When did Mercedes change to a 5 year warranty?
Mercedes-Benz new and demonstrator vehicles first registered on or after 1 March 2020 receive a 5 year Warranty period. If you purchased a Mercedes-Benz prior to 1 March 2020, you will have a 3 year warranty. We can extend car warranty coverage on selected Mercedes-Benz vehicles for an additional three years. Now with unlimited peace of mind. 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.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.There are some similarities between the two brands, but once again, BMW comes out on top. BMW and Mercedes-Benz both offer 4 years and 50,000 miles of coverage with their new vehicle warranties, but those who opt for a BMW will also be able to enjoy BMW Ultimate Care standard for the first 3 years or 36,000 miles.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.New Mercedes vehicles typically have a 3 to 5 year manufacturer warranty from Mercedes-Benz.
Is a Mercedes extended warranty worth the cost?
New and Pre-Owned Extended Warranties An extended warranty may not be worth the cost if you’re planning on switching your vehicle within 10 years, since many modern vehicles are highly reliable. If you do plan on keeping the vehicle for 10+ years, then an extended warranty is certainly recommended. 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.Extended warranties offer protection beyond the standard warranty. The likelihood of needing an extended warranty is low, especially if the product is durable and reliable. The cost of an extended warranty may be more than the cost of repair or replacement of the product.Extended warranties typically cover mechanical and electrical failures that occur due to defects in materials or workmanship. However, they usually do not cover damage caused by external factors or unforeseen events.Failure to Perform Regular Maintenance: One of the primary reasons for an extended warranty void is the failure to follow the manufacturer’s recommended maintenance schedule. Regular maintenance, such as oil changes, filter replacements, and scheduled inspections.
What is the rule of thumb for extended warranty?
An extended warranty price represents a percentage of the total product cost. As a general rule of thumb, you shouldn’t spend more than 30% of the product cost on a product warranty. 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.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.No matter the exact type, extended warranties are an investment in peace of mind that limits financial risk for a set period of time. But beware: Past CR member surveys showed that car owners typically paid more for the coverage than they got back in direct benefits.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%.
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. Common Reasons an Extended Warranty Claim is Denied The most common reason warranty claims are denied is that whatever is broken is not covered. Every warranty comes with a list of what is, and is not covered, so it’s important that you understand what’s going on before filing a claim.Additionally, you can purchase Mercedes-Benz Extended Limited Warranty coverage at any time prior to the expiration of your original New Vehicle Limited 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.Extended car warranties often cover more than just air conditioners and transmissions. Depending on the provider and plan, coverage may include components like infotainment systems, select hybrid drivetrain parts, ADAS sensors, and smart electronics.