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All cars › Mercedes-Benz EQE SUV vs BMW iXHead to head · Updated November 2026

Mercedes-Benz EQE SUV vs BMW iXWhich is cheaper to run?

The verdict

Mercedes-Benz EQE SUV 300✓ Cheaper to own✓ Lower price✓ Cheaper to run
BMW iX xDrive45 M Sport✓ More range✓ Faster charging✓ Cheaper servicing

Based on the cheapest version of each, 250 km a week in NSW, mostly charged at home. Details in the table below.

Over 5 years the Mercedes-Benz EQE SUV 300 works out about $5,738 cheaper to own than the BMW iX xDrive45 M Sport, counting price, charging, servicing and tyres.

Mercedes-Benz EQE SUV
543 kmLarge luxury SUVClaimed range, 30089 kWh battery4.86 m long
BMW iX
602 kmLarge luxury SUVClaimed range94.8 kWh battery4.96 m long

Side by side

Comparing the Mercedes-Benz EQE SUV 300 and BMW iX xDrive45 M Sport. Better figure in green. Charging assumes 250 km a week, 90% at home.

Mercedes-Benz EQE SUV 300BMW iX xDrive45 M Sport
Price$136,600+ on-roads$142,900+ on-roads
Claimed range543 km602 km
Battery89 kWh94.8 kWh
Energy use16.4 kWh/100 km21.8 kWh/100 km
Length4.86 m4.96 m
Charging per week (NSW)$15.38$20.44
Servicing per year$700$250
Tyres per year$817$891
Home charger (one-off)$2,000$2,000
Full charge at home13 hours14 hours
Max fast charge173 kW175 kW
Warranty5 yrs / unlimited km (battery 8 yrs / 160,000 km)5 yrs / unlimited km
5-year cost to own$154,184$159,922
What do "on the road" and "cost to own" mean?

Before on-road costs (+ on-roads): the car's list price only. You pay extra government charges and dealer fees on top when you buy.

On-road costs: stamp duty, first year's registration, compulsory third party (CTP) insurance, number plates and the dealer's delivery fee. They usually add $3,000–6,000 depending on the car and your state. Where a price is "before on-roads" we add about $4,000. See stamp duty and rego by state.

Drive-away: a price that already includes the on-road costs, so it's what you actually pay to drive the car home.

On the road price: the drive-away price, or the list price plus our on-road estimate.

Cost to own: everything you'd spend over the years you keep the car (5 unless you change it): the on the road price, plus a home wall charger for EVs (about $2,000, one-off), plus charging or fuel, scheduled servicing and tyres for every year. Divide it by the number of weeks to see what the car really costs you each week.

Match score (Pick my car): this is about fit, not quality. Each car that fits your answers is compared only with the other cars that fit, on eight things, and a car that does something less well than the others in that group scores lower on it, even if it's good at it. Change your budget or answers and the group changes, so the scores do too. The eight things: how much car the money buys (price, 20%), ANCAP safety rating (15%: a current rating counts in full, an expired one less, and a car ANCAP hasn't rated counts as middling), range (15%), performance (0–100 km/h, or power where no time is published, 10%), fast-charging speed (peak DC kW, 10%), warranty length (10%, with the battery warranty counted for cars that plug in), servicing and tyre costs (15%), and recalls and track record (5%: major recalls in Australia on our list count against a car (our recall list covers the bigger, well-reported ones, so a clean record here is not a guarantee), and models sold here for longer get a little credit). A figure we don't have counts as middling, not as bad. "Most car for my budget" ranks by this match score; "Lowest cost to own" ranks by cost and uses the score only to split near-ties.

Not included: yearly rego renewals and insurance after the first year (see what EVs and hybrids cost to insure), finance interest, and what the car is worth when you sell it. These vary too much by person and car to estimate fairly, and resale value is the biggest unknown, especially for newer brands.

Compare with your own numbers

Weekly charging cost by state

250 km a week, mostly charged at home, on each state's 2026–27 default electricity rate.

StateMercedes-Benz EQE SUVBMW iX
NSW$15.38$20.44
Victoria$13.35$17.75
Queensland$13.20$17.55
South Australia$18.33$24.37
WA$15.16$20.15
Tasmania$12.02$15.98
ACT$16.52$21.96
NT$13.98$18.58

Beyond the running costs

Both are large luxury SUVs, so the choice comes down to the details. The BMW iX has been sold here since 2021, so it has more local history than the Mercedes-Benz EQE SUV (2023).

Mercedes-Benz EQE SUVBMW iX
TypeLarge luxury SUVLarge luxury SUV
ANCAP safety5 stars (tested 2023)5 stars (tested 2021)
Braked towingNot on file2,500 kg
0–100 km/h7.6 sNot on file
DriveRWDNot on file
On sale here since20232021

Safety ratings are ANCAP's; towing and performance are the makers' figures, across all versions. Sources are on each car's page: Mercedes-Benz EQE SUV · BMW iX.

Next step

Try them with your own driving

Compare these two in Compare ›

Change your state, kilometres and home charging, or add a third car.

Common questions

Is the Mercedes-Benz EQE SUV or BMW iX cheaper to own?

The Mercedes-Benz EQE SUV 300 is about $5,738 cheaper to own over 5 years. This counts the price, charging mostly at home, scheduled servicing and tyres, driving 250 km a week in NSW.

Which is cheaper to charge, the Mercedes-Benz EQE SUV or BMW iX?

In NSW, charging mostly at home, the Mercedes-Benz EQE SUV 300 costs about $15.38 a week and the BMW iX xDrive45 M Sport about $20.44 for 250 km of driving.

Which has more range, the Mercedes-Benz EQE SUV or BMW iX?

The BMW iX xDrive45 M Sport has a claimed range of 602 km, versus 543 km. Expect less at highway speeds.

Which is bigger, the Mercedes-Benz EQE SUV or BMW iX?

The Mercedes-Benz EQE SUV is 4.86 m long and the BMW iX is 4.96 m long.

More comparisons

How we work it out, and our sources

Weekly cost = the car's energy use × 250 km × your electricity or fuel price, with 90% of charging at home. Prices are list prices at November 2026; check with the dealer.

  • Electricity: 2026–27 default rates (AER, Victorian Default Offer, state retailers). Public charging: Sydney network prices, July 2026.
  • Petrol and diesel: capital-city daily averages from state government price feeds, via FuelRadar, 12 November 2026. Diesel for Hobart, Canberra and Darwin is estimated from the national fall.
  • Cars: maker figures via CarExpert, Drive, CarsGuide and EV Central. Plug-in electric range is taken as 80% of the claim.
  • Servicing: published capped prices; marked as an estimate where not yet published (CarExpert comparison).
  • Tyres: an EV set lasts about 35,000 km, a petrol or hybrid set 50,000 km (RACV); prices from Gridly.
  • Home charger: about $2,000 installed ($1,000–$3,000). Novated leases: PwC summary.

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