Has anyone purchased a warranty recently?
#1
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2006 E55 AMG
Has anyone purchased a warranty recently?
Has anyone recently purchased a warranty on their 55? I have a 06 with 60k miles that I'm considering getting a warranty for.
#2
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Yep, I just purchased an NAC 100k total mile 4yr warranty for my 07 E63 with 38k miles. Paid $3750 including the option for the $0 deductible. Yes, it was a fantastic deal.
#5
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FWIW, I found out that with NAC, if your car is under 40k miles, they consider it "new" and the most you can get with Pinnacle plan is 100k total vehicle miles. If it's over 40k, then the miles of coverage you purchase are in addition to your current mileage. Had a few dealers that were giving different answers on this and ended up just verifying it with NAC.
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W211 E55, 911 turbo, 911sc, RX330
Got the NAC Platinum in August for my 05 E55 w/ 40k. Paid $2k for 4 year/50k, $50 ded. $0 ded would have been $200 more.
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Current 2014 Maserati Quattroporte and 2017 GLE 63 AMG retired 2007 E63 AMG
i got NAC pinnacle on 07 e63 with 36k miles for around $3300 for 4yrs 40k miles (76k total miles). havent tried using it yet though.
#10
#11
guys i'm a noob doing research on these cars so i'm hoping someone can clarify some things for me:
1) what are the main differences between an extended warranty and a CPO?
2) what does the extended warranty cover? i'm guessing it's not as comprehensive as the factory warranty on a new car, correct?
3) i googled NAC Platinum warranty mercedes and got nothing. can someone point me to their website please?
thanks a lot for your help
1) what are the main differences between an extended warranty and a CPO?
2) what does the extended warranty cover? i'm guessing it's not as comprehensive as the factory warranty on a new car, correct?
3) i googled NAC Platinum warranty mercedes and got nothing. can someone point me to their website please?
thanks a lot for your help
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3-five-five/ TUNDRA/ 07 997 cab
guys i'm a noob doing research on these cars so i'm hoping someone can clarify some things for me:
1) what are the main differences between an extended warranty and a CPO?
2) what does the extended warranty cover? i'm guessing it's not as comprehensive as the factory warranty on a new car, correct?
3) i googled NAC Platinum warranty mercedes and got nothing. can someone point me to their website please?
thanks a lot for your help
1) what are the main differences between an extended warranty and a CPO?
2) what does the extended warranty cover? i'm guessing it's not as comprehensive as the factory warranty on a new car, correct?
3) i googled NAC Platinum warranty mercedes and got nothing. can someone point me to their website please?
thanks a lot for your help
Obviously dont know how to search
http://nacsolutions.com/index.php/co...-services.html
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'19 E63S, ‘16 CLS63 RIP, '09 E63 Gone, '06 M5 Gone, '97 Supra TT Gone
CPO Warranty is an extension of the factory warranty for these cars. The nice thing about it is that they really don't ask questions, they just fix the damn car. I paid $4k for the 135k warranty until December 2015 and I'm pretty happy with that.
#14
i would like someone to inspect the car before i buy it. would NAC do that as part of me buying the warranty from them?
emoving thanks for the link
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W211 E55, 911 turbo, 911sc, RX330
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'19 E63S, ‘16 CLS63 RIP, '09 E63 Gone, '06 M5 Gone, '97 Supra TT Gone
there must be a list of items which are covered by the extended warranty. i assume before doing any repairs, the dealership checks to see if the broken part is covered by it, right?
i would like someone to inspect the car before i buy it. would NAC do that as part of me buying the warranty from them?
emoving thanks for the link
i would like someone to inspect the car before i buy it. would NAC do that as part of me buying the warranty from them?
emoving thanks for the link
#18
Hi all, thanks for the recommendation Vette71.
I am a forum sponsor here and a bunch of other places, and can help procure NAC and other warranty companies for your car. The company I use is dependent upon your car, year, mileage, etc, but any of the companies I use must meet the following criteria:
1. They must be in business at least 15 years
2. They must be US direct-insured. No self insurance or offshore RRGs. That means even if they DO go out of business or something, you can file a claim directly with their insurance company so you are not left holding the bag.
3. They must have at least an A rating from the BBB
4. I have to have extensive claims experience with them, and the shops local to me have to as well so I can get insight into how they handle claims
Most often, for an MB including AMG models, NAC turns out to be the best value in terms of coverage and term for the price paid. Sometimes, especially in the case of V12 models that NAC will not cover, I use a different company like Fidelity.
Just a quick overall education in case anyone is interested:
1. Even though we all refer to them as warranties, they are really service contracts. A warranty is a legal term with specific definitions and legal remedies. To make it easier to understand, a warranty is what you get when you buy a new car, a service contract is what you get when you pay extra (separately or built into the car's selling price like CPO) to get it later on, like CPO and 3rd party service contracts.
