Warranty
Author
Discussion

Barry Ashcroft

Original Poster:

1,958 posts

245 months

Monday 25th November 2013
quotequote all
The used car warranty of my SLK55 is up for renewal. Mercedes want nearly £1300 for the full tier 1. Has anybody negotiated a lower price with them or is it fixed in stone?
I believe it's underwritten by Mondial for Mercedes.
Can anybody recommend an alternative product which they have had good dealings with??

ecain63

10,644 posts

199 months

Monday 25th November 2013
quotequote all
Mine is due in Jan too. When i had my BMW M5 and tier 1 with Mondial it was £80/month. Bargain. Seems the prices have shot up across the board now. They want £130/month on the C63 when it renews.

Good thing is Merc seem to be a bit more reliable than the //M cars so i'm just going to plump for a slush fund.

Barry Ashcroft

Original Poster:

1,958 posts

245 months

Monday 25th November 2013
quotequote all
Yeah it's £130 per month for me as well. I coughed when I paid Porsche £900 per year I now realise that was a bargain.

Monkeylegend

28,563 posts

255 months

Monday 25th November 2013
quotequote all
Is there a mileage limitation?

ecain63

10,644 posts

199 months

Monday 25th November 2013
quotequote all
60k is first covered price increase i think and then 100k is where cover drops off to named part.

Barry Ashcroft

Original Poster:

1,958 posts

245 months

Tuesday 26th November 2013
quotequote all
£335 to pay monthly must be financed by Wonga


Monkeylegend

28,563 posts

255 months

Tuesday 26th November 2013
quotequote all
£132.50?

matc

4,735 posts

231 months

Tuesday 26th November 2013
quotequote all
Monkeylegend said:
£132.50?
£132.50 x 12 = £1590

Annual Policy = £1255.90

Interest = £334.10 (27%)

HTH wink