Mercedes Extended Warranty
**** Gleason
From what dealer (in Chicago) did you get your '03 coupe? Mine is on order from MB of Chicago (downtown on Clark) and they said they haven't recieved any '03's yet (as of a few weeks ago) and that mine was in their first batch, due at the end of the month or early Sept.
Just curious?
At any rate, they offer these warranties because they make money on them, but if it will give you peace of mind, it might be worth it.
Personally, I'm looking forward to the end of my warranty; that'll be my sign to start to mod the he11 out of it. Only 3 years, one month to go.
What is the cost and is it a factory warranty?
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It is a Factory Warranty and a dealership in California is selling a "Premium" 3 year, 100K Warranty for $1690.00.
Did they get into the fine print on this 7/100 warranty, i.e. is it transferable to a next owner, is there a deductable after the standard 4/50, does it only cover powertrain or everything, etc...
I got mine from Naperville MB. They had something like 12 cars and only 2 were '02. Also Motorwerks in Barrington had 6, Loeber had like 8. Your dealer is pretty pathetic if he didn't have any. Probably means they are low volume and on the crap end of the allocation list.
I suggest you take a spin into the burbs. I'm loving mine! Funny thing is I came off a 1998 M3 and the only thing I miss is the stick shift. The car's plenty fine for 90% of driving (I guess I also miss the 10% of driving at 2am on i355 ~130mph) and I love all the toys and extra roominess.
Anyhow, hope you have some good luck. BTW Naperville has a 2003 Pewter, C5, C7 and a bunch of other goodies that is due to arrive in 1-2 weeks. I'd have bought that one but needed something sooner.
Peet
I bought mine for 1100 bucks, my car was a Certified Starmak, therefore they give you one year extended, all I did was buy two more, for a total of three, it is ovbious that the first year is included on the sale price, but it helps for the piece of mind.
So if you paid $1,100.00 to extend for two additional years, and if the price per year is actually $550.00, the total cost for three years would be something like $1,650.00. I don't know when you actually purchased your car, but assuming some increase in price, it seems the $1,690.00 I was quoted is on target.
DO keep in mind it's really just a 50,000 mile warranty. The first 50K is included in the price of the car.
Last edited by MB-BOB; Aug 22, 2002 at 04:10 PM.
DO keep in mind it's really just a 50,000 mile warranty. The first 50K is included in the price of the car.
ALSO - if you're not going to keep the car past 4 yrs or 50k miles, don't bother with the extended warranty...it adds $0 to your resale value !
ALSO - if you're not going to keep the car past 4 yrs or 50k miles, don't bother with the extended warranty...it adds $0 to your resale value !
That argument is only true when you trade it in or sell it to a car dealer since they can't pass it along.
I am not criticizing. It is a sincere question. I am starting to wonder if I should consider it. But it seems like an awful lot of money to drop.
Plus I plan to find a good non-dealer mechanic. I have not been satisfied with dealer work in general-- that is especially true for the MB dealership I deal with. They're nice enough, but I am sick of bringing the car in 5 times for the same damned problem!
I don't agree with that, it adds some value and secirity to the car if you try to sell it to an individual.
That argument is only true when you trade it in or sell it to a car dealer since they can't pass it along.
Kompress, take the $1600 and make a wise liquid investment. Broken part insurance isn't one of them. Then if something does break, you've got at least $1600 plus interest to put towards the repair. If nothing breaks, you've still got your $1600+. Check out the quote in my sig...
I don't agree with that, it adds some value and secirity to the car if you try to sell it to an individual.
That argument is only true when you trade it in or sell it to a car dealer since they can't pass it along.
adds security yes...but does not add any $$$ to the resale value.
If I was looking at 2 used cars the same price, one with ext warr and one without, sure I'd buy it WITH the warr. BUT if the car with the ext warr was $1000 more I wouldn't buy it.


