Should I buy an extended warranty?
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Joined: Sep 2007
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From: Texas
'08 GL 320CDI
Should I buy an extended warranty?
At the risk of reopening an old subject, I am curious how some of you feel about purchasing an extended warranty. I expect to take delivery of my new GL in less than two weeks, and I know when the paperwork is being finalized, I'll be asked whether or not I want this. I am guessing it will be another 2 or 3 thousand dollars, and due to the questionable reliability history for Mercedes, it may prove to be a smart move to buy it. Comments?
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From: Spicewood, TX
2008 GL 320, 2007 Silverado LTZ C3500 Duramax Turbo Diesel
At the risk of reopening an old subject, I am curious how some of you feel about purchasing an extended warranty. I expect to take delivery of my new GL in less than two weeks, and I know when the paperwork is being finalized, I'll be asked whether or not I want this. I am guessing it will be another 2 or 3 thousand dollars, and due to the questionable reliability history for Mercedes, it may prove to be a smart move to buy it. Comments?
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From: Central Pa.
2013 GL450 (traded for 2015 Escalade), 2012 Corvette, 2014 Ford Fusion, Previous: 2007 GL450, 2011
The GL is a complicated, sophisticated vehicle (like many today) repairs will be expensive. The fact that it is a MB ups the ante a little more.....the bottom line is: if you plan to keep your vehicle beyond the original warranty ( years or miles ), then you should seriously consider it.
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From: Las Vegas, NV
2011 E350 Cabriolet..White and Almond Mocha
At the risk of reopening an old subject, I am curious how some of you feel about purchasing an extended warranty. I expect to take delivery of my new GL in less than two weeks, and I know when the paperwork is being finalized, I'll be asked whether or not I want this. I am guessing it will be another 2 or 3 thousand dollars, and due to the questionable reliability history for Mercedes, it may prove to be a smart move to buy it. Comments?
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From: Scottsdale, AZ
2004 RX330, 2008 Scion xB, 2001 Honda Insight Hybrid, 2010 Toyot Prius v ATP
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From: South of the Mason Dixon, North of the Gulf
2007 GL 320 CDI, 2008 M5
As to the issue of negotiability, since I bought so much stuff, they cut me a deal. All of it was packaged together at $4750, which was a substantial discount off the standard pricing of each individual item.
They said that it was cheaper to buy the extended mechanical warranty at the outset than later on before the warranty expires.
I have already used the wheel and tire coverage and it worked perfectly.
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From: Central Pa.
2013 GL450 (traded for 2015 Escalade), 2012 Corvette, 2014 Ford Fusion, Previous: 2007 GL450, 2011
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From: Land of Magnolias and Mint Juleps
The extended warranty might be more later - invest what you would have spent today to cover the higher cost. Don't spend it before you have to.
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Joined: Aug 2007
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From: Reno, NV
SL500, ML350, 2 GL550's (on order)
Why not wait until the OMW is about to expire before purchasing the extended warranty? You will be in a better position at that time to know if you will keep the GL or get the latest greatest. Plus, since it appears the warranty covers "most" of the repair costs, you will have more experience with your GL at that time to know if you should keep it despite your original intent. If you happen to get a problem one, it might be better to trade.
The extended warranty might be more later - invest what you would have spent today to cover the higher cost. Don't spend it before you have to.
The extended warranty might be more later - invest what you would have spent today to cover the higher cost. Don't spend it before you have to.
Thread Starter
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Joined: Sep 2007
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From: Texas
'08 GL 320CDI
Well, I finally took delivery of my '08 320CDI...what a great ride. Anyway, please indulge me on this, but I have time to decide on the extended warranty. For the 7/100,000, they'll drop the MB warranty to $3,670, or a third party warranty by CNA National for $2,526. The latter is actually for 7/70,000 which is a closer fit to my driving. The only key difference (after the OMW expires) is that the CNA warranty requires a $100 deductable.
Also, I can get for $399 ea., the tire/wheel protection, the dent protection and windshield protection, all for 5 years. I don't need the windshield coverage as I have a $50 deductable with State Farm and they'll replace the windshield. Otherwise, I lean toward the CNA, tire/wheels and dent warranties. I expect to keep the vehicle past the OMW. Thoughts? Thanks.
Also, I can get for $399 ea., the tire/wheel protection, the dent protection and windshield protection, all for 5 years. I don't need the windshield coverage as I have a $50 deductable with State Farm and they'll replace the windshield. Otherwise, I lean toward the CNA, tire/wheels and dent warranties. I expect to keep the vehicle past the OMW. Thoughts? Thanks.
