Get extended warranty on the C43 or buy a new car !?
#51
Super Member
they dont sell Extended warranty to save you money, they sell them to make more money.
"Extended warranties or service contracts are a bad deal. Most products don’t break during the time covered by them" *
"Moreover, the typical cost of repair is on average not much more than the cost of the contract" *
* https://www.consumerreports.org/cro/...tion/index.htm
"Extended warranties or service contracts are a bad deal. Most products don’t break during the time covered by them" *
"Moreover, the typical cost of repair is on average not much more than the cost of the contract" *
* https://www.consumerreports.org/cro/...tion/index.htm
#52
If it's not too late - back to the OP...
1. There is NO 4yr "added" Mercedes Warranty, and there is NO $5,000 Mercedes Warranty for C43C:
a. - if OP purchased as a New Car - then Mercedes "ELW (term for Extended New Car Warranty) maximum extension would be 3yrs to 100,000 miles for MSRP $4000 - less term or less total miles
would be max $3K.
b. if OP purchased CPO - then max CPO extension would be 2yrs Unlimited Mileage for MSRP $2,800
2. So from what has been presented OP most likely purchased this C43C from a non-MB dealer - with the remaining balance of the Mercedes New Car Warranty expiring at 50K miles or in April 2021 - whichever comes first - and I say that in case OP doesn't know that
3. If OP is intended for existing warranty to expire by time - April 2021 - then he/she must have low mileage
4. Shopping and pricing a non-MB aftermarket warranty can get intense - and to find out if a particular "brand" after market warranty is of any value - or not - is to talk to a MB Service department that has experience with the approval/claim procedure for that same brand aftermarket warranty
Until you can confirm from a MB dealer what a particular "brand" aftermarket warranty "really" covers and doesn't cover - you could be spending the worst investment for $5K - shot in the dark
5. Depending on the intended "total miles I plan to drive" is put on the table - your future Maintenance Costs and future "repair risk" is also a shot in the dark
Yes - we have forum members who value their forum membership by Verbosity - that are impressed by themselves the more they talk on-and-on-and-on - those same members seem to be ignorant on actually trying to help the OP with a OP's genuine inquiry.
1. There is NO 4yr "added" Mercedes Warranty, and there is NO $5,000 Mercedes Warranty for C43C:
a. - if OP purchased as a New Car - then Mercedes "ELW (term for Extended New Car Warranty) maximum extension would be 3yrs to 100,000 miles for MSRP $4000 - less term or less total miles
would be max $3K.
b. if OP purchased CPO - then max CPO extension would be 2yrs Unlimited Mileage for MSRP $2,800
2. So from what has been presented OP most likely purchased this C43C from a non-MB dealer - with the remaining balance of the Mercedes New Car Warranty expiring at 50K miles or in April 2021 - whichever comes first - and I say that in case OP doesn't know that
3. If OP is intended for existing warranty to expire by time - April 2021 - then he/she must have low mileage
4. Shopping and pricing a non-MB aftermarket warranty can get intense - and to find out if a particular "brand" after market warranty is of any value - or not - is to talk to a MB Service department that has experience with the approval/claim procedure for that same brand aftermarket warranty
Until you can confirm from a MB dealer what a particular "brand" aftermarket warranty "really" covers and doesn't cover - you could be spending the worst investment for $5K - shot in the dark
5. Depending on the intended "total miles I plan to drive" is put on the table - your future Maintenance Costs and future "repair risk" is also a shot in the dark
Yes - we have forum members who value their forum membership by Verbosity - that are impressed by themselves the more they talk on-and-on-and-on - those same members seem to be ignorant on actually trying to help the OP with a OP's genuine inquiry.
Thanks for your note, I appreciate the thoughts. Your point 4 regarding checking with Mercedes to see what a Non-MB warranty actually covers is something I have considered which is why I rather get a mercedes warranty and not go through that trouble and uncertainty of not knowing what its actually worth.
