How long can you extend a Mercedes warranty in the UK?
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. 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.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. Product offered and administered by Mercedes-Benz USA, LLC, and marketed by Mercedes-Benz Financial Services.This means you should expect to pay between $1,000 and $4,200 on a 36-month coverage term (paying for 18 months) for an extended warranty on a vehicle with more than 100,000 miles. As you put more mileage on your vehicle, the likelihood of needing a repair goes up, increasing the price you’ll pay for your warranty.Once your original Mercedes-Benz warranty is up, you can opt for a Mercedes-Benz extended warranty that can add between 50,000 and 100,000 miles of extra coverage depending on which package you choose. What is the Mercedes-Benz extended warranty cost? Between $2,400 and $8,200.
Can you finance a Mercedes extended warranty?
The Extended Limited Warranty Plan may be added to your finance agreement or prepaid up front. Your Mercedes-Benz dealer will work with you to help you determine the approach that will best fit your needs. Cons of an Extended Warranty Extended warranties require an upfront payment or are added to your financing, increasing your total cost. If you don’t end up using it, you may feel like you paid for something you didn’t need. Depending on the warranty plan, some repairs may not be included.You can buy an extended car warranty from your dealer or car manufacturer when you purchase a new car or any time before the car’s standard warranty expires. Make sure you understand which parts are covered and for how long before you buy an extended warranty.If you’re the kind of person who has extra money and doesn’t mind a bit of risk, then an extended warranty may not be a priority for you. However, if you want the peace of mind that most unexpected car breakdowns will be covered, then you should consider getting an auto warranty.You’re effectively paying upfront for protection you may never use. Extended dealer warranties also come with plenty of fine print. They often exclude everyday wear and tear, common modifications and key parts or systems.
Can I negotiate extended warranty price?
Generally, these warranties come with a higher profit margin, giving you the chance to negotiate as much as you can. Just like the price of the car, dealerships may increase the cost of the extended warranty coverage plan for their profit. 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 are rarely a smart idea, especially if it’s a used car,” according to the consumer advocates at the Public Interest Research Group.What are red flags in extended warranties? Common red flags of car warranty scams include unsolicited communications claiming your warranty is expiring, scare tactics, ambiguous coverage details, and pressure to pay upfront or divulge personal information.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.A car warranty covers certain mechanical and electrical faults. This can include engine and gearbox issues, but always check what a warranty does and doesn’t cover, as there’ll usually be exclusions. There are different car warranty types. Including manufacturer’s, used car, third-party and extended warranties.
Is it worth paying for an extended warranty on a car?
The benefits of an extended warranty The advantages of this are that you gain the peace of mind of being able to cover the cost of certain repairs to your vehicle for the period of the warranty. Your used car could prove to be troublesome, and a warranty is a way to avoid risk. So, do extended car warranties cover air conditioning? They can, but only under the right coverage plan. AC coverage depends on the listed parts, the contract, and the cause of failure. An extended warranty may help reduce the costs of unexpected repairs, especially when major AC components of your car fail.Cons of an Extended Warranty Extended warranties require an upfront payment or are added to your financing, increasing your total cost. If you don’t end up using it, you may feel like you paid for something you didn’t need. Depending on the warranty plan, some repairs may not be included.Instead of buying a bunch of extended warranties that you’ll probably never use, you’re better off self-insuring by paying yourself the warranty payments. That way, if your TV does break after the normal warranty, you have the money saved to fix it. If not, it’s your money to keep. It’s a win-win!Will my car payment decrease if I cancel an extended warranty? If your warranty was included in your financing, your monthly payment will not decrease, but the refund may be applied toward your loan balance.Just like when you negotiate when buying a car, don’t be afraid to negotiate the price of an extended warranty. 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.
How long does a certified pre-owned Mercedes extended warranty last?
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. The typical auto warranty coverage is 3 years/36,000 miles. That means the warranty would cover needed repairs in the first three years you own your car or for the first 36,000 miles you drive it, whichever comes first. And for most of us, the mileage limit comes first.BMW’s warranty coverage is competitive. It includes four years and 50,000 miles of bumper-to-bumper and powertrain coverage, which matches the warranties offered by Audi and Mercedes-Benz. BMW’s additional three years or 36,000 miles of complimentary scheduled maintenance is what really sets its package apart.Transmissions are warranted for 24 months or 24,000 miles, whichever comes first, from date of purchase. Engines and long blocks are warranted for 48 months or 50,000 miles (36 months or 36,000 miles for Sprinter), whichever comes first, from date of installation.
Can you negotiate a Mercedes warranty price?
You can absolutely negotiate with the dealership finance manager on the price of the warranty and GAP insurance; dealerships often mark up these products significantly, so there is room to bargain for a better price. 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 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. However, it’s important to balance the cost of coverage against the likelihood that you’ll need it. If you want extra protection against expensive repairs, you may find that a bumper-to-bumper warranty is worth the cost; if you have a newer vehicle or don’t drive much, you may not need one.Bumper-to-bumper warranties: $1,000 to $5,000 On average, an extended auto warranty costs around $1,000 per year of additional bumper-to-bumper coverage. That figure is based on over 500 quotes we’ve collected for over 100 different vehicles, ranging in age from one to five years old.