Can I cancel my extended warranty and get money back?
Every extended warranty product has a ‘flat cancel’ period detailed in the contract. If you opt to cancel the extended warranty within the flat cancellation period, you will get a FULL refund. Typically, the extended warranty flat cancellation period is 30 to 60 days after the date of purchase. Yes, you can purchase an Extended Warranty at any time, even if you don’t have an existing Mercedes-Benz warranty. However, please be aware that you’ll be unable to take out a monthly policy, and will need to purchase a 12-month policy or a 24-month policy.Once your CPO Limited Warranty expires, the CPO Extended Limited Warranty offers up to 2 additional years (unlimited miles), providing the same comprehensive coverage. For additional details, contact your local Mercedes-Benz dealer.The purchase of any Mercedes-Benz Certified Pre-Owned vehicle includes a 1-year unlimited mileage Limited Warranty. That warranty includes coverage extending to the engine and powertrain, steering, suspension, brakes, electrical systems, and climate control system among other components.The Mercedes-Benz Extended Limited Warranty Agreement may be canceled for a full refund at any time prior to the expiration of the New Vehicle Limited Warranty and the effective date of this Agreement, if a written request for cancellation is submitted using the Cancellation form that can be obtained from the selling .
Does warranty provide refund?
A warranty may let you return, replace, or repair it if it doesn’t work as expected. A product’s warranty acts as a guarantee that it will perform. However, not all warranties are equal. A warranty might cover a product for a lifetime or a matter of days. A warranty may let you return, replace, or repair it if it doesn’t work as expected. A product’s warranty acts as a guarantee that it will perform. However, not all warranties are equal. A warranty might cover a product for a lifetime or a matter of days.Warranties and guarantees Usually, a guarantee is an agreement without any extra charge to repair, replace or offer a refund on goods which do not meet the specifications in the guarantee.If something breaks after you’ve used it a fair bit, you might still get a partial refund or repair. You must make your claim within a reasonable time. This could mean 2 things: All warranties go on for however long the product would reasonably last.Ideally, if you buy reliable and durable products, the likelihood of them needing repairs after the manufacturer’s warranty expires is low. In many cases, the cost of repair exceeds the cost of the warranty, and if you don’t end up using the warranty, it’s money wasted.Registered Limited Warranty It covers the cost of parts that might fail due to manufacturer defect, but not the labor to repair them. In most cases, this warranty lasts for 10 years, but length of coverage may change depending on the product.
Can I get a refund if I have a warranty?
Warranties are extra promises that a business makes about the quality of a product or how it will fix any problems with a product or service. Warranties apply in addition to consumer rights to a repair, replacement, refund or cancellation when there’s a problem with a product or service. 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.All About Extended Warranties The initial car warranty is built into the cost of a new car. But after your initial car warranty has expired, it’s possible to buy additional coverage in the form of an extended warranty. These are also sometimes called service contracts.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.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.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.
Can I get a refund on an unused warranty?
After the first 45 days you can still cancel the warranty, but you’ll only get a partial refund – the amount you’ll get depends on how long ago you took out the warranty. You can’t do this if you’ve already made a claim. 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.For many dealership contracts, there is a time limit by which you can cancel your extended warranty without repercussions, typically within 30 to 60 days. However, some dealerships make it difficult to cancel their warranty even within the allotted timeframe.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.For many dealership contracts, there is a time limit by which you can cancel your extended warranty without repercussions, typically within 30 to 60 days. However, some dealerships make it difficult to cancel their warranty even within the allotted timeframe.
Can I get money back from my extended warranty?
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. 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.Costs and fees involved in transfer process: most extended car warranty providers charge a fee for transferring the coverage to a new owner. This fee can range from around $25 to $100, depending on the company and the level of coverage.The Mercedes-Benz New Vehicle Limited Extended Warranty goes into effect once the New Vehicle Limited Warranty expires. So, after the first 48 months/50,000 miles of ownership, you can continue on with valuable coverage. Plus, this warranty is 100% refundable if you cancel it before it goes into effect.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 does a Mercedes extended warranty work?
Available for purchase before, and effective as soon as the New Vehicle Limited Warranty expires, it provides the exceptional coverage and dedicated service you deserve. Whether it’s for 12, 24, or even 36 months, the Extended Limited Warranty offers continuous protection options of 75,000 or 100,000 miles. 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.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.Typically, the average cost of an extended warranty for a used car is around $1,000 per year, but every vehicle and contract is different. For example, some providers may require you to pay the full cost of coverage upfront, whereas others allow for monthly payments.An extended warranty — also known as a protection plan or service contract — provides similar guarantees for even more years. These policies cost extra, may have different fine print than a manufacturer warranty and often are sold by a third party rather than the product’s manufacturer.
Can I buy a Mercedes extended warranty after purchase?
Additionally, you can purchase Mercedes-Benz Extended Limited Warranty coverage at any time prior to the expiration of your original New Vehicle Limited Warranty. Mercedes-Benz New Vehicle Limited Warranty 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. This includes both bumper-to-bumper and powertrain components, as well as rust perforation, emission components, and safety belts.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.Once your CPO Limited Warranty expires, the CPO Extended Limited Warranty offers up to 2 additional years (unlimited miles), providing the same comprehensive coverage. For additional details, contact your local Mercedes-Benz dealer.Mercedes-Benz Extended Limited Warranty Key Benefits of the Extended Warranty: No deductibles for covered repairs. Factory-trained Mercedes-Benz technicians using the latest tools and diagnostic equipment.