Is an extended warranty worth it on a Mercedes?
New and Pre-Owned Extended Warranties An extended warranty may not be worth the cost if you’re planning on switching your vehicle within 10 years, since many modern vehicles are highly reliable. If you do plan on keeping the vehicle for 10+ years, then an extended warranty is certainly recommended. 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.If you buy a new car so often that the new car smell hardly dissipates before your next one arrives, you don’t need an extended warranty. On the other hand, if you typically keep your car well past its factory warranty expiration, think about buying an additional auto 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.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. Even if you do sell your car before the warranty runs out, your extended protection plan may be transferable.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.
How much does Mercedes charge for an extended warranty?
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. 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.Put your trust in us. 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.Mercedes-Benz says a grace period will apply for those who purchase before April 1, with the new warranty structure to be backdated to March 1, 2020. Mercedes’ warranty extension follows mass adoption of five-year provisions across mainstream marques in 2019, including quasi-luxury brands such as Volkswagen.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.
Can I sell my extended warranty back?
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. Absolutely, We consider this plan “No risk” which means that you have the option to cancel your coverage at any time and receive money back. If you have used the extended warranty you will need to speak with your dealer for information about refund policy.Cons of an Extended Warranty Extended warranties require an upfront payment or are added to your financing, increasing your total cost. If you don’t end up using it, you may feel like you paid for something you didn’t need. Depending on the warranty plan, some repairs may not be included.Like most goods and services, extended warranty policies can come with the option of getting refunds. However, extended warranties — especially automobile extended warranties — are unique entities and, as such, have unique characteristics regarding when and how refunds are available.Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average.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.
Can you get out of an extended warranty?
You can cancel an extended warranty at any time and you’ll get a prorated refund for the unused portion of your policy. Contact the Dealership By providing the VIN, the dealership can access the warranty information in their system and confirm whether the warranty is still active, specify the type of warranty coverage available, and indicate how long it will last.You do not have to buy an extended warranty and it is completely optional. Suppliers risk breaching the law if they: put too much pressure on you or use unfair tactics to get you to buy an extended warranty.If you want to check the status of extended warranty coverage, you’ll need to contact the provider to get information about expiration. If you get your extended coverage from the manufacturer, this could be a local dealership.Oh, for checking on an extended warranty, you should start with your purchase documents if you’ve still got them handy. Usually, it’s listed there if you opted for it. If not, the dealership where you bought the car can definitely help; they can look it up using your VIN.If things do go wrong, a voluntary or extended warranty may entitle a consumer to have goods replaced, repaired, or to have their money refunded. The terms and conditions of both kinds of warranties set out precisely what consumers can claim, such as whether all repair work or replacement parts are covered.
Can you ask for a refund under warranty?
Refund, replacement or repair Consumers are entitled to a solution called a ‘remedy’ if a product or service they bought does not meet one or more of the consumer guarantees. Depending on whether the problem is major or minor, the buyer may be offered one of the following remedies: a refund. 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.Under the warranty there will be a number of conditions you need to meet to get a refund or repair. There is no laws governing warranties obligations as they are just a contractual agreement.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.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.