Need new Transmission! Went bad at 70k on my 2007 mercedes benz S550
In almost every case, coverage won't begin until at least 30 days and 1000 miles after you purchase coverage. They may even send somebody out to inspect your car for preexisting conditions....such as your transmission problem. Don't expect to purchase coverage just so you can get your trans fixed as the warranty company will likely sniff that out.
If your mechanic is telling you that a valve body replacement will get your tranny working again, then that is no guarantee that your trans won't have future problems. The 7 speed auto in the W221 is well known for its problems, especially the pre-facelift cars. These cars can get extremely expensive to keep on the road as they age and accumulate miles. You've got the right idea about having a warranty, especially if you plan on keeping the car. But you are probably looking into it too late.
My Indie found me a remand unit including a new torque converter for $6k installed with a 2 year/unlimited miles warranty.
That tranny had every recommended service, plus an extra service right before it hit 100k and the CPO warranty expired. Zero indication anything was wrong and then one day the car wouldn't move.
Last edited by MB 2008 S550; Jul 11, 2017 at 08:24 PM.
An ABC car will have a button labeled as such on the dash where an AirMatic car will not. Virtually all S550's were AirMatic. All AMG variants (S63,S65) were exclusively ABC. S600 could go either way I think.
The Best of Mercedes & AMG
There is plenty of info to be found here regarding problems with the 7 speed auto in the S550. You might get lucky and have no problems with it at all during your ownership of the car. But you should plan for the worst as these cars are very expensive to maintain and repair as they age.



ENDURANCE
EASY CARE
FIDELITY
WARRANTY DIRECT
I would probably eliminate Warranty Direct and focus on the other 3 companies.
If anyone reading this thread that have had issues with your transmission or have already replaced the Valve Body, I would love to hear about your experience, . Primarily I would like to find out if after replacing the Valve Body if thats the end of problems with the transmission
https://mbworld.org/forums/s-class-w...-thread-2.html
Go to post 37 in this thread. I haven't updated it recently, but I have had at least one more claim to add once I feel like getting around to it,.
Last edited by DaveW68; Jul 12, 2017 at 04:03 PM.
If you live in the Chicago area, or you have a family member who works for any of the Baxter Healthcare companies, I can hook you up with my guy at Baxter Credit Union. I believe the car has to have been in service for less than 10 years to be eligible for coverage.



https://mbworld.org/forums/s-class-w...-thread-2.html
Go to post 37 in this thread. I haven't updated it recently, but I have had at least one more claim to add once I feel like getting around to it,.
Most insurers (and a 3rd party warranty isn't actually a warranty) make either a very thin margin on underwriting (premium less claims costs and overhead) or actually lose a little depending on what they get hit with in big settlements in any given quarter.
State Farm for example typically takes a 3-4% loss on its underwriting. Progressive on the other hand runs a tighter claims organization and often makes a small profit on underwriting, or at least they did when I worked there.



Most insurers (and a 3rd party warranty isn't actually a warranty) make either a very thin margin on underwriting (premium less claims costs and overhead) or actually lose a little depending on what they get hit with in big settlements in any given quarter.
State Farm for example typically takes a 3-4% loss on its underwriting. Progressive on the other hand runs a tighter claims organization and often makes a small profit on underwriting, or at least they did when I worked there.
Insurance companies take the pool of incoming premium dollars and invest it for growth, so that when claims arise they can pay them. That's why you can for example pay relatively little in premium and then have an insurer pay out $300,000 on your behalf to protect you from a crippling judgment because you accidentally ran a light and killed someone (or seriously injured them).
That's really what insurance is for. Not the fender benders or broken windshields. It's to protect you from financial ruin on the off chance you have a momentary lapse in attention and cause an accident that leaves you seriously exposed.
Of course, we're all very confident in our abilities as safe drivers, just like pretty much anyone who has ever caused a major or fatal accident that I handled was right up to the millisecond they weren't any more.







