extended warranty
11/12/04, 09:36 AM
#21
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Originally posted by JZInternet@November 11, 2004, 4:48 PM
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.
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.
11/12/04, 09:38 AM
#22
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Originally posted by f1-cobra@November 11, 2004, 6:41 PM
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 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.
11/12/04, 09:41 AM
#23
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Originally posted by pmcarlino@November 11, 2004, 9:48 PM
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
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
there are other place you can buy an extended warranty from however.
11/12/04, 03:23 PM
#24
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Originally posted by ace0215+November 12, 2004, 11:41 AM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (ace0215 @ November 12, 2004, 11:41 AM)</td></tr><tr><td id='QUOTE'><!--QuoteBegin-f1-cobra@November 11, 2004, 6:41 PM
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 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 guess since I got the car under the x-plan, they were trying to make up their profit from somewhere. That was when they sent me into the finance guy's room to sign the papers. Finance guys are pretty slick talkers.
11/12/04, 03:34 PM
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I am looking at the back of the mustang brochure at the moment. Lets see 3 years/60,000km for the New - vehicle limited warranty, Power train warranty is 5 years of 100,000km, Corrosion Warranty is 5 years and unlimited distance, road side assistance 3 years and 60,000 km. With this much coverage it hardly seems worth it to spend the money on an extended warranty. My experience with ESP for Ford is that the ESP warranty only kicks in after all the manufacturer's warranties. It might make more sense to buy an ESP package near the end of the manufacturers warranty thereby allowing you to keep your money in the bank until the Ford warranties run their course. 
11/12/04, 06:16 PM
#28
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I got the 7 years, 75k, bumper to bumper, (other than normal maintenance) for $2950.00. I bought the car on x-plan, and bugged the dickens out of them. They really didn't have much opportunity to make any money on my car, so I bought the warranty partly because of that. Besides that, I always get the warranty, and in this case ( as in the case of my Escape) if I don't use the warranty, I get my money back at the end of period (either miles or time..) My Escape has another year on it, and then if it has not been used by then (it hasn't so far..) I'll get my money back. Not bad for peace of mind. They really didn't push too hard on any extras. They should have. They could have made more money on me!
11/12/04, 07:19 PM
#29
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I believe Ford makes a distinction between a warranty and an ESP. An ESP is a service plan. It will cover stuff the warranty doesn't, like wear and tear, towing, car rentals while it's in the shop, and some other stuff. I got it when I bought my 2002 Mustang GT and they explained the difference but I can't remember the details. I think it's up to the dealer to set up tiered programs and pricing schedules. The one I got was a 6yr/75K miles for $1495. The service plan would be in effect concurrently with the manufacturer's 3/36K warranty. So it's not like a 9yr/111K mile warranty...
Anyway, remember that if you get ESP and later decide to sell or trade your car before the ESP expires, you can get a refund of the unused portion of the ESP. I sold my Mustang after 25.5 months of ownership and the dealer refunded 34.5 months exactly.
Anyway, remember that if you get ESP and later decide to sell or trade your car before the ESP expires, you can get a refund of the unused portion of the ESP. I sold my Mustang after 25.5 months of ownership and the dealer refunded 34.5 months exactly.
11/12/04, 07:46 PM
#30
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Originally posted by ace0215+November 12, 2004, 10:39 AM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (ace0215 @ November 12, 2004, 10:39 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-JZInternet@November 11, 2004, 4:48 PM
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.
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.
Yeah whichever comes first. In other words I won't put on the that amount of miles in that many years. Not much can go wrong if it sits in the garage most of the time. I'd rather spend the extra 3 or 4 grand on upgrading to a vert.
11/12/04, 08:56 PM
#31
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Originally posted by poldrv@November 12, 2004, 2:37 PM
It might make more sense to buy an ESP package near the end of the manufacturers warranty thereby allowing you to keep your money in the bank until the Ford warranties run their course.
It might make more sense to buy an ESP package near the end of the manufacturers warranty thereby allowing you to keep your money in the bank until the Ford warranties run their course.
11/13/04, 02:28 PM
#33
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Originally posted by eric n@November 11, 2004, 5:33 PM
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.
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.
As strange as this may sound, I didn`t even think about it that way. I plan on doing a fair amount of things to this car that will probably void the warranty anyways. Thanks for the post.
11/13/04, 04:39 PM
#34
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If you don't plan to do mods that will void the warranty and plan to keep your Stang for a while, an extended warranty is a very wise investment. You can purchase them any time before the factory warranty expires (give or take), but most won't have the money to spend. It is much easier to finance it in the purchase. There are many different warranties. If you won't drive much, get a 6yr./60(k)mi. warranty. I don't know about other places, but I wouldn't expect to pay more than $2000 for a good bumper to bumper. Beware aftermarket warranties, but don't rule them out completely. Our warranty is as good as the ESP and is alot less money, but there are some bad warranties out there. Food for thought...MOST employees here buy one....including me!
11/14/04, 01:14 PM
#36
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I thought I'd wait and let you guys tell me if I need one. If everyone starts running into problems tha I haven't I might. Especially if I'm ending my warranty and everyone else is have valve or transmission promlems.
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