2020 C300 - should I get an extended warranty?
11-29-2023, 10:43 AM
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C300
2020 C300 - should I get an extended warranty?
I have a 2020 C300. I currently have 10,300 miles on it. I work from home so I don't drive it a lot. There are days at a time that my car sits in my garage. My lease ends in February 2024 - so I am planning to keep my car and finance it until I pay it off. Is it worth it for me to pay $4000 for an extended warranty?
11-30-2023, 02:31 PM
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If you don't, put that $4K away for repairs. With any late model car, Toyota to MB, almost any significant mech or elec failure is going to cost thousands to fix.
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Ron P Baker (12-01-2023)
12-01-2023, 09:05 AM
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So if you decide to pay 4000 $ then you need to add the cost of service A or Service B. For me this is adding to huge annual maintenance fees. I would rather go to Coco Island on a cruise.
12-01-2023, 03:37 PM
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2016 C300 Luxury
It's pretty easy to rack up 4k in repairs. On the other hand, rare few vehicles never have anything that needs repair. I bought CPO at 28k miles and negotiated $1,600 to extend my CPO warranty an additional two years beyond the included CPO extension.
In that time, I only had the Alternate Battery malfunction (that powers the start/stop system) the repair was $750 at the dealership, covered by the extended warranty. So, the warranty expired without using all its value. However, I believe it's worth it because it insures against a very large bill, which isn't as unlikely as it should be.
In that time, I only had the Alternate Battery malfunction (that powers the start/stop system) the repair was $750 at the dealership, covered by the extended warranty. So, the warranty expired without using all its value. However, I believe it's worth it because it insures against a very large bill, which isn't as unlikely as it should be.
