SL/R231: aftermarket warranties: exclusionary vs. not
MBWorld Fanatic!
Joined: Jun 2012
Posts: 1,022
Likes: 231
From: In the minds of others rent free.
SL 400
Interesting.
I know on my prior car I had GAP coverage, but when I sold the car they sent me a check for the amount that I hadn't used or something. I thought it was kinda the same thing with the ex warranties.
I know on my prior car I had GAP coverage, but when I sold the car they sent me a check for the amount that I hadn't used or something. I thought it was kinda the same thing with the ex warranties.
SPONSOR
Joined: Apr 2021
Posts: 1,567
Likes: 475
From: Scottsdale, Arizona
2001 E55AMG
Most likely not, If you do not use the full amount of your warranty, I would call it the cost of "peace of mind".
MBWorld Fanatic!
Joined: Dec 2015
Posts: 1,634
Likes: 521
From: Hagerstown MD
2015 SL400; 2019 X5M40i
I have cancelled a couple "extended warranties". One was a factory BMW 7 year plan on a Z4. I sold it after 5 years so I had 2 years left. They cut me a check for a prorated refund since I had not used the plan for any covered repairs.
Similar situation on a C7 Corvette. I bought a factory 7 year plan. I traded the car after 4 years and received a prorated refund. In both cases I lost money as I paid for coverage I never used.
These plans are really treated like insurance policies in most states. In fact, some plans cannot be sold in certain states as they have not been approved by the state insurance commissioner or whatever he/she is called in a particular state.
I've about decided to "self insure" on the SL. I do plan to keep it another couple years before I trade for a newer model.
Similar situation on a C7 Corvette. I bought a factory 7 year plan. I traded the car after 4 years and received a prorated refund. In both cases I lost money as I paid for coverage I never used.
These plans are really treated like insurance policies in most states. In fact, some plans cannot be sold in certain states as they have not been approved by the state insurance commissioner or whatever he/she is called in a particular state.
I've about decided to "self insure" on the SL. I do plan to keep it another couple years before I trade for a newer model.
Super Member
Joined: Oct 2005
Posts: 997
Likes: 260
From: Frisco Colorado, USA
2024 GLB35 AMG, 2020 S560 Coupe
MB Warranty Transfer to New Owner
I'm sorry that I have not followed this thread completely and this may be already covered, but I do know that a MB factory warranty can be transferred to a new owner purchased through a private sale from the previous owner. If the car is traded to a MB dealer, the extended warranty cannot be transferred to a new owner who purchases it through the dealer; therefore an existing warranty has no trade in value.
Here are links to the MB warranty transfer program and the PDF transfer agreement. I have used this when selling my father's C300 to my best friend. (Thankfully he is still my best friend.)
http://mercedes-benz.custhelp.com/ap...i-transfer-the
http://mercedes-benz.custhelp.com/ci...+Agreement.pdf
Here are links to the MB warranty transfer program and the PDF transfer agreement. I have used this when selling my father's C300 to my best friend. (Thankfully he is still my best friend.)
http://mercedes-benz.custhelp.com/ap...i-transfer-the
http://mercedes-benz.custhelp.com/ci...+Agreement.pdf
