Is an extended warranty worth it in India?
An extended warranty is a shield that can save you from unexpected repair expenses, especially as your vehicle ages. It can save you thousands making your investment worthwhile even if it seems a non-essential spend. Check your driving habits, and budget to make your final decision. If you are looking to trade-in or sell the car you currently own before the extended warranty has expired, then don’t worry you are able to get a pro-rated refund for the amount of that unused warranty if you have purchased a refundable warranty.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.Absolutely, We consider this plan “No risk” which means that you have the option to cancel your coverage at any time and receive money back. If you have used the extended warranty you will need to speak with your dealer for information about refund policy.If you want to check the status of extended warranty coverage, you’ll need to contact the provider to get information about expiration. If you get your extended coverage from the manufacturer, this could be a local dealership.
Can I buy a Mercedes extended warranty after purchase?
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. 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.More great protection. 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. Put your trust in us.Extended warranty costs depend largely on what the service provider offers. The world’s your oyster when comparing third-party warranty providers. Comparing extended warranties and gleaning information from the guide above will give you a clear idea. This is possibly the best way to calculate extended warranty costs.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.Extended car warranties typically don’t cover damage from accidents (you’ll need car insurance for that) or wear and tear. They only cover what’s specified in the warranty. You may even need to purchase separate extended warranties for different parts, depending on what you want coverage for.
Can I get a refund on my Mercedes extended warranty?
Honored at more than 350 authorized Mercedes-Benz dealerships. New Vehicle Warranty. Access to the latest in diagnostics. The Mercedes-Benz Extended Limited Warranty Agreement may be canceled for a full refund at any time prior to the expiration of the New Vehicle Limited Warranty and the effective date of this Agreement, if a written request for cancellation is submitted using the Cancellation form that can be obtained from the selling .Every Mercedes-Benz Approved Used car for sale comes with a guarantee of at least 12 months’ comprehensive unlimited mileage warranty.Most Reliable Mercedes Models Past 100,000 Miles. Several Mercedes-Benz models are known for lasting well over 100,000 miles. They are great for long-term ownership. Mercedes is famous for luxury and performance, but some models stand out for their durability.Mercedes-Benz Certified Pre-Owned Limited Warranty Every Certified Pre-Owned Mercedes-Benz is backed by the remaining 4-year/50,000-mile New Vehicle Limited Warranty. Once that expires, the CPO Limited Warranty goes into effect, providing an additional 12-months of coverage with unlimited miles.
Is it a good idea to buy an extended warranty?
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. The Mercedes-Benz New Vehicle Limited warranty on the intake line assembly is extended to 15 years/150,000 miles (whichever occurs first) from the vehicle’s warranty start date. This extension of the Mercedes-Benz New Vehicle Limited Warranty applies to these vehicles regardless of ownership.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.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.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 are the disadvantages of an extended warranty?
On the other hand, extended warranties can be expensive and often include coverage limitations and exclusions that may not be immediately apparent. Additionally, not all repairs may be covered, and there can be disputes over what constitutes ‘normal wear and tear’ versus a covered repair. 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.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.Is it worth getting a BMW Extended Warranty? Almost always, yes. 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.Is Your Vehicle Unreliable? An extended warranty is worth your time if your car isn’t extremely reliable and you wouldn’t necessarily be able to pay for major repairs right now. If you purchase a used car from a dealer, an extended warranty could be the right choice if you’re uncertain about a vehicle’s reliability.Based on average repair costs and reliability ratings, a Mercedes extended warranty is a good investment. The J. D. Power 2025 U. S. Vehicle Dependability Study ranks the brand 23rd out of 30 automakers. Similarly, RepairPal ranks it 27th and notes that repairs and maintenance cost drivers $908 per year on average.
What is covered by 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. Why Doesn’t My Warranty Cover Regular Maintenance? Mercedes-Benz takes pride in crafting vehicles designed for enduring performance. Yet, routine maintenance, such as oil changes and brake pad replacements, falls outside the warranty umbrella.Extended warranties don’t cover regular wear and tear but instead cover unexpected component failure. A manufacturer’s recommended maintenance schedule must be followed in order to keep extended warranty coverage active, so if the timing belt is replaced on schedule, it should never fail due to regular wear and tear.Wear and tear on parts like brakes, tires, and batteries is not covered by extended warranties. Warranties often don’t cover parts that wear out over time. This means you’ll have to pay for regular maintenance, which can cost over $10,000 a year.Warranty policies tend not to include consumable or “wear and tear” items such as tyres, batteries, windscreen wipers, brakes and clutches. Therefore, it is likely that you will have to pay for the replacement of these if they fail because they have worn.
Is the 5 year extended warranty worth it?
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. 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.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.All About Extended Warranties The initial car warranty is built into the cost of a new car. But after your initial car warranty has expired, it’s possible to buy additional coverage in the form of an extended warranty. These are also sometimes called service contracts.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.In addition to longer-lasting coverage, benefits include: Retain a higher market value for your vehicle. If you sell the car, the warranty is transferable. No deductibles.