2. There are two types of plans; inclusionary and exclusionary. Each refers to how the contract is written. With an inclusionary plan (also known as named-component), the contract names what IS covered. If a part is not named, it's NOT covered. These come in various levels, from engine only to comprehensive plans that touch on many areas. CPO is an example of a good inclusionary plan. The best of these, like CPO, will cover about 75% of the things you'd want covered on your car. The exclusionary plan names only what is NOT covered. So unless it's specifically listed as excluded, it IS covered. This is the type of coverage you get when you buy a new car, and the coverage hits or exceeds 90%. It is the only type of coverage I sell for thse cars, as if you want ABC, COMAND nav, seat heaters/coolers/massagers, etc covered in addition to all the usual stuff like engine and trans and brakes and A/C, you have to get an exclusionary plan.
3. Terms are another thing to watch out for. CPO usually ends based on the original in-service date of the car when it was sold new. Most service contracts expire based on the date you buy the service contract, and add miles to the car's existing odometer reasding. So an MB ELW that's a '6/100K' is actually a 3/30K if you buy it on a car that's three years old with 70K miles, for example.
3. This business is filled with shady operators, shady companies, and even shady sellers of legitimate plans. I'll give you an example. Some companies have two pricing structures for their service contracts....one for dealers that sell them along with a used car, and one for agents that sell over the interent to people that already have their cars. The dealer price is lower, under the assumption that since the car is being sold by the dealer, the dealer has to make sure the car is 100% at the time of sale so the risk of pre-existing problems, or fraud, is lower. So many dealers take that lower pricing and sell over the internet or phone, which is a violation of their agreement with the service contract company. Why should it matter to you? You get a lower price, so all is well, right? Well when you file a claim in the future, if the warranty company asks for proof of purchase date of car, or pulls a carfax, and the warranty date and car purchase date don't match, they could refund your money and void your coverage. Lots of things to watch out for!
NAC Pinnacle (not Platinum, that's from Fidelity) is a very good contract, and NAC themselves are a good company. I have hundreds of European car customers with them and everyone is happy.
If you'd like a quote, please email me your VIN# and current odometer reading to brucem105@comcast.net. Thanks!
Bruce
Becks Imports LLC
856-912-2600
I am a forum sponsor here and a bunch of other places, and can help procure NAC and other warranty companies for your car. The company I use is dependent upon your car, year, mileage, etc, but any of the companies I use must meet the following criteria:
1. They must be in business at least 15 years
2. They must be US direct-insured. No self insurance or offshore RRGs. That means even if they DO go out of business or something, you can file a claim directly with their insurance company so you are not left holding the bag.
3. They must have at least an A rating from the BBB
4. I have to have extensive claims experience with them, and the shops local to me have to as well so I can get insight into how they handle claims
Most often, for an MB including AMG models, NAC turns out to be the best value in terms of coverage and term for the price paid. Sometimes, especially in the case of V12 models that NAC will not cover, I use a different company like Fidelity.
Just a quick overall education in case anyone is interested:
1. Even though we all refer to them as warranties, they are really service contracts. A warranty is a legal term with specific definitions and legal remedies. To make it easier to understand, a warranty is what you get when you buy a new car, a service contract is what you get when you pay extra (separately or built into the car's selling price like CPO) to get it later on, like CPO and 3rd party service contracts.
2. There are two types of plans; inclusionary and exclusionary. Each refers to how the contract is written. With an inclusionary plan (also known as named-component), the contract names what IS covered. If a part is not named, it's NOT covered. These come in various levels, from engine only to comprehensive plans that touch on many areas. CPO is an example of a good inclusionary plan. The best of these, like CPO, will cover about 75% of the things you'd want covered on your car. The exclusionary plan names only what is NOT covered. So unless it's specifically listed as excluded, it IS covered. This is the type of coverage you get when you buy a new car, and the coverage hits or exceeds 90%. It is the only type of coverage I sell for thse cars, as if you want ABC, COMAND nav, seat heaters/coolers/massagers, etc covered in addition to all the usual stuff like engine and trans and brakes and A/C, you have to get an exclusionary plan.
3. Terms are another thing to watch out for. CPO usually ends based on the original in-service date of the car when it was sold new. Most service contracts expire based on the date you buy the service contract, and add miles to the car's existing odometer reasding. So an MB ELW that's a '6/100K' is actually a 3/30K if you buy it on a car that's three years old with 70K miles, for example.
3. This business is filled with shady operators, shady companies, and even shady sellers of legitimate plans. I'll give you an example. Some companies have two pricing structures for their service contracts....one for dealers that sell them along with a used car, and one for agents that sell over the interent to people that already have their cars. The dealer price is lower, under the assumption that since the car is being sold by the dealer, the dealer has to make sure the car is 100% at the time of sale so the risk of pre-existing problems, or fraud, is lower. So many dealers take that lower pricing and sell over the internet or phone, which is a violation of their agreement with the service contract company. Why should it matter to you? You get a lower price, so all is well, right? Well when you file a claim in the future, if the warranty company asks for proof of purchase date of car, or pulls a carfax, and the warranty date and car purchase date don't match, they could refund your money and void your coverage. Lots of things to watch out for!
NAC Pinnacle (not Platinum, that's from Fidelity) is a very good contract, and NAC themselves are a good company. I have hundreds of European car customers with them and everyone is happy.
If you'd like a quote, please email me your VIN# and current odometer reading to brucem105@comcast.net. Thanks!
Bruce
Becks Imports LLC
856-912-2600
Last edited by Becks Imports; 11-03-2011 at 07:55 AM.