What is a fair price for an extended warranty?
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. The average AA Extended Warranty price quoted for a Mercedes-Used Vehicle in 2021 was £504*. The lowest price quoted was £277*.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.The New Vehicle Limited Warranty is for 36 months or 36,000 miles, whichever occurs first. Not all components or adjustments carry a 36 month or 36,000 mile warranty.The Mercedes-Benz New Vehicle Limited Extended Warranty goes into effect once the New Vehicle Limited Warranty expires. So, after the first 48 months/50,000 miles of ownership, you can continue on with valuable coverage. Plus, this warranty is 100% refundable if you cancel it before it goes into effect.
How much is a 100,000 mile extended warranty?
Extended warranties for cars over 100,000 miles cost $136 per month or $1,398 per year of coverage on average. 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.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.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.Upfront Cost: Extended warranties can be expensive, and you might never use them. Weighing the cost of the warranty against the potential repair bills is crucial. Limited Coverage: Many warranties have exclusions and may not cover all types of repairs.What Is Not Covered Under an Extended Warranty. Preexisting damage: If your car is already damaged before you buy a warranty, the warranty won’t pay for repairs related to that damage. Normal wear and tear: Damage due to normal wear and tear, such as an alternator breaking down over time, may not be covered.
Can I negotiate the price of an extended warranty?
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. Extended car warranties typically cover malfunctions in a car’s powertrain for a set period beyond the standard warranty. Powertrain extended warranties typically cover the car’s: Engine. Drivetrain components like the transmission, axles, and differential.To cancel your extended car warranty, review your contract for cancellation terms and contact the dealership with a written request. Ensure you keep a copy of all submitted forms and request confirmation of your cancellation.Will an Extended Warranty Cover Engine Repairs? Yes. Powertrain warranties cover the engine and all of its related components, such as the cylinder block, valvetrain, and other internal mechanisms.Most extended warranty repairs must be pre-authorized. That means you bring the car to the shop, the shop diagnoses the issue and files a claim for you and the warranty company pays the shop directly.
Can you cancel your extended warranty and get your money back?
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. If your warranty is an insurance policy and you must cancel well before it expires, you can get a portion refunded. If it’s a service contract, no refunds are generally available after 30 days.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.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 .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 vehicle.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.