How much is the extended warranty on a used car in Canada?
What Are the Typical Costs? Extended warranty pricing in Canada generally falls between $1,500* and $3,000*, depending on the model, mileage, and plan length. While this may seem like a significant upfront cost, it often pays for itself after just one major repair. You can purchase an extended warranty when you purchase your vehicle or at a later time.Extended car warranty prices in Canada typically range from $1,000 to $3,000. The cost is influenced by factors such as your vehicle type, age, mileage, desired coverage, policy duration, and whether it’s from the manufacturer or a third-party provider.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.Extended auto warranties cost an average of $1,297 per year across providers, plans, coverage options and vehicles, based on our February 2025 secret shopping. Manufacturers and third-party providers don’t have set rates for extended warranty costs.Negotiating an Extended Car Warranty at the Dealership Key tips: Negotiate the price just like you would the car price. Ask for a breakdown of exactly what’s covered. Compare outside options before you walk into the finance office.
Can you finance a Mercedes extended warranty?
Mercedes-Benz Extended Warranty Information. Enjoy greater peace of mind with superior warranty coverage on your new Mercedes-Benz. You can even finance the cost of your Extended Warranty Protection Plan with your vehicle! Ask for a Discount At dealerships, salespeople or finance managers may inflate the cost of the extended car warranty. Inform them the price is too high, and if they can lower it, you may reconsider. Often, they will offer a different rate.With this in mind, if you plan to drive your vehicle beyond its four-year/80,000 km new vehicle warranty, then a Mercedes-Benz Extended Limited Warranty might be right for you. Extended coverage is available for up to seven years or up to a 160,000 km maximum, whichever comes first.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.As well, if you sell to a dealership or vehicle reseller, any warranty coverage remaining will terminate. Furthermore, to transfer any warranty coverage, you will need to provide the following to the new owner: The Mercedes-Benz service booklet. The Mercedes-Benz Certified Pre-Owned Extended Limited Warranty booklet.
What is the Mercedes used extended warranty?
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. 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.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.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.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.
What is a fair price for an extended warranty?
An extended warranty typically costs an average of $600 to $2,000 per year, but that varies widely based on where you buy the warranty, the reliability of the vehicle the warranty covers, and other factors. The price of an extended warranty also is negotiable. 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.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.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 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.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 does it cost to extend a Mercedes-Benz warranty?
The average AA Extended Warranty price quoted for a Mercedes-Used Vehicle in 2021 was £504*. The lowest price quoted was £277*. 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.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.Extended warranties can be expensive, and the upfront cost may outweigh the potential benefits. If the warranty price is high compared to the average repair costs for your car model, it may not be worth the investment. Consider evaluating your budget and repair history before making a decision.You can also buy your extended warranty later on, so long as the car is still under the new vehicle warranty.
Can I buy a Mercedes extended warranty after purchase?
The Extended Limited Warranty can be purchased at any time during the new vehicle basic warranty period (48 months/80,000 km), as long as the vehicle has been regularly maintained at an authorized Mercedes-Benz Retailer. 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.So that you can enjoy continued peace of mind once your CPO Limited Warranty option ends, our Mercedes-Benz Certified Pre-Owned Extended Limited Warranty program offers additional, farther-ranging coverage for either 1 or 2 years. Each coverage option comes with unlimited miles.Every Mercedes-Benz Approved Used car for sale comes with a guarantee of at least 12 months’ comprehensive unlimited mileage warranty.Extended warranties offer protection beyond the standard warranty. 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.As a former dealership service advisor, independent shop manager, and marine/auto repair shop owner it’s even more necessary to have an extended warranty on a vehicle AFTER it reaches 100,000 miles than before. After 100,000 miles parts are closer to the end of their service life.
Can I buy warranty on a used Mercedes-Benz?
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. Fun fact….One of the greatest benefits of an extended warranty is you can add it to almost any used car you buy, regardless of condition, age or miles. You may have to pay extra based on those factors, but you can almost always find a company that will provide you with an extended service contract.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.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.