Wheel/Tire Hazard Insurance
Thread Starter
MBWorld Fanatic!
Joined: Aug 2003
Posts: 5,517
Likes: 20
From: Las Vegas, NV
2011 E350 Cabriolet..White and Almond Mocha
Wheel/Tire Hazard Insurance
Anyone recently obtained this insurance? With the 21" wheels and tires on the 550, I am going to get this coverage. I never buy any of these items because of the high markup but after paying $484 for a blown tire on my S at Knoxville, TN MB, I am a believer!
I am looking at the 3 year deluxe coverage for $595. It includes $40 credit for any repair of the tires and full replacement of wheel or tires, with a $5000 limit over the term of the policy. I selected 3 years since I rarely keep a car much longer than that.
Any input?
I am looking at the 3 year deluxe coverage for $595. It includes $40 credit for any repair of the tires and full replacement of wheel or tires, with a $5000 limit over the term of the policy. I selected 3 years since I rarely keep a car much longer than that.
Any input?
Member
Joined: Mar 2007
Posts: 226
Likes: 0
From: South of the Mason Dixon, North of the Gulf
2007 GL 320 CDI, 2008 M5
Anyone recently obtained this insurance? With the 21" wheels and tires on the 550, I am going to get this coverage. I never buy any of these items because of the high markup but after paying $484 for a blown tire on my S at Knoxville, TN MB, I am a believer!
I am looking at the 3 year deluxe coverage for $595. It includes $40 credit for any repair of the tires and full replacement of wheel or tires, with a $5000 limit over the term of the policy. I selected 3 years since I rarely keep a car much longer than that.
Any input?
I am looking at the 3 year deluxe coverage for $595. It includes $40 credit for any repair of the tires and full replacement of wheel or tires, with a $5000 limit over the term of the policy. I selected 3 years since I rarely keep a car much longer than that.
Any input?
Member
Joined: Mar 2007
Posts: 226
Likes: 0
From: South of the Mason Dixon, North of the Gulf
2007 GL 320 CDI, 2008 M5
[/FONT]
Yes, at the dealer, from the finance manager at paper signing. I did negotiate a deal for both of them at $1050 for four years. I did not buy the paint sealant or interior treatment, but I bought an extended warranty to 100K miles for $3500 also. I did not finance the deal so that may have given more or less leverage on the negotiation; it's hard to tell which. The finance manager sure wanted me to finance, and I am sure the dealer gets a commission from the finance company if the customer does, so I might have gotten less leverage that if I had financed. I got a tremendous amount for my trade in but not much off sticker ($1500). But the GL320 is the hottest thing going right now, so I think this was okay.
Yes, at the dealer, from the finance manager at paper signing. I did negotiate a deal for both of them at $1050 for four years. I did not buy the paint sealant or interior treatment, but I bought an extended warranty to 100K miles for $3500 also. I did not finance the deal so that may have given more or less leverage on the negotiation; it's hard to tell which. The finance manager sure wanted me to finance, and I am sure the dealer gets a commission from the finance company if the customer does, so I might have gotten less leverage that if I had financed. I got a tremendous amount for my trade in but not much off sticker ($1500). But the GL320 is the hottest thing going right now, so I think this was okay.
Member
Joined: May 2007
Posts: 179
Likes: 0
From: Raleigh, NC
2001 BMW 540i/6-speed, 2008 GL550
[/FONT]
Yes, at the dealer, from the finance manager at paper signing. I did negotiate a deal for both of them at $1050 for four years. I did not buy the paint sealant or interior treatment, but I bought an extended warranty to 100K miles for $3500 also. I did not finance the deal so that may have given more or less leverage on the negotiation; it's hard to tell which. The finance manager sure wanted me to finance, and I am sure the dealer gets a commission from the finance company if the customer does, so I might have gotten less leverage that if I had financed. I got a tremendous amount for my trade in but not much off sticker ($1500). But the GL320 is the hottest thing going right now, so I think this was okay.
Yes, at the dealer, from the finance manager at paper signing. I did negotiate a deal for both of them at $1050 for four years. I did not buy the paint sealant or interior treatment, but I bought an extended warranty to 100K miles for $3500 also. I did not finance the deal so that may have given more or less leverage on the negotiation; it's hard to tell which. The finance manager sure wanted me to finance, and I am sure the dealer gets a commission from the finance company if the customer does, so I might have gotten less leverage that if I had financed. I got a tremendous amount for my trade in but not much off sticker ($1500). But the GL320 is the hottest thing going right now, so I think this was okay.
Thread Starter
MBWorld Fanatic!
Joined: Aug 2003
Posts: 5,517
Likes: 20
From: Las Vegas, NV
2011 E350 Cabriolet..White and Almond Mocha
My guidance from a pretty good source indicated NEVER say curb in any claim. It is always a pot hole or some other type of hazard. Curbs are apparently not a hazard so beware...
