E550 Extended Warranty - Mercedes-Benz Forum
Reply
 
LinkBack Thread Tools Display Modes
#1 (permalink) Old 10-04-2009, 07:49 AM
BenzWorld Junior Member
 
Date registered: Oct 2009
Posts: 9
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
(Thread Starter)
E550 Extended Warranty

I am the proud new owner of an black E550 sedan with P2 and driver's assistance package. It is certainly a joy to drive.

I wanted advice on whether the MB extended warranty would be worthwhile for my situation.
I will probably put 17,000-20,000 miles on the car a year and would hit the 50,000 limit on the standard warrenty in 2.5 years!

The dealer offered a 3600$ extended warranty which will takes it to 100,000 or 5 years.

Would other alternatives be wiser, eg. Geico's MBI (mechanical breakdown insurance) or other 3rd party coverage? The Geico policy seemed to make you jump through several hoops?
MagicJack is offline  
Sponsored Links
Advertisement
 
#2 (permalink) Old 10-04-2009, 07:29 PM
~BANNED~
 
Date registered: Sep 2007
Vehicle: 99 Merc S420 (80k Mi) 07 Lexus LS460 (21k Miles)
Location: FL
Posts: 4,583
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Move closer to your job or move your job closer to you. Unless you deliver mail, Pizza packages or operate a Taxi, 17k-20k miles per year is very excessive. That is double the US average and 3-4 times the European average. Cut back on driving or sell the car just before the end of the warranty period. If you continue to drive at the rate, you will end up with a super high mileage car that nobody wants to buy.
mr.xpowerseller is offline  
#3 (permalink) Old 10-05-2009, 12:47 AM
K-A
BenzWorld Senior Member
 
K-A's Avatar
 
Date registered: May 2008
Vehicle: W212 E350: AMG Sport/P2/Pano/Etc. & '09 Chevy Malibu / Sold M-B's: '06 E350 & '02 S500
Location: California
Posts: 514
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
I'd buy a DD if it's comfortable for you to afford, and drive it every now and then on your trips to help out with the mileage. Or just drive the Benz and enjoy its ride over whatever DD you choose, but be ready for the fact of having to pay high prices for any repairs after the Warranty.

Funny thing is, if you waited 6 or so months for some Used models to start popping up, you could have bought a CPO model, which would add 1 year to the Warranty and give you up to 100K Miles!

'11 E350: Arctic White / Black-Almond-Burl.
Sport, P2, AMG Wheel Package, Deck & Roof Spoilers, 115V Outlet, Dark Tints, Smoked Front & Rear Turn Signals, Matte Black Wrapped Front Lip, Gloss Black Wrapped Roof, CF Wrapped B-Pillar/Frames.
K-A is offline  
#4 (permalink) Old 10-11-2009, 11:15 PM
BenzWorld Member
 
Date registered: Feb 2008
Vehicle: E320 2000, E550 2009
Location: LOS ANGELES
Posts: 61
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
EXTENDED WARRANTY

Quote:
Originally Posted by MagicJack View Post
I am the proud new owner of an black E550 sedan with P2 and driver's assistance package. It is certainly a joy to drive.

I wanted advice on whether the MB extended warranty would be worthwhile for my situation.
I will probably put 17,000-20,000 miles on the car a year and would hit the 50,000 limit on the standard warrenty in 2.5 years!

The dealer offered a 3600$ extended warranty which will takes it to 100,000 or 5 years.

Would other alternatives be wiser, eg. Geico's MBI (mechanical breakdown insurance) or other 3rd party coverage? The Geico policy seemed to make you jump through several hoops?
GEICO has the lowest price and requires that the vehicle is insured by GEICO for the period of the warranty. GEICO does send a representative out to repair shop before authorizing any repairs.

The warrant from MB should read seven years and 100,000 miles.

If it reads 5 years and 100,000 miles that is only one additional year added to the factory warranty.

The one year extension is a much more lower than the three year extension.
E1429 is offline  
#5 (permalink) Old 10-12-2009, 02:24 PM
Lifetime Premium Member
 
Musikmann's Avatar
 
Date registered: May 2006
Vehicle: 2001 E320 - Brilliant Silver/Ash: 104,000+
Location: West Virginia, USA
Posts: 17,193
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Lifetime Premium Member
If you are totally convinced you want an extended warranty then buy one from MB. My experience with a CPO warranted car was very good and those are 95% the same (CPOs don't cover lodging/food is you are starnded some distance from home) as the new car warranty.

I agree that 1 more year/100,000 miles for $3600 sounds way too expensive. Look into extending your new car warranty to 7/100,000 and see what that costs. Also, a lot of prople have stated that MB extended warranties are negotiable so don't pay whatever the list price is. Plus you can buy one from any dealer, although it would seem the one who sold you the car should offer you the best deal.

