Owning a Mercedes isn't just about having a car; it's like owning a piece of automotive history. These German-crafted marvels exude timeless elegance, and the moment you grasp the steering wheel, you can sense the craftsmanship that's gone into them. It's more than just a car; it's an experience.
Yet Mercedes cars aren't just elegant; they're also a powerhouse of engineering excellence. From their high-powered engines to those iconic emblems, they're true automotive masterpieces. They've blended advanced technology, precision engineering, and timeless style to create something exceptional.
With all this in mind, as a Mercedes owner, it's only natural that you'd want to take every precaution to safeguard your cherished possession. After all, having car insurance alone might not cut it if your Mercedes meets an untimely end. In the unfortunate event that your beloved Mercedes gets written off, your regular insurance may not hand you the full value you paid for it. And that's where GAP insurance comes to the rescue. It's that extra layer of protection to ensure your Mercedes stays a symbol of elegance and performance, no matter what life throws your way.
Why do I need Mercedes GAP Insurance?
Imagine this scene: You've finally made your dream of owning a Mercedes a reality, either by purchasing or leasing it. You're winding through picturesque country roads, experiencing the raw power as your foot meets the accelerator. Envious glances from fellow drivers follow your every move. It's almost like you're living the dream, right?
Now let’s look at the numbers behind your dream. Your Mercedes set you back, say, £60,000 at your local dealership, a price you gladly paid it. The moment you drove your gleaming new car out of the showroom, it waved goodbye to £8,000 in value. Fast forward a year, and it's down another £10,000. Year two? Another £10,000 dip, and so forth.
But what if the unthinkable occurs? Your car either bites the dust through your own doing, or it's taken from you and subsequently written off. Dwelling on this scenario isn't ideal, however, if it does happen, you'll find yourself carless and holding a small cheque from your insurance provider.
The issue with this is the payout will be based on what your insurance provider believes your Mercedes was worth the day it met its unfortunate end, not the day you drove it off the dealership lot. This is what they call the 'Market value’ and it means you're in for a financial gap. If you bought your Mercedes, you're left with less than what you shelled out for it in the first place. If it's a lease, you might still have to pay for your monthly payments, as the insurance payout falls short of covering what you still owe.
That's precisely where Mercedes GAP Insurance comes to the rescue. It's your financial safety net for those times when life throws you a curveball.
How does Mercedes GAP Insurance work?
Mercedes GAP Insurance works by being your financial safety net, ensuring that you're not left in the lurch if the unfortunate event of your car being written off happens. It's the bridge that closes the gap between what your insurance provider pays out and the sum you'd need to buy a like-for-like replacement.
The moment your fresh-off-the-line Mercedes rolls out of the dealership, it starts a journey of depreciation. It's the harsh truth of the automotive world – a brand new car becomes a bit less 'brand new' as soon as it hits the open road. As the years tick by, your Mercedes continues to depreciate, typically shedding about 60% of its value in just over three years.
You don’t need to worry, as Mercedes GAP Insurance ensures you don't get the short end of the stick when it comes to depreciation. It's your guardian angel in those moments when you need to secure funds for a replacement car or take care of those lingering car payments, especially if your Mercedes is on a lease. So, you can keep driving down the road to Mercedes excellence without worrying about breaking the bank.
Why Choose Mercedes GAP Insurance with MotorEasy?
When it comes to safeguarding your Mercedes, MotorEasy's got your back with GAP Insurance. We've got all your bases covered, including cars up to 10 years old (or with up to 100,000 miles on the clock), whether they're fresh from the dealership or have a bit of history from a private seller.
And let's talk about that GAP cover—it's not just a good idea; it's practically a lifesaver, especially if you've got a lease or PCP financing in the mix. A write-off could otherwise land you in some rather sticky financial waters. We've got your back for cars purchased through loans, PCPs, HP, and more.
Our coverage checks all the boxes:
- Accidental damage
- Car theft
But that's just the tip of the iceberg. We know how precious your Mercedes is, and that's why we've loaded up on the perks when you pick our Mercedes GAP Insurance:
- Say hello to a FREE MotorEasy account, your all-access pass to your car's details, essential documents, friendly reminders and exclusive motoring bargains.
- We'll kick in up to £1000 to cover your motor insurance excess.
- Got some optional extras or accessories? We've got you covered, just as long as they're factory or dealer-fitted.
- Planning a European road adventure? We're your co-pilot for up to 30 days.
- Plus, relish savings on MotorEasy maintenance and repairs.
How much does Mercedes GAP Insurance cost?
When it comes to Mercedes GAP Insurance, we're not just talking protection; we're talking tailored coverage that suits your needs. At MotorEasy, we're all about saving you cash – think massive savings of up to 75% compared to the costs you'd face when buying from a dealer or lender. And it's not just about the savings; it's about giving your Mercedes the kind of top-notch protection it truly deserves.
Our team of experts are here to ensure your prized possession is in safe hands. So, with MotorEasy, you're cruising with the peace of mind that comes from having a team of professionals looking out for you and your Mercedes.
Getting the best Mercedes GAP Insurance quote is quick and easy. Our dedicated page gives you all the information you need and a quick and easy tool to get you a quote in a matter of seconds.