Mercedes-Benz G-Class G550 vs Land Rover Range Rover P400 SE: 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 Mercedes-Benz G-Class G550 is cheaper from day one — about $133,792 over 5 years vs $135,134 for the Land Rover Range Rover P400 SE, a $1,342 difference. The expired federal $7,500 EV credit is not applied to either total.
Cheaper to own over 5 yearsMercedes-Benz G-Class G550 · $133,792 total · $1,342 less than the Land Rover Range Rover P400 SE
Mercedes-Benz G-Class G550 vs Land Rover Range Rover P400 SE — where the money goes
| Cost component | Gas · Mercedes-Benz G-Class G550 | Gas · Land Rover Range Rover |
|---|---|---|
| Depreciation (estimated) | $59,760 (45%) | $69,906 (52%) |
| Charging / fuel | $12,823 (10%) | $12,823 (9%) |
| ↳ of which charging loss | — | — |
| Maintenance | $10,500 (8%) | $9,480 (7%) |
| Insurance | $22,175 (17%) | $21,180 (16%) |
| Financing interest | $27,534 (21%) | $20,744 (15%) |
| Registration & fees | $1,000 (1%) | $1,000 (1%) |
| Total cost of ownership | $133,792 | $135,134 |
When does the Mercedes-Benz G-Class G550 win?
At 12,000 mi/yr the Mercedes-Benz G-Class G550 is already the cheaper car — drive more or keep it longer and its lead only grows.
Call this one a tie — $1,342 separates the two 5-year totals, inside the noise of a forecast this long. Choose on fit and features, not on this number.
What decides the Mercedes-Benz G-Class G550 vs Land Rover Range Rover P400 SE verdict
One line outweighs everything else here: depreciation. It costs $59,760 on the Mercedes-Benz G-Class G550 against $69,906 on the Land Rover Range Rover P400 SE — a $10,146 swing to the Mercedes-Benz G-Class G550, bigger than the $1,342 that separates the two 5-year totals. On the Mercedes-Benz G-Class G550, depreciation alone is 45% of its $133,792 total; on the Land Rover Range Rover P400 SE it is 52% of $135,134.
- Financing interest: Mercedes-Benz G-Class G550 $27,534, Land Rover Range Rover P400 SE $20,744 — $6,790 the other way, to the Land Rover Range Rover P400 SE.
- Maintenance: Mercedes-Benz G-Class G550 $10,500, Land Rover Range Rover P400 SE $9,480 — $1,020 the other way, to the Land Rover Range Rover P400 SE.
- Insurance: Mercedes-Benz G-Class G550 $22,175, Land Rover Range Rover P400 SE $21,180 — $995 the other way, to the Land Rover Range Rover P400 SE.
The Land Rover Range Rover P400 SE's best answer is financing interest, $6,790 back the other way — more than the final $1,342 gap on its own, but the remaining rows pull the verdict back to the Mercedes-Benz G-Class G550. At the dealer the Mercedes-Benz G-Class G550 costs $36,100 more than the Land Rover Range Rover P400 SE, yet 5 years of ownership claw all of that back — and finish $1,342 ahead. The Mercedes-Benz G-Class G550 is ahead from the first year — $1,679 after year 1 — and finishes year 5 with the full $1,342 lead; the cumulative lines never cross.
Mercedes-Benz G-Class G550 vs Land Rover Range Rover P400 SE, side by side
Mercedes-Benz G-Class G550
- 5-yr total cost
- $133,792
- Cost / month
- $2,230
- Cost / mile
- $2.23
- MSRP
- $149,400
- Powertrain
- Gas
- Efficiency
- 18 mpg
Land Rover Range Rover P400 SE
- 5-yr total cost
- $135,134
- Cost / month
- $2,252
- Cost / mile
- $2.25
- MSRP
- $113,300
- Powertrain
- Gas
- Efficiency
- 18 mpg
- Electricity (US avg)
- 18.4¢/kWh EIA
- Gas price (US avg)
- $3.85/gal AAA
Full cost breakdowns
Mercedes-Benz G-Class G550 vs Land Rover Range Rover P400 SE by state
No state's electricity or gas prices flip this verdict at default assumptions — the Mercedes-Benz G-Class G550 is the cheaper car in all 51 states we track.