BMW 530e vs Mercedes E 300 e: running costs and warranty

For private buyers, the BMW is available for significantly less per month on finance

Mercedes E-Class hybrid

These cars have very similar list prices, but there’s a bigger disparity in monthly costs, whether you’re buying on a PCP (Personal Contract Plan) as a private buyer or leasing as a business, with the BMW undercutting the Mercedes by a big chunk.

Go for a three-year/30,000 mile PCP after a £7,000 deposit and shockingly you’ll save more than £200 a month with 530e M Sport, which comes in at around £532 compared to £750 for the Mercedes. Business leases are also quite different and stacked heavily in the BMW’s favour if you lease directly through the manufacturer, but there are plenty of third-party companies offering more competitive costs.

We found a number of deals for the BMW at £400 a month and under, while the Mercedes comes in at around £450, again assuming a 30,000-mile/36-month contract with six months' rental up-front.

As of April 2020, company-car tax drops drastically for plug-in hybrids, so even a higher-rate taxpayer forks out just £2,403 or £2,399 a year for the BMW or Mercedes respectively.

The Mercedes does claw back some points against the BMW in other monetary areas. It’s cheaper to insure, sitting in group 33 compared to group 37, and is also set to hold its value better. According to CAP’s residual forecast, after three years and 36,000 miles, the E 300 e will be worth £22,288, as opposed to £20,424 for the BMW. BMW also lags behind on warranty cover. Both manufacturers offer three-year/unlimited-mileage guarantees on their cars, but Mercedes covers the batteries in its plug-in hybrids for eight years or 100,000 miles, while BMW only stretches to six years or 60,000 miles.

Most Popular

Can solar panels charge an electric car?
Solar Panels
Your questions answered

Can solar panels charge an electric car?

Charging your electric car with solar panels is a great way to save money in the long run. We explain why...
26 Apr 2021
Where can I buy hydrogen and where is my nearest hydrogen filling station?
Mercedes fuel cell
Electric

Where can I buy hydrogen and where is my nearest hydrogen filling station?

A guide to where you can find UK hydrogen fuel stations for filling up a hydrogen fuel-cell car
6 May 2021
Why owners love the Mitsubishi Outlander PHEV
Mitsubishi Outlander PHEV charging
Advertisement Feature

Why owners love the Mitsubishi Outlander PHEV

Thinking of switching to a plug-in hybrid? Plenty of owners we surveyed can vouch for the Mitsubishi Outlander PHEV
6 May 2021