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What is a 2023 Mercedes-Benz EQS worth?

Our estimate for a 3-year-old Mercedes-Benz EQS in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 930 086
R 846 378 to R 1 013 794
Trade-in offer
R 818 476
what a dealer would pay
Cost new (est.)
R 2 231 654
2023 launch pricing
Value kept
42%
R 1 301 568 depreciated

The 2023 EQS on its value curve

R0R750kR1,5mR2,3mR3mNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2023 model sits today: 3 years in, 58% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 19% a year.

If you buy it now

Fair buy price (retail)R 930 086
Worth in 1 yearR 750 393
Worth in 3 yearsR 495 761
3-year cost of ownership (depreciation)R 434 325
±Monthly financedR 16 256/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2024R 1 216 213See value →
2023 (this page)R 930 086+R 286 127 to newest
2022R 711 273+R 504 940 to newestSee value →

2023 Mercedes-Benz EQS: common questions

What is a 2023 Mercedes-Benz EQS worth in South Africa?

Around R 930 086 as a retail asking price, with clean low-mileage examples reaching R 1 013 794 and higher-mileage cars closer to R 846 378. A dealer trade-in offer would sit near R 818 476.

Is a 2023 Mercedes-Benz EQS a good buy now?

It has already absorbed 58% of its new-car depreciation. If you buy at R 930 086 and keep it three years, expect it to shed roughly R 434 325 more. As a premium ev model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.

What did a 2023 Mercedes-Benz EQS cost new?

About R 2 231 654 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 42% of that.

What would financing a 2023 Mercedes-Benz EQS cost monthly?

At R 930 086 over 72 months at 11.75% with 10% down, roughly R 16 256 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.

Keep going

Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.