Does GLE hold its value?
A 2021 Mercedes-Benz Mercedes-AMG GLE has depreciated $31,895 or 43% in the last 3 years and has a current resale value of $40,700 and trade-in value of $38,300. The 2021 Mercedes-Benz Mercedes-AMG GLE is in the 25-75% percentile for depreciation among all 2021 SUVs. Does a 2023 Mercedes-Benz GLE hold its value? According to Kelley Blue Book, the 2023 Mercedes-Benz GLE is in the 25-75% percentile for depreciation among all 2023 SUVs. Over the last 3 years it retained 66% of its value.A 2023 Mercedes-Benz Mercedes-AMG GLE Coupe has depreciated $20,395 or 24% in the last 3 years and has a current resale value of $61,800 and trade-in value of $59,400. The 2023 Mercedes-Benz Mercedes-AMG GLE Coupe is in the top 10-25% for depreciation among all 2023 SUVs.The GLC and GLE will continue into 2026 in their standard SUV forms — updated with new features and hybrid options — but the Coupe designs will end production after 2025.
Is the Mercedes GLE expensive to maintain?
A Mercedes-Benz GLE 350 will cost about $15,230 for maintenance and repairs during its first 10 years of service. This is more than the industry average for luxury SUV models by $2,777. There is also a 44. GLE 350 will require a major repair during that time. On average, BMW maintenance costs range from $1,200 to $2,500 annually, while Mercedes-Benz maintenance costs typically fall between $1,000 and $2,000. Although both brands can be pricey, the differences in annual maintenance can impact your overall ownership experience.That being said, some recent studies show that BMW models can last up to 200,000 to 250,000 miles, with an average lifespan of at least 15 years. On the other hand, Mercedes-Benz vehicles tend to last up to 150,000 to 200,000 miles with an average lifespan of over 10 years.
What does GLE stand for in Mercedes?
The GLE in Mercedes-Benz shows the class of the vehicle GLE stands for Geländewagen Luxus-E-Klasse, which translates to off-road vehicle luxury E-Class. The GL signifies that it’s an SUV, while the E indicates its positioning as the SUV equivalent of the E-Class sedan. Compared to rivals in the same segment, including the BMW X5, Audi Q7, and Lexus RX, 2026 Mercedes-Benz GLE-Class stands out for its performance versatility, interior craftsmanship, and advanced EQ Boost mild-hybrid efficiency.