It’s no surprise that the cost to insure a luxury Mercedes-Benz can be expensive. The average cost of a full-coverage insurance policy for a Mercedes is $4,505 per year, based on the nine models we analyzed for this survey.
Is Mercedes C Class insurance expensive?
Compared to other car models, Mercedes C-Class insurance rates are expensive. The average cost to insure a Mercedes C-Class is $1,633 per year, which is $206 more than the average annual rate of $1,427 across all models.
Is Mercedes a good first car?
Mercedes-Benz motor vehicles are excellent cars and as such would make a very good first car. The main stumbling block here is the cost. Mercedes-Benz vehicles are not cheap and as such fall outside the wheelhouse of many consumers.
What’s the most expensive vehicle to insure?
The Tesla Model S Performance is the most expensive car to insure among top-selling 2021 vehicle models.
The Most Expensive Cars to Insure.
| Vehicle |
Average Annual Premium |
| Nissan Altima 2.0 S |
$2,130 |
| Tesla Model 3 Standard Plus |
$2,447 |
| Volvo XC90 T8 Inscription |
$2,456 |
Do Mercedes cost a lot to insure? – Related Questions
Do luxury cars cost more to insure?
Because car insurance is designed to protect your vehicle, the high price of a luxury car inevitably leads to higher insurance costs. For the models included in our survey, the average annual insurance premium for a luxury car was about 18% higher than the cost of insuring a moderately priced sedan.
Are BMW expensive to insure?
As a luxury vehicle manufacturer, BMW models can be expensive to insure. This is because expensive cars usually cost more to repair and replace.
Is insurance higher on a Tesla?
Tesla’s own insurance rates are substantially cheaper than competing insurers. The typical rate is $2,030 per year across all new Tesla models — that’s 49% less than the average rate.
Do SUVs cost more to insure?
On average, SUVs are $314 annually cheaper to insure compared to sedans. Typically, larger vehicles, including trucks and SUVs, are more expensive to insure. However, small crossover SUVs have some of the cheapest rates, even when compared to compact vehicles.
Are older cars cheaper to insure?
Are older cars cheaper to insure? Yes, most older cars are cheaper to insure, especially in terms of comprehensive and collision insurance. Cars lose value as they age, so the potential insurance payouts after an accident drop as well. This is not the case with many classic or collector cars.
How much does it cost to insure a Toyota 86?
How Expensive Is It to Insure a Toyota 86 Compared to Other Cars? Compared to other car models, the cost of insurance for the Toyota 86 is on the expensive side. On average, you pay $1,629 per year for coverage. This is roughly $202 per year more than the average insurance cost for other car models.
Is RAV4 expensive to insure?
Insuring a Toyota RAV4, regardless of its model year, is inexpensive compared to most other makes and models. It costs an average of $1,181 per year to insure a Toyota RAV4, which is $247 less per year than the national average.
Why do Toyotas cost more to insure?
The high costs of insurance for this vehicle is most likely due to the fact that — as a sports car — the Toyota 86 is statistically at a higher risk to be stolen or in an accident, than a typical sedan or SUV. To account for this increased risk, insurance companies raise the price of auto coverage for drivers.
Is a Toyota Camry expensive to insure?
The cost to insure a Toyota Camry is inexpensive compared to the average car model. Typically, Toyota Camry owners pay around $1,276 per year. That is slightly lower than the average cost of insurance across all car models, which is $1,427 annually.
Is Toyota or Honda cheaper to insure?
Average car insurance cost per month for the Honda Civic is 0.8% more expensive than the Toyota Corolla, at $126 versus $125, a difference of $1. Out of 20 models in the 2022 small car segment, the Honda Civic ranks #8 and the Toyota Corolla ranks #6 for most affordable car insurance.
Why is the Prius so expensive to insure?
The main reason why insurance companies charge you more to insure a hybrid is that they are worth more. Buyers still pay a high premium for buying the latest hybrid technology. If your car gets stolen or totaled, your insurance will have to cover a higher cost.
Are Prius expensive to insure?
A Toyota Prius is inexpensive to insure. Compared to other car models, you’ll generally spend less on an insurance policy for this car. On average, the cost of insurance for a Toyota Prius is $1,237 per year, which is roughly $190 less than the average across all other car models.
What are the drawbacks of hybrid cars?
Disadvantages Of A Hybrid Car – Find the best car deals!
- Higher Purchasing Cost And Complex Hybrid Tech.
- Performance.
- Fuel Economy On The Open Roads Or Highway.
- Higher Insurance Rates.
- Diminished Hybrid Fuel Efficiency In Cold Weather.
Are hybrid cars cheaper to insure?
Does a hybrid car cost more to insure? Hybrid cars are more common than pure electric cars, so insurance quotes are often more competitive. However, insuring a hybrid car may still be more expensive than taking out cover for a standard car, as the costs of parts are likely to be higher.
Is it worth buying a Prius?
Yes, the Toyota Prius is a good car. It bests nearly all other hybrid cars in fuel efficiency and boasts a huge cargo hold. There’s also ample, comfortable seating space and a long list of features. However, its driving dynamics are less than stellar, with weak acceleration and little steering response.
How much is a new Prius battery?
Batteries for hybrids and electric cars usually cost more than batteries for gas-powered vehicles—and the Prius battery is no exception. It can cost between $2,200 and $4,100 to replace a Toyota Prius battery.