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Q: Should I buy an extended warranty? (for 2003 Merc E320, 46k mi on 2003 Mercedes-Benz E320

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I just bought the car and the dealer is offering an extended waaranty for 48 mos or 50k mi for $4000. Is it worth buying?
The Company is called Safe-Guard Products International.
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The car is a 2003 E320 with 46,000 miles. The Mercedes Dealer is selling a warranty that is supposably the most comprehensive used car coverage available (from Safe-Guard Products Int'l). It's difficult to list coverage, long list on paper. Thank you very much for your reply.
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these cars are known for alot of issues after the 50k mile mark. thats why most people lease them for 3yrs 36k miles. good luck with your decision
I did that once and after the trans. went out I found out that the company no longer existed. $4,000.00 is a lot of cash to put out for a limited warranty. Good luck, I'd pass on it though......Starborder
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