To answer some of your other points:
1. I bought the car from a Mercedes authorized dealership - I financed the car and had put 2k down
2. The 4 year / 50k factory warranty ends in April 2021
3. I have done 28k miles so far - 3 services, changed brake pads (I believe they were rear) and changed all 4 tires once - took the non run flats out at 17k.
4. I was recently at another Mercedes dealership to get a "auxiliary battery malfunction" fixed - which was covered since the car was still in Warranty. I was told that I have the option to get extended warranty which they quoted was $5k for 4 years after April 2021. I had to let them know anytime before April 2021. They also quoted a 2 and 3 year extended warranty but I don't remember those quotes - I will call them to confirm.
So between now and April 2021, I have the following expenses to consider if I have to keep the car:
1. New tires at about 34k - which could coincide with April 2021 but will probably be sooner.
2. 4th Mercedes service in April 2021
3. Extended warranty in April 2021
Even if I am to get the extended warranty for 3 years which you said was $4k it still seems too much. If I could sell my car I could buy a new Mercedes (similar price range) and have similar monthly payments to what I am paying now.
#53
If you enjoy your current car, you can get a MB Extended Warranty for either 3/75K or 3/100K for half of that $5K. You just have to do the leg work. Go to the warranty forum. Find the finance directors who typically offer the best prices, either email them or call them. I just did this and was quoted half of what my local MB dealership was offering on a 3 year 75K mile MB Extended Warranty.
Thanks. Are these Non-MB warranties? My concern is whether these cover everything and if a dealership will fully honor them. Did you check with Mercedes before you got a Non-MB warranty?
#54
Thanks, there are always some clowns. To me it does sound like one of the best cars - better than 63's which tend to be deeper but this V6 is just angry. I like the sound of this V6 more, it reminds me of the Stelvio Quads engine - just plain angry.
#55
Going back to OP's question: it really depends. If you are financially stable and can trust independent techs, and you've owned it for a while without problems you can probably skip the warranty. it's all subjective though. I don't know much about AMG but some BMWs (even non M) are a total money pit. I still have nightmares of my E92.
So far its been trouble free - but for a small aux battery malfunction. If I could keep this car without paying for extended warranty, I would. But like you said, I've heard too many nightmarish long term Mercedes/BMW ownership stories and everyone I have spoke with recommended keeping the car in warranty
#56
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Join Date: Mar 2018
Location: Overland Park, KS
Posts: 68
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2013 SL550 Edition 1 and 2017 GLS 550
Doug DeMuro on his Mercedes E-63 wagon. At 7:27, he tells you his experiences with the extended warranty.
I have a 2015 GL-550 with 64k miles. It was a CPO car and I also purchased a two year Mercedes unlimited mile warranty for $3,750. The original CPO warranty expired last November and I thought long and hard about keeping the extended or getting 100% of my money back and taking my chances on repairs. I opted to keep the extended warranty for peace of mind, even though I wondered if I'd ever have $3,750 worth of repairs in the next two years!
So, in April, 2020, I had it in for another small issue and the Mercedes dealer noted a leak on the front axle boot. I wasn't worried because I had the extended warranty. Guess what? Just like Doug Demuro's MB extended warranty, I was told that this was a 'normal wear and tear' item and not covered. $1,007.42!!
Now, would this have been covered under the CPO warranty? I don't know and didn't ask.
At the end of the day, aren't all items 'wear and tear?'
Personally, I'm skeptical about this extended warranty and doubt that I'd purchase another one. We'll see if there are any more repairs that MB says are 'wear and tear' and not covered!
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AMGiggity (06-27-2020)
#58
MBWorld Fanatic!
https://www.youtube.com/watch?v=mrocl0bmPb4&t=455s
Doug DeMuro on his Mercedes E-63 wagon. At 7:27, he tells you his experiences with the extended warranty.
I have a 2015 GL-550 with 64k miles. It was a CPO car and I also purchased a two year Mercedes unlimited mile warranty for $3,750. The original CPO warranty expired last November and I thought long and hard about keeping the extended or getting 100% of my money back and taking my chances on repairs. I opted to keep the extended warranty for peace of mind, even though I wondered if I'd ever have $3,750 worth of repairs in the next two years!
