zitsky

For my last MB bought used I got a Chrysler extended warranty. For my 2020 I got one from the dealer when I purchased the vehicle. It expires in a year. Can I extend again with the dealer or can someone suggest a vendor for warranties?

The car is 4 years old with 15,000 miles. I bought it in 2022.

vincheung

Touch base with highline-autos.com who is also a sponsor of the forum, they offer a few warranty options with reputable companies. I had a fidelity policy years back on my e63 that worked very well for me when I had a major claim.

Highline-Autos.com

Hey @zitsky , my information is below, I'll be able to get you your Fidelity extended warranty information for your S560. Repairs accepted at all Mercedes-Benz dealerships or licensed indents in the US/Canada.

Trenton O. Gibson
tgibson@highline-autos.com
Highline Autos
Direct: 602.909.9216
Office: 480.348.0777

will_atl

@zitsky What's the in service date of your car? Mine is also a 2020, but didn't go into service until 2021, it looks like it sat on the lot during Covid!
If you are still under 4 years, you may eligible for a Mercedes Benz Extended Limited Warranty.

Katie22

Stick your money in the bank for a rainy day and revel in the fact that those that buy extended warranties most often never consume claim amounts that come close to what they paid for the warranty in the first place.

will_atl

Here's a great flowchart (https://www.cartalk.com/extended-war...ended-warranty)

Do you need an extended warranty?

Katie22

I might add that extended warranties are notorious for having pages upon pages in the declaration (something not easily seen by the buyer) that provide tons of ways out for the company to deny the claims if there is one. OR they provide partial payment. Otherwise put the fact is that often this PEACH OF MIND thing is a false peace of mind.

carlosinseattle

RIF. Some of you older people might remember that acronym. The older I get the more I realize that details are what matters. A warranty is the same as an insurance policy. How many of us would drive without comprehensive coverage? It's basically the same calculus in the end. Yes, most of us will never use the warranty enough to get our money back, but just one repair could cost more than the price paid for the warranty. I like the infographic posted by @will_atl . Primary reason to consider it is the cost of a medium or major repair with one of these cars. A valve cover gasket job like one of the members just did on his 20 S580 would cost more than the cost of the warranty. The other factor is how long you plan to keep the car. A warranty isn't a good or bad thing, but it might be the best decision for one person and not so much for someone else. Trent from @Highline-Autos.com will send you the paperwork to read ahead fo time. Read it, then let your attorney friend read it, then have your indy shop service writer read it. At that point, you will know if it's right for you or not. Reading Is Fundamental.

zitsky

Lol. I can see you’ve never owned a Mercedes-Benz. I’ve had three.

I used my Chrysler warranty A LOT.

Katie22

So aside from your crystal ball about me owning a Mercedes,. are you insinuating that these cars are terrible and that you continue buying them over and over again because your happy with poor quality products? I am only asking because it sounds like it.

I still stand by the fact that warranty companies are a money maker for the dealer and rarely do people ever recover over what they paid for them. As a matter of fact the consumer groups are flooded with peoples complaints about how they were denied claims. Youtube is filled with videos from people talking about how these products are not good. Lat of all i find it funny that anyone who owns an S Class would be scarred of any possible repair bills as if they are broke and cant afford a few thousand dollars.......

zitsky

Please tell me where you got your engineering degree and how you manage to build cars with no defects after the warranty period. I’m just an MBA so I don’t know much about finances.

I didn’t buy the Maybach because I can’t afford it. I didn’t buy it because I didn’t like it. Arguing with someone who spends six figures on a car. 😂

lol X 1000

Katie22

One need not be an engineer to read and study the math and statistics that bear out as to the reliability of a car. Nobody can say a car will be perfect BUT mathematically a car is not likely to have repairs that exceed the cost of the extended warranty between the 50k end of the factory warranty and the end of the extended warranty. IF it was likely the warranties would not be sold dont you think? I might also point out that warranties dont even come close to covering costly repairs that are simply considered wear and tear like tires, brakes, suspension. Of course if someone takes the time to read the declaration (which the companies try to hide from you as long as they car) they will discover ALL the exclusions that allow the warranty company to deny a claim. Come to think of it I cant imagine the stress of flighting with a warranty company for a claim to be approved. Ill pass and take my chances I didnt go broke buying the car and can afford to fix it IF the problems arise.

zitsky

I guess I’m just a dummy that keeps spending money on warranties when my car never has problems. I was the worst student in my MBA class. You may be on to something. Maybe I should have spent more time in finance and less in tax accounting.

Katie22

I know this might be a surprise but did it ever cross your mind as to the fact that these warranties are sold at the same time they sell nitrogen tire fills, magic carpet protection, paint film, window film all at huge markups? And we should not forget that the age old FEAR based selling tactic of what COULD happen.................. Or even better these cars are very complex.............. as if they have not been complex for several decades and again math bears our that cars have never been more reliable than they are today.

But why would you who insinuates that Mercedes are bad products continue to buy them where there's other companies out there?


