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01SLK320 totaled =(
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672 Posts
Discussion Starter #1
36mo/36k miles bumper to bumper, no deductible $2990
60mo/50k miles bumper to bumper, no deductible $3220


I only put 3k miles on the car this past year, so I'm thinking that this car will last forever mileage wise, that the 2nd one would be the best bet. Only $230 more and it is transferable.

MB of Escondido said they will underwrite the policy if they (aftermarket warranty company) were to go out of business.
 

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MB 230K 98, MB 200K 00
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107 Posts
Go for the last one if any. If you don't use your car that much, maybe you will spend less then 3300 on repairs the next few years???
 

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SLK32, ML430
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6,349 Posts
I say put the extanded warratny money in the bank or invest it. That way you have the money if you need it but are not spending it for something you will hopefully not need.
 

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SLK 230 yellow
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200 Posts
What could possibly go wrong with your MB in 15k? I agree with 430 that the money would do better in investments. [:)]
 

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95 NSX / 98 SLK
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382 Posts
Would I be right in saying the most likely really expensive SLK items to fail would be an automatic transmission or a supercharger? You have a 320 so no supercharger. What transmission do you have? If it's a stick I'm not sure the warranty makes sense.
 

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2002 SLK 32 AMG
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441 Posts
MB dealers all ways say the underwritters will go out of business. Auto Guard for one has been in business for over 25 years. Like most insurance companies they've pretty much covered themselves financialy.

I purchased one year on mine from MB, it was I think, if I can remember, about 2,300.00 bucks at time of purchase. It gave me piece of mind. If anything goes wrong with this AMG I know its going to cost me a fortune to fix. My Honda's timming chain went 6 months after the warranty was over. The bill was over 3,000 bucks by the time they replaced the head, alternator and all the other stuff that you replace after seizing up a motor. I forgot what company we used for that car.

If you'd like to contact Auto Guard, (these are the folks I went with for my BMW after the warranty was over) you can call 999 818-6600 and if you want a nice sales rep ask for Travis Himstedt. With them, all your claims go through one person for the length of your policy, Travis never gave me a hard time with any questions that I had. You can cancel up to 60 days for any reason for a full refund too. They have free financing as well, small monthly payments.
 

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2004 SLK32 AMG
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807 Posts
If it gives you peace of mind

TK, long time no see. An extended warranty is a choice just like buying a home or renting, neither is more right than the other. If it gives you peace of mind, then go for it. Both deals sound fair but you and I both have to drive our cars more, a lot more.

John Boy 330xi - 2/26/2005 6:28 AM
MB dealers all ways say the underwritters will go out of business.
John Boy, I believe TK was saying that the dealership would honor the warranty even if the underwriter went out of business not that the underwriter would go out of business.
 

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01SLK320 totaled =(
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672 Posts
Discussion Starter #10
My question wasn't "Is this a good idea", it was "is this a good deal". [:D]

I wanted the peace of mind that the roof if covered "forever".

As when I drive it, I treat it like a door and close it and open it every time I get in, I never leave it down.


I was wondering about the pricing more than anything else...
 

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2002 SLK 32 AMG
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441 Posts
TK, to me the price seems kinda high. The company that I spoke of earlier in the post charged me 23 for 100k. I know I paid a lot through Mercedes dealership, for one year just because "its an AMG".

TK< Call that Travis Fellow and get a quote. I'd be interested in seeing what he quotes you.

It doesn't hurt to hear what someone else has to offer. Oh, there was one diff. I did have a 50 dollar deductable.
 

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01SLK320 totaled =(
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Discussion Starter #12
As far as the deductible, if you pay $100 upfront, it takes away the deductible, otherwise it is a $100 deductible each time.

They also didn't do AMG cars.

What happens if they go out of business?
 

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2002 SLK 32 AMG
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441 Posts
If they go out of business, your screwed. That's why you look at the companies longevity first, try and find out as much about the company before ya hand over 2 grand. Do some web searches, try and find disgruntled customer complaints. Keep in mind, you'll most likely to find some if they're a national company, some of those you gotta read between the lines too. Call up, ask some local car dealers, talk to the service manager at like Honda, BMW, Mazda, see if they've worked with the company and try and get a feel for how the warranty company treat their customers. IF there's a will, there's away. I also wonder if there's an online warranty comparison site rating list somewhere?
 
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