Cost of the Mercedes Extended Warranty – Mercedes-Benz does not advertise its extended warranty prices, but data we’ve come across in our research shows that Mercedes extended warranty coverage can cost anywhere from $2,150 to $7,350 depending on the age and model of your vehicle.
All vehicle service contracts offered by the manufacturer include a $0 deductible. The cost of the Mercedes extended warranty can either be paid in full or rolled into the vehicle’s financing plan. However, it’s not usually a good idea to finance your extended car warranty, as you’ll end up paying interest on the contract.
Other factors that affect the cost of Mercedes extended warranty coverage include:
Vehicle age and mileageCoverage level and lengthExisting factory coverage at time of contract purchase
Contents
How long is a Mercedes bumper-to-bumper warranty?
Mercedes-Benz New Vehicle Limited Warranty – When you purchase a new Mercedes-Benz, you are protected against defects in materials or workmanship that originated at the factory. This basic comprehensive warranty starts on the sale date of the new vehicle, and lasts for 4-years or 50,000-miles whichever occurs first.
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Do you really need extended warranty?
How long will you keep the car? – Nearly all new cars come with at least a three-year, 36,000-mile bumper-to-bumper warranty. For many brands, the warranty is even longer. If you keep or lease your car for less than the length of your factory coverage, you do not — repeat, do not — need an extended warranty.
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Is it good idea to buy extended warranty?
An extended car warranty may help cover the cost of certain repairs to your vehicle when the manufacturer’s warranty expires, but they’re not for everyone. – While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong.
- Plus, many people who buy extended warranties never use them.
- In that case, an extended warranty becomes a cost with no financial return.
- According to a Consumer Reports survey, 55% of respondents who bought an extended warranty didn’t use it and only a quarter of survey participants said they’d buy one again.
And the cost for repairs among respondents who used their warranty was typically less than the cost of the warranty. Instead of purchasing an extended warranty, it may make more sense to set aside the money you’d spend on it — and use the funds instead for needed repairs.
What is an extended car warranty? What do extended car warranties cover? How much do extended car warranties cost? Should you buy an extended car warranty on a new or used car? Are extended car warranties worth the money?
Is it good to take extended warranty?
What isn’t covered? – You cannot use the extended warranty to take care of the general service of your car. As mentioned earlier, everyday wear and tear parts like brake pads, clutch, suspension and even some electronics aren’t covered by some manufacturers.
Paint issues, rust, upholstery and any other parts that wear due to age, will not be covered either. Servicing the car outside the approved service centre, adding aftermarket accessories and modifying the electricals, paint scratches and damages, accidental damages, floods or earthquakes and rodent infestation are also out of the purview of extended warranties.
Buying an extended warranty is always beneficial, especially if you are looking at keeping your car for long. Yes, it may not cover some parts and faults, but what you get is a lot. And even though it might cost you a premium, it can save you big money in the long run or help you sell your car.
| Warranty you can go for | ||||
|---|---|---|---|---|
| Manufacturer | Model | Standard Warranty | Extended Warranty | Cost |
| Maruti Suzuki | Swift | 2 years/40,000km | 3 years/60,000km | Rs 4,390-8,960 |
| 4 years/80,000km | Rs 5,590-11,360 | |||
| 5 years/1,00,000km | Rs 7,190-13,460 | |||
| Hyundai | Verna | 3 years/unlimited km | 4 years/80,000km | Rs 7,960-12,610 |
| 5 years/1,00,000km | Rs 9,650-13,870 | |||
| Honda | City | 2 years/40,000km | 3 years/60,000km | Rs 4,309-5,991 |
| 4 years/80,000km | Rs 5,170-7,190 | |||
| 5 years/1,00,000km | Rs 9,300-13,762 | |||
| 5 years/unlimited km | Rs 12,091-17,891 | |||
| Tata | Tiago | 2 years/75,000km | 3 year/75,000km | Rs 3,690-4,602 |
| 3 years/1,00,000km | 5 years/1,00,000km | Rs 5,364-6,550 | ||
| Toyota | Innova Crysta | 3 years/1,00,000 km | 5 years/1,80,000km | Rs 21,000 |
| Mahindra | Scorpio | 3 years/1,00,000 km | 4 years/1,20,000km | Rs 13,010-27,842 |
| 5 years/1,50,000km | Rs 14,750-17,842 | |||
| Skoda | Octavia | 2 years/unlimited km | 4 years/1,00,000km | Rs 39,999 |
| Volkswagen | Polo | 2 years/unlimited km | 3 year/80,000km | Rs 6,308-7,951 |
| 4 years/1,00,000km | Rs 10,706-13,410 | |||
| 5 years/1,25,000km | Rs 14,572-18,053 | |||
| Ford | Figo | 2 years/1,00,000km | 3 years/1,00,000km | Rs 6,699-8,900 |
| 4 years/1,00,000km | Rs 13,499-17,899 | |||
| 5 years/1,00,000km | Rs 19,800-26,200 | |||
| Renault | Kwid | 2 years/50,000km | 3 years/60,000km | Rs 4,055-5,335 |
| 4 years/80,000km | Rs 5,335-6,865 | |||
| 5 years/1,00,000km | Rs 7,400-9,000 |
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Are extended warranties a good idea?
The Best Warranty Is a Savings Account – Extended warranties are rarely worth your money. Products don’t break on their own, and when they do, the price of repairs is usually lower than what you’d spend on an extended warranty. Sure, some people have saved a lot of money with extended warranties.
That’s great! But take a moment to ask yourself why a company would offer you an extended warranty. The answer is: because they’re profitable. According to Warranty Week, a newsletter dedicated to service plans, extended warranties are a $40 billion business, This figure alone indicates that extended warranties are grossly overpriced and rarely used.
In most cases, it’s best to skip the extended warranty and use your extra cash to build up an emergency fund. But every situation is different, and some extended warranties are more useful than others. That’s why we’ve researched some popular products that usually offer extended warranties and explain whether it’s worth your money.
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