The Mercedes-Benz QV 300 is an electric people carrier that few insurers price online. This guide is for anyone who owns one or is weighing one up. It covers what can be shown: the COE rule, how road tax is worked out and the one insurance price on the page, with its changes.
The insurance figures are examples for one stated driver, as of 1 November 2026. They are not your quote.
What the figures cover
The new-car list has no entry for the QV on sale now. So this guide gives no list price, power or body type. It also has no motor power to work road tax from.
The price page prices the QV 300, an electric car. That is the version most of its insurers quote, and all the insurance figures below are for it.
COE: depends on the motor
The price page gives the rule for a fully electric QV:
- Motor of 110kW (147bhp) or less: Category A, at S$132,004 in the October 2026 2nd round
- A more powerful motor: Category B, at S$131,901 in the same round
The motor rating is on the car's registration papers. On a used car, the years left on the current COE matter more than the latest premium. The COE page shows newer rounds.
Road tax
Electric cars pay road tax on motor power. Without a power figure, this guide cannot give the QV's road tax. Use the road tax page with the motor rating from the car's papers to work it out.
Once a car is over 10 years old, a surcharge applies on top:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
The one price on the page
The Mercedes-Benz QV price page prices these details:
- Car: QV 300, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, 10 years of driving
- Record: 50% no-claim discount (NCD), no claims
- Repairs: authorised workshop, no options
Only one insurer prices it online, at S$1,326.30 a year including 9% GST. The excess on that plan is S$1,200.
Eighteen insurers show no online price. Two of them do not quote electric cars online at all. With one price, there is no spread to compare. Asking other insurers directly is the only way to see more.
What to ask for
When you ask for quotes on a less common car, the details matter:
- The exact version: name the QV 300 and its battery as shown on the papers.
- Seats and use: say how many seats it has and that it is for private use.
- Battery cover: ask how the plan treats damage to the battery and the charging cable.
- Excess: ask whether a lower excess is on offer, and at what price.
How that price moves
The page changes one detail at a time:
- No NCD (0%): S$3,050.48, or S$1,724.18 more
- 20% NCD: S$2,228.19, or S$901.89 more
- Driver aged 27, 3 years' driving, 30% NCD: S$3,332.28, or S$2,005.98 more
- Driver aged 65, 20 years' driving, 50% NCD: no online price
- A new car, registered this year: S$1,410.93, or S$84.63 more
- A car 8 years old: S$1,298.06, or S$28.24 less
The younger driver sees the steepest rise: 151% above the standard figure. Losing all NCD is almost as heavy. For a driver aged 65, no insurer gives an online price at all. If you are in that age group, you would need to ask insurers directly.
Reading a single price
One price is a starting point, not a market. It tells you what one insurer asks for one driver on one day. Your own details, such as your age, NCD and claims record, can move it a long way, as the figures above show. Treat it as a guide when you ask other insurers for quotes.
Against other electric cars
For the same driver and car age, the price page lists six electric cars:
- BYD Sealion 7: S$1,390.72
- BYD Atto 3: S$913.63
- BYD M6: S$861.41
- BMW iX1: S$1,907.27
- Tesla Model 3: S$913.62
- Tesla Model Y: S$939.71
Their average lowest price is S$1,154.39. The QV is 15% above it. Four of the six cost less to insure; the Sealion 7 and the iX1 cost more. The BYD M6 is the one other people carrier here, and it is among the lowest. For other models from the maker, see the Mercedes-Benz car insurance page.
The costs only you can price
- Charging: home charging, if your condo or landed home has it, tends to cost less than public chargers.
- Parking: check height limits at your HDB or condo car park, and at places you go often.
- ERP: depends on routes and timing.
- Servicing and battery: ask how long the battery warranty runs and what it covers.
- Depreciation: on a used car, tied to how much COE life remains.
Summary of yearly costs we can show
For the QV 300:
- Road tax: no figure here; work it out on the road tax page from the motor rating
- Insurance, standard driver: S$1,326.30 a year from the one insurer pricing it (1 November 2026)
- Insurance, no NCD: S$3,050.48
- Insurance, driver aged 27: S$3,332.28
- Insurance, car 8 years old: S$1,298.06
For the COE, Category A closed at S$132,004 and Category B at S$131,901 in the October 2026 2nd round. No list price is given, as the model is not on the new-car list.
Before you buy: car insurance for the Mercedes-Benz QV
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Mercedes-Benz QV to see today's prices from every insurer we compare and how they change with the driver and the car's age. Or get a quote with your own details.