Mercedes EQS running costs & insurance
Mercedes' EV flagship is expensive, and pricey to insure as a result, but servicing and company-car tax costs are as low as for any electric car
|Insurance group||Warranty||Service interval||Annual company-car tax cost (20%/40%)|
|50||3yrs / unlimited miles||1yr / 15,000 miles||From £408/£817|
The Mercedes EQS is an expensive electric car to buy, and therefore quite expensive to insure, too. And like all zero-emissions vehicles, it has a very low Benefit-in-Kind (BiK) company-car tax rate of 2% until at least April 2024. The annual bill for running the entry-level model as a company car is just £408 or £817 a year respectively for a 20% or 40% taxpayer.
Mercedes EQS insurance group
Unsurprisingly for an expensive electric luxury car, the Mercedes EQS falls into the highest insurance group there is: 50. Although the same is true for all of the EQS’ rivals from Audi, BMW and Porsche.
Every member of Mercedes’ EQ range of electric cars is covered by a three-year/unlimited-mileage warranty, which is the same level of coverage you get on a BMW iX. Although the Tesla Model S does get a longer four-year warranty, it has a relatively low mileage limit of 50,000. Meanwhile the EQS’ batteries are warrantied for eight years or 160,000 kilometres (which is just under 100,000 miles).
We expect the EQS will follow a similar service schedule to Mercedes’ other electric models like EQC, which requires a service every year or 15,000 miles, whichever comes first.
As the Mercedes EQS doesn’t emit any CO2, it’s zero-rated for road tax (VED) for now and attracts an extremely low Benefit-in-Kind (BiK) company-car tax rate of just 2% until at least April 2024. Its zero-emissions status also sees it escape the London Congestion Charge until 2025.
In This Review
- 1VerdictMercedes' electric flagship doesn't disappoint when it comes to interior quality or on-board technology, although ride comfort can't quite match that of the traditional S-Class
- 2Range, battery & chargingThanks to an enormous battery and aerodynamic design, the EQS boasts one of the longest ranges of any electric car
- 3Running costs & insurance - currently readingMercedes' EV flagship is expensive, and pricey to insure as a result, but servicing and company-car tax costs are as low as for any electric car
- 4Performance, motor & driveIt packs a punch, and despite its length the EQS still feels agile thanks to rear-wheel steering; it can’t match the S-Class when it comes to ride comfort, however
- 5Interior, dashboard & comfortThe EQS’ interior quality more than matches up to the S-Class, which established the benchmark for this type of luxury car
- 6Boot space, seating & practicalityCabin space is generous, but the EQS falls slightly short of the Mercedes S-Class in this respect
- 7Reliability & safety ratingAs you’d expect from a Mercedes, the EQS is overflowing with technology and safety systems, the result of which is the maximum five-star Euro NCAP crash-test rating