If you own a luxury car like a Mercedes-Benz, it makes sense to compare car insurance, not just for the potential savings but also for the features of the product you are buying. In the same way that you looked at the feature offerings of the luxury car you bought, so should you look at more than just the basic coverage your insurer may be offering you. Most companies will start with the minimum coverage you need and go from there. Since our sample vehicle is a Mercedes, which is a luxury car, you need to make sure that your insurance covers more than simple repairs. Most luxury cars nowadays have premium features that are quite expensive to repair, so make sure that your insurance covers this. On the other hand, just because your drive an expensive car doesn’t mean that it’s a magnet for car thieves. In a survey of cars most often chosen by car thieves, the Mercedes E-Class actually ranked very low on the list. Insurance companies keep updated lists of the most stolen vehicles. Higher insurance premiums reflect the risks insurance companies perceive with these vehicles. With the knowledge of which cars are high-risk models, make sure that a car insurance comparison takes factors like these into account.

Running a car is not cheap – from insurance to tax, repairs, petrol, not to mention the air fresheners – it all adds up. However, you do not have to succumb to your overdraft at the end of every month due to the demands of your car – there are many ways that you can make back some of the money it costs you to run your car.

Renting out

There are websites in existence that match the demand to the supply, i.e. those who have a car to rent with those who need to rent a car. For instance, if your car sits on your drive at the weekend, or perhaps you work part-time during the week, there may be a few days where you and your four wheels can earn some money. As long as you have insurance and MOT, it’s a simple process.

Advertise

Advertising is most businesses’ favourite word. If you have no shame in plastering your windows in advertising, this is a great way to make money. How much you earn depends on how much of your car you don’t mind being used for the advertising, but be sure to check with your car insurance company about advertisements on the bodywork of your car.

BenzInsider.com got hacked this morning, which why you’re seeing a Warning Message that our website contains malware. We’ve been able to identify the malicious script and have removed it. We are inspecting every file on the server, just to make sure there is no hidden script that will cause the same problem in the future. There is no danger to the visitors, as we’ve removed what we believe is the code that was causing redirects to a Russian website.

We apologize for any confusion or fear that we might have caused some visitors.