CPO worth a premium?
Thread Starter
Newbie
Joined: May 2020
Posts: 3
Likes: 0
Porsche and Lexus
CPO worth a premium?
I'm in the market for an SUV and the GLS 450 has emerged as one of the options but I have been wondering if going CPO is "worth" it or not? There doesn't seem to be a big price difference but there is still a difference none the less. Looking at 2017-18 MYs at the moment, if that changes anything. Thanks in advance!
Junior Member
Joined: Mar 2018
Posts: 72
Likes: 18
From: Overland Park, KS
2013 SL550 Edition 1 and 2017 GLS 550
Hi RedBent,
I have a 2015 GL550 that was a CPO car. The warranty ended on 11/30/2019. I also purchased a two year Mercedes warranty that parrots the CPO one. $3,750 for the two year, so have until 11/30/2021 with a full Mercedes warranty. I purchased the car with 32,000 miles on it and it now has 64,400 miles.
Saying that, I would tell you that if you drive a lot of miles, I think the CPO is well worth the premium. The CPO is a better warranty than the factory warranty because it’s an unlimited mileage warranty, as is the 2 year extended one. I was fine buying the car and paying a premium for the CPO, and at the time the $3,750 for the 2 year extended, but thought long and hard last December about keeping the extended or cashing it in. I kept it for peace of mind only! If one of the turbos blows up, it’s big $$!
The GL550 has been a jewel with virtually no problems, although beware, because it eats up tires every 12k to 15k miles at about $1,300. I think it really depends on how much you drive and the history of dependability of the car. It really comes down to what peace of mind is worth! The GL series has been around quite a while and I think most of the problems has been worked out, so should serve you well. Regular maintenance is no different than the other MB’s. Oil/filter change every 10k and tires. I still haven’t had to replace the battery, which is surprising.
I have a 2015 GL550 that was a CPO car. The warranty ended on 11/30/2019. I also purchased a two year Mercedes warranty that parrots the CPO one. $3,750 for the two year, so have until 11/30/2021 with a full Mercedes warranty. I purchased the car with 32,000 miles on it and it now has 64,400 miles.
Saying that, I would tell you that if you drive a lot of miles, I think the CPO is well worth the premium. The CPO is a better warranty than the factory warranty because it’s an unlimited mileage warranty, as is the 2 year extended one. I was fine buying the car and paying a premium for the CPO, and at the time the $3,750 for the 2 year extended, but thought long and hard last December about keeping the extended or cashing it in. I kept it for peace of mind only! If one of the turbos blows up, it’s big $$!
The GL550 has been a jewel with virtually no problems, although beware, because it eats up tires every 12k to 15k miles at about $1,300. I think it really depends on how much you drive and the history of dependability of the car. It really comes down to what peace of mind is worth! The GL series has been around quite a while and I think most of the problems has been worked out, so should serve you well. Regular maintenance is no different than the other MB’s. Oil/filter change every 10k and tires. I still haven’t had to replace the battery, which is surprising.
Member
Joined: Sep 2006
Posts: 185
Likes: 28
From: Southwest Florida
2013 GL450
DEFINITELY ... bought my 2013 GL 450 with 40k+ miles so the CPO kicked in upon purchase; shopped around for the ELW (MB Extended Limited Warranty) ... check the forums here for where to get the best $$$ on ELW ... nothing catastrophic, but car has been in the shop here and there throughout the last 3 years and yeah, well exceeded the price of the ELW and the little extra for CPO ... 84,500+ miles and approaching the last month of ELW and debating on keeping it or finding another CPO
MBWorld God!
Joined: Jul 2010
Posts: 31,277
Likes: 3,916
From: on my way
2012 CLS63
I think I'd agree with the sentiment that it is a service that comes in handy: years ago I had a couple of CPO Pcars and whenever anything went wrong I was always covered.....not sure about MB though.
GL to ya!!
GL to ya!!
