Parts Catalog Accessories Catalog Tech Info Tech Forums
  Search our site:    
 Cart  | Project List | Order Status | Help    

Go Back   PeachParts Mercedes ShopForum > Technical Information and Support > Tech Help

LinkBack Thread Tools Display Modes
Old 11-04-2002, 03:12 PM
spinedoc's Avatar
Registered User
Join Date: Nov 1999
Location: North Grafton, MA USA
Posts: 700
Question Extended warranty, worth it?

The price for an extended warranty seems kind of out of this world for a private party purchased vehicle, tell me what you guys think, and is it worth it...

The max they would cover is an 11 year old car with max mileage of 80k. For a 1992 500SL with 80k miles they quoted $5215.00 for 24 months/24k miles. This seems insane, but given the cost of repairing this auto, is this worth it? What do you guys think?
Reply With Quote
Old 11-04-2002, 04:08 PM
Join Date: Mar 1999
Location: Tucker, Ga USA
Posts: 12,153
NO! however if the car needed an A/C evaporator & auto transmission you would need to plunk down about $5000.
MERCEDES Benz Master Guild Technician (6 TIMES)
ASE Master Technician
Mercedes Benz Star Technician (2 times)
44 years foreign automotive repair
27 Years M.B. Shop foreman (dealer)
MB technical information Specialist (15 years)
190E 2.3 16V ITS SCCA race car (sold)
1986 190E 2.3 16V 2.5 (sold)
Retired Moderator
Reply With Quote
Old 11-04-2002, 04:18 PM
Posts: n/a
If you're seriously considering spending $5k on a warranty, may I suggest two alternatives:

1) Purchase a Starmark SL instead (they come with a basic warranty already).

2) Taking the $5k you would spend on the warranty and shifting the money to a newer, lower mileage vehicle.

Being in the same position 2 years ago, my E420 ate a transmission at $4,500 (replaced motor mounts at the same time). General maintenance and repair has run around $4k over the last 18 months. A good chunk of that $4k has been on the maintenance side. I don't know how much of the other $2k would have been covered under a warranty, but the transmission would have been covered.

My lesson in this story - alway go for lowest mileage and newest model year you can afford. At the end of day, the money probably balances out, but if you spared the hassle of going back & forth to your tech, etc., you'll enjoy the vehicle a lot more!
Reply With Quote
Old 11-09-2002, 06:59 PM
Posts: n/a
Hello John, I was wondering did you get any warning signs before your transmission went.

Reply With Quote
Old 11-09-2002, 07:41 PM
blackmercedes's Avatar
Just a guy
Join Date: Dec 2000
Location: St. Albert, Alberta, Canada
Posts: 3,492
Extended warranties are insurance policies. Whether you buy one depends on your tolerance for risk and the "expected return" for the monies paid.

Some people wouldn't think of driving a car out of warranty, others are much more willing to take a chance. Self insuring (as MB DOC suggested) is one way to buy insurance with a little more risk, as the repair costs might exceed the premium paid.

In my case, I would not buy a $5K warranty. I also wouldn't buy an older R129, as the potential costs of major repairs is beyond my risk tolerance. On our 1998 C230, I bought the Signature Class MB extended warranty simply because it was cheap ($1400) and when comparing the price to my individual risk profile, the premium made sense.
John Shellenberg
1998 C230 "Black Betty" 240K

Reply With Quote
Old 11-09-2002, 07:49 PM
Registered User
Join Date: Mar 2002
Location: Great White North!!!!
Posts: 400
is that a warranty from m.b.?if not i'd go over every word and look for loopholes.just a feeling i get but if it's not a m.b. warranty i'd keep your money in your pocket.if you haven't purchased the car already i think the advice of putting the 5k into a newer car is a good one
'95 s500 (bought for wife but can't bear to share!!!) 125kms
'92 legend 180kms
'88 tbirdturbo(fantastic car-only regular maint.)120kms
'87 mustang gt(gone)
'86 tbirdturbo(gone)
'85 mustang gt(gone-but not forgotten)
Reply With Quote


Thread Tools
Display Modes

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

All times are GMT -4. The time now is 08:07 AM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2011 Pelican Parts - Posts may be archived for display on the Peach Parts or Pelican Parts Website -    DMCA Registered Agent Contact Page