So, in April, 2020, I had it in for another small issue and the Mercedes dealer noted a leak on the front axle boot. I wasn't worried because I had the extended warranty. Guess what? Just like Doug Demuro's MB extended warranty, I was told that this was a 'normal wear and tear' item and not covered. $1,007.42!!
Now, would this have been covered under the CPO warranty? I don't know and didn't ask.
At the end of the day, aren't all items 'wear and tear?'
Personally, I'm skeptical about this extended warranty and doubt that I'd purchase another one. We'll see if there are any more repairs that MB says are 'wear and tear' and not covered!
Doug DeMuro on his Mercedes E-63 wagon. At 7:27, he tells you his experiences with the extended warranty.
I have a 2015 GL-550 with 64k miles. It was a CPO car and I also purchased a two year Mercedes unlimited mile warranty for $3,750. The original CPO warranty expired last November and I thought long and hard about keeping the extended or getting 100% of my money back and taking my chances on repairs. I opted to keep the extended warranty for peace of mind, even though I wondered if I'd ever have $3,750 worth of repairs in the next two years!
So, in April, 2020, I had it in for another small issue and the Mercedes dealer noted a leak on the front axle boot. I wasn't worried because I had the extended warranty. Guess what? Just like Doug Demuro's MB extended warranty, I was told that this was a 'normal wear and tear' item and not covered. $1,007.42!!
Now, would this have been covered under the CPO warranty? I don't know and didn't ask.
At the end of the day, aren't all items 'wear and tear?'
Personally, I'm skeptical about this extended warranty and doubt that I'd purchase another one. We'll see if there are any more repairs that MB says are 'wear and tear' and not covered!
Axle boots are definitely wear items just like brake rotors. For most people they rarely fail but if you make a habit of tearing up gravel roads...guess what you might need to replace them eventually.
#59
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Join Date: Mar 2018
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2013 SL550 Edition 1 and 2017 GLS 550
Well, I appreciate that news. I’ve never been on gravel roads, but I do understand that things do break. Now, I’m just not sure that I should’ve cash the extended warranty in and take my chances on anything major happening from now until November, 2021.
#60
MBWorld Fanatic!
Thanks for your note, I appreciate the thoughts. Your point 4 regarding checking with Mercedes to see what a Non-MB warranty actually covers is something I have considered which is why I rather get a mercedes warranty and not go through that trouble and uncertainty of not knowing what its actually worth.
To answer some of your other points:
1. I bought the car from a Mercedes authorized dealership - I financed the car and had put 2k down
2. The 4 year / 50k factory warranty ends in April 2021
3. I have done 28k miles so far - 3 services, changed brake pads (I believe they were rear) and changed all 4 tires once - took the non run flats out at 17k.
4. I was recently at another Mercedes dealership to get a "auxiliary battery malfunction" fixed - which was covered since the car was still in Warranty. I was told that I have the option to get extended warranty which they quoted was $5k for 4 years after April 2021. I had to let them know anytime before April 2021. They also quoted a 2 and 3 year extended warranty but I don't remember those quotes - I will call them to confirm.
So between now and April 2021, I have the following expenses to consider if I have to keep the car:
1. New tires at about 34k - which could coincide with April 2021 but will probably be sooner.
2. 4th Mercedes service in April 2021
3. Extended warranty in April 2021
Even if I am to get the extended warranty for 3 years which you said was $4k it still seems too much. If I could sell my car I could buy a new Mercedes (similar price range) and have similar monthly payments to what I am paying now.
To answer some of your other points:
1. I bought the car from a Mercedes authorized dealership - I financed the car and had put 2k down
2. The 4 year / 50k factory warranty ends in April 2021
3. I have done 28k miles so far - 3 services, changed brake pads (I believe they were rear) and changed all 4 tires once - took the non run flats out at 17k.
