Another luxury automaker is offering over $15,000 in discounts on its newest EV models. However, you may have a hard time getting your hands on one of them.
Mercedes is the latest automaker to cut EV prices
Mercedes-Benz becomes the latest brand pushing massive discounts ahead of the EV tax credit deadline at the end of September.
With Trump’s “One Big Beautiful Bill” set to end the federal tax credit, which provides $7,500 for new and $4,000 for used EVs, automakers are preparing for a big shakeup. The changes go into effect at the end of September.
Toyota, Ford, Honda, Stellantis, Hyundai, and Volvo are among a string of automakers adjusting production and pricing in the US due to the upcoming changes. At least for the next few months, that’s good news for those looking to buy.
Mercedes-Benz will offer generous discounts on its 2026 EV models. Doug Horner, a Mercedes-Benz sales manager in Ohio, revealed the price cuts last week on social media.
The folks at CarBuzz spotted the post, claiming Mercedes is cutting prices of the 2026 EQS SUV from $105,250 to just $89,950. That’s a $15,300 discount from the outgoing model. At that, the electric SUV is about the same price as the GLC.
The EQE SUV’s price will drop from $77,900 to $64,950, representing a $13,000 reduction. Meanwhile, the 2026 Mercedes-Benz EQE sedan and EQS sedan will start at $64,950 and $99,900, respectively, or $9,950 and $4,500 less than the 2025 model year.
Mercedes is already offering some pretty significant EV deals. The 2025 EQE 350+ SUV is listed for lease at just $579 per month (for 36 months with $7,873 due at signing) with an $11,500 cash bonus and $3,000 loyalty bonus.
Horner hinted that the savings won’t last long, as the tax credit is set to end at the end of September. Mercedes confirmed the price changes but added that production will be halted and order banks will be closed.
The company said it still “remains fully committed to electrification,” adding “the largest product offensive in the history of the brand is just around the corner.”
Mercedes plans to launch two new SUVs alongside the upcoming electric CLA based on its MMA platform.is the latest luxury automaker with extreme price cuts ahead of the EV incentive deadline.
Acura is offering up to $30,650 in lease cash on the 2024 ZDX in California and other ZEV states with leases starting at just $299 per month. In other regions, the Acura ZDX is still listed for lease at just $489 per month (for 36 months with $4,599 due at signing).
Hyundai’s Genesis brand is offering the 2025 GV60 at just $389 per month (for 33 months with $5,999 due at signing) with a $13,750 EV lease bonus. The Electrified GV70 SUV features a $16,000 EV lease bonus.
Looking to score the savings while they are still available? You can use our links below to find Mercedes, Acura, and Genesis electric vehicles in your area.
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