Thread Starter
Newbie
Joined: May 2020
Posts: 3
Likes: 0
Porsche and Lexus
Thank you all for your feedback! Definitely a different opinion on CPO vs non-CPO here than some of the other cars I've been looking at (BMW, Audi, and Lexus). Glad I asked as it sounds like MB CPO may be better than CPO from some of those other makes.
I'd like to say we will put about 1K/month on the vehicle, but as it is right now, we're closer to 150-200 and both my wife and I will be working from home for the foreseeable future. Interesting note on the tire wear - I'll need to look at that a little more, not that I would really consider that a deal breaker, IMO.
I'd like to say we will put about 1K/month on the vehicle, but as it is right now, we're closer to 150-200 and both my wife and I will be working from home for the foreseeable future. Interesting note on the tire wear - I'll need to look at that a little more, not that I would really consider that a deal breaker, IMO.
Member
Joined: Sep 2006
Posts: 185
Likes: 28
From: Southwest Florida
2013 GL450
Thank you all for your feedback! Definitely a different opinion on CPO vs non-CPO here than some of the other cars I've been looking at (BMW, Audi, and Lexus). Glad I asked as it sounds like MB CPO may be better than CPO from some of those other makes.
I'd like to say we will put about 1K/month on the vehicle, but as it is right now, we're closer to 150-200 and both my wife and I will be working from home for the foreseeable future. Interesting note on the tire wear - I'll need to look at that a little more, not that I would really consider that a deal breaker, IMO.
I'd like to say we will put about 1K/month on the vehicle, but as it is right now, we're closer to 150-200 and both my wife and I will be working from home for the foreseeable future. Interesting note on the tire wear - I'll need to look at that a little more, not that I would really consider that a deal breaker, IMO.
Trending Topics
MBWorld Fanatic!
Joined: Jul 2008
Posts: 8,384
Likes: 800
2019 G70 6MT & 2022 Ford Maverick XL
I have a CPO 2016 W212 that is covered until 10/11/2023 or unlimited mileage. I would disagree with an above comment that the CPO warranty is "better" than the regular warranty. It is not nearly as comprehensive as the 4/50 original warranty. But it will give you peace of mind.
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
Junior Member
Joined: Aug 2013
Posts: 54
Likes: 8
2004 CLK 55 Cabriolet
I go back and forth on CPO. I currently drive a 2014 C300 that was CPOd and I purchased the addl two years. It really does give piece of mind but I’ve had 0 problems with the car and haven’t used the warranty yet. I put about 25k miles/year (before pandemic) and have 108k on the C300 now.
My wife and I will buy an SUV probably within the next year or so (I have a couple threads here and on the ML forum) and we’ve talked abt whether we want CPO.
The question is whether we think the potential value outweighs the initial cost...IE, if we do not get the warranty, we will spend more than the warranty’s cost on maintenance.
We will probably end up going CPO but it seems like the X166 GLS models are fairly robust. Plus, the unlimited miles is great.
My wife and I will buy an SUV probably within the next year or so (I have a couple threads here and on the ML forum) and we’ve talked abt whether we want CPO.
The question is whether we think the potential value outweighs the initial cost...IE, if we do not get the warranty, we will spend more than the warranty’s cost on maintenance.
We will probably end up going CPO but it seems like the X166 GLS models are fairly robust. Plus, the unlimited miles is great.
Out Of Control!!
Joined: Sep 2018
Posts: 14,696
Likes: 4,587
From: unbegrenzt
2017 GLE350 4MATIC
CPO is a warranty. A warranty is an insurance policy. Insurance policies are priced to benefit the issuer over the long term. Insurance policies are not in the purchaser's financial interest, most of the time, over the long term. However, some purchasers receive a benefit in terms of better peace of mind, which overcomes the financial price paid. Insurance policies, where and when not required by law, are services purchased based on emotion.
