Extended Warranty Recomendations
08-07-2007, 12:37 PM
#1
Newbie
Thread Starter
Join Date: Aug 2007
Posts: 3
Likes: 0
Received 0 Likes
on
0 Posts
2004 CLK Cabriolet
Extended Warranty Recomendations
Does anyone have any recomendations on extended warranties?
What companies are the best to go with?
What companies are the best to go with?
Last edited by sah3874; 08-07-2007 at 12:39 PM.
08-07-2007, 12:56 PM
#2
Super Member
Join Date: Aug 2004
Location: Haleiwa on my mind
Posts: 594
Likes: 0
Received 3 Likes
on
3 Posts
355 F1 Spider & ......V12 w220.176
If you are in warranty, give this guy a call.....
chryslerservicecontracts.com- michael 866-278-8823
Tell him LetsJet from MBworld sent you and he should work you up a very gd deal. I make no money from this, he just helped me when I needed an ext. contract. This is with Chrysler so it's as close to a manufacturers warranty as you can get, IMO.......... Get Max Care...
Good luck and report back
chryslerservicecontracts.com- michael 866-278-8823
Tell him LetsJet from MBworld sent you and he should work you up a very gd deal. I make no money from this, he just helped me when I needed an ext. contract. This is with Chrysler so it's as close to a manufacturers warranty as you can get, IMO.......... Get Max Care...
Good luck and report back
08-08-2007, 12:19 AM
#3
Newbie
Join Date: Jun 2007
Location: Scottsdale, AZ
Posts: 21
Likes: 0
Received 0 Likes
on
0 Posts
2004 CLK 500 Cabriolet
You could also talk with Continental Warranty, ask for Don Chase at 888-244-0925, ext. 2620. I did a "Comprehensive Plan" with these folks and it's as close to a MB new car warranty as you can get. They were very straight to deal with, no BS. They were also recommended by several others in this forum and other MB online sites.
I checked them out with the SA at my local MB dealer who had good words about them. Their pricing is competitive for this kind of package.
Good luck.
I checked them out with the SA at my local MB dealer who had good words about them. Their pricing is competitive for this kind of package.
Good luck.
09-04-2007, 10:07 AM
#4
Newbie
Join Date: Sep 2007
Posts: 1
Likes: 0
Received 0 Likes
on
0 Posts
2005 CLK 500
Use Caution
I purchased a warranty for my Lexus from Warranty Gold.
Thay went bankrupt. The reinsurrer was incorporated in the Cayman Islands and all the money to pay claims vanished.
No coverage. The price of the warranty was a total loss.
This is from another web page:
Warranty Gold has defaulted on all contracts written before June, 2003, due to the bankruptcy filing of their administrator, National Warranty Insurance Company. This failure to pay for claims is a breech of contract, and failure to render services as agreed to in the contracts. They also have claimed that all funds are insured to protect policyholders, while claiming they don't have the funds to pay for claims.
Even after diagnosis by an approved repair facility, Warranty Gold is refusing to pay for repairs, as required by the contracts. On their Web site, Warranty Gold states:
Warranty Gold has put the processes into place to secure the investment that each of our customers make in our products. We have established a 'Trust Reserve Account' ("TRA") which is managed by our administrator to pay your claims for the life of your contract. Our administrator is insured to adequately cover all claims today and tomorrow. The insurer and the reinsurer are rated by A.M. Best. Your Warranty Gold service contract is absolutely reliable and secure.
Ha Ha.
I will never buy another extended warranty unless it is issued by the manufacturer.
Thay went bankrupt. The reinsurrer was incorporated in the Cayman Islands and all the money to pay claims vanished.
No coverage. The price of the warranty was a total loss.
This is from another web page:
Warranty Gold has defaulted on all contracts written before June, 2003, due to the bankruptcy filing of their administrator, National Warranty Insurance Company. This failure to pay for claims is a breech of contract, and failure to render services as agreed to in the contracts. They also have claimed that all funds are insured to protect policyholders, while claiming they don't have the funds to pay for claims.
Even after diagnosis by an approved repair facility, Warranty Gold is refusing to pay for repairs, as required by the contracts. On their Web site, Warranty Gold states:
Warranty Gold has put the processes into place to secure the investment that each of our customers make in our products. We have established a 'Trust Reserve Account' ("TRA") which is managed by our administrator to pay your claims for the life of your contract. Our administrator is insured to adequately cover all claims today and tomorrow. The insurer and the reinsurer are rated by A.M. Best. Your Warranty Gold service contract is absolutely reliable and secure.
Ha Ha.
I will never buy another extended warranty unless it is issued by the manufacturer.
09-06-2007, 03:11 AM
#6
Newbie
Join Date: Jun 2007
Location: Scottsdale, AZ
Posts: 21
Likes: 0
Received 0 Likes
on
0 Posts
2004 CLK 500 Cabriolet
The Continental Warranty that I referenced below is paid monthly. If anything ever happened to the company, my payments would stop. The deposit on the program was 10%, so I'd be out that, but otherwise OK. As with most things these days, it's buyer beware.
02-07-2008, 01:00 PM
#7
Newbie
Join Date: Mar 2003
Posts: 2
Likes: 0
Received 0 Likes
on
0 Posts
I just gave Continental Warranty a call after seeing them mentioned here and got totally turned off by their tactics. It was a rambling, high pressure, must put a deposit down immediately type of call. They quoted me a price for "their best" bumper to bumper coverage and then when I asked if the electronics were covered the price went up by $700 all of a sudden. Rep practically hung up on me when I insisted I would not be committing to anything on this call.
Trending Topics
02-10-2008, 08:33 AM
#8
Junior Member
Join Date: Feb 2008
Location: South Florida
Posts: 21
Likes: 0
Received 2 Likes
on
1 Post
BMW 530 xiT
Warrantee
Having just purchased an 11,400 mile 04 CLK 320, it's factory warantee is over so I bought one from AAA (the auto club) I have "heard" that they are very good, its from Mercury Insurance co...we will see...
