How to buy a Mercedes extended warranty?
To purchase the Extended Limited Warranty or to learn more, please visit an authorized Mercedes-Benz dealership. To locate a dealership visit MBUSA. FOR-MERCEDES (1-800-367-6372) today. Product offered and administered by Mercedes-Benz USA, LLC, and marketed by Mercedes-Benz Financial Services. Additionally, you can purchase Mercedes-Benz Extended Limited Warranty coverage at any time prior to the expiration of your original New Vehicle Limited Warranty.When can I buy the Extended Warranty? The best time to buy the extended warranty is while buying your car. You can also buy your extended warranty later on, so long as the car is still under the new vehicle warranty. However, buying the plan later on implies a higher cost than when buying along with the new car.An extended warranty provides an added layer of financial protection beyond the manufacturer’s warranty, potentially sparing you from unforeseen repair expenses down the road. It can offer peace of mind and financial security, particularly for those dealing with mechanical and electrical failures.Additionally, you can purchase Mercedes-Benz Extended Limited Warranty coverage at any time prior to the expiration of your original New Vehicle Limited Warranty.Compare the specifics of the plans you’re considering to find one that matches your needs. How long is coverage available? Extended warranty plans typically cover your vehicle anywhere from 2 to 7 years. If you expect to keep your car for several years, a longer plan may make sense for you.
How much is an extended warranty for Mercedes-Benz?
The cost of a mercedes extended warranty can range from $2,400 to nearly $8,000, depending on the vehicle and plan. You can extend the factory warranty by one to three years and cover up to 75,000 or 100,000 miles on the odometer. Today, extended warranties represent a global industry worth over $120 billion annually, with profit margins that frequently exceed 50%. For many retailers, these warranties have become more profitable than the actual products they’re designed to protect.They typically don’t cover damage that may occur in an accident or normal wear and tear to the vehicle. An auto service contract or extended warranty is not a warranty as defined by federal law, because you buy it separately; it’s not included when you buy a car.Cons of an extended warranty Added cost: Extended car warranties come at a price. Limited coverage: Extended warranties don’t cover all types of damage, nor do they always cover all of your car’s components.Like most insurance policies, an extended warranty is something you pay for in the hope that you’ll never need to use it. For many owners, it’s worth paying the price for peace of mind; even if your car is built by a brand renowned for its reliability, there’s always a risk that something could go wrong.
What is the maximum mileage for an extended warranty?
You can get an extended warranty for a car with over 100,000 miles, but options may be limited. Many third-party providers specialize in high-mileage vehicles, offering coverage for major repairs. Can I get a full refund when canceling my car warranty? Refunds for car warranty cancellations are often prorated, meaning the amount depends on how long you’ve had the warranty and how much mileage you’ve covered. Some providers deduct processing fees, so review your contract carefully to understand the refund policy.Extended car warranties can be purchased from either your vehicle’s manufacturer or from an independent provider. Though coverage includes both parts and labor costs from repair shops, you’ll likely still have to pay a deductible on new auto claims.What Is Not Covered Under an Extended Warranty. Preexisting damage: If your car is already damaged before you buy a warranty, the warranty won’t pay for repairs related to that damage. Normal wear and tear: Damage due to normal wear and tear, such as an alternator breaking down over time, may not be covered.How to get your money back. You can cancel an extended warranty at any time and you’ll get a prorated refund for the unused portion of your policy. If the warranty was included in your loan, your car payment won’t drop, but you may pay off the car sooner after the refund is deducted from your balance.
Why should you almost never buy an extended warranty?
The warranty providers design these plans to be profitable. On average, customers pay more for the policy than they receive in covered repairs. Extended warranties are rarely a smart idea, especially if it’s a used car,” according to the consumer advocates at the Public Interest Research Group. Based on this data, extended auto warranties cost an average of $1,297 per year across providers, plans, coverage options and vehicles. We also surveyed 1,000 extended auto warranty owners in January 2025. The majority of respondents, 70%, paid between $500 and $2,500 in total for an extended warranty plan.Once you sell your vehicle, you may be able to cancel the extended warranty and qualify for a prorated refund. Please contact your warranty provider for details. Any extended warranties are not transferable and will not add to your vehicle’s value.Most extended warranties cost between $1,000 and $4,000, but the cost can fluctuate depending on the type of car and its specific make and model. For example, extended warranties for older cars with higher mileage may be more expensive due to their increased risk of breakdowns.How to buy an extended car warranty. You can buy an extended car warranty from your dealer or car manufacturer when you purchase a new car or any time before the car’s standard warranty expires. Make sure you understand which parts are covered and for how long before you buy an extended warranty.Whether you have an extended warranty or a vehicle service contract, you typically have two options—transfer the coverage to the new owner or cancel it for a prorated refund.
How do you determine if an extended warranty is worth it?
Have the car inspected to identify any possible issues and to determine if the car is worth investing in and insuring. Also, consider how long you plan to keep the car. After the car has been inspected, you can decided whether purchasing extended warranty coverage is beneficial. Upfront Cost: Extended warranties can be expensive, and you might never use them. Weighing the cost of the warranty against the potential repair bills is crucial. Limited Coverage: Many warranties have exclusions and may not cover all types of repairs.Speaking of, only 47 percent of car owners have an extended warranty, and of those, only one in ten has actually ever used their service contract. Rather than buying an extended warranty, many car owners prefer to set aside a fund for big car repairs.A manufacturer’s warranty generally covers manufacturer defects or failures for a period of time after purchase and is automatically included when you purchase the vehicle. Extended warranties are an optional add-on product that covers defects or failures that are not covered by the manufacturers’ warranty.Extended warranties are great for people who want to be prepared for possible repairs that may be needed once the factory warranty expires. Keep in mind there is a difference between third party and factory warranties.