After looking, researching and lots of phone calls, I ended up going with fellow benz owner for coverage on my 2003 E55. James (theautoclub.com 1-866-247-3728 ext 222) sold me a 3yr/100k mile $0 deductable platinum warranty with Mercury Insurance Group for only $3430.. 20% down and 10 payments.. It covers almost everything, and it is pro-rate refundable if i sell the car. They also offer several other levels, but i went with the most coverage i could get. Heck, most warranty companies will not even cover an AMG, and if they do its well over $4k. James is a very cool and informative, i highly recomend giving him a call...

 

since you are close to Austin . . .
maybe i could sell you my warranty gold policy for like one dollar or something
then you could go down to the courtroom and try to shake some money out of their lawyers or something
dude . . . these guys are really good. i mean, REALLY good.
same story now. same good ratings, reliable insurance and REINSURANCE.
so many years in business.
all the same story over again, even the same CEO . . .
i'm really surprised you talked to James and not Louie Tamez.
Next time you call try to ask for Louie i wonder if he is in on it too.

fiy, i bought my policy on june 5, 2003 only to find out later that all policied purchased before june 7, 2003 were junk, they were worth 0, not the 3K+ dollars i paid for mine.
You know, Louie was very good to me, he was very informative, he convinced me that i was really special, that he could, just for me, go the extra mile. not just 100K miles but also 7years to throw in, a few extras like road side assistance for FREE. he was really selling it to me and he wasn't too desparate so i wouldn't feel suspicious. and yet he threw in all that free stuff with it. i was thinking man . . . how can they do this? do they reallize how expensive that tranny is?
but he KNEW for sure that they'll go chapter 11 soon and my policy will be worth shaisse. but how could he have known? after all, it wasn't them who went bankrupt first, but their insurer! how did he know? he was just that good.
he was really good and smooth and i was an idiot and lost 3K+.
learn from my mistake friends. don't fall for "too good to be true".

 

WOW!!!
Why not get it through the dealer / MBUSA?

 

These guys are not trying to help you find coverage for your beast. I see the same thread posted on benzworld.org. They are giving you misleading information!!!!!!!!!!!!!!!!!!!!!! Lets try to keep it true and give real option not advertising!!!!!!!!

http://www.benzworld.org/forums/foru...&posts=1&fid=7

 

He posted the same crap on C32/C55 forum on this site.


Rgds,
Norm

 

I paid less for more coverege directly from my dealer.

~ Ian

 

If you are too late to get it through the dealer, look up Daimler Chrysler's extended warranty. They are absolutely the best. I had a 100k coverage on my 2000 ML 55, it had cams, rockers, lifters, tranny, and a whole slew of other items replaced on it covered by the warranty. I can find the number if you want but I bought mine through Lisa Lehrbaum at Chino Motors in Cali. Look around before you shell out 3 grand!

 

i'm glad the fraud is getting exposed early before more people get screwed.

 

wow... this is scary stuff.. and you guys are paranoid. with good reason too... after reading the posts i got scared and call the auto club up and asked them about warranty gold and mr tamez... well they told me that warranty gold was insured by a risk retention group that went chapter 11.. the auto club provided the road side assistance coverage for them.. and they said that they are still providing this service to those customers even though warranty gold went under.. however.. on my deal.. the auto club is the selling agent for the actual insurance provider (american mercury insurace group) and from what i have read and researched mercury insurance is a good company that has been around for a long time and i fell that they will be around for at least 36 more months... and all i was trying to do was help out others looking for an extended warranty.. i would hope that others would do the research before buying... following is an email i recieved from the auto club after i asked them about warranty gold...


You will find that there are many differences in extended warranties. Much like your auto insurance where you can choose name brand companies such as State Farm, Mercury and Nationwide or the small second tier companies. I would assume that you would only select the name brand companies to cover your home or auto. What most people don't know, is the same name brand coverage is available from our member based company, The Auto Club. Most other online or direct mail warranty companies are insured by very small second tier insurance companies called Risk Retention groups (RRG's).

Always verify everything you are being told (including what you are told by us). Review the contract and definition of "We, Us and Our." You want to make sure that the company listed is the one you are told verbally. Also review who is insuring the contract under the insurance section. This is where you need to verify that the insurance company listed in the contract is at least "A" rated by AM Best. If someone suggests the contract is "double insured" with re-insurance, check to make sure that the re-insurance company is listed in the contract as back up insurance. You will notice that though a warranty company may tell you that your contract is reinsured, the reinsurance is nowhere listed within your contract.

Please review the attached information or give me a call to begin coverage. I am available Monday through Friday until 8pm (CDT). Our website, www.theautoclub.com is also a great source to learn about our company and extended warranties as a whole.

NATIONWIDE PROTECTION: Coverage provided throughout the Continental United States and Canada.

FAST FRIENDLY CLAIM HANDLING PROCESS: If you need claims assistance, our professional claims staff is simply a phone call away. Most claims are handled in just one call.

