EVCostIQ

The EV cost intelligence platform

BMW i5 eDrive40 (electric) vs Mercedes-Benz EQE 350+ (electric): 5-year cost to own in the U.S.

As of August 6, 2026, over 5 years (U.S. average, 12,000 mi/yr), the BMW i5 eDrive40 (electric) is cheaper from day one — about $92,081 over 5 years vs $96,987 for the Mercedes-Benz EQE 350+ (electric), a $4,906 difference. The expired federal $7,500 EV credit is not applied to either total.

Cheaper to own over 5 yearsBMW i5 eDrive40 (electric) · $92,081 total · $4,906 less than the Mercedes-Benz EQE 350+ (electric)

BMW i5 eDrive40 (electric) vs Mercedes-Benz EQE 350+ (electric) — where the money goes

5-year total cost of ownership by component, by vehicle (USD). Estimates; sources dated in the methodology.
Cost componentElectric · BMW i5 eDrive40Electric · Mercedes-Benz EQE 350+
Depreciation (estimated)$46,970 (51%)$51,681 (53%)
Charging / fuel$5,721 (6%)$5,884 (6%)
↳ of which charging loss12% (~$687)12% (~$706)
Maintenance$3,480 (4%)$5,400 (6%)
Insurance$22,855 (25%)$19,500 (20%)
Financing interest$12,055 (13%)$13,522 (14%)
Registration & fees$1,000 (1%)$1,000 (1%)
Total cost of ownership$92,081$96,987

The charging-loss row is the ~10–15% of electricity lost to AC charging that you pay for but never reaches the battery — we include it; most calculators don't.

When does the BMW i5 eDrive40 (electric) win?

At 12,000 mi/yr the BMW i5 eDrive40 (electric) is already the cheaper car — drive more or keep it longer and its lead only grows.

The BMW i5 eDrive40 (electric) finishes ahead, but only by $4,906 (about 5%): a lead that lives inside our default assumptions, so test it against your own miles and rates.

What decides the BMW i5 eDrive40 (electric) vs Mercedes-Benz EQE 350+ (electric) verdict

The single biggest mover is depreciation: $46,970 on the BMW i5 eDrive40 (electric) against $51,681 on the Mercedes-Benz EQE 350+ (electric), a $4,711 gap in the BMW i5 eDrive40 (electric)'s favor — the largest slice of the $4,906 verdict. On the BMW i5 eDrive40 (electric), depreciation alone is 51% of its $92,081 total; on the Mercedes-Benz EQE 350+ (electric) it is 53% of $96,987.

  • Insurance: BMW i5 eDrive40 (electric) $22,855, Mercedes-Benz EQE 350+ (electric) $19,500 — $3,355 the other way, to the Mercedes-Benz EQE 350+ (electric).
  • Maintenance: BMW i5 eDrive40 (electric) $3,480, Mercedes-Benz EQE 350+ (electric) $5,400 — $1,920 more in the BMW i5 eDrive40 (electric)'s favor.
  • Financing interest: BMW i5 eDrive40 (electric) $12,055, Mercedes-Benz EQE 350+ (electric) $13,522 — $1,467 more in the BMW i5 eDrive40 (electric)'s favor.

Insurance is the Mercedes-Benz EQE 350+ (electric)'s strong suit: $3,355 back, 68% of the BMW i5 eDrive40 (electric)'s lead — just not enough to turn it. At the dealer the Mercedes-Benz EQE 350+ (electric) starts $7,800 behind the BMW i5 eDrive40 (electric); running costs claw back $2,894 of that, but the BMW i5 eDrive40 (electric) still ends $4,906 ahead. The BMW i5 eDrive40 (electric) is ahead from the first year — $2,146 after year 1 — and finishes year 5 with the full $4,906 lead; the cumulative lines never cross.

BMW i5 eDrive40 (electric) vs Mercedes-Benz EQE 350+ (electric), side by side

Electric Lower 5-yr cost

BMW i5 eDrive40 (electric)

5-yr total cost
$92,081
Cost / month
$1,535
Cost / mile
$1.54
MSRP
$67,100
Powertrain
Electric
Efficiency
35 kWh/100mi
Electric

Mercedes-Benz EQE 350+ (electric)

5-yr total cost
$96,987
Cost / month
$1,616
Cost / mile
$1.62
MSRP
$74,900
Powertrain
Electric
Efficiency
36 kWh/100mi
Electricity (US avg)
18.4¢/kWh EIA
Gas price (US avg)
$3.85/gal AAA

Change the miles, your state & either car

Full cost breakdowns

BMW i5 eDrive40 (electric) vs Mercedes-Benz EQE 350+ (electric) by state

No state's electricity or gas prices flip this verdict at default assumptions — the BMW i5 eDrive40 (electric) is the cheaper car in all 51 states we track.

FAQ

Is the BMW i5 eDrive40 (electric) or the Mercedes-Benz EQE 350+ (electric) cheaper to own over 5 years?

The BMW i5 eDrive40 (electric) is cheaper from day one — about $92,081 over 5 years vs $96,987 for the Mercedes-Benz EQE 350+ (electric), a $4,906 difference.

When does the BMW i5 eDrive40 (electric) become cheaper than the Mercedes-Benz EQE 350+ (electric)?

At 12,000 mi/yr the BMW i5 eDrive40 (electric) is already the cheaper car — drive more or keep it longer and its lead only grows.

How much more does the BMW i5 eDrive40 (electric) cost to buy than the Mercedes-Benz EQE 350+ (electric)?

The BMW i5 eDrive40 (electric) starts at $67,100 — $7,800 less than the Mercedes-Benz EQE 350+ (electric) ($74,900). Over 5 years the ownership gap is $4,906 in favor of the BMW i5 eDrive40 (electric).

Which costs less per mile — the BMW i5 eDrive40 (electric) or the Mercedes-Benz EQE 350+ (electric)?

The BMW i5 eDrive40 (electric): $1.54 vs $1.62 per mile all-in ($1,535 vs $1,616 per month).