Off topic. Mercedes new car extended warranty, Worth it??? |
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Off topic. Mercedes new car extended warranty, Worth it??? |
daytona |
Dec 23 2019, 02:54 PM
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#1
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daytona Group: Members Posts: 456 Joined: 13-April 14 From: Ormond Beach, Florida Member No.: 17,249 Region Association: South East States |
Hi,
As the tittle implies, does anyone have any information/experience with the Mercedes Benz new car extended warranty? We just took delivery of a new E 450 4matic. The dealership is offering what I consider is a good price for the extended warranty, ad since we tend to keep our cars a long time I think it may be worth buying. I had a bad experience with extended warranty on a new Cayman S but it was a third party warranty. This is one is actually offered by MB. I just want to know if someone here ever had to make use of it and what that experience was like. Thanks, Bill. |
DickSteinkamp |
Dec 23 2019, 06:47 PM
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#2
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Senior Member Group: Members Posts: 500 Joined: 27-February 17 From: Bellingham, WA Member No.: 20,876 Region Association: None |
Superhawk is correct, OTOH...
We all buy insurance. Life insurance, health insurance, mortgage insurance, car insurance (usually over and above the state required minimum), liability insurance, home owner's insurance, long term care insurance, etc. etc. All the insurers make money from us (the "general" us). All the insurers know the odds. It is a simple bet for them (and a money making bet for them). If you KNOW you will not experience a loss...don't buy the insurance. If you don't know, then only you can decide if you are willing to take the risk. You pay a known number...a portion of the potential loss...to avoid paying the total potential loss. Insurance is not a scam. It's risk management. No one can tell you wether YOU should insure or not. |
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