Extended Warranty Cost for 2014 GL550
Thread Starter
Newbie
Joined: Oct 2016
Posts: 12
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2014 GL550
Extended Warranty Cost for 2014 GL550
I purchased 2014 GL550 which has 34,500 miles on it.
At the time I purchased, I bought 5 year (from the purchase day) / 100,000 miles (odometer reading) together. Which made me pay $5,000 more top on the vehicle cost.
Eventually, which will give me additional 3 years and 9 month / 50,000 miles
after factory warranty is expired.
Did I pay too much?
At the time I purchased, I bought 5 year (from the purchase day) / 100,000 miles (odometer reading) together. Which made me pay $5,000 more top on the vehicle cost.
Eventually, which will give me additional 3 years and 9 month / 50,000 miles
after factory warranty is expired.
Did I pay too much?
Last edited by sunglyong2; Oct 17, 2016 at 04:34 PM.
MBWorld Fanatic!
Joined: Sep 2016
Posts: 1,189
Likes: 187
From: TX
2023 GLE3502W, 2024 GLC3002W, 1967 Pontiac GTO 4 sp (sold...sniff)
I purchased 2014 GL550 which has 34,500 miles on it.
At the time I purchased, I bought 5 year (from the purchase day) / 100,000 miles (odometer reading) together. Which made me pay $50,000 more top on the vehicle cost.
Eventually, which will give me additional 3 years and 9 month / 50,000 miles
after factory warranty is expired.
Did I pay too much?
At the time I purchased, I bought 5 year (from the purchase day) / 100,000 miles (odometer reading) together. Which made me pay $50,000 more top on the vehicle cost.
Eventually, which will give me additional 3 years and 9 month / 50,000 miles
after factory warranty is expired.
Did I pay too much?
Thread Starter
Newbie
Joined: Oct 2016
Posts: 12
Likes: 0
2014 GL550
Sorry, there were so many"5"s.
Yes, I paid $5,000. This was paid when I purchased Car from used Car dealer (Not CPO).
Dealer told me that I can bring the car to any Mercedes service shop if problem occurs.
Yes, I paid $5,000. This was paid when I purchased Car from used Car dealer (Not CPO).
Dealer told me that I can bring the car to any Mercedes service shop if problem occurs.
Senior Member
Joined: Aug 2016
Posts: 262
Likes: 30
2014 GL450
Depends on how much you paid for the car. Dealer could sell the car for less and make it up from the extended warranty. Since it is 3rd party, you may get more feedback by giving the name of the extended warranty company.
Super Member
Joined: Jul 2003
Posts: 963
Likes: 122
From: Illinois
2014 Mercedes-Benz GL63 AMG
I would cancel it immediately, you typically have a month to cancel with full premium refunded.
http://www.mercedesbenzcary.com/extended-limited-warranty-pricing.html
you overpaid, go call any MB dealership and get quotes for a ELW and all you need is your vin and you can buy via credit card over the phone.
The MB warranty typically is better than an aftermarket.
http://www.mercedesbenzcary.com/extended-limited-warranty-pricing.html
you overpaid, go call any MB dealership and get quotes for a ELW and all you need is your vin and you can buy via credit card over the phone.
The MB warranty typically is better than an aftermarket.
I purchased 2014 GL550 which has 34,500 miles on it.
At the time I purchased, I bought 5 year (from the purchase day) / 100,000 miles (odometer reading) together. Which made me pay $5,000 more top on the vehicle cost.
Eventually, which will give me additional 3 years and 9 month / 50,000 miles
after factory warranty is expired.
Did I pay too much?
At the time I purchased, I bought 5 year (from the purchase day) / 100,000 miles (odometer reading) together. Which made me pay $5,000 more top on the vehicle cost.
Eventually, which will give me additional 3 years and 9 month / 50,000 miles
after factory warranty is expired.
Did I pay too much?
Super Member
Joined: Apr 2016
Posts: 889
Likes: 148
From: Southern Illinois
, 2023 BMW X4, 1991 190E
Before you cancel make sure Mercedes will warranty this car since you bought it from a non-Mercedes dealer. I think Mercedes will only sell a warranty for a Mercedes purchased from a Mercedes dealer or from the Mercedes owner who had the car while it was under warranty. Need to check this out before cancelling. I expect you cannot get a 100,000 mile warranty from a Mercedes dealer at this price. Let us know what you find out.