4. I was recently at another Mercedes dealership to get a "auxiliary battery malfunction" fixed - which was covered since the car was still in Warranty. I was told that I have the option to get extended warranty which they quoted was $5k for 4 years after April 2021. I had to let them know anytime before April 2021. They also quoted a 2 and 3 year extended warranty but I don't remember those quotes - I will call them to confirm.
So between now and April 2021, I have the following expenses to consider if I have to keep the car:
1. New tires at about 34k - which could coincide with April 2021 but will probably be sooner.
2. 4th Mercedes service in April 2021
3. Extended warranty in April 2021
Even if I am to get the extended warranty for 3 years which you said was $4k it still seems too much. If I could sell my car I could buy a new Mercedes (similar price range) and have similar monthly payments to what I am paying now.
Have you shopped in trade in appraisals yet? I think you will be surprised how low they will be. Expect well under $40k for the most generous offer for a very well optioned vehicle. In reality, they are likely going to offer between $30-35k in trade. So for a new vehicle you should expect to finance or pay out of pocket between $25-37k depending on negotiating skill and dealership's aggressiveness in pursuing the sale.
From a purely economic perspective, you will rarely ever be better off trading in a luxury car after 4 years of ownership vs holding it for 6-8 years. You have just passed the steepest portion of the depreciation curve for the car. It is now depreciating at a much lower rate. If you like to replace your cars every 4 years you should be leasing them not buying them.
#61
Member
#62
Member
https://www.youtube.com/watch?v=mrocl0bmPb4&t=455s
Doug DeMuro on his Mercedes E-63 wagon. At 7:27, he tells you his experiences with the extended warranty.
I have a 2015 GL-550 with 64k miles. It was a CPO car and I also purchased a two year Mercedes unlimited mile warranty for $3,750. The original CPO warranty expired last November and I thought long and hard about keeping the extended or getting 100% of my money back and taking my chances on repairs. I opted to keep the extended warranty for peace of mind, even though I wondered if I'd ever have $3,750 worth of repairs in the next two years!
So, in April, 2020, I had it in for another small issue and the Mercedes dealer noted a leak on the front axle boot. I wasn't worried because I had the extended warranty. Guess what? Just like Doug Demuro's MB extended warranty, I was told that this was a 'normal wear and tear' item and not covered. $1,007.42!!
Now, would this have been covered under the CPO warranty? I don't know and didn't ask.
At the end of the day, aren't all items 'wear and tear?'
Personally, I'm skeptical about this extended warranty and doubt that I'd purchase another one. We'll see if there are any more repairs that MB says are 'wear and tear' and not covered!
Doug DeMuro on his Mercedes E-63 wagon. At 7:27, he tells you his experiences with the extended warranty.
I have a 2015 GL-550 with 64k miles. It was a CPO car and I also purchased a two year Mercedes unlimited mile warranty for $3,750. The original CPO warranty expired last November and I thought long and hard about keeping the extended or getting 100% of my money back and taking my chances on repairs. I opted to keep the extended warranty for peace of mind, even though I wondered if I'd ever have $3,750 worth of repairs in the next two years!
So, in April, 2020, I had it in for another small issue and the Mercedes dealer noted a leak on the front axle boot. I wasn't worried because I had the extended warranty. Guess what? Just like Doug Demuro's MB extended warranty, I was told that this was a 'normal wear and tear' item and not covered. $1,007.42!!
Now, would this have been covered under the CPO warranty? I don't know and didn't ask.
At the end of the day, aren't all items 'wear and tear?'
Personally, I'm skeptical about this extended warranty and doubt that I'd purchase another one. We'll see if there are any more repairs that MB says are 'wear and tear' and not covered!
Doug DeMuro’s experience is exactly as expected for anybody who A. Read the CPO warranty (re: covered parts), B. Knows how warranty’s work (re: damage from improper installation of windshield), and C. When operating off the fact that the service records reflect warranty coverage (and payment) on certain items he said were not covered.
I’ve been meaning to get that off my chest since watching the video, so this is more of a general remark because two people posted the video! Lol
Last edited by cjaredscott; 07-06-2020 at 10:46 AM.