The factory warranty, or insurance policy, is paid for in the purchase price of the vehicle. Whether or not the vehicle is new or preowned makes no difference. The premia can be seen in asking prices for preowned vehicles with factory warranty remaining.
CPO is an insurance policy that is less comprehensive than the factory insurance policy, as noted above. CPO issuers, when not the original manufacturer, can be more difficult to work with when it comes to arguing whether or not a claim is covered, or isn't, under the policy. To me this is a headache and uncertainty in a CPO policy, that negates any emotional benefit of buying the insurance policy in the first place. See the first paragraph.
To the original question - is CPO "worth" it? If you value the emotional benefit of insurance coverage, over the uncertainty of whether or not your repairs, if any, will be covered, then the answer is yes. If you are seeking your highest financial net worth scenario through this particular vehicle ownership, then the answer is no.
The factory warranty, or insurance policy, is paid for in the purchase price of the vehicle. Whether or not the vehicle is new or preowned makes no difference. The premia can be seen in asking prices for preowned vehicles with factory warranty remaining.
CPO is an insurance policy that is less comprehensive than the factory insurance policy, as noted above. CPO issuers, when not the original manufacturer, can be more difficult to work with when it comes to arguing whether or not a claim is covered, or isn't, under the policy. To me this is a headache and uncertainty in a CPO policy, that negates any emotional benefit of buying the insurance policy in the first place. See the first paragraph.
To the original question - is CPO "worth" it? If you value the emotional benefit of insurance coverage, over the uncertainty of whether or not your repairs, if any, will be covered, then the answer is yes. If you are seeking your highest financial net worth scenario through this particular vehicle ownership, then the answer is no.
Last edited by chassis; Jul 5, 2020 at 11:23 AM.
MBWorld Fanatic!
Joined: Aug 2003
Posts: 8,882
Likes: 1,214
From: In my garage
E55, GLS450, GL63, GLE350
The more complex the MB the more CPO is worth the price. With ADS Airmatic or ABC and you drive a lot, it is more than worth the cost. The piece of mind is worth it and then there is the fact that I've never had an MB warranty that did not cover itself and then a bunch more. Would I get it on a base C, E, GLE, probably not since there is not much that typically breaks and, if so, it's not that expensive to repair. S, SL, CL, GL/S, G, GT, GLE bi-turbo, yes, all day long I would buy the CPO cars and get the extension.
Member
Joined: Sep 2006
Posts: 185
Likes: 28
From: Southwest Florida
2013 GL450
The more complex the MB the more CPO is worth the price. With ADS Airmatic or ABC and you drive a lot, it is more than worth the cost. The piece of mind is worth it and then there is the fact that I've never had an MB warranty that did not cover itself and then a bunch more. Would I get it on a base C, E, GLE, probably not since there is not much that typically breaks and, if so, it's not that expensive to repair. S, SL, CL, GL/S, G, GT, GLE bi-turbo, yes, all day long I would buy the CPO cars and get the extension.
MBWorld Fanatic!
Joined: Nov 2012
Posts: 6,130
Likes: 1,117
A gaggle of MB's
This isn't rocket science - the fact is for a recent model pre-owned Mercedes - the competitive marketplace as noted by the OP - has narrowed the dollar gap between non-CPO and CPO - all other elements between two MB's being equal.
What is the only possible "advantage" of non-CPO between it and a "equal" CPO candidate - you "might" save a bit, but at the cost of higher risk.
What is the only possible "advantage" of non-CPO between it and a "equal" CPO candidate - you "might" save a bit, but at the cost of higher risk.
Super Member
Joined: Sep 2014
Posts: 850
Likes: 111
From: NYC
18 E63S
Front struts replaced with air bags
Rear air bag replaced with air line and brand new connectors.
Air distribution valve block replaced also.
I say CPO is very dam worth it.
Rides like dream now.
Rear air bag replaced with air line and brand new connectors.
Air distribution valve block replaced also.
I say CPO is very dam worth it.
Rides like dream now.
