Mercedes Extended Warranty for GL 320
We are considering purchasing the 24 or 36 extended warranty because we will probably pass this car to one of our children at some point in the future.
Anyone have any experience with Mercedes Extended Warranty?
Your thoughts would be appreciated.




12 months $2,500
24 months $3,200
36 months $4,120
Last edited by BlownV8; Aug 26, 2007 at 12:09 PM.
I had not even considered the extended warranty since my E55 had been virtually trouble free. That is up until last Friday. The air suspension developed problems causing the car to drop down and displaying a warning message "Stop, car too low". I drove to the dealership, which was close by, and left it. I asked the SA what the approximate cost would be if the car was not in warranty. He said if the air pump was bad, it would cost about $5,000. That repair would pay for the extended warranty. I am considering getting one myself or getting rid of the car in 18 months when the warranty expires.
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That is more than GM, despite DC selling a fraction of the cars.I think the questions you should ask, are who is the company backing the policy? Is the policy an exclusionary type? (Mercedes is not, it is named component). Keep in mind most dealerships mark up the policy by 100% (double cost). If you haggle, you can find a good deal. Cost on a MB policy for a 6/100 is $2650 (two additonal years, 50K miles).
You wrote:
Keep in mind most dealerships mark up the policy by 100% (double cost). If you haggle, you can find a good deal. Cost on a MB policy for a 6/100 is $2650 (two additonal years, 50K miles).
For clarification, is the $2650 cost the bottom line cost? That is the dealer's cost? That is what we should aim to negotiate to?
When you refer to "DC selling a fraction of the cars" waht is DC? What are you referring to please.
Thanks
Gordon
I need a nap.
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All this thinking makes me want to take a nap, too. Nite all.
$2650 is cost.
Insurance has two main components--frequency, and severity. While the Chrylser products may break more often, it is the Mercedes that hits them with severity (high cost of claims).
Everyone can have their own individual experience with a manufacturer but my Dodge truck (1999) only had an alternator replaced after 104,000 miles, and my Jeep Rubicon (2007) has never been in the shop. I cannot say the same for the Mercedes E55--several thousand dollars paid under warranty and Starmark warranty. I will still buy another one for myself, and a GL320 for wifey.
Insurance companies make money, i.e. you pay them more than they pay you.
Pretty good for liability issues, complete loss of house, etc. Perhaps not so good for car repairs.