Member
Joined: May 2007
Posts: 179
Likes: 0
From: Raleigh, NC
2001 BMW 540i/6-speed, 2008 GL550
Trending Topics
MB World Stories
The Best of Mercedes & AMG
6 Mercedes Models That Did NOT Age Well (But Are Somehow Still Cool)
Verdad Gallardo
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun
Verdad Gallardo
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren
Verdad Gallardo
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine
Verdad Gallardo
Flawlessly Restored Mercedes 190E Evo II Heads to Auction
Verdad Gallardo
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know
Verdad Gallardo
Mercedes EQS Gets A Major Update: Everything You Need to Know
Verdad Gallardo
5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve
Verdad Gallardo
Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping
Verdad Gallardo
MBWorld Fanatic!
Joined: May 2007
Posts: 2,244
Likes: 1
From: Scottsdale, AZ
2004 RX330, 2008 Scion xB, 2001 Honda Insight Hybrid, 2010 Toyot Prius v ATP
Thread Starter
MBWorld Fanatic!
Joined: Aug 2003
Posts: 5,517
Likes: 20
From: Las Vegas, NV
2011 E350 Cabriolet..White and Almond Mocha
MBWorld Fanatic!
Joined: May 2007
Posts: 2,244
Likes: 1
From: Scottsdale, AZ
2004 RX330, 2008 Scion xB, 2001 Honda Insight Hybrid, 2010 Toyot Prius v ATP
Senior Member
Joined: May 2004
Posts: 271
Likes: 2
From: Howard Co MD
'13 ML350 Bluetec for work, E550 for pleasure, & ML350 for my wife
I pretty much never buy extended warrenties or "protection plans" on anything.
I did, however, buy the wheel & tire plan when I leased my GL. It only added a very small amount to the monthly payment. I figured it was a cheap enough gamble, even if I never use it.
I did, however, buy the wheel & tire plan when I leased my GL. It only added a very small amount to the monthly payment. I figured it was a cheap enough gamble, even if I never use it.
Senior Member
Joined: Oct 2005
Posts: 352
Likes: 1
From: fl
1992 500E, 2006 E500, 2007 GL 450
It hard to see how any add-on warranty makes any objective financial sense after one considers that the warranty co. has expenses and overhead and makes a profit and the dealer gets a commission for the sale. IMO add-on warranties should always be declined. In any event, it probably only makes a little sense if one expects to attain or exceed the mileage limits of the warranty and/or the pricing of the warranty has not caught up the actual replacement costs of the 21" wheels and tires. In the latter case if the warranty is substantially underpriced, it could be hard to collect on.
Last edited by nantucketsleigh; Aug 16, 2007 at 08:40 PM.
Senior Member
Joined: Jun 2007
Posts: 459
Likes: 253
From: SD
Various
It hard to see how any add-on warranty makes any objective financial sense after one considers that the warranty co. has expenses and overhead and makes a profit and the dealer gets a commission for the sale. IMO add-on warranties should always be declined. In any event, it probably only makes a little sense if one expects to attain or exceed the mileage limits of the warranty and/or the pricing of the warranty has not caught up the actual replacement costs of the 21" wheels and tires. In the latter case if the warranty is substantially underpriced, it could be hard to collect on.
By the way, the '04 320 wagon has been perfect while my '06 BMW's dash rattles like a child's toy driving down the road.
Super Member
Joined: Jan 2007
Posts: 537
Likes: 2
From: Land of Magnolias and Mint Juleps
I figured, at less than 1/2 the cost of one rim, I could hardly loose.
Senior Member
Joined: Mar 2007
Posts: 379
Likes: 0
From: MA
13 SL550, 14 E63 Wagon, 15 S550, 11 M3, 08 F430 Spider, 12 ML350
I declined the wheel/tire coverage as I too always take my chances but wouldn't you know it on delivery day last March I let my wife try it out and with 15 miles on the odo she ran through a huge pot hole and put a small scrape on one rim.
Luckily no damage was done and I just touched it up with a paint pen but you just never know so I think you are right NJ to take it on those big wheels.
Luckily no damage was done and I just touched it up with a paint pen but you just never know so I think you are right NJ to take it on those big wheels.
Thread Starter
MBWorld Fanatic!
Joined: Aug 2003
Posts: 5,517
Likes: 20
From: Las Vegas, NV
2011 E350 Cabriolet..White and Almond Mocha
I declined the wheel/tire coverage as I too always take my chances but wouldn't you know it on delivery day last March I let my wife try it out and with 15 miles on the odo she ran through a huge pot hole and put a small scrape on one rim. Luckily no damage was done and I just touched it up with a paint pen but you just never know so I think you are right NJ to take it on those big wheels.
Luckily no damage was done and I just touched it up with a paint pen but you just never know so I think you are right NJ to take it on those big wheels.
MBWorld Fanatic!
Joined: May 2007
Posts: 2,244
Likes: 1
From: Scottsdale, AZ
2004 RX330, 2008 Scion xB, 2001 Honda Insight Hybrid, 2010 Toyot Prius v ATP
