Buying a 2015 CLS400 4Matic today, Extended Warranty or NO???
Opinions??? Should I go with an extended warranty of not? Not sure if I'm buying piece of mind or throwing money away. I'm pretty sure I won't have to worry about the main engine components or transmission for the next 3 years. I only drive about 8-9k miles a year but in a lot of traffic. Carmax has offered me a 3 year 30k miles warranty for $2800 with a $50 deductible. Endurance, who seems to have one of the better reputations wants $3700 but cover a few more things like tire warranties and lost key fobs as well as some minor parts.
Should I get the warranty for $3-4k or roll the dice???
Anyone have experience with either of these plans, or know of commons problems and or costs to repair them. Most sites seem to have a lack of common problems for the CLS400 which I guess I should take as a good thing.
Thanks.
Opinions??? Should I go with an extended warranty of not? Not sure if I'm buying piece of mind or throwing money away. I'm pretty sure I won't have to worry about the main engine components or transmission for the next 3 years. I only drive about 8-9k miles a year but in a lot of traffic. Carmax has offered me a 3 year 30k miles warranty for $2800 with a $50 deductible. Endurance, who seems to have one of the better reputations wants $3700 but cover a few more things like tire warranties and lost key fobs as well as some minor parts.
Should I get the warranty for $3-4k or roll the dice???
Anyone have experience with either of these plans, or know of commons problems and or costs to repair them. Most sites seem to have a lack of common problems for the CLS400 which I guess I should take as a good thing.
Thanks.
No on extended warranty or CPO “coverage”. They don’t pay out claims in excess of premia. No insurance policy does, over the long run.
If you don't have a service history of the vehicle or if you do, and it hasn't had a transmission service done, I would recommend you do that off the bat if you plan on keeping this car for a few years. With your mileage + the vehicle being 6 years old, if it hasn't been done, then now is the perfect time to do it. The only thing my warranty will be doing for me is adding value to the vehicle if I do plan on selling it at the start of next year since it's transferable.









