Used Mercedes EQS loses half of its value in just one year

03 April 2024
Luxury electric vehicles are seeing a shocking drop in resale value, questioning their long-term financial appeal.

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  • Mr T

Val, 04 Apr 2024All your percentages are wrong, it seems like a copy-paste article.No, the percentages are correct, the way the data was presented isn't great as the original new price is missing. To calc the percentage, add the 1 year used price (what it is selling for after 1 year) and the price drop after 1 year; that gives you the original price. Now, divide the price drop by that original price and multiply by 100. In the case of the Merc, for example, it was 65143/(71231+65143)* 100 = 47.77%, or 47.8% rounded.

  • Val

All your percentages are wrong, it seems like a copy-paste article.

Unsurprising, but Porsche is even worse than that.

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