Can I negotiate the price of a CPO Mercedes-Benz?
You can — and should — negotiate on CPO vehicles, just like you’d negotiate on any new or non-certified used car. As with any negotiations, we recommend fixating on the out-the-door price of the car, including all taxes and fees. So, What Does Certified Pre-Owned Mean, Exactly? Mercedes-Benz will label some vehicles as “CPO”, meaning the car has passed a 165+ point inspection. In addition, a certified pre-owned vehicle is covered by warranties, which is not a benefit that comes with other pre-owned cars.There is always some risk involved in buying a used car, but with a CPO vehicle, it is typically lower. Mechanics who are trained to spot trouble have inspected it. A manufacturer backs it with a limited warranty — and maybe a powertrain warranty, too.Certified pre-owned vehicles can offer the value of a used car with the extra peace of mind that comes from being backed by the manufacturer’s limited warranty. And with free inspection and history reports, you’ll have a better idea of the vehicle’s condition.
How much does a Mercedes-Benz extended warranty cost?
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. Probably not. For most buyers, the high cost of an extended warranty for a used car outweighs the potential benefits. The warranty providers design these plans to be profitable. On average, customers pay more for the policy than they receive in covered repairs.Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average.
Can you negotiate CPO warranty price?
Remember that certified pre-owned cars usually have a higher price tag than regular used cars. This is because they have undergone a rigorous inspection process and come with a warranty. So, while you may be able to negotiate on the price, it is important to ensure that you are getting a good deal. The Hyundai certified pre-owned warranty is ranked among the best certified pre-owned warranties thanks to its comprehensive warranty coverage. This warranty covers what remains of the original new vehicle five-year/60,000 mile bumper-to-bumper warranty and 10-year/100,000-mile powertrain warranty.If peace of mind is a top priority, the thorough inspection and warranty coverage of a certified pre-owned vehicle can provide significant value. But if you’re comfortable conducting your own due diligence and gambling a bit on future repair costs, a standard used car might be the better choice.Most certified pre-owned vehicles come with at least one year of basic, comprehensive warranty coverage backed by the manufacturer, plus a powertrain warranty that usually stretches beyond the original time and mileage limits.
Can I buy an extended warranty on a used Mercedes?
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. Additional benefits of Mercedes-Benz Certified Pre-Owned vehicles include 24-hour roadside assistance, nationwide dealer support, trip interruption coverage, and vehicle exchange privilege. These benefits enable you to make your next purchase with the highest level of confidence.
Are Mercedes expensive to maintain in the USA?
As of 2022, Mercedes-Benz maintenance costs, on average, were around $908 according to a study done by Your Mechanic. If you’re looking for power, Mercedes-Benz has you covered but keep in mind that you’ll need to be prepared for the cost. According to a study by J. D. Power, the brand sits comfortably in the middle range for reliability. During the initial three years of ownership, Mercedes-Benz vehicles typically experience around 195 repair issues per 100 vehicles.The estimated cost to maintain and repair a Mercedes-Benz S500 ranges from $105 to $3125, with an average of $438.
How long is the warranty on Mercedes CPO?
The CPO benefits you get with a Mercedes-Benz certified pre-owned warranty are many. You get one-year/unlimited-miles coverage for starters and can extend it for another two years. CPO warranties generally last for about 1 year or 12,000 miles, though this varies by the manufacturer. When purchasing an extended warranty, you’ll likely have multiple options. Manufacturer extended warranties tend to be more limited with only a few or maybe even a single option for coverage.
How long is CPO warranty good for?
CPO Minis must be no more than 5 years old and have under 60,000 miles. CPO limited warranty coverage is for one year and unlimited mileage after the four-year/50,000-mile new car warranty runs out. With most CPO programs, certified used vehicles must meet the following requirements: Pass a comprehensive multi-point inspection. Include a clear vehicle history report. Meeting low mileage and age requirements. Standard warranty coverage included.