What is the Mercedes buyback warranty?
A Manufacturer Buyback, sometimes called a Lemon Law Buyback, occurs when a vehicle has a warranty-related concern requiring multiple repair attempts. Mercedes-Benz repurchases the vehicle, completes the repair, and confirms it meets the Mercedes-Benz brand’s standards. Under the Certified Pre-Owned Limited Warranty, any authorized Mercedes-Benz dealer will make the necessary repairs or replacements to correct defects in material or workmanship. Components covered include, but are not limited to: Engine Components. Powertrain Components.A Mercedes-Benz Extended Warranty will help to provide you with cover against unexpected mechanical or electrical failure. As a result, the policy is also sometimes known as mechanical breakdown insurance (MBI). Our policy covers Mercedes-Benz cars with an expired manufacturer warranty or Approved Used Car Warranty.
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 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.Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average.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.The average AA Extended Warranty price quoted for a Mercedes-Used Vehicle in 2021 was £504*. The lowest price quoted was £277*.
Are extended warranties worth the money?
The pros of an extended warranty include the following: Greater Peace of Mind: Knowing you’re covered for unexpected repairs can reduce stress and alleviate the worry of having to pay for costly fixes out of pocket. This can be especially valuable for those who rely on their vehicle for work or important daily tasks. Cons of an extended warranty Limited coverage: Extended warranties don’t cover all types of damage, nor do they always cover all of your car’s components. Loss of use may not be covered: Not all warranties include coverage for a rental car or other transportation fees in the event of an extended repair time.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.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 older your car gets and the more miles you drive, the more likely it is you may encounter failing or malfunctioning vehicle parts. Purchasing an extended warranty for cars over 100,000 miles will help ensure your vehicle is protected after a mechanical breakdown.The Mercedes-Benz Extended Limited Warranty offers additional coverage with term options for up to three years after the original New Vehicle Limited Warranty expires. Put your trust in us. To purchase the Extended Limited Warranty or to learn more, please visit an authorized Mercedes-Benz dealership.
What is covered by Mercedes extended warranty?
With a Mercedes-Benz Extended Warranty, you’re covered for any costly repair bills that may arise if your car experiences a mechanical or electrical failure. As the owner of one of our Extended Warranty policies, you can drive with ease knowing you’re protected. 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 Mercedes-Benz Extended Limited Warranty offers additional coverage with term options for up to three years after the original New Vehicle Limited Warranty expires. Put your trust in us. To purchase the Extended Limited Warranty or to learn more, please visit an authorized Mercedes-Benz dealership.Every Mercedes-Benz Certified Pre-Owned (MBCPO) vehicle is covered by the MBCPO Limited Warranty1, which runs for 1 Year with Unlimited Mileage2, and any remainder of the vehicle’s original 4 Years/50,000 miles Mercedes-Benz New Vehicle Warranty.The Mercedes-Benz Certified Pre-Owned program provides additional assurance beyond its thorough vetting process. Some of the benefits these models enjoy include: Comprehensive Warranty – The balance of the original New Vehicle Limited Warranty applies, along with an additional 1-year/unlimited-mile warranty.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.What are two of the things should you consider before getting an extended 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. Extended car warranties often cover more than just air conditioners and transmissions. Depending on the provider and plan, coverage may include components like infotainment systems, select hybrid drivetrain parts, ADAS sensors, and smart electronics.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.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.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.
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. You can absolutely negotiate with the dealership finance manager on the price of the warranty and GAP insurance; dealerships often mark up these products significantly, so there is room to bargain for a better price.You may find that three different dealerships will give you three different prices on the same coverage. That reveals that you have some wiggle room to negotiate the best deal and you will have a good idea of the going rate for your car’s factory service contract.
What is a fair 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. 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.Many extended warranty companies negotiate discounted repair rates with service providers. This means they pay less for repairs than a customer would if they paid out of pocket, further increasing their profit margins.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.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.