PeachParts Mercedes-Benz Forum - View Single Post

matthias08 · #8 08-24-2009, 12:15 AM

Quote:

Originally Posted by 85 DSEL

Babymog:
Something I failed to mention as well is that I am not even thinking about a warranty from the dealer, I'm looking at the only company (that I'm aware of) that will actually warranty a car with up to 150K miles. Here is an excerpt from their website - (I have a PowerShield quote for the car at a little over $2k without a deductible AND ASE certified shop of MY CHOICE that will cover AC and electrical problems. We all know about those 'wascally' electrical gremlins in these cars!)

Auto Extended Warranty Companies Reviewed

WarrantyDirect.com has the most coverage options of any warranty we have researched, and 28 years of experience, through several full warranty claims paying cycles. They are one of the largest bricks-and-mortar warranty companies, as well as an internet warranty company. In 2004, they sold more warranties than Toyota. They supply car warranties to over 2,200 car dealers, banks and credit unions as well as direct to consumers. Over 21,000 car dealers and auto repair facilities accept them. Most of their auto warranty plans cover wear-and-tear failures, overheating, unlimited number of claims and include free sign and drive roadside assistance. More coverage than most auto warranties, starts the day you buy, not the date the car was titled. Outstanding record with the Better Business Bureau and WebAssured.com. Licensed to sell warranties in California and Florida, the most stringent states when it comes to regulatory issues. Both states audit them periodically, we've inspected their facilities and verified they put the correct amount of money into claims reserves to pay your warranty claims. They process over 7,000 warranty claims every month.

LuxuryCare+ - This is Warranty Direct's top-of-the-line bumper-to-bumper warranty for vehicles with high end luxury options. Full bumper-to-bumper coverage with wear-and-tear, Airbag Electronics, Emissions, GPS/Navigation, DVD/Video, Telephone/Bluetooth, and Internet Access systems. Warranty includes wear-and-tear failures and mechanical breakdowns, deluxe Roadside Assistance membership.
SecureCare+ - True bumper-to-bumper protection for cars without luxury items mentioned above. Warranty covers wear-and-tear, and mechanical breakdowns, deluxe Roadside Assistance membership, and Emissions system coverage, with optional Airbag Electronics coverage, which many competitors exclude from their warranties.
PowerWrap+ - Bumper-to-bumper warranty for vehicles whose powertrain warranties run longer than factory warranties. This eliminates coverage duplication of your powertrain thus a lower cost. This warranty covers wear-and-tear, mechanical breakdowns, Emissions System coverage, deluxe Roadside Assistance membership, optional Airbag Electronics coverage
ExtremeWrap+ - The Chrysler Lifetime Powertrain Limited Warranty covers about 20% of your vehicle, what about the other 80%? That’s where ExtremeWrap+ comes in. Special coverage for the parts that Chrysler/Dodge/Jeep doesn’t cover after 3 years or 36,000 miles. Full bumper to bumper coverage with wear-and-tear, mechanical breakdowns, Airbag Electronics, Emissions, and deluxe Roadside Assistance.
XtraCare+ - Warranty Direct's best level of named component coverage providing coverage for all 16 major systems of your vehicle. This warranty covers wear-and-tear, mechanical breakdowns, deluxe Roadside Assistance for cars over 4 model years old with as many as 100,000 miles on the odometer. This is the only high mileage wear and tear coverage on the market.
MajorCare - Excellent coverage for big ticket items from 12 major systems of your vehicle, designed to cover the most likely to fail items. This warranty covers wear-and-tear, mechanical breakdowns, deluxe Roadside Assistance for cars up to 7 model years old and 100,000 miles on the odometer. The only high mileage wear and tear coverage of any warranty company.
PowerShield is a comprehensive, low-cost, major component coverage designed for older and higher mileage vehicles with up to 150,000 miles on the odometer (Not available in CA or GA). PowerShield covers mechanical breakdowns for items such as the Engine, Transmission, Drive Axle, Timing Belt, Water Pump, Fuel Pump and more, and also includes Roadside Assistance membership.

Why We Recommend Warranty Direct

Financially stable, over $350 million in assets, Paid out over $600,000,000 in claims, solid insurance backing
A Forbes magazine Top 200 Company – three times
Actuarially sound - we saw the actuary firm audit letters ourselves
Dun & Bradstreet verified
Best Better Business Bureau (BBB) report in the industry

Pros: No one beats their coverage, cheaper than dealers, flexible deductibles, less restrictive contract than others, free towing, transferable.

Quote:

We all know about those 'wascally' electrical gremlins in these cars!)

we do? at first I thought you referring to that W210 wagon I pointed you at last week...
we've extended the warranty on our '03 Suburban (extended when purchased new, to 10/100k)
and the '05 E320 CDI (it was a M-B certified pre owned ((dealer demo)) and we also extended it same length (10/100) at time of purchase)

but I'm not sure if its worth an extended warranty honestly, unless you plan on having Ross motorcars do every single service on it.... 74,xxx, I've seen this listing... looks great! you and your wife will enjoy...
pocket that extra $2k+
put it away, incase you need major service on either vehicle, in something that will collect interest in some way shape or form (what I've done for my automotive 9-1-1 fund)
I've never looked back... I've been able to afford repairs as I go...
think about it... this engine in many cases sees over 200k already, which your warranty will have expired by then... so, large repairs come up, you've already flushed that with the warranty up front, that could possibly need to cover absolutely nothing.

I on the other hand, do feel that they can/do/will provide a piece of mind, but is your wallet just burning a hole in your pocket?
since I've owned my '95 E300D, the only things covered would have been the A/C (which was already covered by the dealer, per pre sale agreement), and ball joints (total of $630) in I guess coming up on just under a year and 15k miles...
now, look at the $1,400 difference... what kind of interest could you build on that over a year... then look at the next 2, 3, or 5 years... does it not come out ahead w/o the warranty?

anywho, you haven't called me lately. keep me updated on the status of your wagon hunts!