Does Mercedes do an extended warranty?
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. Extended warranty coverage may not be applicable in all situations. Extended warranties don’t cover everything that could potentially go wrong with your new purchase, and if you’re considering purchasing one, it’s a good idea to really dig into that fine print to see what exactly it’ll cover.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.At the end of the day, the decision to purchase an extended warranty really comes down to the value that you place on peace of mind. Many extended warranties, especially those offered for lower-cost items, are overrated and offer limited coverage.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.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.
Is it smart to get an extended warranty?
Extended warranties can offer peace of mind, functioning as a safety net for certain purchases. However, many products are reliable, so the cost of an extended warranty might outweigh the benefits. Yes, extended warranty plans can be worth it if you don’t want to pay out of pocket for expensive repair bills. They work best for car owners looking to keep their vehicle for a long time — way past when the manufacturer factory warranty expires.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.If you plan to keep your new car for a long time and want the peace of mind of knowing you’re covered for repairs, an extended warranty may be worth it. However, if you tend to trade in your vehicle every few years, you may not get the full value out of an extended warranty.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.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 a BMW extended warranty worth it?
If you plan to keep the car long term, you will likely save thousands of dollars with an extended warranty. The average cost to drive a BMW for one year is $1,000 – $1,700. That’s much more than most extended warranties will cost you, especially over a long period of time. 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.High-mileage warranties can be worth it since vehicles break down more often as they age. Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average.Whether you should buy an extended car warranty is a personal decision. While many drivers never use a warranty, others are glad to have the extra coverage. If you drive a reliable car and could afford to pay for unexpected repairs out-of-pocket, an extended car warranty might not be worth the cost to you.BMW Extended Warranty Cost We reached out to multiple dealerships for BMW extended warranty quotes. Based on our research, a BMW extended warranty costs between $1,920 and $4,560 depending on the specific model, its age and mileage, your preferred coverage level and the coverage term.
Are extended car warranties worth it in the UK?
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. Do extended warranties cover consequential damages resulting from engine failure? While the primary repair costs are typically covered, extended warranties may not cover secondary damages or losses resulting from engine failure. It’s advisable to clarify these details with the warranty provider.CarShield and Endurance are two of the largest and most well-known extended auto warranty providers in the market. Both companies consistently rank high in our list of best extended warranty companies, with Endurance securing the top spot, though CarShield is a viable option depending on your needs.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.Overall, we give Carchex a rating of 9. It can be a good option for customers who want flexibility in their vehicle protection plans and benefits that enhance their coverage.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.
Can you negotiate extended warranties?
An extended warranty can provide many benefits, including financial coverage and peace of mind, should something go wrong with your vehicle. If you are considering the purchase of an extended warranty for your used car, it is possible to negotiate with the dealer for the best price and the warranty coverage you need. Extended warranties offer protection beyond the standard warranty. The likelihood of needing an extended warranty is low, especially if the product is durable and reliable. The cost of an extended warranty may be more than the cost of repair or replacement of the product.Extended warranty coverage ultimately depends on your provider and the coverage plan you’ve signed up for. If you choose Endurance, an engine swap will certainly be covered under our terms providing that the issue is caused by mechanical failure and diagnosed by a certified mechanic.Whether you have an extended warranty or a vehicle service contract, you typically have two options—transfer the coverage to the new owner or cancel it for a prorated refund.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.While an extended car warranty can help you save on expensive repairs, it is not the best financial choice for all types of drivers. Not all repairs are covered: Because an extended car warranty typically matches the new car’s warranty, it also mirrors the limits such as mileage and what repairs are included.What are two of the things should you consider before getting an extended warranty?Extended warranty providers should be willing to give you specific information about the extent of coverage for each plan they offer. Even basic coverage can include a long list of components that are covered. Compare the specifics of the plans you’re considering to find one that matches your needs. 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.Buying a new Mercedes-Benz vehicle is a significant investment, so protecting it with an extended warranty is something you should consider. The automaker offers one extended warranty that comes with six varying levels of term limits which extend your factory warranty up to the 100,000-mile mark.What is covered under the Mercedes-Benz Warranty? The Mercedes-Benz Warranty covers bumper-to-bumper and powertrain components, rust perforation, emission components, and safety belts. It protects against defects originating from the factory but does not cover normal wear and tear or maintenance costs.Mercedes-Benz Certified Pre-Owned vehicles, BMW’s warranty is not as generous as the Mercedes-Benz certified pre-owned warranty. The Mercedes-Benz CPO warranty offers an unlimited mile warranty, while BMW limits theirs to 100,000 miles from the date the car was sold. The BMW CPO program has other limitations as well.Does Endurance Warranty actually cover everything? This depends on the level of coverage you choose, but the Endurance Supreme warranty is the closest you can get to a factory warranty with bumper-to-bumper protection. Whichever plan you select, an Endurance auto warranties provide added peace of mind.
How much should I pay for an extended warranty?
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 research, we determined that the average costs for Endurance warranty services range from about $87 to $141 per month. Down payments for Endurance protection plans are the first month’s payment plus $29, while most deductibles are about $100.Endurance is our top pick for the best car warranty company and we give it our award for Best Comprehensive Coverage. A typical car warranty will cost $2,500 on average, but the total cost of a plan can range from around $1,000 to $5,000 or more depending on the vehicle, coverage level and other factors.