I thougt I would pose this question in a poll. I was wondering how many of you getting an `05, are getting an extended warranty considering this is a first model year car.

 

Get it. Its an "all new" car.

 

I`m thinking about it. It can be a rip off sometimes

 

How much is the extended warranty? And how extended is it?

 

I'll probably get it, but I'll shop around to and try to get the dealer to come down on price.

Jason

 

I haven't bought anything since my '98 GT and it was about a grand for the extended warranty... well worth it, IMO

 

I don't know the specifics of it. Cost, coverage, etc.

But I'm inclined to say that I will not get it.

 

I voted no for a couple reasons. For one my car will be stored in the winter and only driven on the weekends or when I feel like taking a cruise. So the time will run out long before I can put on those extended miles. Secondly, if there are any major issues with the car (either now or down the road) it will be recalled by ford and fixed for free anyhow.

I bought an extended warranty on my explorer and I'm glad I did because I had to take it in this week for a few different things, but on this car in my situation it's just a waste of money.

EDIT: My step brother works for ford and bought a new f150 about a year or so ago. He was having issues with the trucks drivetrain. Not exactly sure what. All I know is that they said they wouldn't cover it and it was going to cost quite a bit to fix. Which is pretty ridiculous for what you pay for these extended warranties.

 

Given that a rather large percentage of posters on this board plan to modify the heck out of their car, I would think that an extended warrentee would be a waste. For me NO.

 

My Mustang is going to be an every day driver, so at this point I am inclined to say 'Yes' on the extended warranty. I will have to see what the price is when my car comes in to decide.....

 

I got it...my total warranty is 6 years/70000 miles. I want this car to run forever.

 

I got it, 5 years 75k bumper to bumper, 3/36k free maintainence.

 

I did not get the extended warranty. They offered an additional 3 years/36,000 miles for $3,500. It just seemed like a little too much for 6 yrs/72,000 miles when we paid $2,500 for our Lincoln LS to extend it to 7 yrs/75,000 miles in March of 2003. Besides, I learned that in order for our extended warranty to remain valid, we have to let the dealership do all of the maintenance work that they see necessary. It does get very costly, especially when they want to replace the air filter at their cost.

Being that I like to work on cars, and I have a cousin who owns a Ford repair shop near the local Ford dealership, it just isn't cost effective for me to go with the extended warranty.

 

I voted no. For one my car will be stored in the winter and only driven on the weekends or when I feel like taking a cruise. So the time will run out long before I can put on those extended miles. If I get close on the miles or time I can then make the desicion.

 

what he said

 

Why buy it up front? my friend is coming up on his warrenty for a 2002 bought in 01'. They keep sending him info on extending his warrenty. Same price as when he bought the car. On a side note it good that he didn't includeit in the loan because he would be paying interest on 3000 dollars for the last three year when the factory warrenty was still in tacked.

You have up to 33 months or 33.000 miles to still buy it according to the info they are sending him

 

No for right now. I can't afford it even if I wanted it.

 

Best argument I have heard so far, that made up my mind not to buy it up front.

 

For any of you guys out there that have Geico auto insurance, they offer a extended warranty called MBI(multi risk coverage). IMO its a sweet deal b/c you pay as you go....usually 30 to 40 dollars extra per six months. It has a 250 deductible and drops your glass deductible down to 50 bucks. It is 7yrs/70000 miles but if you dont keep the car for that long you don't pay for a warranty you didn't use. It covers bumber to bumber also except normal wear and tear.

 

Mine was $900 for an additional 3 years, bumper to bumper with a $50 deposit per visit (not per failure). Got a better interest rate than I expected so that allowed me to get the warranty.