2016amggtsed1

I have a 2016 Edition 1 GTS with about 5500 miles
I am looking for recommendations for companies offering a comprehensive extended warranty as my factory one ends in a few months
for reference on my R8 I bought a Fidelity Platinum 5 year/50,000 mile warranty through an Audi dealer- the cost was $1900 with a $250 deductible which I thought was a bargain
thanks for your input

Katie22

Waste of money!!!!!!!!!! doubt me then do research. ALL consumer advocate groups say its a waste of money...........................

Orcbolg

The Fidelity Platinum warranty is the one that I see most often recommended. The added benefit, is that you can us an independent shop, and for major work, they send someone out for a physical inspection, no software inspection, so some hp mods won't cause any issue with getting warrant work done.

thebishman

Have you taken the car to your local MB dealer to ask about an extra 2 year warranty?

2016amggtsed1

I agree that most warranties are not cost justified , however, on cars like ours they certainly can be- in addition to peace of mind and improved resale the added coverage can be a "no brainer" on my R8 for example...less then $2000 for 5yr/50,000 miles easily makes up for the risk of known issues like leaking struts and A/C issues

I will check with my dealer and Fidelity; thanks

Katie22

2016 it is ONLY a no brainer if someone ignores math, facts, statistics, and every consumer advocacy group and buys one of these rip offs. It should be apparent that these are sold at the same time the dealer try’s to sell other rip offs like scotchguard and micro dots.

2016 my statement covers all cars. It is mathematically improbable that the person that pays for this extended ripoff will ever utilize whatever they paid for it. Did you think they sell these rip offs out of the kindness of their hearts? Hell no they want to make money!

Additionally I would think anyone that can afford to own one of these cars can afford to OWN one of these cars. That means they have the money to cover any unlikely repairs! If they don’t then shame on them for buying the car in the first place.

Other excuses I have seen from people touting warranties is cars are so complicated, or they aren’t built like they used to be. Again this ignores the facts of newer cars and reliability and begs the question wtf would someone buy a car that they don’t have confidence in?

SAVE yourmoney and revel in knowing that you have a 50000 miles factory warranty and after that the car is very likely to last to at least when the pos extended warranty would run out.

Orcbolg

We just went through this with you here:

https://mbworld.org/forums/amg-gt/74...-warranty.html

2016amggtsed1

Katie: I appreciate your input as I did request and solicit opinions
your blanket statement is, however, false in many ways that I have neither the time or inclination to respond too
briefly....just because you can afford something (such as a costly repair) that does not mean a warranty purchase is necessarily foolish or a waste of money
for instance; in my R8 example the $1900 covered some very expensive potential if not probable mechanical flaws for what would represent .10 cents on the dollar (warranty cost: transmission)
clearly all warranties and insurances have actuarial studies that confirm that the purchase of such items is profitable for the provider, however, as I said peace of mind has value and with my fidelity warranty the total cost was more then recouped on re-sale alone not to mention that if I chose not to transfer the warranty to the new buyer I was entitled to a pro-rata refund
warranties on A GTS I suspect as not as cost effective, however, with the constructive input I received I can draw a conclusion on the risk:reward analysis

Katie22

Yes and to be a consumer advocate does not have limits.

2016amggtsed1

thanks- that was helpful; I should have seen that in my search
consistent with current closed minded opinions
thanks again

badbenzz

If you have a relationship with the dealer just before the expiration of the warranty, the dealer can CPO the car for you.

WildPete

Found this on a search. Numbers are 2014, interesting nonetheless as it reveals dealer profit.

Katie22

Interesting. Like i said warranties are good money makers for the people that sell the junk.............

Orcbolg

Some people just get hung up on certain things, and then feel the need to beat you in the face with their opinion ad nauseam.



Make sure to shop around for best price, and let us know what you end up with.

ZephyrAMG

Katie does have a point....I have friends at dealerships who are high up managers that admit that the extended warranty and the wheel and tire warranty and the interior scotch guard warranty are all BS money makers during the last minute of a sale. If you notice, there are deductibles involved

For example, if you damaged your tire, with the tire and rim warranty, you have a deductible, and they FIRST will repair it and not outright replace it at THEIR leisure and most of the time they have to order the tire etc etc etc so in the end, if you saved the warranty money and just got yourself a tire in 1 day going where you chose to go, you would be out about $200 and one and done instead of paying into them and having them dictate how, when, and where.

Same goes with any vehicle issues.

They are good for resale conversation points and it may pay out well in a catastrophic situation.

thebishman

Everything you state is true, and when buying new, which I always tend to do even though it's financially stupid, I would never buy an extended warranty because I almost never keep a vehicle long enough that it runs out of the OEM one.

That being said, when buying used where perhaps you only have say 12-18 months of warranty left, and you don't know the condition/usage of the car, I would never buy an expensive to repair vehicle without a PPI (from a dealer who can pull up the ECU logs), and (preferentially) an OEM extended warranty. Who really believes that an additional $4K spent buying a CPO vehicle isn't a fantastic bargain when a major drivetrain issue on a GTS/GTC/GTR could well cost into the $10,000's? TBH, that much money spent on piece of mind is close to what I'd spend on a track weekend what with insurance; the cost of consumables, etc.

Bish

Orcbolg

All of this. I wouldn't buy the extended warranty when purchasing new, but buying an aftermarket warrant such as the Fidelity warranty, on a used vehicle, seems perfectly reasonable. When you consider the price that most people pay for the extended warranties (in the ballpark of $3-4k for another 3 years), it seems like a no brainer on a vehicle that could easily rack up $10k+ on any number of system failures, especially if you intend to drive the jeebus out of it. Vehicles depreciate, parts and labor don't.





While there is surely merit to her point of view, constantly insinuating that those who buy them are idiots gets old.

texasmade

If you want your tire and rim warranty to be worth it, just go purposely curb a rim or two every year. Stock rims are expensive to replace.

boltonblue

I think it all depends on your planned usage of the vehicle.
a daily diver with 30K per year. strongly consider.
a toy like the GT-S, with maybe 5k per year, I'm struggling to justify it.

Orcbolg

Just drive it more, then it's easier to justify.

2016amggtsed1

in preparation for factory warranty expiration I did further research
best deal I have come across is Fidelity Platinum that has comprehensive coverage with a $100 deductible
5 years and 60,000 miles for $2500
although I am not often a believer in warranties and rarely keep cars more then a year or two this is a solid deal
$500 per year x 5 years; cancellable at anytime with pro-rate refund and transferrable to a new owner

AMG 17GT

That is really a no brainer. You’ll get close to that when you sell with maybe a year left for new buyer.

WildPete

That does sound like a good deal. I assume the 5 yr term starts at the expiration of the factory warranty. Since mine is a CPO, I wonder if they'd start at the end of the 5yr CPO term or still the 4yr factory.
I passed on the dealer 2 yr extension for more than double that price. I didn't care for the hard sell from the snot-nosed paperwork kid either.
What you found however, is an altogether different animal. I'll never hit the mileage limit in that time frame but having coverage at that price point sounds great even if it only nets me an additional 4 years. Thanks for posting.

2016amggtsed1

as explained to me it starts from when you sign/pay for the warranty agreement
in my case my warranty expires in a month so I said I would proceed at that time
that is the way to go in order to make the most of the coverage, a month is insignificant but in my case I could get an itch to trade out at any time
with only 5500 miles on mine and obviously limited usage the risk:reward is a tougher justification but at that price it simply makes sense

nyca

This Fidelity warranty, will it cover work done at the dealer - at dealer prices for service - or do you have to use an independent shop?