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Super Member
Joined: Jul 2003
Posts: 963
Likes: 122
From: Illinois
2014 Mercedes-Benz GL63 AMG
Before you cancel make sure Mercedes will warranty this car since you bought it from a non-Mercedes dealer. I think Mercedes will only sell a warranty for a Mercedes purchased from a Mercedes dealer or from the Mercedes owner who had the car while it was under warranty. Need to check this out before cancelling. I expect you cannot get a 100,000 mile warranty from a Mercedes dealer at this price. Let us know what you find out.
i was the second owner for my gl550 and bought it from a jaguar dealership. I called a MB dealership later and purchased the warranty no issues. Vin+ credit card and mailed some paperwork. I went to local dealership a few weeks later to check and it showed up in their systems.
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Member
Joined: Jun 2016
Posts: 140
Likes: 12
2008 Evo X GSR & 2014 GL550 & 2012 A6 3.0T
I would cancel it immediately, you typically have a month to cancel with full premium refunded.
http://www.mercedesbenzcary.com/exte...y-pricing.html
you overpaid, go call any MB dealership and get quotes for a ELW and all you need is your vin and you can buy via credit card over the phone.
The MB warranty typically is better than an aftermarket.
http://www.mercedesbenzcary.com/exte...y-pricing.html
you overpaid, go call any MB dealership and get quotes for a ELW and all you need is your vin and you can buy via credit card over the phone.
The MB warranty typically is better than an aftermarket.
Super Member
Joined: Jul 2003
Posts: 963
Likes: 122
From: Illinois
2014 Mercedes-Benz GL63 AMG
Good to know, there are some members here in the MB Finance division that gives good deals so best to seek them out or search the forums for them.
I only posted that link since it's possibly the only dealership that publicly posts the prices. You can get anywhere from 0-20% off from what I've seen MSRP.
I bought mine from a dealership in Florida (Fields Auto Group). When I sold my car, I got a full refund from them within 2 weeks. So I've had great experiences and therefore bought the maximum CPO ELW right away.
I only posted that link since it's possibly the only dealership that publicly posts the prices. You can get anywhere from 0-20% off from what I've seen MSRP.
I bought mine from a dealership in Florida (Fields Auto Group). When I sold my car, I got a full refund from them within 2 weeks. So I've had great experiences and therefore bought the maximum CPO ELW right away.
Junior Member
Joined: Sep 2016
Posts: 24
Likes: 2
2019 Lexus GX460
Before you cancel make sure Mercedes will warranty this car since you bought it from a non-Mercedes dealer. I think Mercedes will only sell a warranty for a Mercedes purchased from a Mercedes dealer or from the Mercedes owner who had the car while it was under warranty. Need to check this out before cancelling. I expect you cannot get a 100,000 mile warranty from a Mercedes dealer at this price. Let us know what you find out.
Junior Member
Joined: Jul 2007
Posts: 18
Likes: 0
I just purchased a CPO 2103 GL550 in CA from an MB dealership. Car had 27K mile on it. Original warranty goes up to middle of 2017, CPO warranty covers 1 year (no charge) to middle of 2018. They offered me $3,400 for a 2 yrs extended warranty w/ unlimited miles through MB. They won't move on the price because they said it's set by MB, not the dealer. But I was able to get a better deal on the financing because I purchased it. Piece of mind.
Hope that helps.
Hope that helps.
Super Member
Joined: Jul 2003
Posts: 963
Likes: 122
From: Illinois
2014 Mercedes-Benz GL63 AMG
I just purchased a CPO 2103 GL550 in CA from an MB dealership. Car had 27K mile on it. Original warranty goes up to middle of 2017, CPO warranty covers 1 year (no charge) to middle of 2018. They offered me $3,400 for a 2 yrs extended warranty w/ unlimited miles through MB. They won't move on the price because they said it's set by MB, not the dealer. But I was able to get a better deal on the financing because I purchased it. Piece of mind.
Hope that helps.
Hope that helps.
Newbie
Joined: Nov 2016
Posts: 12
Likes: 1
2013 GL450
I purchased 2014 GL550 which has 34,500 miles on it.
At the time I purchased, I bought 5 year (from the purchase day) / 100,000 miles (odometer reading) together. Which made me pay $5,000 more top on the vehicle cost.
