I thought I share some of my recent experiences and alert potential buyers out there.
I was trying to buy another SLK55 AMG to upgrade my other SLK280 recently.
I was having difficulty obtaining "extended warranty" from 3rd party for my potential SLK55 AMG purchase (MB's extended warranty DOES NOT cover the convertible roof mechanism. Therefore I was looking at 3rd parties. I confirmed this with two different MB dealers). MB dealer is quoting me like $3900 for two years AFTER/in addition to the CPO runs out (CPO is usually good for 12 months AFTER the initial original MB factory warranty). So if I buy a CPO from an MB dealer and wanted two more years (for a total of three years after the initial original MB factory warranty) this will cost $3900.
Here is the problem: On the SLK55 AMG's currently out of warranty.....the 3rd party companies will not offer the "full coverage policy", but will offer "lesser packages". Also when the 3rd party is willing to cover, the price is WAY UP THERE!! This is CONSIDERABLY higher than the "3rd party extended warranty" that I took out at the time of purchase for my other SLK55 AMG (it was still under original factory MB warranty at the time).
For the potential 2006 SLK55 AMG's that I looked at I was quoted the following (Most of the 2006's are out of warranty or almost out. For the 1st example below, the one with 32K miles on the ODO.....it has a few months left in the original MB factory warranty and is a CPO from an MB dealer. But as you can see the cost is still WAY UP THERE. Price had gone up since about one year ago--the last time I dealt with them. They told me that they are experiencing too much "unpredictability" with the SLK55 AMG's and the EXTREME high cost associated with repairs for the SLK55 AMG's.
"To cover the 2006 AMG w/ 32K with exactly what you have (FULL COVERAGE) XXXXXXXXXXXXXXXX - 60 months or 75,000 miles with a $100 deductible, it would cost $8183.
To cover the 2006 AMG w/ 53K with ("LESSER COVERAGE"....I THINK IT COVERS ONLY ENGINE AND TRANNY.....XXXXXXXXXXXXXXXX, 48 months or 50,000 miles with a $100 deductible, it would cost $6345."
Man, I am just happy that I got my low mileage SLK55 AMG plus 3rd party extended warranty when I did.
Again, more than likely that ALL WILL GO OK and I will not need to use the extended warranty. But for the AMG's I would rather go the "safe route" and have some kind of extended warranty in place.
So the hunt continues for another SLK55 AMG to upgrade my other SLK280. Incidentally I should post my SLK280 for sale in the for sale section soon.