View Poll Results: Would you pay a premium for a used truck with a Ford extended warranty?
Yes
14
63.64%
No
8
36.36%
Voters: 22. You may not vote on this poll
Twist on extended warranty question...
#1
Senior Member
Thread Starter
Twist on extended warranty question...
Hello All,
I have about 250 miles left before my warranty expires. I have been planning on getting an extended warranty at this time. That said, I am entertaining a job switch that would provide a company truck, and thus I would sell this one. My question is, when buying a used truck, would you pay any more for the piece of mind of an extended warranty? I may end up keeping the truck if the job falls through, but if I am going to get the ESP, now is the time. I would only get the Ford factory plan, likely from Zeigler or Flood.
I know this is not an investment, and certainly wouldn't be the reason I would purchase it, but it got me thinking.
Thanks!
I have about 250 miles left before my warranty expires. I have been planning on getting an extended warranty at this time. That said, I am entertaining a job switch that would provide a company truck, and thus I would sell this one. My question is, when buying a used truck, would you pay any more for the piece of mind of an extended warranty? I may end up keeping the truck if the job falls through, but if I am going to get the ESP, now is the time. I would only get the Ford factory plan, likely from Zeigler or Flood.
I know this is not an investment, and certainly wouldn't be the reason I would purchase it, but it got me thinking.
Thanks!
#2
Senior Member
Yes, with the caution that you won't recoup the bulk of your money. It would likely make the sale of your used truck easier/quicker. Probably also should examine what sort of history you've had with your truck up to this point. If it has been relatively trouble-free, it will likely continue to be so for quite a few more miles.
#3
Senior Member
Warranty
I would let it ride.. change your oil and don’t pull any trailers.. the f150 will go a lot of miles if you just take it easy with it. Many more than you expect...
#4
Senior Member
I answered yes because 3 years ago I bought my first CPO vehicle. But thinking back it really didn't hold a premium to another non-CPO vehicle I found at the same time. I could have had both for the same price but the other had 4000 miles more. It was a year off of lease when I found it, almost like new with 8200 miles. It was actually better than a new vehicle warranty in that it extended the bumper to bumper and power train two years past original. The B to B ran out last year the power train next year. I never came close on mileage. In that time I had a mirror causing the LF speaker in the drivers door to vibrate and two software recalls. Never anything that raised concern or a flag and it's been a solid performer towing my TT.
Last edited by Wicked ace; 09-01-2018 at 11:08 AM.
#5
Senior Member
Meticulous maintenance records would impress me as a buyer a lot more than a maintenance plan, which I could buy myself or give you a fraction of its value.
You can buy a plan and then cancel it and get a pro-rated refund if unused. Few think to.
You can buy a plan and then cancel it and get a pro-rated refund if unused. Few think to.
#6
Senior Member
If I were buying a 3.5, it would enhance my comfort to buy used. Not sure I would pay extra for the truck because of it.
#7
Senior Member
Thread Starter
Interesting thought, I did not know that. I would really only buy it in the event I ended up keeping the truck, but being able to get some of the purchase back if I did end up selling might help. Any Idea what that metric looks like? What the prorated amount is over time/ miles?
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#8
Senior Member
60K 5-6yr ESP base care plan with $100.00 ded. . Gives the buyer some piece of mind or you if you keep it at a reasonable cost. Just got my wives 2011 Rav 4 3.7 V6 27K out of the shop because of a bad head gasket. Have 6 months left on Toyota's CPO plan covered it all (2,300 bucks worth). Reason for buying a CPO vehicle the warranty.
https://www.floodfordesp.com/esp_pla...ubmit=Continue
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18 Lariat 502a Screw max tow.
https://www.floodfordesp.com/esp_pla...ubmit=Continue
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18 Lariat 502a Screw max tow.
Last edited by ks54703; 09-01-2018 at 02:49 PM. Reason: More info
#9
Senior Member
Interesting thought, I did not know that. I would really only buy it in the event I ended up keeping the truck, but being able to get some of the purchase back if I did end up selling might help. Any Idea what that metric looks like? What the prorated amount is over time/ miles?