Mercedes EQC running costs
|Insurance group||Warranty||Service interval||2019/20 company-car tax cost (20%/40%)|
|TBC||3 years / unlimited mileage||1 year / 15,000 miles||From £2,099 / £4,197|
The Mercedes EQC is keenly priced against the e-tron and I-Pace, in terms of both 'sticker price' and monthly finance deals, which are likely to start at around £600 per month. Just avoid the top-end models and the limited-edition 1886 version. Regardless of equipment and style accoutrements, the EQC feels overpriced at £80,000 in a way that it doesn’t at £65-70,000.
It goes without saying that company-car tax is very low, so if you’re in the privileged position to be able to squeeze such an expensive car through the company books, you’ll pay very little BiK for such a powerful and premium SUV.
Most domestic electricity tariffs in the UK cost around 14p per kWh, at which rate it'll cost £11.20 to fully charge the EQC. With a real-world range of around 200 miles per charge, that works out at less than 30% the fuel costs of an equivalent high-performance diesel SUV.
Mercedes EQC insurance group
The EQC's insurance groups haven’t been confirmed yet, but expect it to fall into one of the highest groups given the performance and cost.
Mercedes offers a three-year/unlimited-mileage warranty on all its new cars, while the EQC’s batteries are warrantied for eight years or 160,000 kilometres (which is just under 100,000 miles).
Mercedes will also replace or refurbish the 80kWh lithium-ion batteries if they fall to below 70% of their as-new performance within that battery warranty period.
The EQC will ping a message on the dashboard when it requires a service, and you can expect that to happen every 12 months or 15,000 miles.
The Mercedes EQC is free of road tax thanks to its zero tailpipe emissions, but like every car costing more than £40,000, it's subject to a ‘premium tax’ of £320 a year the first five times it's taxed.
We don’t have any specific residual-value forecasts for the EQC yet, but while premium SUVs typically lose a huge chunk of their value in the first three years, demand for used electric cars is on the rise, so we’d expect the EQC to hold onto at least half of its as-new value if you choose to sell or part-exchange after three years and 30,000 miles.