How much is car insurance for a Mercedes Benz SLK?

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The Mercedes Benz SLK hardtop roadster sports car is sleek, refined and sporty all at once. Are you interested in the SLK and wondering what it costs to insure?

Before you do, however, you may wish to check out a few details about this compact two-seater, including what makes it special, how it stacks up against the competition, available features and options, safety equipment and some information about the cost to insure the convertible Mercedes Benz SLK sports car.

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Hardtop Innovation and Success

When the SLK roadster was introduced in 1996 and 1997, it was one of the first to use a retractable hardtop roof, eliminating the need to choose between a coupe and a soft-top roadster. As a model, it was intended to compete with the Porsche Boxster and the BMW Z3, the forerunner to the current BMW Z4.

These and other convertibles eventually adopted their own versions of the retractable hardtop roof, in some cases more than a decade after the SLK first developed its hydraulic Vario-roof version.

The Mercedes Benz SLK has seemingly lived up to its German acronym Sportlich, Leicht und Kurz, which translates as sporty, light and short. It won a spot on Car & Driver’s “Ten Best” list in 1997 and again in 2005.

In 2010, Consumer Reports awarded it a “Top Recommendation,” while Car and Driver stated that “the SLK offers Mercedes levels of refinement and a sporty and fun-to-drive nature that can approach that of the sports cars from Porsche.”

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Sizing Up the Competition

The current SLK has some formidable competition, however. In its list of the top Luxury Sports Cars for 2011, US News ranks the Mercedes Benz SLK sixth out of eight vehicles, behind the Chevrolet Corvette, the Porsche Cayman and its Boxster sibling, and the Lotus Elise and Exige models.

Mercedes is joined by the BMW Z4 and the Audi TT at the lower end of this ranking list.

To understand these rankings, however, you need to remember that the Chevrolet, Porsche and Lotus models are all high-performance cars noted for their impeccable acceleration and racecar-like handling capabilities.

The Mercedes, BMW and Audi cars on this US News list represent more of a balance between performance capabilities, stylish comfort and accessible luxury-consumer appeal.

With this in mind, reviewers have much to say about the SLK that is favorable within the context of what it represents as a sports car.

If your desire is for blazing speed, unbelievable cornering traction, minutely responsive steering, or any other purist racing attributes, you might want to consider one of the higher-ranked cars or, if money is not an issue, go up the line to super-luxury models like the Porsche 911 Carrera.

However, if your needs are less extreme, US News notes that the SLK is  “plenty of fun to drive”.

Prices for most of the cars on US News’s list start between roughly $46,000 and $52,000; exceptions are the Lotus Exige starting at just under $66,000 and the Audi TT, which opens at $37,800. In this field, the SLK base model checks in at a very reasonable $47,650 before options.

Models and Specs

The Mercedes Benz SLK comes in two traditional front-engine rear-wheel-drive trim levels, the SLK300 and the SLK350. The SLK300 is equipped with a 228-horsepower 3.0-liter V6 engine with a standard six-speed manual transmission or optional seven-speed automatic with touch shifters.

Several optional packages offer sport suspension, neck and seat heating, enhanced headlights and a complete multimedia package including navigation.

The upgraded SLK350 has a 3.5-liter 300-horsepower V-6 engine with standard seven-speed automatic transmission and with an additional premium package including memory power seats and steering column, enhanced lumbar, iPod/MP3 interface, auto-dimming mirrors and other features.

This model starts at $53,300. With the SLK350 engine, acceleration achieves a compelling 0-to-60 in 5.4 seconds as compared to 6.1 seconds for the base SLK300.

What About Safety in the SLK?

Mercedes Benz puts safety engineering front and center with its pioneering Electronic Stability Program, antilock brakes, brake assist, integrated restraint system with front, knee, side-impact and thorax airbags, emergency belt tensioning with force limiter, head restraints, passenger size sensors with automatic airbag on/off adjustment, SOS collision notification and ample locking and security features.

Even though the SLK has not been crash-tested by the federal government or the insurance industry, its long list of well-designed safety features is impressive for a convertible sports car.

How much is Car Insurance for the Mercedes Benz SLK?

It’s probably no surprise that insurers consider the Mercedes Benz SLK convertible a greater risk than many tamer modes of transportation. As such, you’ll find the cost to insure the SLK higher than normal, with a national average of around $1960 annually for the base SLK300 and slightly more for the SLK350.

While these averages can give a general idea of what to expect, your cost could vary greatly depending on where you live as well as what’s on your driving record, how many miles you plan to drive annually, how old you are, your credit history, and a few other details.

To take a dramatic example, if you live in certain states, the SLK300 can cost less than $1400 to insure annually for a typical policy; in other states, the same policy can set you back more than $2500 a year.

Regardless of your individual circumstances, you’ll always get a better deal by comparing multiple quotes before making a decision.

Now that you know more about the Mercedes Benz SLK and its general insurance costs, type in your zip code to start shopping for the best price available to you.

Related posts:

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  2. Top 10 Sports Cars in the USA
  3. Top 10 Luxury Convertibles in America
  4. How much is car insurance for a Porsche Cayman?
  5. How much is car insurance for a Porsche 911 Carrera?

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