What’s a good price for an extended warranty?
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. The remaining 30% paid $2,501 to more than $4,000 in total. An extended warranty or service contract might not be worth the cost if a product isn’t likely to need repairs. Check product review websites to see if other people say the product often needs expensive repairs. Read the details of the extended warranty or service contract.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.extended car warranties can be purchased from either your vehicle’s manufacturer or from an independent provider. Though coverage includes both parts and labor costs from repair shops, you’ll likely still have to pay a deductible on new auto claims.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.
How to calculate the cost of an extended warranty?
Calculating the Cost Use the formula Extended Warranty Cost = (Percentage of Product Cost) × (Total Product Cost). Ensure the final cost does not exceed 30% of the product’s price, adhering to industry recommendations. Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average. Endurance offers the best extended warrantyhttps://www.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.Today, extended warranties represent a global industry worth over $120 billion annually, with profit margins that frequently exceed 50%. For many retailers, these warranties have become more profitable than the actual products they’re designed to protect.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.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 the maximum mileage for an extended warranty?
All manufacturers offer extended warranties. However, many of these warranties only last up to 100,000 miles. Your car’s manufacturer might not have a plan that covers repairs after 100,000 miles. That said, some manufacturers can cover cars after 100,000 miles. 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.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.Mercedes-Benz Extended Warranty Protections Honored at more than 350 authorized Mercedes-Benz dealerships. New Vehicle Warranty.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 is the mileage limit for Mercedes extended warranty?
Our Extended Warranty product has both a mileage limit and an age limit. In order to take out an Extended Warranty for your Mercedes-Benz, your car must not have completed more than 120,000 miles (or 100,000 miles for AMG and Maybach vehicles) at the start of the 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.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.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.Policy flexibility: You can choose either a monthly ‘pay as you go’, 12-month or 24-month policy*. Age and mileage limits apply. You have cover of a wide range of Mercedes-Benz components.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.
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. Extended car warranties typically cover malfunctions in a car’s powertrain for a set period beyond the standard warranty. Powertrain extended warranties typically cover the car’s: Engine. Drivetrain components like the transmission, axles, and differential.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.Not all extended warranties cover AC compressors. Powertrain warranty limitations: If something goes wrong with your AC compressor, your powertrain warranty probably won’t help. These warranties usually don’t include anything related to your air conditioning, including the compressor.
How does a 10 year 100,000 mile warranty work?
By federal law, the main computer or electronic control module in all vehicles is covered for 8-years or 80,000 miles. The 10-year/100,000-mile coverage goes above and beyond the 5-year basic warranty to include the powertrain, internal engine combustion, internal engine transmission, wheel bearings and axels. Every Mercedes-Benz Approved Used car for sale comes with a guarantee of at least 12 months’ comprehensive unlimited mileage warranty.Afterwards, the standard Mercedes-Benz Star Certified Pre-Owned Warranty term provides protection for up to another 2 years or a total of 120,000 accumulated kilometres. It is included on every qualified Certified Pre-Owned vehicle and covers your powertrain and major components.We recommend considering an extended warranty if you own a used car that you plan to keep for several years, but that has high mileage or is a model with known reliability issues.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.Basic Warranty: Mercedes’ new vehicle warranty covers most mechanical and electrical systems for 4 years/50,000 miles. Items this warranty covers include the engine, transmission and drive axle.