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! Additionally, you can purchase Mercedes-Benz Extended Limited Warranty coverage at any time prior to the expiration of your original New Vehicle Limited Warranty.The better-known extended warranty providers include Autopom! CarShield, Protect My Car, Carchex, and Endurance.Mercedes-Benz new and demonstrator vehicles first registered on or after 1 March 2020 receive a 5 year Warranty period. If you purchased a Mercedes-Benz prior to 1 March 2020, you will have a 3 year warranty. We can extend car warranty coverage on selected Mercedes-Benz vehicles for an additional three years.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 often cover more than just air conditioners and transmissions. Depending on the provider and plan, coverage may include components like infotainment systems, select hybrid drivetrain parts, ADAS sensors, and smart electronics.
Can you pay a Mercedes extended warranty monthly?
A Mercedes-Benz Extended Warranty is available as a 12-month, 24-month or monthly ‘pay as you go’ policy. You can either choose to pay for your policy with one single payment for 12 months or 24 months cover, or you can choose to have cover that renews each month via a monthly Direct Debit. 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.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.
What is the Mercedes Certified Pre Owned Extended Limited warranty?
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. 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.Now with unlimited peace of mind. Beyond the assurance of a painstaking certification process and 24-hour Roadside Assistance, every Certified Pre-Owned Mercedes-Benz now comes with industry-leading coverage: an unlimited-mileage warranty for one year that can be extended for up to two additional years.High Purchase and Maintenance Costs The initial purchase cost can be significantly higher, and maintenance and repair costs can also be steep. It’s important to consider the long-term financial commitment associated with owning a Mercedes-Benz.New Mercedes vehicles typically come with a 3-year manufacturer warranty. At the end of your manufacturer warranty, you can generally extend for future years. AA Extended Warranty offers an alternate way to protect your Mercedes against potentially expensive repair bills.
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. Cost & value mercedes extended warranty cost varies based on model, mileage, and coverage term. On average, you might pay $2,500–$4,000 for up to three extra years. In comparison, a third-party extended warranty from a provider like nova might offer similar protection for less.Personal finance expert Dave Ramsey is famously outspoken against extended warranties. On average,” he says, “you’ll pay about $1,500 on an extended warranty, and the average repair is $180. I don’t recommend buying extended warranties, ever. If you can’t afford a $200 repair on a car, then you can’t afford the car.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.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.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 percentage of people buy extended warranties?
Some car owners, particularly those with older vehicles, purchase warranties just to have peace of mind in the event of unexpected repair costs. While 47% of vehicle owners hold an extended warranty, only one in 10 have ever used it. You don’t have to use the dealer for repairs or maintenance to keep your warranty in effect. In fact, it’s illegal for a dealer to deny your warranty coverage because you had routine maintenance or repairs done by someone else.Coverage exclusions may apply: Repairs required due to normal wear and tear, normal maintenance services. Damage due to accidents, misuse of vehicle, negligence, fraud, improper adjustments, disconnection or tampering, alterations to the vehicle, objects striking the vehicle.