Making the decision to purchase or lease a Mercedes-Benz is a major financial decision. As a result, many people opt to buy a warranty to ensure financial protection in case your Mercedes-Benz breaks down or needs a repair. There are many different warranty options available in the market. It is important to review the pros and cons of each warranty before making a commitment.
One of the primary considerations to keep in mind when purchasing a warranty is whether you should buy it through the F&I manager at the Mercedes-Benz dealership or through a third party. It is important to keep in mind the F&I manager may have a financial interest in selling you the coverage. You should always compare your options with a third party vendor such as the providers reviewed below.
One of the most important parts of a vehicle warranty to look at is the locations where you can have the car repaired. One the pros of the Endurance warranty is that you can take your Mercedes-Benz to any repair shop that is a licensed mechanic.
Endurance also offers its clients flexible payment plans. Endurance is widely known for its top notch customer service both when purchasing the warranty as well as when dealing with claims. Endurance is a direct warranty provider, meaning you are buying directly from them rather than them acting like a middle man. In this day in age, many customers have come accustomed to being able to go online and chat with a support center; unfortunately, Endurance does not have this feature.
One of the reasons Carchex is popular for Mercedes-Benz is because they offer a wide array of warranties to purchase. You can essentially build a custom warranty program the works best for you particular situation. Carchex will pay the claim directly to the repair shop so that you are not out of pocket waiting for reimbursement.
Carchex also lets you choose different terms of coverage including five, six and even a seven-year option. In terms of getting help if you require roadside assistance, they are available 24 hours a day. However, the support center for filing and following up with claims have limited hours. CarChex does not administer your policy, but only contracts with an insurance carrier with an A rating from AM Best.
Warranty Direct offers consumers an easy to use website to obtain an instant quote on a warranty. Warranty Direct offers three different levels of coverage depending on how much you want to spend and how much coverage you desire.
Warranty Direct allows you to use both franchised and independent Mercedes-Benz repair dealers. This comes in handy for people who trust their repair shop that they have used for many years, but the shop happens not to be franchised. Unfortunately, they do not pay rental fees; rather you are reimbursed after the fact which can really add up if your car is in the shop for an extended period.
One of the nice features of EasyCare is that you can review the entire policy contract online before purchasing it. It is critical for consumers to understand exactly what is covered under a warranty before moving forward. For example, many people are disappointed when normal wear and tear is not covered under the policy.
Like Endurance, Easycare allows you to pick the repair place as long as it is licensed. Easycare also lets you transfer the warranty if you were to choose to sell your Mercedes-Benz. This, of course, will add some value to your sales price. Like Warranty Direct, Easycare will only reimburse you for your car rental payments. So if you do not want to be out of pocket you many want to consider another provider.
AutoPom is another option to purchase your Mercedes-Benz warranty. Auto Pom is well known for its customer service, it also has a long standing A+ rating with the Better Business Bureau. Autopom will give you a prorated refund if you decide to cancel before the end of your policy. AutoPom does regularly require oil checks and routine maintenance throughout the course of the policy in order for coverage to apply.
All of these third party providers have benefits such as roadside assistance that will be on standby if you break down. It is important to take the time to speak with representatives of the companies so that you understand the exclusions under the policies before making a financial commitment.