2024 Mercedes-Benz GLS Cost to Own

A 2024 Mercedes-Benz GLS will depreciate $51,249 after 5 years and have a 5-year residual value of $36,801. With out of pocket expenses at $38,473, the total Cost to Own of the 2024 Mercedes-Benz GLS is $89,722.

Style
Miles Driven / Year
2024 Mercedes-Benz GLS image
Lower Costs than Most

The 2024 Mercedes-Benz GLS is in the top 11-25% for Cost to Own among all Luxury Full-size SUV/Crossovers.

5-Year Cost to Own: $89,722

What Does Cost to Own Include?

Fuel
Out of Pocket Expenses $38,473
5-year operating expenses like gas, insurance, interest, maintenance, repairs, and state fees.
See more details
Depreciation
Depreciation (Loss in Value) $51,249
The car's estimated loss in value from the purchase date over 5 years.
See more details

Out of Pocket + Depreciation = Cost to Own

When considering the cost of a car, it's important to look beyond the sticker price. Expenses like fuel, maintenance and insurance can add up quickly.

Sometimes a car with a higher initial price tag can actually save you money over the first five years of ownership. Understanding these differences can help you make a smarter financial decision and keep more money in your pocket.

Considering a 2024 Mercedes-Benz GLS?

Cost to Own Comparison

5-Year Cost to Own includes out-of-pocket expenses like fuel, insurance, service & financing, plus the car's loss in value over time (depreciation).

2024 Mercedes-Benz GLS photo
2024 Mercedes-Benz GLS

Cost to Own: $89,722

MSRP: $88,050

Compare These Cars
2024 Volvo XC90 photo
2024 Volvo XC90

Cost to Own: $84,549

MSRP: $80,795

2024 GMC HUMMER EV SUV photo
2024 GMC HUMMER EV SUV

Cost to Own: $86,383

MSRP: $80,395

Compare Out of Pocket Expenses

New 2024
1 of 3
Mercedes-Benz GLS
New 2024
2 of 3
Volvo XC90
New 2024
3 of 3
GMC HUMMER EV SUV
Total Out of Pocket Expenses
$38,473
$31,152
$36,739
Fuel
$7,958
$2,876
$4,274
Maintenance
$8,747
$3,303
$3,228
Insurance
$9,960
$13,740
$17,160
Repairs
$1,754
$1,747
$1,973
Financing
$9,540
$8,972
$9,590
State Fees
$514
$514
$514

Compare 5-Year Depreciation

2024 Mercedes-Benz GLS
2024 Volvo XC90
2024 GMC HUMMER EV SUV

5-year Cost to Own Breakdown

2024 Mercedes-Benz GLS
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Fuel
$1,688
$1,607
$1,559
$1,554
$1,550
$7,958
Insurance
$1,992
$1,992
$1,992
$1,992
$1,992
$9,960
Financing
$3,310
$2,644
$1,944
$1,208
$434
$9,540
State Fees
$242
-
$136
-
$136
$514
Maintenance
$416
$1,594
$743
$5,578
$416
$8,747
Repairs
-
-
-
$704
$1,050
$1,754
Depreciation
$18,604
$7,749
$8,188
$8,629
$8,079
$51,249
Cost To Own
$26,252
$15,586
$14,562
$19,665
$13,657
$89,722
2024 Mercedes-Benz GLS Cost to Own
5-Year Cost to Own includes out of pocket expenses like fuel, insurance, service & financing, plus the car’s loss in value over time (depreciation).
5-Year Depreciation:$51,249
5-Year Out of Pocket Expenses:$38,473
5-Year Cost to Own:$89,722
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FAQs

As of June 2025 insuring a Mercedes-Benz GLS 2024 will cost approximately $9,960 dollars to insure per year, or $830 dollars per month. This amount can vary depending on factors like the age of the driver, driving record, credit rating, location of insured vehicle, vehicle trim and the company providing the insurance. For more information on insuring your vehicle, check out Kelley Blue Book.

As of June 2025 average annual maintenance costs for a Mercedes-Benz GLS 2024 run about $1,749 dollars, totaling approximately $8,747 dollars over five years.

As of June 2025 average annual depreciation for a Mercedes-Benz GLS 2024 runs about $10,249 dollars, totaling approximately $51,249 dollars over five years. It's worth noting that new vehicles depreciate most rapidly in the first couple years after purchase and that rate slows over time.

A Mercedes-Benz GLS 2024 can be expected to depreciate around $51,249 dollars over the course of 5 years, averaging $10,249 dollars per year, with the most dramatic depreciation occurring in the first 2-3 years and tapering off thereafter. Factors impacting the depreciation value of the 2024 Mercedes-Benz include vehicle age, mileage, make and model, accident history, market demand, service history, and external market factors like gas prices. For a more detailed breakdown of vehicle value, check with the experts at Kelley Blue Book.

Average annual maintenance costs for a Mercedes-Benz GLS 2024 run about $1,749 dollars or $8,747 dollars over the span of 5 years. For a more detailed cost breakdown, check out Kelley Blue Book's car maintenance pages for the 2024 Mercedes-Benz.

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