Thoughts on extendid warranty
#1
Senior Member
Thread Starter
Thoughts on extendid warranty
Hi everyone I have a 2000 5.4 v8 2x4 F-150 and over the past 3yrs I've replaced the ball joints upper and lower, new battery, intake manifold, and recently just cashed out $400+ for new fuel filter, lines and 3 coils!!! I saw a commercial for extendid warranty's for cars with 100,000 miles and I'm at 142,xxx! The truck drives great but you never know with the high miles I have on it! So what do you guys & gals think of those extendid warranty companies or are they some type of scam??? Also if anyone has one please chime in and tell your good/bad experiences!!!
#2
in the house
ExtendEd (with an 'e') warranties on high mileage vehicles typically cost an extraordinary amount of money. Go ahead and get a quote and you'll laugh your *** off at how ludicrous it is. I'll take a ballpark guess and say it will cost you $3500 for 2 years/24,000 miles of coverage.
#3
Senior Member
Thread Starter
ExtendEd (with an 'e') warranties on high mileage vehicles typically cost an extraordinary amount of money. Go ahead and get a quote and you'll laugh your *** off at how ludicrous it is. I'll take a ballpark guess and say it will cost you $3500 for 2 years/24,000 miles of coverage.
#4
Senior Member
You're going to pay more than half the market value of the truck in warranty payments. Doesn't make a damned bit of sense.
#6
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Join Date: Feb 2010
Location: Grand Forks, ND for college; Langdon, ND is home
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after market extended warranties are a scam, most dealerships won't even honor them cause of all the problems with them. The only extended warranty worthwhile is the one offered by the manufacturer.
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#8
Senior Member
Had one on a 1998 Mercury Sable. The ONLY shop which would honor the warranty was the dealer who sold it. No one else would touch anything on the car under warranty, as they took forever to pay if they paid at all. Really handy when you're on a 1500 mile road trip.
They're a scam.
#9
DIY
Thanks for the spelling correction! I am NOT smarter then a 5th grader LOL!!!! I did get a quote! $495 down and $108 a month for 18mo! It covers engine, trans, axel, a/c, heat, cooling system, electrical system, and transfer case! Now I would have to actually look at the "fine print" of the policy to see WHAT it covers in those componets! Feel me!!! What do you think??? Honestly!!!
#10
IMO Scam... Unless its from Ford... Alot of those extened warranty companies are only up and running for a short period of time. So by the time you need them... They already closed up shop... G/L in finding one thats been around awhile without giving its customers the run around...
But here food for thought.. When I was buying my truck "New". I came in with a warranty from an after market company that was $600 less than what Ford was offering for the same plan... They came down and matched it (Boy was I happy!!).. I don't know if they will do it for an older model. But it can't hurt to ask..
Nick,
But here food for thought.. When I was buying my truck "New". I came in with a warranty from an after market company that was $600 less than what Ford was offering for the same plan... They came down and matched it (Boy was I happy!!).. I don't know if they will do it for an older model. But it can't hurt to ask..
Nick,
Last edited by Nicky817Nick; 10-12-2010 at 02:31 PM. Reason: Added something..