Is it worth buying the extended warranty from Mercedes-Benz?
High repair costs and low reliability make a mercedes extended warranty worth considering. Independent warranty companies also offer additional coverage for mercedes-benz vehicles, which have some distinct advantages compared to the manufacturer’s plan. 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.Extended car warranties can be worth it if you have an older vehicle with a high mileage but may not be worth it if your vehicle isn’t likely to break down.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.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.
Is it advisable to take extended warranty?
Extended car warranties can provide peace of mind and protect drivers from paying out of pocket for costly repairs. It’s smart to consider an extended warranty if you have a used car, if the vehicle has high mileage or if it’s an unreliable model. It’s better to buy your coverage as the end of your vehicle’s bumper-to-bumper warranty or when you near the deadline to purchase an extended warranty backed by the vehicle’s automaker.Is Your Vehicle Unreliable? An extended warranty is worth your time if your car isn’t extremely reliable and you wouldn’t necessarily be able to pay for major repairs right now. If you purchase a used car from a dealer, an extended warranty could be the right choice if you’re uncertain about a vehicle’s reliability.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.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.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.
Is it worth taking out extended warranties?
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. You can purchase an extended warranty when you purchase your vehicle or at a later time. The major benefit of purchasing it when you buy the car is the ability to add the purchase price into your total amount financed.Having a long-term extended warranty that will still be in place when these issues start to come up can be a great way to save money and keep your vehicle running. A long-term extended auto warranty will usually be in place for somewhere between five and ten years and up to 150,000 miles.Extended warranties can be a good option for those seeking extra protection and peace of mind. In addition to warranties on parts, some warranties also cover the labor costs associated with replacing a defective engine.Is a Mercedes Extended Warranty Worth It? The average cost for repair and maintenance on a Mercedes-Benz vehicle is $908 per year, according to RepairPal. Unless you can budget for expensive repairs, you may benefit from extended vehicle protection.Can I purchase an Extended Warranty if I don’t have an existing Mercedes-Benz warranty? Yes, you can purchase an Extended Warranty at any time, even if you don’t have an existing Mercedes-Benz 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 easiest way to get a good deal for an extended car warranty is to compare free quotes from multiple reputable third-party companies. Pay attention to each extended warranty company’s customer service, coverage options and cost as you shop.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.The average total cost of the best extended car warranty plans costs anywhere between $1,500 and $4,000, but your cost will be based on several personal factors.The Mercedes-Benz five-year warranty has unlimited kilometre coverage on privately owned cars, SUVs, AMGs, passenger vans and utes. A 200,000km limit is imposed on any Mercedes cars, passenger vans and SUVs used for commercial purposes (such as hire cars and ride-share vehicles).An extended car warranty may help cover the cost of certain repairs to your vehicle when the manufacturer’s warranty expires, but they’re not for everyone. While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong.
Can I get a refund on my Mercedes extended warranty?
No deductibles. Honored at more than 350 authorized Mercedes-Benz dealerships. New Vehicle Warranty. Access to the latest in diagnostics. Mercedes cars can be long-lasting if you take care of them. Spending extra to care for your new Mercedes-Benz can help increase its longevity and protect your investment for years.If you value comfort, Mercedes is a top pick in the luxury car scene. But if you’re looking for a thrilling driving experience, BMW is the way to go. BMWs also have better reliability and safety.When you purchase a new Mercedes-Benz, you are protected against defects in materials or workmanship that originated at the factory. This basic comprehensive warranty starts on the sale date of the new vehicle, and lasts for 4 years or 50,000 miles, whichever occurs first.
What are two reasons not to buy an extended warranty?
While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return. Extended warranties may reduce financial stress, particularly for those who own models from unreliable brands. They’re available through dealerships, auto clubs, and insurance companies (which sometimes call them mechanical breakdown insurance). The plans can vary in length of time, what they cover, and price.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.Through our extensive research, we found the worst extended auto warranty companies include Direct Buy Auto Warranty, ASAP Warranty, and Us Fidelis. The worst car warranty companies tend to have red flags, such as a bad reputation and a lack of industry endorsements.Extended car warranties can be worth it if you have an older vehicle with a high mileage but may not be worth it if your vehicle isn’t likely to break down.