What’s a good price for an extended warranty?
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. 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.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.What percentage of people buy extended car warranties? About 37% of vehicle owners hold an extended warranty. Only 1 in 10, however, actually use their warranty.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.
How much is a 100,000 mile extended warranty?
Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average. The likelihood of needing an extended warranty is low, especially if the product is durable and reliable. The cost of an extended warranty may be more than the cost of repair or replacement of the product.When drivers choose a new Mercedes-Benz, they’ll find their Mercedes-Benz warranty covers material and craftsmanship defects for 48 months or 50,000 miles, whichever comes first. This new vehicle limited warranty coverage is quite comprehensive, covering powertrain, corrosion perforation, and roadside assistance.Additionally, you can purchase Mercedes-Benz Extended Limited Warranty coverage at any time prior to the expiration of your original New Vehicle Limited Warranty.Gain the peace of mind that comes with the exceptional coverage and service you get with Mercedes-Benz Extended Limited Warranty. The Mercedes-Benz Extended Limited Warranty is available for purchase before, and is effective as soon as, the New Vehicle Limited Warranty expires.An extended warranty price represents a percentage of the total product cost. As a general rule of thumb, you shouldn’t spend more than 30% of the product cost on a product warranty.
Can I negotiate the price of an extended warranty?
Negotiating a Better Deal Speak with the finance and insurance managers, explain that you want to buy a new car and need to talk to them about the factory extended warranty on the vehicle. You may find that three different dealerships will give you three different prices on the same coverage. 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.Certain types of damage may not be covered, leaving you to cover the cost of repair or replacement, which defeats the purpose of the warranty.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.You can cancel an extended warranty at any time and you’ll get a prorated refund for the unused portion of your policy.
Can I buy an extended warranty directly from the manufacturer?
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. 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.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 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.Final Thoughts. While extended warranties offer peace of mind for unexpected repairs, they don’t typically include oil changes. That said, maintaining your vehicle regularly is one of the best ways to avoid using the warranty in the first place.The cost of your extended vehicle warranty depends on a variety of factors, like the make, model and age of your car. However, you’ll typically need to pay at least $1,000 per year of coverage, and you may need to pay as much as $3,000 per year, or even more.
Can you extend a Mercedes manufacturer warranty?
New Mercedes vehicles typically come with a 3-year manufacturer warranty. At the end of your manufacturer warranty, you can generally extend for future years. AA Extended Warranty offers an alternate way to protect your Mercedes against potentially expensive repair bills. Additional benefits of the Mercedes-Benz Extended Limited Warranty plan include2: Saves money and time on unexpected repairs; no deductibles, cumbersome paperwork or prior approvals required. Protects vehicle value by preserving vehicle integrity.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.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.
What is the warranty on Mercedes C Class?
The factory-given Mercedes-Benz warranty covers material and craftsmanship defects for 48 months or 50,000 miles, whichever comes first. This new vehicle limited warranty coverage is comprehensive, covering powertrain, corrosion perforation, and roadside assistance. Mercedes-Benz takes pride in crafting vehicles designed for enduring performance. Yet, routine maintenance, such as oil changes and brake pad replacements, falls outside the warranty umbrella. Discover how staying on top of these basics keeps your Mercedes running smoothly.The Mercedes-Benz Warranty covers bumper-to-bumper and powertrain components, rust perforation, emission components, and safety belts. It protects against defects originating from the factory but does not cover normal wear and tear or maintenance costs.Protect Your Warranty: Getting your oil changed at an authorized dealership ensures that all services are performed to Mercedes-Benz standards, which helps protect your warranty and ensures your vehicle retains its value.Mercedes-Benz new and demonstrator vehicles first registered on or after 1 March 2020 receive a 5 year Warranty period. If you purchased a Mercedes-Benz prior to 1 March 2020, you will have a 3 year warranty. We can extend car warranty coverage on selected Mercedes-Benz vehicles for an additional three years.