[Unobtainable] Mercedes-AMG EQE 53 4MATIC+ SUV: $166,691 (Save $23,209) + On-Road Costs @ Mercedes-Benz

0 0 0 on 27/05/2024 - 21:51
Last edited 28/05/2024 - 16:34 by 1 other user

Moved to Forum: Original Link 33% Luxury Car Tax on above threshold price was omitted in the price, this deal is unobtainable. — Mod

Phew! Glad I held out on buying the Lotus, Renault, Peugeot, BYD and Tesla because Mercedes Benz has decided to have a fire sale on EVs and slashed prices of the EQE range including the AMG EQE 53 by up to $23k!
Even better is that some of the in stock AMGs are priced below the online configurator drive away pricing in Melbourne so you might be lucky if you get in early to grab one.

The new prices for the Mercedes electric SUVs are:

EQE 300 – $124,383 before on-roads (down $10,517)
AMG EQE 53 4Matic+ – $166,691 before on-roads (down $23,209)

Grab a bargain today!

More info:
https://thedriven.io/2024/05/26/mercedes-benz-slashes-prices…

Automotive Car Mercedes-Benz SUV Electric Vehicle

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Comments

    • Lit Homie on 28/05/2024 - 13:07

      So confused what does this mean? Huracan is what 400k this is 200k? Price gap is only 200k.. if you can afford the huracan it why is it a dream? What am i missing here.

  • catbin on 27/05/2024 - 22:48
    +3

    EQE300 in China has dropped to $65,000. Paying $60,000 extra for the same car makes no sense.

    • Brick Tamland on 27/05/2024 - 22:51

      You can’t buy it from china though?plus there is probably around $50k of taxes built into that price too

    • Apue on 27/05/2024 - 22:51
      +2

      That is how German makers think of Australian buyers.

    • browser on 27/05/2024 - 23:19

      Not saying which one is better, EQE in China is locally made, EQE in Australia is imported from the US. That would explain a big chunk of price difference.

      • [Deactivated] on 27/05/2024 - 23:23
        +4

        Probably the PRC made one will be a better build.

        • payless69 on 28/05/2024 - 06:24

          Pfaffenhausen they claim is the factory.

    • skillet on 28/05/2024 - 09:48

      I'm betting the local AU price will drop further to stay in the game. Merc car AI integration is way behind China domestic EVs.

  • buckethat on 27/05/2024 - 22:53

    Was about to buy this last week, glad I waited, cheers OP.

    • [Deactivated] on 28/05/2024 - 00:02
      -3

      you don't have the money.

  • kev98 on 27/05/2024 - 22:55

    These constant price cuts to EVs across the board make purchasing a risky proposition if you want any shot at a decent resale value

    • Brick Tamland on 27/05/2024 - 23:05

      Yeah. You’d have to be a brave soul jumping in at the moment.

    • Grok on 27/05/2024 - 23:06

      Does that even apply to high end posh cars like Mercedes and BMW?

      They are all leased. The second buyer gets a bargain and a money pit.

      • [Deactivated] on 27/05/2024 - 23:23
        +1

        Not all leased. Friends alway buy it outright.

        None of our cars are leased too. financially doesn't make sense to less for those that can work out simple arithmetic.

        • Lit Homie on 28/05/2024 - 13:15
          +1

          Financially you don't understand complex arithmetic then.. Leasing is not even simple arithmetic. Total income before tax is affected, different tax brackets = different leasing benefits, time value of money, No GST.. I mean honestly 200k purchasing outright is 200k less in equity.

          Assuming you are truly financially intelligent 10% return a year is easily doable. 200k at 10% for 5 years = over $300k at the end of your 5 years.

          I assume you are just talking about non ev though where buying outright makes more sense, but the initial topic was specifically discussing EV resale price..

          • [Deactivated] on 28/05/2024 - 14:21

            @Lit Homie: M… Getting a bit personal here without knowing the industry of work that I do. Nevermind, purpose of a forum is to facilitate discussion.

            1. Leasing is simple. Need to work backward to determine the cost of capital. With interest rate from 7% upward on auto loans (some 10%+). Togethe with hidden costs (such as manage fees etc). So we now have cost of capital is in the vicinity of 10% +/-.

            2. Tax. FBT kills of any tax savings (the government is not a dumb as the general public may think), roughly 50% of the FBT value.

            2a. Won't impact tax bracket, well into the 45%. If someone not well into the 45%, I struggle to understand why one purchase anything more than an A to B transport.

            3_. GST. Sure. It is some sort of saving. Which will be partially paid back at the end of lease when car is acquired, so not exactly 10%.

            4_. 200k equity. Really. If someone can't afford to have 200k spare change. Definitely not the right audience for this car (or anything else equivalent).

