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Old 01-19-2019, 11:22 AM
 
560 posts, read 387,529 times
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Original Ford factory warranty is about to expire. I know a lot of people think they are a waste but I think I will buy one since I had trouble with my last car long before 100k.
Debating whether to go with a 6 yr/100k or a 7 yr/125k option. I drive 25k miles per year so the first option would last maybe 2 1/2 years at my current pace.
First option costs approx 1200 and the second option is about 600 more at 1800 (with a 100 deductible).
Which option should I go with?

Last edited by Drago45; 01-19-2019 at 11:30 AM..
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Old 01-19-2019, 11:29 AM
 
Location: San Antonio, TX USA
5,128 posts, read 9,316,028 times
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The one that keeps money in your pocket. Take that 1200/1800 and put it away to use on repairs if you need it.
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Old 01-19-2019, 11:37 AM
 
560 posts, read 387,529 times
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Quote:
Originally Posted by Me007gold View Post
The one that keeps money in your pocket. Take that 1200/1800 and put it away to use on repairs if you need it.
Lots of electronics and stuff, I'm just thinking there is a lot that can go wrong and it will at the worst possible time!
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Old 01-19-2019, 11:51 AM
 
Location: Aurora Denveralis
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The one where you put $100 in a jar once a month and use it to pay for anything that breaks.
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Old 01-19-2019, 12:06 PM
 
560 posts, read 387,529 times
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Originally Posted by Quietude View Post
The one where you put $100 in a jar once a month and use it to pay for anything that breaks.
I've never bought one before but my last experience had me thinking that maybe it's a good idea. A friend had an experience where he had like 4 grand in repairs that were paid for by his warranty. Mechanics around here rake you when something breaks.
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Old 01-19-2019, 12:11 PM
 
Location: North Beach, MD on the Chesapeake
32,954 posts, read 40,374,118 times
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It's an insurance policy. I've had a couple over the years and never used them so,in my case, I'd call them a waste.

I shouldn't say I didn't use them because I tried to in one case. What needed fixed/replaced wasn't covered, a starter coil at around 60K.
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Old 01-19-2019, 12:18 PM
 
Location: Aurora Denveralis
5,093 posts, read 1,682,406 times
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Quote:
Originally Posted by Drago45 View Post
I've never bought one before but my last experience had me thinking that maybe it's a good idea. A friend had an experience where he had like 4 grand in repairs that were paid for by his warranty. Mechanics around here rake you when something breaks.
There has been much discussion of extended warranties here and just about everywhere else. For every time someone hits the jackpot and gets some large and unexpected repair covered, there are a thousand policies that are either never touched or do not cover encountered problems.

The coverage is limited (largely to parts that don't break) and the exclusions go on for pages.

You are better off maintaining the car well and setting aside a little for repairs. That $1500 you have burning a hole in your pocket would be a good start.
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Old 01-19-2019, 12:25 PM
 
Location: Floribama
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I think it largely depends on the kind of vehicle. I you’re diving something that’s known for having expensive failures (like a Nissan with a CVT), it may be worth it.
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Old 01-19-2019, 12:36 PM
 
Location: Aurora Denveralis
5,093 posts, read 1,682,406 times
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Originally Posted by southernnaturelover View Post
I think it largely depends on the kind of vehicle. I youíre diving something thatís known for having expensive failures (like a Nissan with a CVT), it may be worth it.
Assuming the warranty covers, say, the CVT without imposing half a page of restrictions and requirements that may or may not be provable.
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Old 01-19-2019, 12:41 PM
 
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What model Ford will significantly impact the need for the warranty.
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