If you're eyeing a Mercedes-Benz in D'Iberville, MS, it's wise to consider every cost tied to ownership. At Mercedes-Benz of South Mississippi, we make it easier to understand all the numbers so you can enjoy your car without financial surprises.
Owning a car isn't just about the sticker price. You've got monthly payments, insurance, gas, maintenance, depreciation, and annual fees to think about. Getting a clear picture helps you make a choice that fits your life.
When planning your budget, your monthly car payment is one of the first numbers you'll think about. According to Experian, the average monthly payment for a new car is approximately $734 as of the second quarter of 2024. For Mercedes-Benz models, your payment will vary based on the features and trim level you select.
Financing also plays a significant role. If you're purchasing a 2025 Mercedes-Benz GLE with a price tag of $63,000 and secure a loan with a 6% interest rate over five years, you will pay about $10,077.99 in interest over the life of the loan. However, this doesn't include cash incentives, sales tax, registration fees, and other variables. Check our Finance Center for the best financing options to keep your costs as low as possible.
Car insurance is another considerable expense. For a luxury vehicle like the 2025 Mercedes-Benz C-Class, you'll likely pay more for full coverage, but it's worth it for peace of mind. Rates depend on factors such as your driving history and location. Shopping around for quotes is the best way to find a good deal. Also, review discounts you might qualify for, like safe driver programs or bundling policies, which can help bring down your premiums even further.
Fuel costs can add up, especially with fluctuating gas prices. If you drive an average of 15,000 miles annually, you could spend around $2,000 per year on fuel, depending on your car and local fuel prices. Using apps to track gas prices in D'Iberville can help you save at the pump. If you're looking for a new car, the 2025 Mercedes-Benz E-Class offers impressive fuel efficiency for its class.
Cars lose value over time, and there's no way around it. The good news is Mercedes-Benz models, like the 2025 GLS, tend to hold their value better than most, so depreciation is not your primary worry. If you keep your car in good condition, you can expect it to stay worth more for longer. That's a big plus if you plan to sell or trade it in down the road.
Every car needs some continuous maintenance to keep running smoothly. Over a decade, taking care of a Mercedes-Benz might cost you around $14,000, which includes things like oil changes, tire rotations, and brake work. There are models like the 2025 Mercedes S-Class that might need special vehicle maintenance costs because of their tech features. But regular maintenance helps prevent more significant issues and keeps everything running like it should.
Remember taxes and registration fees. In Mississippi, these costs depend on the vehicle's value and weight. The fee to register is usually a $9 title fee, $14 for first-time registration, and $12.75 each time after that. You might incur additional costs for luxury cars like the Mercedes-Benz, and even more so if you're buying an electric vehicle.
Adding everything together (monthly payments, insurance, fuel costs, depreciation, maintenance, and registration) helps you get a complete picture of your annual expenses. For a luxury brand like Mercedes-Benz, annual vehicle expenses reflect the premium quality and performance you enjoy every time you drive.
Owning a Mercedes-Benz isn't just about the car; it's about the freedom it offers. Every drive combines reliability, innovation, and sophistication, making your time on the road worthwhile. Whether you're commuting, traveling, or running errands, it's a car that feels built around your needs.
Understanding all the costs of ownership helps you feel confident about your choice. At Mercedes-Benz of South Mississippi, we're here to help you find the right car and the best financing plan. Swing by our dealership today and let us show you why owning a Mercedes-Benz is worth every penny.