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Joined: Sep 2007
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From: Minnesota
2008 GL 320 CDI Black/Black
Well, I finally took delivery of my '08 320CDI...what a great ride. Anyway, please indulge me on this, but I have time to decide on the extended warranty. For the 7/100,000, they'll drop the MB warranty to $3,670, or a third party warranty by CNA National for $2,526. The latter is actually for 7/70,000 which is a closer fit to my driving. The only key difference (after the OMW expires) is that the CNA warranty requires a $100 deductable.
Also, I can get for $399 ea., the tire/wheel protection, the dent protection and windshield protection, all for 5 years. I don't need the windshield coverage as I have a $50 deductable with State Farm and they'll replace the windshield. Otherwise, I lean toward the CNA, tire/wheels and dent warranties. I expect to keep the vehicle past the OMW. Thoughts? Thanks.
Also, I can get for $399 ea., the tire/wheel protection, the dent protection and windshield protection, all for 5 years. I don't need the windshield coverage as I have a $50 deductable with State Farm and they'll replace the windshield. Otherwise, I lean toward the CNA, tire/wheels and dent warranties. I expect to keep the vehicle past the OMW. Thoughts? Thanks.
There are also extended warranties for cars out of their OMW...that being said - I think you have plenty of time to consider this option.
Enjoy the truck - I know we are!
BJ
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Joined: Oct 2007
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From: Toronto, ON
2011 E350 4Matic Wagon, 2013 C350 4Matic Sedan
I am picking up my car in three weeks and want to make a decision on the extended warranty as well... from what I hear there is a $500 inspection charge to add the MB 2 year extended warranty after purchase. Anyone else came across this?
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Joined: Sep 2007
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From: Texas
'08 GL 320CDI
Nothing was ever said to me about an inspection charge. I went ahead and "splurged" for the extended warranty. I got the finance rep to drop his price a little more after he had already dropped it some a couple of days before when I took delivery. For the tire/wheel coverage, it cost $350 as did the dent coverage (perhaps a waste). For the 3rd party extended warranty by CNA, he dropped the 7/70,000 coverage to $2,426, which is about $1,350 less than what he would have charged for the MB coverage, although it was for 7/100,000. Maybe I jumped the gun to early, but oh well....I don't have to worry about it. There's something to be said for peace of mind. By the way, I was told that there would be up to a 20% surcharge on purchasing the extended warranty if I waited until after the original warranty expired. Who knows what the future would hold as far as an increase in these coverages is concerned.
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From: Blasting off!
CLS63 Designo Edition, Hyundai Genesis 3.8 , Veloster Turbo, CLS500(Sold), E320 (SMOKED) R500 (Sold)
On the fence
I am considering a warranty on my CLS500. This is the option:
1. Go with a third party (Warranty America), which offers a 100K warranty exclusionary(bumper to bumper) excluding some wear items such as tires, brake pads, etc. The warranty is $2900 and covers the NAV system.
2. Go with a MB warranty which was quoted to me at $5000.
Now, my car currently has 31K on it so I would only get 50K miles additional once the warranty runs out. The problem I have with that, is for 50K additional miles of coverage 5K for the MB warranty seems really steep. After speaking with some dealers here in Georgia they won't take payments from a third party warranty due to so many issues about getting paid. Now Warranty America pays by credit card, but I don't want the issue of taking the car to a dealer and they won't accept a third party warranty. After talking with RBM Mercedes here in Atlanta, the rep mentioned I probably would do better at sticking 5K in a high yield savings account and use it for repairs later down the road. I am thinking that may be a good idea as well, thoughts or suggestions?
1. Go with a third party (Warranty America), which offers a 100K warranty exclusionary(bumper to bumper) excluding some wear items such as tires, brake pads, etc. The warranty is $2900 and covers the NAV system.
2. Go with a MB warranty which was quoted to me at $5000.
Now, my car currently has 31K on it so I would only get 50K miles additional once the warranty runs out. The problem I have with that, is for 50K additional miles of coverage 5K for the MB warranty seems really steep. After speaking with some dealers here in Georgia they won't take payments from a third party warranty due to so many issues about getting paid. Now Warranty America pays by credit card, but I don't want the issue of taking the car to a dealer and they won't accept a third party warranty. After talking with RBM Mercedes here in Atlanta, the rep mentioned I probably would do better at sticking 5K in a high yield savings account and use it for repairs later down the road. I am thinking that may be a good idea as well, thoughts or suggestions?
