How much is insurance on a Maybach?
On average, Mercedes drivers could pay an average of $1,664 annually for insurance. This is relatively expensive compared to other cars, but costs can differ greatly depending on the actual model. To help you find the best price, MoneyGeek broke down costs for all of Mercedes' major models by year and driver age.
On average, Mercedes drivers could pay an average of $1,664 annually for insurance. This is relatively expensive compared to other cars, but costs can differ greatly depending on the actual model. To help you find the best price, MoneyGeek broke down costs for all of Mercedes' major models by year and driver age.
Driver type | Potential annual insurance cost** |
---|---|
Aged 18-25; 1 year NCB* | From £984 |
Aged 25+; 5+ year NCB* | From £136 |
The most affordable major insurer for many Mercedes models is GEICO, which offers annual premiums of less than $800 for models like the C-Class, E-Class, and G-Class. If you're looking for cheap Mercedes-Benz insurance, steer clear of Safeco, which has rates north of $4,000 per year for some popular models.
The average cost to insure a Mercedes AMG C 63 is $2,104 per year, but the price may vary depending on the insurance company you choose. State Farm offers the most affordable car insurance option for a Mercedes AMG C 63 at $1,575 per year for a full coverage policy, while Allstate charges $2,406 annually.
Higher-end car brands like Mercedes-Benz, BMW, Audi, Porsche, Maserati, Lexus, Tesla and Lamborghini are all considered luxury brands. Because they have higher repair costs, they're usually more expensive to insure than other brands.
Insurance for luxury cars almost always costs more than the national average cost of a policy. This is largely due to the higher repair costs. If your luxury car is damaged, the cost of parts, repairs and labor will likely be significantly higher than for standard vehicles.
Compare BMW insurance costs for all models
BMW insurance groups can vary significantly. At one end of the scale, the cheapest BMW to insure is generally the 1 Series – especially the more modestly trimmed and lower-powered hatchback versions of the car.
Mercedes-Benz Reliability Studies
Absolutely. J.D. Power studied how many times models from different brands visited the service center within the first three years of ownership. Mercedes-Benz's reliability was strong with 195 repairs for every 100 vehicles sold. How does the competition compare?
Model | Average price1 |
---|---|
A 180 AMG Sport CDi BlueEfficiency | £781 |
C220D AMG Line | £788 |
E220 Avantgarde CDi (170) | £576 |
SLK 250 Sport AMG CDi | £334 |
Are Mercedes cheap to fix?
If you're the proud owner of a Mercedes Benz, you know that it's not a cheap car to maintain. In fact, repairing a Mercedes can be quite expensive. Depending on what needs to be fixed, the cost can range from a few hundred dollars to thousands of dollars.
Mercedes-Benz lowest priced car is A-Class Limousine priced at ₹ 46.05 Lakh. Mercedes-Benz most expensive car is AMG GT 63 S E Performance priced at ₹ 3.30 Crore. Mercedes-Benz SUVs in India include G-Class, GLA, GLS, GLC , Maybach GLS etc. Mercedes-Benz 7 seater cars are GLS, GLB and EQB.
The average cost of BMW insurance among national providers in 2022 is $2,337 per year or $195 per month, according to our data. This is 35% higher than the national average of $1,730 per year.
The rarest Mercedes-Benz W204 AMG? Meet the Mercedes-Benz C63 /////AMG DR 520. Only 20 units were made. It's powered by a thunderous 6.2L V8 which has been upgraded to 382kW and 650Nm of torque.
The Mercedes-AMG C 63 S sedan has already completed its production run. Production of sedan versions has closed as the brand transitions to a greener, quieter – yet faster and more powerful – model with a four-cylinder hybrid motor. It's too late to order a V8 powered C63 sedan.
The price of the 2024 Mercedes-AMG C63 starts at $85,050 and goes up to $87,100 depending on the trim and options.
On average, the Hanover Insurance Group offers the most expensive car insurance and Michigan is the country's most expensive state for auto insurance. Discover if you are overpaying for car insurance below.
Luxury cars such as Mercedes-Benz are in a class of their own, but they still depreciate. In many cases, luxury cars depreciate even faster than mainstream vehicles. This steep depreciation is because of their higher price tags and high-tech features.
State Farm, Travelers and Progressive are the best car insurance companies for luxury cars. Exotic cars usually need a specialty insurance company like Hagerty, Grundy Insurance or PURE Insurance.
- Lexus ES.
- BMW 3 Series.
- Lexus RX.
- BMW X3.
- BMW X5.
- Cadillac Escalade.
What color car is the most expensive to insure?
Does car color affect insurance rates? The color of your car doesn't affect your insurance rate. Instead, your insurance company uses other information, like your car's age, location, usage, and your driving record, to help determine insurance rates. Learn more about the factors that impact auto insurance pricing.
From a quick glance through the ranks, the cars that depreciate the fastest are luxury vehicles, specifically luxury sedans. These types of cars are often leased, and supply increases dramatically once the lease period expires.
Despite being a highly prestigious marque, it is possible to find cheap Porsche insurance – and it helps to find a cost-effective car in the first instance. Perhaps the cheapest modern Porsche to buy and insure would be a 944 or a 986 Boxster.
Yes, Audi are expensive to insure, since Audi are luxury vehicles, they are expensive to replace after an accident. State-minimum insurance for Audi costs about 2,924 per year, on average, based on multiple third-party sources online, while state-minimum coverage for the average vehicle costs $1,407 per year.
BMW owners pay about 48 percent more for maintenance and repairs per year than the industry average, according to RepairPal data on the luxury brand. In this article: BMW Ultimate Care Plan Coverage. Standard BMW Maintenance And Repair Costs.
References
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