Is extended warranty a ripoff?
If you’ve recently bought a new car with a manufacturer’s warranty, buying an extended warranty could be a waste of money because the manufacturer’s warranty usually takes care of most car repairs for the first few years. Also, extended warranties don’t cover everything. Every extended warranty product has a ‘flat cancel’ period detailed in the contract. If you opt to cancel the extended warranty within the flat cancellation period, you will get a FULL refund. Typically, the extended warranty flat cancellation period is 30 to 60 days after the date of purchase.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.If you are suffering from a case of buyer’s remorse, most providers allow you to cancel an extended car warranty. Then, depending on the warranty company and the warranty plan, you may also be eligible for a full or partial refund for the prorated amount of any unused time or mileage of your contract.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.Can I cancel this plan? 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.
Can I buy an extended warranty later?
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. 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.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.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.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!
Does the Mercedes warranty include a breakdown cover?
Comprehensive Roadside Assistance comes free-of-charge for 3 years with any new Mercedes-Benz or 1 year with all Approved Used cars. To maintain Roadside Assistance cover after the first 3 years, simply service your car at an official Mercedes-Benz Retailer. This new Mercedes-Benz warranty coverage spans many areas, including powertrain, corrosion perforation, and roadside assistance. Here’s a list of what’s not covered under the Mercedes-Benz warranty: Brake pads. Wheel alignment and balancing.Quick, Comprehensive and Competitively Priced Repairs Every new Mercedes-Benz comes with a comprehensive three-year warranty, so in the unfortunate case that you experience any manufacturing faults within this period, we’ll sort them out free* of charge.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.Afterwards, the standard Mercedes-Benz Star Certified Pre-Owned Warranty term provides protection for up to another 2 years or a total of 120,000 accumulated kilometres. It is included on every qualified Certified Pre-Owned vehicle and covers your powertrain and major components.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.
Do I really need 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. A manufacturer’s warranty generally covers manufacturer defects or failures for a period of time after purchase and is automatically included when you purchase the vehicle. Extended warranties are an optional add-on product that covers defects or failures that are not covered by the manufacturers’ warranty.An extended car warranty may help cover the cost of certain repairs to your vehicle when the manufacturer’s warranty expires, but they’re not for everyone. While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong.Make sure you understand which parts are covered and for how long before you buy an extended warranty. Third parties may also try to sell you an extended warranty, but these often heavily restrict your coverage and service options. And remember, you may be better off purchasing similar coverage through your insurer.While the primary repair costs are typically covered, extended warranties may not cover secondary damages or losses resulting from engine failure.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.
Is Mercedes certified pre owned extended warranty?
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. 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.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.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.When you purchase a new Mercedes-Benz, you are protected against defects in materials or workmanship that originated at the factory. This basic comprehensive warranty starts on the sale date of the new vehicle, and lasts for 4 years or 50,000 miles, whichever occurs first.
What does the Mercedes warranty not cover?
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 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. Discover how staying on top of these basics keeps your Mercedes running smoothly.Failure to follow instructions contained in the vehicle’s operating manual or maintenance booklets, or from your Authorised Mercedes-Benz Dealer, Garage or Repairer. Failure to have the vehicle maintained and serviced correctly as set out in the maintenance booklet. Incorrect repairs by an unauthorised garage.