PS if you feel inclined to read the declaration of your warranty you might discover that in the event of a claim they will use aftermarket parts or used parts at thier discretion. I dont know about you but thats scarry in its own right.

zitsky

Well I bought all that stuff. The armor all makes my Benz so shiny. I guess my mother was right. I really am a dummy. 😭

I bet you drive without insurance and don’t have a rental or home insurance policy. Good luck with that.

Katie22

Well car insurance is required by law but your correct I dont have home ins since I own my home and can afford to fix or rebuild it because as I said earlier put your money in the bank or investments for a rainy day.

So why do you keep buying cars that you yourself insinuate are poor quality and apparently suck by your description?

Also I would love to see some statistics that indicate that buying and extended warranty is a great idea..............ill share one stat from Consumer Reports about extended warranties. Cr seems like a trusted source for info i would hope to think http://www.consumerreports.org/cars/...r-a1570471227/

tx170754

Your car has only 15,000 miles, how many miles you think you will put on it in the next, let's say 3, 4 years, if you will drive the car a lot then, probably, an extended warranty make sense ,otherwise I wouldn't spend money on it. If you really want one look for an exclusionary one, it will tell you up front what it is not covered.
Good luck !

vincheung

I get what Katie22 is recommending, agree with her explanation, and its not exactly a right or wrong type of decision. The warranty companies are in business to make money and they do it by "selling" the fear factor and plant the "this policy will save you $$" seed to let it grow roots. With that said, you'll have to decide whats right for you and if that will help you sleep at night.

I had a fidelity powertrain policy on my e63, paid probably close to 6k for it. Towards the end of the term it did pay out close to 13k without any jumping though hoops for a major repair so it did work out for me, so I can recommend them if you come across a quote from them. When it was time to consider warranty on my s63, I gave it some thought and did a good amount of reading/research into whether there are identified known or unpreventable catastrophic issues I would be facing. Ultimately, I took the same approach as Katie22 by tucking away the monies that would otherwise be spent on the policy as the s63 overall was quite reliable.

My wife's GLE580, she did opt for the extended warranty because she was more comfortable with the security blanket aspect of it. Now is it a Win or Lose? I wouldn't think about it with that mindset, everyone wants a good return on investment, no one wants any major issue either regardless of the warranty coverage, and no one ever wants to part with hard earned money for any reason whether it is paying for repairs or paying for warranty. Ask yourself if its a better to take that lump sum and invest/allocate it the way you want, or if you are happier with the coverage warranty co may potentially provide you.

zitsky

Is anyone willing to pay for the repairs on my S560 when the extended warranty expires?

Insurance is a scam and people just need to put money in the bank because it’s guaranteed to be enough to fix your car or rebuild your house?

Katie22

I said this before but you didn’t seem to get what I said so I’ll say it again. Read the declaration of your extended warranty, you know the 20 plus pages of fine print that says what is covered. Then research the consumer reports about how a great deal of claims are denied………….. To assume that an extended warranty is going to cover these potential expensive repairs is well interesting to say it lightly.

it would be interesting to poll all those people here in the forum that brought an extended warranty and ask them if they consumed more in claims than what they paid for the warranty. I would bet like the stats bare out that most never do. If that’s not enough factual info to sway you I would like to sell you some magic dust that will protect your car from cosmic rays.

zitsky

First you call me stupid. Now you say I can’t read? This is like the Trump-Biden debate.

I took a class in contract law to get my MBA. I know how to read a warranty.

Katie22

Well let me see here. Someone says they owned three of these cars and that I never have and then insinuate that they are poor quality. One might ask what kind of person buys a poor quality product three times over?

I do recall you keep mentioning your education. It does not take an education to read stats and consumer reports and understand these products very likely cost a person more than they will recover from them. You don’t even need to take my word for it simply look on the web and you will see.

homestly I don’t care what you feel you need to spend your money on I do however care about suggesting people need buy extended warranties and I am here to point out that they stand to spend more money on them than they will ever recover from the warranty.

zitsky

You keep insisting that a warranty means poor quality. So you always buy things without warranty because that means they are GOOD quality, right?

Guess what genius? Maybe you should let the OWNER decide if they think a warranty is a good idea? I don’t see you agreeing to pay for my repair costs.

I mention my education because you keep telling me that I’m too stupid to understand that I shouldn’t buy a warranty, according to you.

C280 Sport

Wrong comment to the wrong person lol. I believe this user has a AMG GT and a Maybach.

For me I usually do not extend the warranty’s but on some cars it’s definitely not a bad option if the car has many complex parts. However, I always say if you can’t own it without a warranty then you can’t afford it. Sometimes it may not be about the $. Piece of mind however is always nice.

zitsky

No it was the right comment to the right person who made a comment about someone who they know nothing about. I knew exactly what I was writing. Did they?

The point is, let the person who buys a car decide whether to buy a warranty. I REALLY don’t appreciate being told that I’m just a sucker who is too stupid to know when he’s being ripped off.