3-year Prepaid Maintenance and 2-year extended warranty
Thread Starter
Newbie
Joined: Aug 2021
Posts: 5
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Mercedes C300
3-year Prepaid Maintenance and 2-year extended warranty
Hello
My lease on C-300 ended and I decided to buy it out. The dealer convinced me saying the best deal is to buy certified pre-owned warranty, for which they charged me ~1650. On top of that, I bought 2 year extended warranty for 3200 (this is after extreme haggling, the original quotes were close to 4K)
For prepaid maintenance, I paid $2150 for 3-years (Again, quoted rate was significantly higher ~2800)
The total current miles on my car is 12.5k only.
Have I been ripped off ? I am thinking to cancel the extended warranty as I believe it is refundable and purchase it from some other dealer. I don’t know what options I have for PPM.
what do you guys think? Btw, I am based in the Bay Area
Thank you
My lease on C-300 ended and I decided to buy it out. The dealer convinced me saying the best deal is to buy certified pre-owned warranty, for which they charged me ~1650. On top of that, I bought 2 year extended warranty for 3200 (this is after extreme haggling, the original quotes were close to 4K)
For prepaid maintenance, I paid $2150 for 3-years (Again, quoted rate was significantly higher ~2800)
The total current miles on my car is 12.5k only.
Have I been ripped off ? I am thinking to cancel the extended warranty as I believe it is refundable and purchase it from some other dealer. I don’t know what options I have for PPM.
what do you guys think? Btw, I am based in the Bay Area
Thank you
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Joined: Apr 2021
Posts: 1,568
Likes: 475
From: Scottsdale, Arizona
2001 E55AMG
Hello
My lease on C-300 ended and I decided to buy it out. The dealer convinced me saying the best deal is to buy certified pre-owned warranty, for which they charged me ~1650. On top of that, I bought 2 year extended warranty for 3200 (this is after extreme haggling, the original quotes were close to 4K)
For prepaid maintenance, I paid $2150 for 3-years (Again, quoted rate was significantly higher ~2800)
The total current miles on my car is 12.5k only.
Have I been ripped off ? I am thinking to cancel the extended warranty as I believe it is refundable and purchase it from some other dealer. I don’t know what options I have for PPM.
what do you guys think? Btw, I am based in the Bay Area
Thank you
My lease on C-300 ended and I decided to buy it out. The dealer convinced me saying the best deal is to buy certified pre-owned warranty, for which they charged me ~1650. On top of that, I bought 2 year extended warranty for 3200 (this is after extreme haggling, the original quotes were close to 4K)
For prepaid maintenance, I paid $2150 for 3-years (Again, quoted rate was significantly higher ~2800)
The total current miles on my car is 12.5k only.
Have I been ripped off ? I am thinking to cancel the extended warranty as I believe it is refundable and purchase it from some other dealer. I don’t know what options I have for PPM.
what do you guys think? Btw, I am based in the Bay Area
Thank you
You can unwind your extended warranty deal, they're obviously not going to want to since it was probably rolled into your financing but is 100% illegal for them to deny. Text or Call me at (602) 909-9216 if you want to know more information on how extended warranty companies/dealers work, or if you want a quote and example contract to compare price and coverage, you can send me an email tgibson@highline-autos.com
Thread Starter
Newbie
Joined: Aug 2021
Posts: 5
Likes: 0
Mercedes C300
Thanks for the response. I didn't understand the $2800 number that you mentioned. I could only knock-off $800 (4000-3200 for 2-year extended warranty) + $700 (2800-2150 for PPM) ~ $1500. On top of this, they did charge me $1650 to CPO my vehicle. In total, I paid ~$7000 for 3-years of PPM and 1 year CPO + 2 year limited warranty. Is this still in reasonable range?
