How to calculate extended warranty price?
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. 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.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.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.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.
Can I buy an extended warranty directly from the manufacturer?
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. 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.While the primary repair costs are typically covered, extended warranties may not cover secondary damages or losses resulting from engine failure.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.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.
Can I buy a Mercedes extended warranty after purchase?
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. Yes, an extended car warranty on a used car can be transferred if you sell the vehicle. This is excellent news for anyone considering selling their used car. An extended warranty gives extra protection and peace of mind to both the buyer and seller.Mercedes-Benz Extended Limited Warranty No deductibles for covered repairs. Factory-trained Mercedes-Benz technicians using the latest tools and diagnostic equipment. Coverage honored at over 350+ authorized Mercedes-Benz dealerships nationwide.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.The Mercedes-Benz Certified Pre-Owned program provides additional assurance beyond its thorough vetting process. Some of the benefits these models enjoy include: Comprehensive Warranty – The balance of the original New Vehicle Limited Warranty applies, along with an additional 1-year/unlimited-mile warranty.
Is it worth getting a Mercedes extended warranty?
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. They typically don’t cover damage that may occur in an accident or normal wear and tear to the vehicle. An auto service contract or extended warranty is not a warranty as defined by federal law, because you buy it separately; it’s not included when you buy a car.An extended auto warranty can provide a lot of benefits, including peace of mind, protection from surprise repair bills and even secondary benefits like roadside assistance. But it also comes with drawbacks. These may include difficulty canceling and the possibility that you won’t ever use the coverage.The best way to buy an extended car warranty is through either a third-party provider or the dealership where you purchased the vehicle. Extended warranties can cost anywhere from $372 to over $2,000 per year, depending on your coverage level and vehicle, with an average annual price of $977, according to our research.Extended Warranty AC Coverage: Factory and extended warranties both offer protection for your car’s air conditioning system, but they differ in how much they cover and for how long. Understanding the differences helps you decide whether to rely on the original warranty or consider an extended plan.Car batteries are considered wear & tear items, like tires, brake pads and motor oil, so they are not typically covered by extended warranties. However, batteries do typically come with their own warranty coverage.
Can I get a refund on my Mercedes extended warranty?
Mercedes-Benz Extended Warranty Protections Honored at more than 350 authorized Mercedes-Benz dealerships. New Vehicle Warranty. 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.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.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.
What is the warranty on a used Mercedes-Benz?
Every Mercedes-Benz Approved Used car for sale comes with a guarantee of at least 12 months’ comprehensive unlimited mileage warranty. A good mileage range for a pre-owned Mercedes is normally between 60,000 km and 120,000 km. However, it is not a standard and rather depends on the condition under which it was kept, how the driving habits have been, and also on the clean service history.Mercedes-Benz engines benefit from advanced engineering, high-quality materials, and rigorous testing. For example, the OM617 diesel engine and the M113 V8 engine are legendary for their reliability, with many owners reporting mileages well beyond 500,000 miles (800,000 kilometers).When properly maintained, a Mercedes-Benz can easily last well beyond 200,000 miles, and some models have even been known to reach 300,000 miles or more. The longevity of a Mercedes-Benz depends on a variety of factors, including regular maintenance, driving habits, and the specific model.Today, experts say a Mercedes with 150,000 to 200,000 miles is high-mileage. But it doesn’t mean it’s time to say goodbye. With the right care and scheduled maintenance, these cars can keep going strong for years.