about to lose warranty...keep or sell?
08-30-2017, 02:59 PM
#1
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about to lose warranty...keep or sell?
I love my 2011 E550 and she now has 144k miles and is still covered under the unlimited mileage CPO warranty until November. Knock on wood outside of a major airmatic repair (3 years ago, warranty covered) the car has been trouble free, and my gut instinct is to keep the car and see if we can hit 250k miles someday.
That being said, I would hate to get hit with a massive repair bill out of warranty and I want to be thoughtful about my decision. The resale value is much lower than where I personally value the car, so that's another important factor.
If you were in my shoes what would you be thinking? Thanks in advance for your thoughts...
That being said, I would hate to get hit with a massive repair bill out of warranty and I want to be thoughtful about my decision. The resale value is much lower than where I personally value the car, so that's another important factor.
If you were in my shoes what would you be thinking? Thanks in advance for your thoughts...
08-30-2017, 03:29 PM
#2
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2014 E550-sold 😩
It can't be worth much at this point. $12-$15K maybe? What can you buy for that little dough that has any of the performance and comfort of an E550? Nothing. Keep it, and deal with any issues that come up, which will probably be minor. If the engine blows then donate it.
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raja777m (09-01-2017)
08-30-2017, 03:49 PM
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2010 E350 Luxury Sedan, Engine 272 (V6)
Would an extended warranty be available? I'm keeping mine, but I only have 25,000 miles on it. Still I worry about major engine, transmission or electronic (computer) failure. Decided not to get another extended warranty.
08-30-2017, 05:53 PM
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2014 E63S; AMS 100 octane ecu tune; edok tcu tune; BB intakes; dyno tuned
Factor $5000 in next three years in potential repairs and it's still better to keep it
airmatic is the big one
trans valve body is the next one
Indy mechanic can keep these costs lower
airmatic is the big one
trans valve body is the next one
Indy mechanic can keep these costs lower
08-31-2017, 10:49 PM
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For me, the picture isn't complete without knowing what car to replace it with. I usually keep my cars until I find myself more excited about the replacement. If you're content enough to not bother looking, then you have your answer.
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raja777m (09-01-2017)
09-01-2017, 01:31 AM
#6
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I love my 2011 E550 and she now has 144k miles and is still covered under the unlimited mileage CPO warranty until November. Knock on wood outside of a major airmatic repair (3 years ago, warranty covered) the car has been trouble free, and my gut instinct is to keep the car and see if we can hit 250k miles someday.
That being said, I would hate to get hit with a massive repair bill out of warranty and I want to be thoughtful about my decision. The resale value is much lower than where I personally value the car, so that's another important factor.
If you were in my shoes what would you be thinking? Thanks in advance for your thoughts...
That being said, I would hate to get hit with a massive repair bill out of warranty and I want to be thoughtful about my decision. The resale value is much lower than where I personally value the car, so that's another important factor.
If you were in my shoes what would you be thinking? Thanks in advance for your thoughts...
By the mileage your car book value is around $10000 or less. To trade it in is waste of a good vehicle.
If you like the car keep it and repair as needed. To get a new vehicle at around the same class would drain you $50000 or so. You can fix the current car with a lot less for a long time.
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raja777m (09-01-2017)
09-02-2017, 08:01 PM
#7
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2018 C300 4 Matic
Until you find something that you absolutely must have, you are better off keeping your car. That kind of performance and driving experience will be difficult to match.
Good luck, I say keep it.
Good luck, I say keep it.
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09-02-2017, 08:04 PM
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2012 CLS63
I agree with the dudes......sounds like a keeper. Set some money aside if you can for future repairs and keep on driving it! I had a 2011 e550 also.......was a great car.
