My BIL has three Mercedes.. He spends on spares for his W124 diesel estate - in a year - enough to make these queries of "what decent car can I buy for £1500?" that we see on current threads - look like Scrooge.. And this is not an immaculate car: just a daily runaround...
I quote:
"I'll offer my 2 cents here. On modern Mercedes-Benz, the extended warranty is always worth it if you fully intend to own your car and match the duration/mileage with your ownership. These cars have many systems that break and cost a fortune.
I bought an extended warranty on my 2001 Mercedes-Benz S500, and it cost $3,649.00. I bought this just shortly before the factory warranty period expired. The extended warranty paid out $7,735.27 in claims when it expired at the 72,000 mile mark.
The S-Class MB has an Airmatic Suspension, speakers, a multitude of sensors, and all sorts of stuff that fails and is nice to be fully covered on. I currently have a 2007 S550, and I will be buying an extended service contract on this car later this year. I am certain it will provide a greater return on investment for me than adding that marginal amount to my stock portfolio. That, and if the dealership says they need to change a $950 sensor that is covered - I don't have to question it or stress out about it in any way.
I also purchase extended warranties on BMW's, but I could take it or leave it on Lexus - I never get my money's worth out of warranties for Lexus, they simply don't break that much."
http://www.benzworld.org/forums/r171-slk-class/1196978-official-mercedes-benz-extended-warranty.html
Note that quote is from A MB forum and not a Lexus one...- which says it all.
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Edited by madf on 14/08/2010 at 22:54
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