Are Extended Warranties Worth It?

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Whether you’re in the market for a new C-Class or you’re looking for a high-quality pre-owned vehicle, you’re likely going to be presented with the option of an extended warranty. Although, are extended warranties worth it? If you plan to keep your vehicle for many years, opting for an extended warranty is an excellent choice for its added coverage. Read on as we answer the question, “Should I buy extended warranties?” and detail how they work, as well as what they cover. 

 

 

What is an Extended Warranty?

When you choose to finance a new or pre-owned vehicle, an extended warranty provides additional maintenance coverage once your factory warranty expires. Ultimately, an extended warranty is an additional safety net; if your major powertrain warranty has ended, and your vehicle needs a major repair, an extended warranty will help you cover the repair costs. 

What Else do Extended Warranties Cover?

Extended warranty plans vary between manufacturers and dealers, and whether you get a new or used extended warranty. Although, extended warranties may include or have coverage options for the following:

  • Towing
  • Roadside assistance
  • And more

Extended Warranties for New & Used Vehicles: How Do They Differ?

No matter whether you opt for a new or pre-owned vehicle in Everett, extended warranties are available for both. Although, they will work differently depending on the vehicle’s condition. If you’re considering adding an extended warranty on a new or used car, here are some tips that you’ll want to keep in mind: 

Extended Warranties for New Vehicles

You’ll want to take these factors into account when deciding whether you should get an extended warranty for a new vehicle:

  • Do you intend on trading in your car in the next 10 years? If so, you may not need an extended warranty as newer vehicles are much more reliable than they were in the past. 
  • If you don’t plan on keeping your vehicle for more than 10 years, an extended warranty can be a valuable investment.
  • You should also check to see what the insurance coverage includes with your new vehicle purchase.

Extended Warranties for Used Vehicles

As for used vehicles and extended warranties, it all comes down to reliability. You’ll want to consider the following: 

  • Have the vehicle inspected and get an estimate for any potential vehicle issues. 
  • Decide how long you plan on keeping the vehicle. 

Mercedes-Benz Extended Warranty Coverage

When you upgrade your Edmonds drive with a new or used Mercedes-Benz, you’ll have access to premium new and used vehicle extended warranty options. Explore our current inventory and add-on an extended warranty to enjoy protections that include:

  • Mercedes-Benz prepaid maintenance that covers service every 1 year/10,000 miles
  • Mercedes-Benz Roadside Assistance 
  • New Vehicle Extended Limited Warranty that goes beyond the initial 48 months or 50,000 miles. This warranty covers components like your engine, transmission, and electrical systems. 
  • CPO Extended Limited Warranty that covers powertrain components, electrical components, and more.

Do You Need an Extended Warranty? 

So, are extended warranties worth it? Extended warranties are perfect for Bothell drivers who don’t want to break the bank in the event of a major repair issue. Extended warranties are essentially safety nets set in place should an unpredictable maintenance problem arise, and they let you have peace of mind when on the road. 

Learn More About Mercedes-Benz Extended Warranties

If you’re still unsure if an extended warranty is right for you, contact us today for guidance. We’re always available to help Lynnwood protect their luxury automotive investments!

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