Extended Warranty vs. Resale Value
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Joined: Jul 2005
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2003 SL500
Extended Warranty vs. Resale Value
Without trying to get into the pros and cons of extended warranty, I’m trying to get an opinion on just how much and extended warranty adds to the resale value of a newer car. For example a 05’ E55 with 3 years left on factory warranty: An extended warranty (bumper to bumper, $0 deductible, 3 additional years or 100k total miles) costs $3400 at this time. How much would it add or not add to the resale value 2 or 3 years from now? Any thoughts would be appreciated. Of course anyone buying a used car would prefer an extended warranty on the vehicle but at what additional price? Thanks
Glenn B.
Glenn B.
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From: South Florida
STS,FGT,12C,P85D,M4
I think it depends on when you sold the car.... if you sell while it's still under the original 4/50k warranty, then the buyer can extend the warranty themselves with MB...
if you sold after the 4/50k was up, the MB extended warranty options are most likely gone.... so having the extended warranty at that point will certainly fetch you a premium over a car with no warranty/warranty options...
if you sold after the 4/50k was up, the MB extended warranty options are most likely gone.... so having the extended warranty at that point will certainly fetch you a premium over a car with no warranty/warranty options...
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Joined: Jan 2004
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From: Salt Lake City (but not Morm)
2003 E55 & 2014 GL550
1395 E. Presidents Circle • SLC, UT 841121395 E. Presidents Circle • SLC, UT 84112
See, that's what I thought, then I called my local MB dealer and they literally told me I was SOL when I purchased my used E55. Unless you buy it new, no dice they said. Course they coined the phrase "stealership" so who knows.
Also, had a massive extended warranty on my ole E500 and literally got nothing out of it as far as resale.
Just my 2 cents....
I think it depends on when you sold the car.... if you sell while it's still under the original 4/50k warranty, then the buyer can extend the warranty themselves with MB...
Also, had a massive extended warranty on my ole E500 and literally got nothing out of it as far as resale.
Just my 2 cents....
Super Member
Joined: Jun 2005
Posts: 771
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From: USA
E550
I got it on my 04, but i plan on keeping it for at least 4 or 5 more years. IMO, i would not own one of these kompressor's without a warranty, could you imagine a catostrophic engine failure out of your own pocket? I really dont think it adds much resale value to the car, just owner confidence if you plan on keeping it for a lenght of time. I almost forgot to mention, if you have an 04, extending the warranty also extends the free service and maintenance.
Last edited by lauer87; Apr 14, 2006 at 12:06 AM.
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From: Area 3
G63, AMG GT S
Originally Posted by Jakpro1
1395 E. Presidents Circle • SLC, UT 841121395 E. Presidents Circle • SLC, UT 84112
See, that's what I thought, then I called my local MB dealer and they literally told me I was SOL when I purchased my used E55. Unless you buy it new, no dice they said. Course they coined the phrase "stealership" so who knows.
Also, had a massive extended warranty on my ole E500 and literally got nothing out of it as far as resale.
Just my 2 cents....
See, that's what I thought, then I called my local MB dealer and they literally told me I was SOL when I purchased my used E55. Unless you buy it new, no dice they said. Course they coined the phrase "stealership" so who knows.
Also, had a massive extended warranty on my ole E500 and literally got nothing out of it as far as resale.
Just my 2 cents....
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Joined: Mar 2006
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From: San Rafael, CA
00 E55 AMG
Originally Posted by Fikse
...if you sold after the 4/50k was up, the MB extended warranty options are most likely gone.... so having the extended warranty at that point will certainly fetch you a premium over a car with no warranty/warranty options...
