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. Many consumers and third-party companies commonly use these terms interchangeably, so we’ve done the same in this article. Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average.Extended warranties can offer peace of mind, functioning as a safety net for certain purchases. However, many products are reliable, so the cost of an extended warranty might outweigh the benefits.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.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.
How much does a Mercedes extended warranty cost today?
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. 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.The short answer is “no. Mark Kotkin, Director of Consumer Reports National Research Center, says that “extended warranties tend to be a bad deal for consumers” because “most repairs do not occur during the limited time period covered by the extended warranty. Sheila Adkins, Community Outreach Manager for the Better .Average cost of an extended warranty The cost of extended car warranties typically start around $1,000 per year, but costs can climb well beyond $4,000 for comprehensive plans—especially for high-mileage or luxury vehicles. More basic coverage may come at a lower price, but the trade-off is often fewer covered repairs.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.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 Mercedes Certified Pre Owned Extended Limited warranty?
The Mercedes-Benz Certified Pre-Owned Extended Limited Warranty offers affordable additional coverage for 1 Year/Unlimited Mileage or 2 Years/Unlimited Mileage, helping you get the most out of your MBCPO vehicle. The Mercedes-Benz extended warranty starts once the 50,000-mile coverage ends. You have the option of adding on one, two, or three years of extra protection up to 100,000 miles depending on what will work best for you. Perks of an extended warranty include: Helps retain the market value.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.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.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.There are some similarities between the two brands, but once again, BMW comes out on top. BMW and Mercedes-Benz both offer 4 years and 50,000 miles of coverage with their new vehicle warranties, but those who opt for a BMW will also be able to enjoy BMW Ultimate Care standard for the first 3 years or 36,000 miles.
When did Mercedes change to a 5 year warranty?
Mercedes-Benz Australia has announced it will offer a permanent five-year warranty from 1 April 2020. The new warranty coverage replaces the three-year structure and applies to all cars, vans and utes including Mercedes-AMG models and EQC variants. The average AA Extended Warranty price quoted for a Mercedes-Used Vehicle in 2021 was £504*. The lowest price quoted was £277*.
Can you pay a Mercedes extended warranty monthly?
A Mercedes-Benz Extended Warranty is available as a 12-month, 24-month or monthly ‘pay as you go’ policy. You can either choose to pay for your policy with one single payment for 12 months or 24 months cover, or you can choose to have cover that renews each month via a monthly Direct Debit. 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.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 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.Do not buy an extended warranty. Skip the warranty if it’s a reliable model. A policy is an unnecessary expense. Search Autotrader for model reviews highlighting which years are best to buy used.
Is it too late to buy an extended car warranty?
That’s because you can buy an extended warranty at any point before the included factory warranty expires, which means you can hang on to your money for three years and then buy an extended warranty if you decide you need one. 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.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.