FREEDOM OF CHOICE FOR REPAIRS: You may take your vehicle to any licensed repair facility.

INCREASED RESALE VALUE: Your Comprehensive Vehicle Protection Plan is transferable to a new owner if you sell your vehicle.

DEDUCTIBLE: Three deductible options available to meet your needs.

SAVINGS: Save up to 60% off what you would expect to pay at a dealership.

FINANCING: Customized payment plans make it easy to purchase with terms to meet nearly every budget.

CLAIMS: Authorized repairs are paid directly to the repair facility by the administrator via credit card or check. If needed, the administrator will reimburse you for authorized repairs.

Mercury Insurance Website:

http://www.mercuryinsurance.com/corp...anyprofile.asp

Click Below For Our BBB Report

http://www.bbbonline.org/cks.asp?id=10208091054025387

****Click on the link below for additional information on RRG'S vs. OUR INSURANCE COVERAGE

http://www.theautoclub.com/warranty/..._insurance.jsp



Respectfully,



Bob Henfey

Member Benefits Manager

The Auto Club

866 - 247 - 3728



Monday - Friday

8am - 8pm



Saturday

9am - 5pm

Central Time



bhenfey@theautoclub.com



www.theautoclub.com

 

get the facts straight . . .
autoclub CEO is the same guy who ran the warranty gold scam.
warranty gold also had backing by an insurer and also was in business for a long time.
however, the money disappeared in the cayman islands . . .
do you want your money to disappear there as well?
or are you just trying to earn a better deal from them by sending more people there?
remember how ponzi schemes work . . . new people go in, that pays for existing members. don't be a part of that. that is a scam.

 

ok "hangup".. i give.. what do you suggest as far as buying an extended warranty... i went to the mercedes dealership in tyler texas and they tried to sell me an extended warranty from a company called "service gaurd"... this is when it all started.. i posted on this board about a month ago about this

https://mbworld.org/forums/w211-amg/108314-warranty-about-up-now-what.html

after reading those posts.. i went to my credit union... they tired to sell me the same company "american mercury".. i talked to the mercedes dealership in texarkana texas.. they tried to sell me on some other company for $5200... i talked to the service manager about aftermarket extended warranties and he told me to ask them how they pay and other things that he thought were important.. i did and talked to him again and told him it was american mercury that i was thinking about going with.. and he said he had worked with them before and that they always paid without any problems... i even called american mercury up to get a quote directly but they only work through agents like the auto club... so thats who i went with.. i am getting nothing from them for telling people about them.. i just thought they was giving me a good deal and thought others would like to know about them...

 

i'm not selling or referring anyone to any extended warranty place.
i'm just trying to save others from the same mistake i made.

if i had to go thru the same thing again, i'd probably invest that money instead and took a risk. if something goes, i buy parts for cheap and fix it myself.
it takes some time but hey there is no such thing as "something for nothing".
also, some DIYs could be enjoyable too.

keep in mind when warranty company has to pay for your repairs they know you'll go to the dealer, dealer will charge 250% for the parts + 150$/hour.
heck they were trying to charge me 350 bucks for changing the air filters!!!
You can get them online for 16 bucks a piece. that's 32 total and about 15 minutes to put that in.
so the warranty company has to charge you a lot of money to cover all that.
or if they offer a "too good to be true" type of a deal, then it is probably because they'll use new people's premiums to cover for all people's repairs.
that is a pyramid scheme that you'll end up paying for.
and they'll open up another company and start from scratch.
their ratings are always going to be AAAA++++ too
just like warranty gold ratings were.

 

i thought thats how all (auto home life) insurance companies work.. hey you maybe on to something.....
and i am all for doing it yourself stuff.. heck i have done alot.. im running 11.50 @ 119mph.. and that wasnt done by going to the dealership or anyother place for that matter.... but when i break a rear end or a tranny.. i want to be covered... and thats what i am looking for..

 

i hear you, i'd love to be covered too. that's why i fell for warranty gold
i hate to say it, but i think the only way to be covered for those major repairs is to buy a new car and keep it for the warranty period or better yet lease it.
we who buy used cars are trying to ride these 60k+ monster cars without paying too much in fact i paid less than half of the MSRP when i got my car only slightly used.
obviously, there is a price to pay somewhere
if my tranny goes i'll be screwed out of some major dough, but that's life. so i'll try not to kick the crap out of it and do preventative maintenance on it too.
if i was "covered" with the tranny do you think i would care for changing tranny oil or not going easy on it? i don't think so
so the guy who is going to sell me the warranty is not an idiot, he knows that too

maybe when i buy my next car i should look around for a "better" deal, for a manufacturer who will give me warranty on the tranny and other major parts for longer?
but then again, life is too short to drive anything else than a MB ///AMG

 

Well "Said"

 

Just trade it in before the warranty expires. What car nut can keep a car past 4 years when there's always newer and nicer (and a lot faster).