In-depth reviews

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

Overall rating

4.5 out of 5

Running costs & insurance rating

4.0 out of 5

Insurance groupWarrantyService intervalAnnual company-car tax cost (20%/40%)
503yrs / unlimited miles1yr / 15,000 milesFrom £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.

Road tax

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.

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