            5_. 10% is not risk free. Risk free assets like AAA/AA rated bond, bank paper pays BBSW +/- few bps. 10%/annual return is a relatively sizeable return even for sophisticated wholesale funds.

            6_.EV FBT exemption cap at purchase price of 89k (when first purchased). Point is moot.

            I would think it is a fair comment that the general Aust population don't know maths very well.

            Logically, the leasing business also fails the pub test. C'mon we have lease providers on the ASX. Govermmemt covered their backside with FBT, leasing companies are in business because they are clearly making money. Financiers are happy to lend, given people are paying up. Some fool has to on the negative side for the game of zero sum to work?

            • Lit Homie on 28/05/2024 - 15:36

              @[Deactivated]: Sorry not trying to personally attack you ahaha, but you are out of touch with reality if this is what you consider simple arithmetic to be. Complex is a stretch but by no means is it simple arithmetic

              1) Leasing is not simple as noted as you need to work backwards and determine hidden fees, australian tax is progressive, no way you are interacting with the general population if you think everybody is fully aware and able to calculate things such as the time value of money, tax implications, opportunity cost, interest rate/compounding. It’s not beyond comprehension with proper financial education but there is a lack of financial education in the world.

              2) Understandable but people still will purchase beyond their means as noted not everyone is financially smart. It is better to consider the less worse decision than the worst

              2a) Tax is progressive, will not affect tax bracket of course but tax is progressive. for example saving 45% of 40k is an extra 16.5k whereas saving 37.5% on the 40k is 15k. Obviously effective tax rate varies per person but it is safe to say the higher your tax bracket the more you save proportionally by reducing your total income.

              3) GST agreed paid back on sale of car, but then another not so simple decision can be made at this point, buy the car, extend the lease, trade in the lease, transfer the lease, return the car. Wouldn't consider this a simple arithmetic decision as well

              4) You truly overestimate the general population and their financial wisdom. I envy you though about this

              5) Not risk free but this brings in the not so simple arithmetic calculations. 200k you can do a lot with this, take it to the casino, join crypto, put it in vanguards, shares could be anything. Luckily it is the season to invest espeically with interest rates being scheduled to be cut this year in US and possibly AUS. S and P 500 has done a 26% return in just a year. BTC has more than doubled in a year. So 10% may seem hard but the shift to ai is going to be a bigger event in the history books than the industrial revolution.

              6) Point is moot ONLY if we r discussing over 89k cars but you forget that the topic is

              These constant price cuts to EVs across the board make purchasing a risky proposition if you want any shot at a decent resale value

              general statement, multiple EV are below the FBT threshold

              7) but yes at the end of the day, leasing companies are here to make profits, but leasing can be quite convenient, and at the end of the day majority of people will choose convenience. That is what we pay for the convenience. If you can quantify how much my convenience is worth to each individual then I will agree with you that this maths is simple.

              • [Deactivated] on 28/05/2024 - 17:04

                @Lit Homie: Well, so per point 7 above, what was initially implied in the 2 comments earlier/above that money is better invested and go and lease a vehicle became a bit of a non sense.

                Only scenario that would work out is for EVs under 89k. Otherwise, financially, leasing is not a good option.

                Many also do it for convenience and have no idea about simple maths.

    • 1st-Amendment on 28/05/2024 - 06:32
      +1

      I was car shopping on the weekend and wanted to check out the Kia EV6 (not to buy just curious as to what Kia were offering). RRP for the flagship model is something like $110k. Checked Carsales when I got home and saw people selling them less than a year old for $70k. Ouch.
      There seems to be a lot of 2023 stock around too for all EV models. It takes a brave person to buy in this market

      • [Deactivated] on 28/05/2024 - 17:08

        Even more ouch for those picked up a Porsche recently.

  • sunnyc on 27/05/2024 - 22:56

    Buy the ix2 and join the club

  • 2ndeffort on 27/05/2024 - 23:04

    Since Mercedes centralised their pricing and did away with dealerships being able to discount …. Ill never buy a car from them. I wandered in last year when i was in the market, cross shopped them with BMW, ended up buying the BMW M440i, just could not bring myself to fall prey to Mercedes' centralised pricing.

    • Nillionaire on 28/05/2024 - 02:20
      +5

      Lol, it's the other way around for me. I'll give preference to brands that have centralized pricing.

      • 1st-Amendment on 28/05/2024 - 06:36
        +2

        Same. The idea of dealership haggling for new stock seems shonky to me.

  • sandun9 on 27/05/2024 - 23:06

    Does this come in a LEGO set? :)

  • Onemoredeal on 27/05/2024 - 23:07

    Can I use Shopback Superswap gift cards?

  • chintu123 on 27/05/2024 - 23:10
    +1

    The people who buy them, why do you buy them and what work do you do that allows you afford these?

