E-Class (W211) 2003-2009

Extended Warranty....Did I get a good price?

Old May 24, 2006 | 03:02 AM
  #1  
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2004 E500
Extended Warranty....Did I get a good price?

Hi People,

I took my car in today for a complete lookover since I'm about 500 miles short of hitting 50k. I only had about an hour last night to do some homework on extended warranty's and I feel like I got a pretty good deal via the dealership today so I took it.

Here's the info:

2004 E500 49.4k miles Loc: California
4yr / 100k coverage for $3557 + $50 deduct
This was through MAP insurance which was through the dealership so obviously I don't have to deal with any headaches. This coverage is 100% identical to the Mercury Platinum plan which they also offer. This also covers the Nav.

From the short time I spent reading on here last night, I feel like I got a deal as good as it gets (I think). I got them down from 4k. Either way, I know I will definitely sleep better at night for another 50k miles.

Bugs
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Old May 24, 2006 | 04:24 PM
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Barry45RPM's Avatar
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2015 ML 350
What company actually issues the "policy".
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Old May 24, 2006 | 05:58 PM
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Originally Posted by Bugsbunny
Hi People,

I took my car in today for a complete lookover since I'm about 500 miles short of hitting 50k. I only had about an hour last night to do some homework on extended warranty's and I feel like I got a pretty good deal via the dealership today so I took it.

Here's the info:

2004 E500 49.4k miles Loc: California
4yr / 100k coverage for $3557 + $50 deduct
This was through MAP insurance which was through the dealership so obviously I don't have to deal with any headaches. This coverage is 100% identical to the Mercury Platinum plan which they also offer. This also covers the Nav.

From the short time I spent reading on here last night, I feel like I got a deal as good as it gets (I think). I got them down from 4k. Either way, I know I will definitely sleep better at night for another 50k miles.

Bugs
I just did a quote on Warranty Direct. They are showing a 4/100 with a 50 deductible at $2383 on their "Golden MBI" coverage.

They also list a California MBI coverage (they call it a "true bumper to bumper protection") at $3414 with $100 deductible, or $3,625 with zero deductible.

If your coverage is similar to Warranty Direct's California MBI, then I would say that the price you paid was OK. If it's less than this (and I think it is?), then I think you probably paid a little too much.

Word of advice: Extended Warranties offered through a dealer is normally not the best you can get for the money.
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Old May 24, 2006 | 06:59 PM
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2004 E500
Barry, I think the company was called MAP which stood for something. I'll have to check.


Revstriker, I had checked that same site as you the night before. All the top companies have the exact same full coverage...and all that you need to really check to compare them is to check what they don't cover. BTW, Continental just called me on the phone...these clowns quoted me $4400!!!! Ridiculous!
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Old May 24, 2006 | 10:17 PM
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C240
I paid $2385 i think for "Major Care" from Warranty Direct. 0 deductable. but it doesn't cover everything, just Major Sales person told me it would be pointless to buy the top of the line one, because how many times i'm really going to have an issue with my trimming or whtever else small issues could come up.
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Old May 25, 2006 | 01:19 PM
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2004 E500
Originally Posted by DesiBaba
I paid $2385 i think for "Major Care" from Warranty Direct. 0 deductable. but it doesn't cover everything, just Major Sales person told me it would be pointless to buy the top of the line one, because how many times i'm really going to have an issue with my trimming or whtever else small issues could come up.
Actually, none of the extended warranty's cover trimming issues or stupid things like that. If a knob breaks, it won't be covered. The reason why I wanted the best coverage available is because there are a ****load of electronics in this car. And I wanted coverage to 100k because obviously more and more will go wrong as the car gets older and I didn't want to risk having my warranty stop earlier at like 85k only to have something go wrong at 90k. Then I would have waisted all that money on the warranty and I would wind up paying out of pocket as well. That would suck!

You gotta realize that even though it's 1k more for full complete coverage, thats still probably less than the cost of 1 half assed repair that you would pay out of pocket. Something like a sunroof issue can add up to 1k very quickly. Even two really stupid repairs would add up to 1k. These dealerships charge ridiculous rates. I just really hope your "Major Care" coverage includes all your electronics.

But like I said, all in all, I'm really happy with what I got and I know I'll definitely sleep a lot better at night not having to worry.

Bugs
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Old May 25, 2006 | 05:09 PM
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99CLK320, 98ML320, 02S430 (gone replaced with 2008 BMW 550i)
You will only sleep better...

until you actually try to use it...



Curly
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Old May 25, 2006 | 07:10 PM
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I take it mercedes doesn't offer an extended warranty of their own? Or there is no "Mercedes-Benz factory authorized extended warranty" available?
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