Mercedes is offering $9,500 incentives on the G580 with EQ technology, but not everyone is eligible for the deal
by Chris Chilton
6 hours ago
- Mercedes has told dealers to offer up to $9,500 of incentives on the electric G-Wagen.
- The discount only applies to lease deals and is up from last month’s $7,500 reduction.
- G580 with EQ technology SUVs also come with discounted lease rate, CarsDirect reports.
The Mercedes G-Wagen (aka G-Wagon or G-Class) is a real if-my-numbers-came-up kind of daily for many of us. But even folks with lottery win-sized bank balances haven’t taken a shine to the new electric version, and thus Mercedes is making moves to get them moving.
A bulletin sent to dealers instructed retailers to offer incentives of up to $9,500 in August on the G580 with EQ technology. That’s $2,000 more than the $7,500 that was already on the table last month, and more than BYD charges for an entire Seagull EV in China. There are also deals to be had on the monthly G580 lease costs themselves in the form of promotional lease rates that bring the APR down to 4.3 percent.
Related: BMW Is Planning A Rugged G-Class Rival That May Kill The XM
CarsDirect suggests Mercedes is pushing out the deals to make hay before EV tax credits disappear in September, hoping to attract customers keen to secure a saving before the credits window closes. Although the G580 EQ wouldn’t qualify for the federal rebate (or the Mercedes incentive), if you were buying it outright, due to the combination of its high purchase price and foreign origin, those obstructions are removed if you lease it.
An almost five-figure discount would be game-changing on an ordinary car, but in this case we are talking about a $162,650 SUV. And more specifically, one that costs $13,000 more than the gas-powered G550 many people would prefer to drive, but unfortunately doesn’t qualify for the incentives. The $187,250 G63 AMG, the one almost everyone would – finances allowing – pick first, doesn’t qualify either.
The G580 EQ looks just as cool as a combustion G-Class and can do showboating tank turns, but it’s seriously compromised as an EV by its mammoth 6,800 lbs (3,085 kg) bulk and brick-like shape. Despite a huge 116 kWh battery, the 579 hp (588 PS / 432 kW) EQ has an EPA-rated range of only 239 miles (385 km), though reports claim a new battery coming in 2026 could add at least 100 miles (160 km) to that number.
However, if you can live with that drawback, have deep pockets, and don’t want to wait a year, now is a good time to jump in. CarsDirect says you can get into a G580 EQ for 36 months and 36,000 miles (58,000 km) for $1,869 per month, which works out at a true $2,275 once you’ve accounted for the $14,613 due at signing.
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