Much to our surprise, the 2022 EQS is less expensive than its gas-powered counterpart. The EQS 450+ Premium starts at $102,310 (not including $1,050 destination), plus there’s $7,500 of federal tax credit available, although not at the time of purchase. By comparison, the six-cylinder S500 4MATIC costs $109,800, though it does have nearly 100 hp more plus standard AWD. Stepping up to the Exclusive trim isn’t a huge price increase at $105,710, nor is the top Pinnacle trim for $108,510.
In contrast, opting for the dual-motor EQS 580 4MATIC require a significant price premium. The EQS 580 Premium starts at $119,110, making it nearly $17,000 more than the base 450+. Like the base powertrain, there’s not a huge price discrepancy for the upper trim levels, with the Exclusive starting at $122,510 and the Pinnacle at $125,310. If you can live without the AWD and additional power, we’d opt for the EQS 450+ Pinnacle, which still rings in $10,6000 below the base ESQ 580.