Eventually, which will give me additional 3 years and 9 month / 50,000 miles
after factory warranty is expired.
Did I pay too much?
At the time I purchased, I bought 5 year (from the purchase day) / 100,000 miles (odometer reading) together. Which made me pay $5,000 more top on the vehicle cost.
Eventually, which will give me additional 3 years and 9 month / 50,000 miles
after factory warranty is expired.
Did I pay too much?
Last edited by ejzach; Nov 8, 2016 at 05:17 PM.
Senior Member
Joined: Aug 2016
Posts: 262
Likes: 30
2014 GL450
@ejzach do you drive very little each year? Since warranty is capped at miles, if you are a typical driver who puts on 12k miles per year, effectively you have warranty coverage for about a little over 6 years (125,000 - 50000 = 75000).
Still great since you can't get a CPO coverage for that long. Considering the price, CPO for 2 additional years is roughly $2700. Or $1300/yr at any MB dealership compared to yours at a more realistic price of $983. Unless of course you put only ~ 7500 miles per year for 10 years.
Still great since you can't get a CPO coverage for that long. Considering the price, CPO for 2 additional years is roughly $2700. Or $1300/yr at any MB dealership compared to yours at a more realistic price of $983. Unless of course you put only ~ 7500 miles per year for 10 years.
Member
Joined: Jan 2014
Posts: 247
Likes: 17
From: Chicago, IL
2015 - GL 550
That translates to approximately $1,400 per year of extended warranty, which seems pretty high. I just purchased a 2013 GL450 for $35,995 which has 46,000 miles on it. At the time of purchase, I bought a 10 year (from date of purchase / up to 125,000 miles) bumper to bumper extended warranty with $0 deductible if serviced at the same dealership where i bought the car from. I paid $5,900 on top of the vehicle cost which will give me additional 9 years and 8 months / 79,000 miles after factory warranty expires, which is approximately $610 per year. I shopped around for extended warranty prices right after, as I was given a 30-day window to cancel at no penalty. I got a quote from 4 different companies with varying figures but the average was around $1,000 per year of extended warranty. I normally keep my cars for ~7 to 10 years so I was originally looking for a 7-year extended warranty plan, but since the price for the 10 year was attractive, i ended up getting it.
hope when one of your shocks blow up they honor the claim or when any other expensive parts go off they cover the labor or dont use a re-manufactured part, or ask you to pitch in some $$$. I had these kind of warranties from dealership only and things changed drastically when went in for the claim with same dealership. And as you are just bound to one dealership, hope you car does not break down when you travel out of boundaries.Better to have in writing everything they promised.
Thanks
Newbie
Joined: Nov 2016
Posts: 12
Likes: 1
2013 GL450
@ejzach do you drive very little each year? Since warranty is capped at miles, if you are a typical driver who puts on 12k miles per year, effectively you have warranty coverage for about a little over 6 years (125,000 - 50000 = 75000).
Still great since you can't get a CPO coverage for that long. Considering the price, CPO for 2 additional years is roughly $2700. Or $1300/yr at any MB dealership compared to yours at a more realistic price of $983. Unless of course you put only ~ 7500 miles per year for 10 years.
Still great since you can't get a CPO coverage for that long. Considering the price, CPO for 2 additional years is roughly $2700. Or $1300/yr at any MB dealership compared to yours at a more realistic price of $983. Unless of course you put only ~ 7500 miles per year for 10 years.
Last edited by ejzach; Nov 9, 2016 at 02:22 PM.
Newbie
Joined: Nov 2016
Posts: 12
Likes: 1
2013 GL450
All the 3rd party warranties dealer sells are hope when one of your shocks blow up they honor the claim or when any other expensive parts go off they cover the labor or dont use a re-manufactured part, or ask you to pitch in some $$$. I had these kind of warranties from dealership only and things changed drastically when went in for the claim with same dealership. And as you are just bound to one dealership, hope you car does not break down when you travel out of boundaries.
Better to have in writing everything they promised.
Thanks
hope when one of your shocks blow up they honor the claim or when any other expensive parts go off they cover the labor or dont use a re-manufactured part, or ask you to pitch in some $$$. I had these kind of warranties from dealership only and things changed drastically when went in for the claim with same dealership. And as you are just bound to one dealership, hope you car does not break down when you travel out of boundaries.Better to have in writing everything they promised.