Mercedes Benz - Das beste oder nichts!
Musikmann is offline  
#6 (permalink) Old 04-05-2010, 02:36 AM
BenzWorld Elite
 
KarlBenzSF's Avatar
 
Date registered: Jan 2009
Vehicle: 2000 E320 4MATIC
Location: Vancouver, Beautiful British Columbia
Posts: 1,720
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
so the US average for a car have been driven for a year is 10K miles? I put 25K within 6 months... lol.. what should I do to save some money on maintenance? I spent around 2000$ on maintenance and most of those replacement will last about 100K.

KarlBenzSF is offline  
#7 (permalink) Old 04-05-2010, 02:37 AM
BenzWorld Elite
 
KarlBenzSF's Avatar
 
Date registered: Jan 2009
Vehicle: 2000 E320 4MATIC
Location: Vancouver, Beautiful British Columbia
Posts: 1,720
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Well... I noticed you have a E550.... That must drink a lot of gas. If I plan to drive 50K a year, I would like to buy a E350 CDI ;-)

KarlBenzSF is offline  
#8 (permalink) Old 04-05-2010, 05:13 PM
~BANNED~
 
Date registered: Sep 2007
Vehicle: 99 Merc S420 (80k Mi) 07 Lexus LS460 (21k Miles)
Location: FL
Posts: 4,583
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by KarlBenzSF View Post
so the US average for a car have been driven for a year is 10K miles? I put 25K within 6 months... lol.. what should I do to save some money on maintenance? I spent around 2000$ on maintenance and most of those replacement will last about 100K.
US average is between 10-12k per year depending on region. Country areas tend to around 12k, city around 10k. 50k per year is ultra highly excessive. That is more then most taxi cabs, police cars and postal delivery vehicles travel per year. That is like driving to a different state to go to work every day, then driving back or being on the road for 4-5 hours per day doing 50-60 MPH every single day 7 days a week for 365 days straight. That is beyond crazy.
mr.xpowerseller is offline  
#9 (permalink) Old 04-05-2010, 05:54 PM
BenzWorld Elite
 
KarlBenzSF's Avatar
 
Date registered: Jan 2009
Vehicle: 2000 E320 4MATIC
Location: Vancouver, Beautiful British Columbia
Posts: 1,720
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by mr.xpowerseller View Post
US average is between 10-12k per year depending on region. Country areas tend to around 12k, city around 10k. 50k per year is ultra highly excessive. That is more then most taxi cabs, police cars and postal delivery vehicles travel per year. That is like driving to a different state to go to work every day, then driving back or being on the road for 4-5 hours per day doing 50-60 MPH every single day 7 days a week for 365 days straight. That is beyond crazy.
Well..I thought European average is higher because EU has autobahn which has no speed limit, people can obtain more longer range within a unit time. Well. I drove between LA and SF almost every weekend. Since I haven't seen any cop after mid night on I-5, normal speed will surpass 100MPH. Hence it's not hard for me to obtain 25K within six months.

KarlBenzSF is offline  
#10 (permalink) Old 04-05-2010, 07:03 PM
~BANNED~
 
Date registered: Sep 2007
Vehicle: 99 Merc S420 (80k Mi) 07 Lexus LS460 (21k Miles)
Location: FL
Posts: 4,583
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by KarlBenzSF View Post
Well..I thought European average is higher because EU has autobahn which has no speed limit, people can obtain more longer range within a unit time. Well. I drove between LA and SF almost every weekend. Since I haven't seen any cop after mid night on I-5, normal speed will surpass 100MPH. Hence it's not hard for me to obtain 25K within six months.
EU varies by region also. UK has a very low average, others on mainland Europe have higher averages. A high percentage of people use public transportation, which avoid mileage/kilometers on their vehicles.
mr.xpowerseller is offline  
Reply

  Mercedes-Benz Forum > Mercedes-Benz Sedan Forums > W212 E-Class


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
User Tag List

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Topic Author Forum Replies Last Post
Extended Warranty: How is AAA extended warranty? az2md W210 E-Class 6 10-11-2009 04:59 PM
Extended Warranty/ 3rd party warranty conlin664 R170 SLK Class 13 01-26-2003 08:24 AM
Any experience with Warranty Gold extended warranty? Howard H R170 SLK Class 0 08-24-2002 05:40 PM
Warranty Gold extended warranty Tyler W163 M-Class 2 02-19-2002 08:38 AM
Called MB Dealership RE: Extended Warranty. Told me I can't buy MB Warranty... John C R170 SLK Class 6 10-18-2001 10:09 AM

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome