Extended warranty
02-02-2016, 08:04 PM
#1
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Extended warranty
Just ordered a CCSB 2.7 and I'm looking for some extended warranty pricing info. I was only given some figures ie: extra care 6 years 200,000 km $3150.00.
Thanks
Thanks
02-04-2016, 07:07 PM
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American warranty
I just ordered a 16 as well, along with a good friend of mine. We discussed buying it from across the border as well. My buddy called over to Zeigler Ford to the guy giving deals to forum members and he said Ford Canada put a stop to this and wouldn't be honor it anymore. He wouldn't sell it to my buddy. I wouldn't risk it unless you contact Ford Canada and confirm they will.
02-14-2016, 03:01 PM
#4
Senior Member
Save your money, extended warranties are a waste. Better off taking that $3150 and investing it in a term GIC for six years, at least you'll get something useful out of it.
02-19-2016, 02:31 AM
#5
my full extended warranty paid itself off writhing the first year I've owned it. Now I've got a CEL on so it may be saving me a bunch more now.
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digitaltrucker (02-23-2016)
02-19-2016, 04:49 PM
#6
Senior Member
So in that first year, were your repairs more than what you paid for the extended warranty?
Up until you hit that point, they're just using your own money to pay the claim. In the case above, owner would need repairs over $3150 before seeing any kind of benefit to buying the extended warranty.
Most times you go through that period with no problems, pure profit on the extended warranty, and you dropped that profit into their pocket.
But that's just my interpretation, I've been lucky to never have any major issues that needed warranty coverage, let alone extended warranties.
Up until you hit that point, they're just using your own money to pay the claim. In the case above, owner would need repairs over $3150 before seeing any kind of benefit to buying the extended warranty.
Most times you go through that period with no problems, pure profit on the extended warranty, and you dropped that profit into their pocket.
But that's just my interpretation, I've been lucky to never have any major issues that needed warranty coverage, let alone extended warranties.
Last edited by SVT4MT; 02-19-2016 at 04:51 PM.
02-19-2016, 07:56 PM
#7
So in that first year, were your repairs more than what you paid for the extended warranty? Up until you hit that point, they're just using your own money to pay the claim. In the case above, owner would need repairs over $3150 before seeing any kind of benefit to buying the extended warranty. Most times you go through that period with no problems, pure profit on the extended warranty, and you dropped that profit into their pocket. But that's just my interpretation, I've been lucky to never have any major issues that needed warranty coverage, let alone extended warranties.
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02-22-2016, 11:50 AM
#8
So in that first year, were your repairs more than what you paid for the extended warranty? Up until you hit that point, they're just using your own money to pay the claim. In the case above, owner would need repairs over $3150 before seeing any kind of benefit to buying the extended warranty. Most times you go through that period with no problems, pure profit on the extended warranty, and you dropped that profit into their pocket. But that's just my interpretation, I've been lucky to never have any major issues that needed warranty coverage, let alone extended warranties.
Also by chance, I got the "happy one year in your new truck" email from ford today. I thought that it was pretty ironic I got that message the day I'm taking it in.
02-22-2016, 08:14 PM
#9
Senior Member
I'm just coming off my warranty @ 150,000.
The inter-cooler was replaced, the interior fan motor, and today, the rear window (finally...another LONG story). The inter-coolers were too small and I think would have been covered regardless.
Was it worth it? Hard to say. Mine was the '11, which was the first year of the Ecoboost. Add to that all the factory toys (power everything, Nav, etc.). So on the uncertainty I took it. I didn't get the $ out of it, but felt at the time it was a good bet.
It may depend on how many options you took. The more toys, maybe the higher likelihood of failures. Just an opinion.
The inter-cooler was replaced, the interior fan motor, and today, the rear window (finally...another LONG story). The inter-coolers were too small and I think would have been covered regardless.
Was it worth it? Hard to say. Mine was the '11, which was the first year of the Ecoboost. Add to that all the factory toys (power everything, Nav, etc.). So on the uncertainty I took it. I didn't get the $ out of it, but felt at the time it was a good bet.
It may depend on how many options you took. The more toys, maybe the higher likelihood of failures. Just an opinion.
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muirj3 (02-22-2016)
02-23-2016, 09:24 AM
#10
Senior Member
I decided not to go with the extended warranty on mine at purchase. I'll re-evaluate 6 months down the road and see how my over-all experience has been. In the meantime, I will put the money I would have spent monthly on the extended in a savings account.
I did, however, opt for the maintenance plan. Since I financed the truck at 0%, I think it wasn't a bad decision.
I did, however, opt for the maintenance plan. Since I financed the truck at 0%, I think it wasn't a bad decision.