Thanks
Last edited by ejzach; Nov 9, 2016 at 02:00 PM.
Member
Joined: Nov 2015
Posts: 154
Likes: 4
2019 Porsche GT3, 2013 Mercedes G550, 2024 Ford F150 Raptor, 2024 Tesla Model Y
All the 3rd party warranties dealer sells are hope when one of your shocks blow up they honor the claim or when any other expensive parts go off they cover the labor or dont use a re-manufactured part, or ask you to pitch in some $$$. I had these kind of warranties from dealership only and things changed drastically when went in for the claim with same dealership. And as you are just bound to one dealership, hope you car does not break down when you travel out of boundaries.
Better to have in writing everything they promised.
Thanks
hope when one of your shocks blow up they honor the claim or when any other expensive parts go off they cover the labor or dont use a re-manufactured part, or ask you to pitch in some $$$. I had these kind of warranties from dealership only and things changed drastically when went in for the claim with same dealership. And as you are just bound to one dealership, hope you car does not break down when you travel out of boundaries.Better to have in writing everything they promised.
Thanks
All extended warranties have profit build in. Not sure why people don't recognize this for what it is... just a way to give some piece of mind and not that you'll be able to beat an insurance company over time. So makes sense that they'll always try to get an out of some sort.
Member
Joined: Jan 2014
Posts: 247
Likes: 17
From: Chicago, IL
2015 - GL 550
All extended warranties have profit build in. Not sure why people don't recognize this for what it is... just a way to give some piece of mind and not that you'll be able to beat an insurance company over time. So makes sense that they'll always try to get an out of some sort.
They will always find a crack and slip through and no matter how hard you go on them they will make you loose. I would say better take your money back and instead extend your CPO warranty which is more realistic and then when you are at end to the warranty period buy this warranty...
I have dealt with 3 warranty companies and trust me not every one is Trump to get easy 270 Electoral vote
Junior Member
Joined: Feb 2013
Posts: 66
Likes: 0
BMW M5
$3,750 for a 7 year 100,000 warranty seems like a great deal on a 2014 GL350. My wife loves the truck so I can see her keeping it. It's coming up on 3 years old and had 40K.
Please post links of the best dealerships to buy extended warranties from.
Ant
Please post links of the best dealerships to buy extended warranties from.
Ant
Member
Joined: Apr 2016
Posts: 142
Likes: 23
2013 GL350
Just purchased an MB EW for my 2013 GL350. More for piece of mind then anything else. My local dealership quoted me some foolish price (7k??), so I researched all the various recommendations/costs posted on this forum. I went with ;
Jeffrey Santos
Business Manager
Mercedes Benz of Elmbrook
International Porsche/Maserati
Phone:262-821-5000 EXT: 349
Fax: 262-785-4167
Email: jsantos@mbofelmbrook.com
very responsive. I waited too ling and only had a day or two to activate. Jeff made sure I activated within time. The other folks didnt respond to my calls/emails, except for one other.
Paid $4,100 for 7/100k which was the longest one.
Jeffrey Santos
Business Manager
Mercedes Benz of Elmbrook
International Porsche/Maserati
Phone:262-821-5000 EXT: 349
Fax: 262-785-4167
Email: jsantos@mbofelmbrook.com
very responsive. I waited too ling and only had a day or two to activate. Jeff made sure I activated within time. The other folks didnt respond to my calls/emails, except for one other.
Paid $4,100 for 7/100k which was the longest one.
Newbie
Joined: Nov 2016
Posts: 12
Likes: 1
2013 GL450
@ejzach do you drive very little each year? Since warranty is capped at miles, if you are a typical driver who puts on 12k miles per year, effectively you have warranty coverage for about a little over 6 years (125,000 - 50000 = 75000).
Still great since you can't get a CPO coverage for that long. Considering the price, CPO for 2 additional years is roughly $2700. Or $1300/yr at any MB dealership compared to yours at a more realistic price of $983. Unless of course you put only ~ 7500 miles per year for 10 years.
Still great since you can't get a CPO coverage for that long. Considering the price, CPO for 2 additional years is roughly $2700. Or $1300/yr at any MB dealership compared to yours at a more realistic price of $983. Unless of course you put only ~ 7500 miles per year for 10 years.
