The Mercedes Benz 500, also known as 550, has a base price that is more expensive than its Jaguar XK competitor. The base price for the Mercedes Benz 500 is set at $92,900 while the XK sits at $72,900.
Although the Jaguar XK is considerably less expensive than the Mercedes, it does have less horsepower than its competitor. The XK is rated at 510 horsepower while the Mercedes has a 577 horsepower, 5.5-liter V8 engine. The 550 also has a more fuel efficient drivetrain and utilizes a 7-speed automatic transmission as opposed to the 6-speed automatic transmission offered by the Jaguar XK.