium Residuals

Luxury models carry higher purchase prices, insurance premiums, and service costs than equivalent mid-range vehicles — but they also deliver stronger residual values in established markets. The three-year residual value for well-specified luxury models typically exceeds 55% of new price, compared to 45–50% for mid-range equivalents. Buyers should account for the higher cost of consumables: premium-grade tyres, specialist lubricants, and manufacturer-specific service parts can add 40–60% to annual maintenance costs versus non-luxury equivalents.

The Mercedes Benz Eqs 580 is a Luxury-segment vehicle with a base price of $135,000 USD. 516 hp all-electric. Across 50 countries, annual ownership costs range from $34K in Venezuela to $58K in Singapore — a 71% difference driven by import duties, fuel prices, insurance markets, and local taxation.

Annual Cost Snapshot (US)

Depreciation

$33,750

Insurance

$2,150

Fuel

$1,620

Maintenance

$6,143

Registration

$500

Total Annual$44,163

Full US Breakdown

Interactive Chart

Mercedes Benz Eqs 580 — Annual Cost by Country

Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

Depreciation Curve

How Fast Does the Eqs 580 Lose Value?

Starting at $135,000, the Mercedes Benz Eqs 580 retains 46% of its value after 5 years — losing $72,900 in total.

Year 1

$101,250 (75%)

Year 2

$87,750 (65%)

Year 3

$76,950 (57%)

Year 4

$68,850 (51%)

Year 5

$62,100 (46%)

Market Value Over 5 Years

Cost Composition

What Makes Up the Annual Cost?

Annual ownership cost in the United States: $44,163. Depreciation is the largest single cost at 76% of total annual spend.

Depreciation

$33,75076%

Insurance

$2,1505%

Fuel

$1,6204%

Maintenance

$6,14314%

Registration

$5001%

Country Rankings

Where Is the Eqs 580 Cheapest & Most Expensive?

🏆5 Cheapest Countries to Own

#1🇻🇪

Venezuela

Purchase: $188K

$34K/yr

#2🇮🇷

Iran

Purchase: $280K

$35K/yr

#3🇧🇩

Bangladesh

Purchase: $388K

$36K/yr

#4🇪🇬

Egypt

Purchase: $215K

$37K/yr

#5🇳🇬

Nigeria

Purchase: $196K

$37K/yr

💸5 Most Expensive Countries to Own

#1🇸🇬

Singapore

Purchase: $207K

$58K/yr

#2🇭🇰

Hong Kong

Purchase: $290K

$53K/yr

#3🇬🇧

United Kingdom

Purchase: $173K

$48K/yr

#4🇧🇷

Brazil

Purchase: $204K

$48K/yr

#5🇮🇹

Italy

Purchase: $181K

$48K/yr

50 Countries

Mercedes Benz Eqs 580 — Annual Cost by Country

Based on 2024 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

#	Country	Purchase Price	Import Duty	Insurance/yr	Fuel/yr	Annual Total	Details
1	🇻🇪Venezuela	$188K	20%	$100	$18	$34K	View
2	🇮🇷Iran	$280K	90%	$160	$90	$35K	View
3	🇧🇩Bangladesh	$388K	150%	$220	$1K	$36K	View
4	🇪🇬Egypt	$215K	40%	$470	$720	$37K	View
5	🇳🇬Nigeria	$196K	35%	$570	$1K	$37K	View
6	🇷🇺Russia	$186K	15%	$720	$1K	$38K	View
7	🇮🇳India	$346K	100%	$370	$2K	$38K	View
8	🇺🇦Ukraine	$178K	10%	$520	$2K	$38K	View
9	🇵🇪Peru	$174K	9%	$620	$2K	$38K	View
10	🇵🇰Pakistan	$237K	50%	$470	$2K	$38K	View
11	🇮🇩Indonesia	$210K	40%	$670	$1K	$39K	View
12	🇻🇳Vietnam	$252K	70%	$470	$2K	$39K	View
13	🇬🇭Ghana	$186K	20%	$670	$2K	$39K	View
14	🇶🇦Qatar	$142K	5%	$1K	$342	$39K	View
15	🇲🇾Malaysia	$186K	30%	$980	$936	$39K	View
16	🇵🇭Philippines	$197K	30%	$780	$2K	$39K	View
17	🇸🇦Saudi Arabia	$163K	5%	$1K	$432	$39K	View
18	🇹🇭Thailand	$260K	80%	$880	$2K	$39K	View
19	🇰🇪Kenya	$196K	25%	$780	$2K	$40K	View
20	🇲🇽Mexico	$188K	20%	$1K	$1K	$40K	View
21	🇨🇴Colombia	$217K	35%	$1K	$2K	$40K	View
22	🇦🇷Argentina	$221K	35%	$1K	$1K	$40K	View
23	🇦🇪UAE	$149K	5%	$1K	$792	$40K	View
24	🇷🇴Romania	$177K	10%	$1K	$2K	$40K	View
25	🇭🇺Hungary	$189K	10%	$1K	$3K	$41K	View
26	🇨🇱Chile	$170K	6%	$1K	$2K	$41K	View
27	🇨🇳China	$175K	15%	$1K	$2K	$41K	View
28	🇨🇿Czech Republic	$180K	10%	$1K	$3K	$41K	View
29	🇵🇱Poland	$183K	10%	$1K	$2K	$42K	View
30	🇿🇦South Africa	$194K	25%	$2K	$2K	$42K	View
31	🇰🇷South Korea	$160K	8%	$1K	$3K	$43K	View
32	🇬🇷Greece	$184K	10%	$1K	$3K	$43K	View
33	🇵🇹Portugal	$183K	10%	$1K	$3K	$43K	View
34	🇹🇷Turkey	$292K	80%	$980	$4K	$43K	View
35	🇪🇸Spain	$180K	10%	$2K	$3K	$43K	View
36	🇯🇵Japan	$149K	0%	$1K	$3K	$44K	View
37	🇫🇮Finland	$184K	10%	$2K	$3K	$44K	View
38	🇺🇸United States	$138K	2.5%	$2K	$2K	$44K	View
39	🇳🇿New Zealand	$163K	5%	$2K	$3K	$44K	View
40	🇸🇪Sweden	$186K	10%	$2K	$3K	$44K	View
41	🇫🇷France	$178K	10%	$2K	$3K	$44K	View
42	🇦🇹Austria	$178K	10%	$2K	$3K	$44K	View
43	🇩🇪Germany	$177K	10%	$2K	$3K	$45K	View
44	🇨🇦Canada	$150K	6.1%	$2K	$2K	$45K	View
45	🇦🇺Australia	$156K	5%	$2K	$2K	$45K	View
46	🇳🇱Netherlands	$180K	10%	$2K	$4K	$46K	View
47	🇧🇪Belgium	$180K	10%	$2K	$3K	$46K	View
48	🇨🇭Switzerland	$155K	6.5%	$2K	$3K	$46K	View
49	🇳🇴Norway	$211K	25%	$2K	$4K	$46K	View
50	🇩🇰Denmark	$422K	150%	$2K	$3K	$47K	View
51	🇮🇱Israel	$289K	83%	$2K	$4K	$47K	View
52	🇮🇹Italy	$181K	10%	$3K	$3K	$48K	View
53	🇧🇷Brazil	$204K	35%	$3K	$2K	$48K	View
54	🇬🇧United Kingdom	$173K	6.5%	$3K	$3K	$48K	View
55	🇭🇰Hong Kong	$290K	115%	$2K	$4K	$53K	View
56	🇸🇬Singapore	$207K	41%	$3K	$3K	$58K	View