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is the extended bumper to bumper coverage on a f-150 worth the price?

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Old 10-12-2017, 05:54 PM   #1
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Default is the extended bumper to bumper coverage on a f-150 worth the price?

I just bought a certified pre-owned 2013 F-150 Lariat with 41k miles for $30,400. The dealership is trying to sell me an extended bumper to bumper warranty out to 140k miles for $2830. worth the price?
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Old 10-12-2017, 06:01 PM   #2
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Only you can answer that. Is peace of mind for 100K miles worth $2830? I got the extended warranty added into my financing. Its a $50 deductible past the 3 yr/36 month and 5 year 60K powertrain, all extended to 6 years/125K. Also get 2 years maintenance and loaner vehicle during repairs. Cost me an extra $4 a month on my loan, or $240.
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Old 10-12-2017, 06:04 PM   #3
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Warranties on used trucks are going to be way higher but as stated you have to ask yourself if it is worth the piece of mind to you. You could always save the money for any issues that may come up.
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Old 10-12-2017, 06:10 PM   #4
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I bought a used '13 GPO. It came with an extended warranty to 100k. At 98K, I had a valve go bad in one of the heads. I was glad I had the extended warranty. I thought it came automatically with a CPO. I'm not sure I'd pay $2830 for it. If they include it free would be a good deal.
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Old 10-12-2017, 06:13 PM   #5
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Quote:
Originally Posted by [email protected] View Post
I just bought a certified pre-owned 2013 F-150 Lariat with 41k miles for $30,400. The dealership is trying to sell me an extended bumper to bumper warranty out to 140k miles for $2830. worth the price?
On second thought, thats a terrible deal. In April I bought a 2016 Explorer Limited AWD with 42K on it. I settled on price and told my salesman that I would sign paperwork if they made it a CPO, which took the warranty to 7 years/100k on powertrain and 6 years/75k on b2b if I remember correctly.

I read your post as an added warranty, not CPO. CPO has built in extra warranty with it.
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Old 10-12-2017, 06:28 PM   #6
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Quote:
Originally Posted by Summers22 View Post
Only you can answer that. Is peace of mind for 100K miles worth $2830? I got the extended warranty added into my financing. Its a $50 deductible past the 3 yr/36 month and 5 year 60K powertrain, all extended to 6 years/125K. Also get 2 years maintenance and loaner vehicle during repairs. Cost me an extra $4 a month on my loan, or $240.
You got all of this for $240? The 2 years of maintenance is worth $240. Something doesn't add up.
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Old 10-12-2017, 06:45 PM   #7
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i got the ford premiumcare esp added on to my deal. it was around $1800 for 5 years/100k miles. this was on a brand new truck though.
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Old 10-12-2017, 06:46 PM   #8
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Two questions. How many years is it good for? And is it a ford service plan or a third party plan? I don't think it's a terrible deal if it's for 6 or 7 years and it's an official ford service plan. If it's 4 years and 3rd party, probably not so great.
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Old 10-12-2017, 06:54 PM   #9
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A couple more thoughts... I'm a believer in extended service plans. Seems like lots can happen after 50 or 60k miles. Although they seem expensive up front, it doesn't take many problems to pay themselves off. We have a Sienna we bought an aftermarket warranty on and it has been worth it's weight in gold. I almost hate driving it now that the warranty is expired.

Most people on the forum will tell you they're a waste of money, but I disagree... Shop around though also. If it's a ford ESP, it might be a bit cheaper from Zeigler or flood ford.
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Old 10-12-2017, 07:03 PM   #10
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Originally Posted by Sortsol View Post
Most people on the forum will tell you they're a waste of money, but I disagree... Shop around though also. If it's a ford ESP, it might be a bit cheaper from Zeigler or flood ford.
you can also use their prices to negotiate with your local dealer.
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