MoneyGeek research revealed that Shelter Mutual offers the cheapest average rate for liability-only coverage at just $31 monthly premiums, making buying a Mercedes-Benz an investment.
Insurance providers consider various factors when setting your monthly premium rates, some more significant than others; consequently, no single insurer offers the lowest rates across the board.
Cost of vehicle
The Mercedes GL Class is one of the most beloved luxury midsize SUVs on U.S. roads, boasting ample power compared to its size. Its V6 turbocharged engine generates 362 horsepower paired with an automatic transmission for plenty of acceleration; however, fuel economy may not be particularly impressive; with average combined city/highway mileage being 19 mpg for the GL350; however the more powerful GL550 features an eight-speed automatic transmission powered by its V8 turbocharged engine capable of producing 429 horsepower while an eight-speed turbocharged V8 produces 429hp for powerful enough power that it can pull a 7,500-pound trailer; plus this model also comes equipped with features such as PRE-SAFE occupant protection system as well as Keyless Go.
Mercedes GL car insurance prices depend on multiple factors, including its age and location. Newer models typically cost more than older ones to insure; average yearly rates in Los Angeles average at about $1,816; there are ways you could potentially lower these costs however; such as enrolling in driver education classes or having excellent grades/credit reports/high school grades etc.
Insurance companies take many factors into consideration when setting car insurance rates, so it's essential that you obtain quotes from multiple insurers before comparing prices. Each insurer weighs their factors differently; thus making it impossible to pinpoint one as being cheaper. There are however general rules when comparing prices - first be sure to get personalized quotes from each company, which will allow you to find the ideal plan suited to your personal situation.
As another factor that impacts car insurance costs, safety ratings of models such as the Mercedes GL-Class can have an effect on premium costs. Both IIHS and NHTSA rank it among their top safety picks for premium savings; additionally it comes equipped with advanced driver assistance features which could further bring down premium costs.
Your money-saving options also include purchasing a used Mercedes-Benz. However, it's important to keep in mind that its value will decrease with use compared to a new vehicle; thus it would be wiser to opt for one with provenance over another one. Before purchasing one of these used models, however, do a thorough investigation on its history and condition before making your purchase decision.
Cost of insurance
Cost of Mercedes GL-Class insurance varies significantly depending on factors like driver profile, location and deductible amount. Therefore, it's wise to shop around for the best rates; many companies provide discounts for safe drivers if you ask about it. Bundling policies may save money as some offer discounted rates when combined.
Luxury vehicles typically tend to cost more than other car models when it comes to insuring, due to their more costly parts, higher value, and greater risk. To find the most cost-effective rates, search for companies offering minimum coverage requirements in your state - and lower your deductible accordingly.
Some of the top auto insurers for Mercedes-Benz vehicles include GEICO, Progressive, and Allied. These providers typically have competitively-priced policies with affordable premiums; making them an excellent option if you need coverage quickly. However, an online quote service might provide even cheaper coverage options than these three providers alone.
The GL-Class is a midsize luxury SUV packed with both standard features and optional upgrades, such as a rear-seat DVD system and upgraded leather with ventilated front seats. A fully loaded model can cost as much as $87,000 but despite these high prices it remains popular among consumers.
As with other luxury vehicles, the Mercedes GL-Class can be fairly costly to insure; its premium is comparable to other premium vehicles like Lexus RX 350 and BMW X5.
Mercedes vehicles tend to have some of the highest car insurance rates of all luxury car brands, particularly when compared with non-German luxury marques like Acura and Infiniti. The GL-Class however is cheaper to insure than German counterparts like Audi or BMW models.
This table presents an average cost of insurance for a Mercedes-Benz GL-Class in various states. The data comes from real world quotes provided by leading auto insurers such as Allstate, Nationwide, State Farm and Geico.
Cost of repairs
Mercedes-Benz GL-Class cars are wonderful luxury vehicles, but their maintenance can be expensive. To reduce these expenses, getting adequate insurance coverage may be key - specifically liability, collision and comprehensive. Liability coverage pays for injuries or property damage caused by you in an accident while collision and comprehensive cover your car if damaged by an uninsured or underinsured driver.
There are various ways you can reduce the premium cost for your Mercedes-Benz GL-Class car insurance policy, including discounts for safety features and anti-theft technology. While specific insurers may vary when offering discounts for these features, most can lower your annual premium by several dollars annually. Furthermore, discounts may apply if you have an excellent driving record and good credit history; but keep in mind that average Mercedes Benz GL-Class 2016 4MATIC 4dr SUV AWD (4.7L 8cyl Turbo 7A) insurance rates depend on many different variables so your premium could vary significantly from other drivers'.
For cheap Mercedes Benz GL-Class car insurance quotes, it's best to gather multiple personalized estimates. This will enable you to identify which policy meets your individual needs best; Shelter Mutual was found to offer the cheapest insurance policy when researching this model, followed by CaliforniaCasualty, Workmen's Compensation and Clearcover as the four cheapest companies; American Family, State Farm and Progressive were also present within this top five list.
Insurance rates for the Mercedes-Benz GL-Class vary significantly by location and age; an average insurance premium for 16-year old drivers stands at $4,324. Teen drivers are considered high-risk by insurers; however there are ways of lowering this amount such as improving grades in school or taking a driver's education course to help bring down premiums.
Mercedes Benz GL-Class repair and maintenance costs average approximately $268 more annually than comparable midsize luxury cars, such as Lexus RX 350 or BMW X5, while Acura MDX costs are roughly half that amount. To reduce these expenses you should regularly check oil levels and perform preventive maintenance checks on your GL-Class.
Cost of maintenance
The Mercedes GL class SUV is an impressive luxury vehicle with premium features at an attractive price. Standard features of this car include six CD changers, dual zone climate control, four wheel drive and faux leather upholstery; popular options such as moonroof, fixed third-row skylight and Harman Kardon audio systems may only be found on higher trim levels; when considering purchasing one it's important to take note of maintenance and insurance costs as the Mercedes-Benz GL is generally more costly to insure than other luxury SUVs; so obtain several quotes before selecting one company before making up your mind about which company to go with.
Insurance rates depend on both insurer and model year; for instance, insuring a Mercedes-Benz GL class costs more to insure than Lexus RX 350 and BMW X5, but less than Acura MDX. Rates also differ based on driver age and policy deductibles so it is wise to shop around in order to find the most cost-effective policy - compare pricing by calling different agents!
While you cannot completely avoid the rising costs of maintenance, you can reduce your bill by performing routine checks and avoiding unneeded repairs. Furthermore, consider purchasing an oil change plan and brake fluid replacement service plan from an independent warranty provider rather than through your dealership to keep your vehicle in tiptop shape and save money over time.
Finally, it's essential that you take advantage of any discounts provided by an insurance company. Achieving a high credit score may qualify you for a discount; other companies offer special rates for students and senior drivers as well. It might even pay to compare rates from smaller regional insurance providers.
Overall, the Mercedes Benz GL-class is an extremely safe vehicle to operate. It features excellent safety ratings and comes equipped with numerous passive restraint systems designed to prevent injuries in an accident. Furthermore, its advanced anti-theft and safety features may help lower auto insurance rates; however their effects will depend on your insurance provider.