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Hyundai IONIQ 5 vs Mercedes-Benz EQS: 5-year value retention (33% vs 32%), resale value, and cost of ownership head-to-head. Hyundai IONIQ 5 holds its value better.
On five-year value retention the Hyundai IONIQ 5 comes out ahead, holding about 33% of its value versus 32% for the Mercedes-Benz EQS. Over the first five years the Hyundai IONIQ 5 loses roughly $23,555 while the Mercedes-Benz EQS loses about $61,436 — a gap near $37,881.
First-year drop is the biggest factor: the Hyundai IONIQ 5 sheds about 24% in year one versus 26% for the Mercedes-Benz EQS. If you buy used, the steeper early drop is what the original owner absorbs.