    • easternculture on 27/05/2024 - 23:14

      Drug dealers who can afford a new C63 every year

    • [Deactivated] on 27/05/2024 - 23:21

      That's why you see them in punchbowl Bankstown and then like. Prob plenty around Merrylands too.

    • cobknob on 28/05/2024 - 00:19
      +2

      I run a laundry service.. cough - I specialize in account fixing.

      I wouldn't sink this kind of money into sub standard vehicles.

    • ozdog64 on 28/05/2024 - 16:59
      +1

      I know several MB owners personally, but not specifically of this model.

      The Why?
      1. Clout culture/Chasing status
      2. Eurocar obsession
      3. Work related i.e. some professions require the perception of success e.g. realtors/lawyers/businessmen

      The How?
      Most of them are from upper middle class, dual income households w/o many obligations.

      Personally I am more of a Lexus enjoyer since it has all the perks of a nice car without signalling to my fellow motorists, "Rob me. I have disposable income".

  • raiseyoursteaks on 27/05/2024 - 23:12
    +1

    EQE IS SO SMALL EQS IS BETTER

    • [Deactivated] on 27/05/2024 - 23:20
      +1

      Not waiting for the Maybach version?

      • skillet on 28/05/2024 - 09:51
        +1

        Add $24,999.70 for the two tone paint job option.

  • mkowarkski on 27/05/2024 - 23:13

    Thanks. Bought 4

  • jsvr on 27/05/2024 - 23:16

    ah yes, nothing like being able to afford a 160k car in the middle of a recession and cost of living crisis. Thanks for the deal it really helped me out.

  • landspider on 27/05/2024 - 23:17

    Only one per customer :(

    • [Deactivated] on 27/05/2024 - 23:19
      +5

      Sign up with different email accounts.

  • [Deactivated] on 27/05/2024 - 23:18
    +1

    Thought of going EV last year. Lucky that I didn't.

    Thinking about it again this year. Sweating just thinking about it and watching price tanking across different price points.

    • dangerdanger on 27/05/2024 - 23:28
      +5

      Your username does not check out

      • [Deactivated] on 28/05/2024 - 10:54

        Well, I was one step away from clicking check out for the two orders.

  • nokidsandthreemoney on 27/05/2024 - 23:22
    +1

    Hmm, should I buy this, or 115,960 packets of Nongshim Shin Black ramyun?

    • mafmouf on 28/05/2024 - 00:12
      +1

      Only one of those things will appreciate…

  • nadan on 27/05/2024 - 23:23
    -1

    Need it to be below LCT.

    • shabaka on 28/05/2024 - 08:08

      EQA 250 and EQB 250 are your options

  • localhost on 27/05/2024 - 23:30
    +4

    This or new iPhone 16 Pro Max?

    • Windows98 on 27/05/2024 - 23:35
      +7

      The amg doesn't have band 28

      • payless69 on 28/05/2024 - 14:31

        Probably a Voda 3g modem
        you got all night to update firmware while it trickle charges.

    • shegeloaf on 28/05/2024 - 14:09

      Free roaming with mercedes

  • TsundereGuy on 27/05/2024 - 23:32

    Oz-uppermiddle-bargain strikes again.

  • SuperLate on 27/05/2024 - 23:34
    -1

    Down to $23,209 ! Looks like an all time low ? Finally I'll be able to find stock of special buys at Aldi this saturday morning.

  • Drakesy on 27/05/2024 - 23:38
    +1

    Imagine getting the performance version of what is effectively a grandad spec hatch.

    The depreciation will be a bitch.

  • R4 on 27/05/2024 - 23:53
    +1

    Very nice but if you've got $170k to drop on a car (I don't), why would you do so on something that looks like a Kia. MB have made some of the most iconic cars cars ever built - thia ain't one of them. Much nicer EVs to buy for that kind of candy - and MB have a terrible reputation for customer service in Australia.

    • Agret on 28/05/2024 - 02:16

      Funny that Kia EV6 looks nicer than this

      • payless69 on 28/05/2024 - 14:32

        Kia designers are ex Volkswagen.
        Merc supplies Tesla.

  • WillKillfor5Cents on 27/05/2024 - 23:58

    How come no one discussed the investment thesis for this stunning deep value asset play?

    • mafmouf on 28/05/2024 - 00:14

      That have.

  • AliKay on 28/05/2024 - 00:05
    +4

    Ah so this is the result of MKBHD posting a video on YouTube calling this car ugly. I guess Mercedes Benz will be filing for bankruptcy soon 🤣

    • Nillionaire on 28/05/2024 - 02:18
      +2

      Did you steal the top comment from that video? 😭

      • payless69 on 28/05/2024 - 06:25

        Russians will dowse it in Petrol if MB has no repair techos.

      • AliKay on 28/05/2024 - 15:01

        He's accused of causing Fisker car manufacturer to file for bankruptcy because of his negative review.

        • 0 0 0 on 28/05/2024 - 15:05

          Well they should have sponsored his videos like dbrand

    • landspider on 28/05/2024 - 07:18

      Trust me, they're all struggling with Pain Harold faces at the moment, world markets indicate rough times ahead, these guys are usually first to suffer.

  • OfferScooperHQ on 28/05/2024 - 00:28
    +1

    166k is decent down payment for a house 😱

    • someone else on 28/05/2024 - 06:05
      +1

      You are expected to already have a house before buying this level of car.

      • Drakesy on 28/05/2024 - 09:11
        +3

        *houses

  • McFly on 28/05/2024 - 00:29

    Wonder how much a new bonut for this thing would cost if it needed replacing.

  • CrowdControl101 on 28/05/2024 - 01:39
    -2

    why post here all the poor (profanity) just cry

  • SirFaffer on 28/05/2024 - 02:16

    Any reason to choose this over an fg g6e with chrome rims and chopped springs?

  • Ekoz on 28/05/2024 - 02:45

    Damn People on ozbargain have money to buy this ?

    • 1st-Amendment on 28/05/2024 - 06:43

      A bargain doesn't just mean 'cheap' it also means 'cheaper than usual'. And yes wealthy people like bargains too. You don't get rich by paying RRP for everything.

    • 0 0 0 on 28/05/2024 - 07:47
      +2

      Half of Ozbargainers sit in the top tax bracket and have multiple high yield investments as well as passive income sources.
      Spend long enough here reading some of the comments and you'll soon realise this

      • lachhelix on 28/05/2024 - 07:57

        Another AMG, another high yield investment

  • viper8548 on 28/05/2024 - 03:47

    Thanks bought 3

  • MrOzbargain on 28/05/2024 - 03:59
    +1

    Price matched at Bunnings and got 10% off on top of sale price :) yay to the green merc

  • wagonweel on 28/05/2024 - 06:01

    EV 'fire sale' 🤣🤣🤣
    Felt the burn on that one.

  • CIC7873 on 28/05/2024 - 06:16

    LoL
    “Fire Sale” 🔥🔥🔥🚒🚒🚒

  • payless69 on 28/05/2024 - 06:21

    What would Janis Joplin say if she would still be around?

  • anti-hero on 28/05/2024 - 07:30
    +1

    I can buy 3x Tesla Model 3 with this kind of price.

    • 0 0 0 on 28/05/2024 - 07:46
      +2

      And if you put a chrome ring around the Tesla T logo and squint you can almost see a 3 pointed silver star 🤣

    • payless69 on 28/05/2024 - 14:34

      And a Seal or Dolphin whilst it is in the garage for updates.

  • dasher86 on 28/05/2024 - 07:43
    +1

    Think of all the savings you will make on petrol by going EV!

    • easternculture on 28/05/2024 - 07:54
      +2

      Think of all the losses when you sell or trade-in in 10 years

  • Mechanical on 28/05/2024 - 07:46
    +1

    It's just the beginning, I think they realised that soon EV market will be shrinked

    • easternculture on 28/05/2024 - 07:55
      +2

      Anything that is battery powered and tech will depreciate massively after X amount of years

  • Brianqpr on 28/05/2024 - 08:00
    +1

    Cheaper at Officeworks.

    Is it ok to use as a monitor?

  • CachePC on 28/05/2024 - 08:18

    Is this deal available in QLD - there's some 12-15 yo who have been casing my car out so I'm thinking this will be a good decoy car for them to take

  • Sendthegoods on 28/05/2024 - 08:21
    +1

    Thanks OP! Was going to buy a '03 Toyota Camry but thought why not spend the extra $162,691 and get something I like.

  • phatmonk on 28/05/2024 - 08:27
    +1

    EV resale currently tanking.

    • payless69 on 28/05/2024 - 09:25
      +1

      Build a EV with no frunk who wants to buy it?

  • garage sale on 28/05/2024 - 08:27

    with the rent increases will be seeing more expensive cars on the road driven my mum and dad investors / landlords.

  • botchie on 28/05/2024 - 08:28
    +1

    seems like a good time (not) to invest in an EV

  • kmp on 28/05/2024 - 08:29
    +1

    Thanks but out of necessity decided to go with a G Wagon instead,will offset the carbon footprint against my newly acquired estate that has its own private forest.

    • Maths Debater on 28/05/2024 - 13:27

      I would take a G63 any day of the week over this. Except the only difference is, they’re 400k brand new.

  • Spacexyz on 28/05/2024 - 09:06

    Need a bigger car to make ladies more comfortable, this AMG can do nothing inside.

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