Extended Warranty on New GT Worth It?
01-12-2012, 03:04 PM
#31
5th Gear Member
Join Date: Aug 2006
Location: Cumming, GA
Posts: 2,460
What if you refinance the loan? Is the cancelled ESP money on the back end going to be moved up to the 'front end' or how does it affect refinancing?
I know the dealers need to make money what with the Costco or Truecar pricing stuff they have to honor with a customer but to not have told me that there were 'stages' of ESP, and pushed the most expensive ESP plan on me from the get-go is annoying.
I know the dealers need to make money what with the Costco or Truecar pricing stuff they have to honor with a customer but to not have told me that there were 'stages' of ESP, and pushed the most expensive ESP plan on me from the get-go is annoying.
01-12-2012, 03:59 PM
#32
If you refi the car, yes, it is moved up to the "front end".
What happens is your payments will drop because you principle no longer has the cost of the ESP.
Example: you buy the car with ESP. You find a better rate for interest an refi the car and dump EsP, your payments will drop for two reasons: your interest rsate is better. You owe less on prinviple because the cost of ESP is removed
What happens is your payments will drop because you principle no longer has the cost of the ESP.
Example: you buy the car with ESP. You find a better rate for interest an refi the car and dump EsP, your payments will drop for two reasons: your interest rsate is better. You owe less on prinviple because the cost of ESP is removed
01-13-2012, 04:36 PM
#33
3rd Gear Member
Join Date: Sep 2010
Location: Eastern Tennessee
Posts: 628
The dealer suckered me into buying it as well. Is it worth it to me? Heck no. In fact I am going back to the dealer here within the next week and I am going to cancel it. They will prorate it for me or take some months off my loan. The 3/36 and 5/60 mile warranty should be enough for these cars.
01-13-2012, 06:00 PM
#34
5th Gear Member
Join Date: Nov 2006
Location: Alabama
Posts: 2,935
I got a 75k mile one and have already benefitted from it.. they even replaced the peeling airbag emblem with a brand new airbag, fixed my lumbar support, fixed a rear end leak.. and I'll be using it again here soon for a messed up door sensor and I'm going to see if they'll give me a new head unit since the ****ing buttons are peeling and it looks like ****. Also it may be a long shot, but there's a portion where the dye on my leather has come off (WTF).. so I'm going to see if they'd cover that. Even since the car was new, Ford has honored everything under warranty and I am happy with their service.
01-13-2012, 08:07 PM
#35
2nd Gear Member
Join Date: Mar 2006
Location: Maryland
Posts: 154
If it breaks, they'll cover it.
I got a 75k mile one and have already benefitted from it.. they even replaced the peeling airbag emblem with a brand new airbag, fixed my lumbar support, fixed a rear end leak.. and I'll be using it again here soon for a messed up door sensor and I'm going to see if they'll give me a new head unit since the ****ing buttons are peeling and it looks like ****. Also it may be a long shot, but there's a portion where the dye on my leather has come off (WTF).. so I'm going to see if they'd cover that. Even since the car was new, Ford has honored everything under warranty and I am happy with their service.
01-14-2012, 05:57 AM
#36
1st Gear Member
Join Date: Nov 2011
Location: Nevada
Posts: 88
Aftermarket warranties will not cover anything Airbag related, the only exception I have ever seen is Carmax warranty.
01-14-2012, 10:01 AM
#38
2nd Gear Member
Join Date: Oct 2011
Location: MD
Posts: 445
I've got the 100k mile extended warranty, the free services till 100k and something else....can't remember. getting them DID add up some $ to the overall price, but it dropped my interest rate a LOT. It actually lowered my over all monthly payments by $100!!! That alone was worth it to me. The only thing I will ever have to pay for until 100k is tires and clutch. (They even cover brakes and light bulbs and wiper blades!)
I've crossed 6500 miles since the begining of Oct when I bought it. It's already saved me about $2500 when it had to be re-painted. I am NOT complaining about the extended add-ons.
Also, the dealer is pretty mod-friendly, as long as I 'clear' it through them before I do anything.
I've crossed 6500 miles since the begining of Oct when I bought it. It's already saved me about $2500 when it had to be re-painted. I am NOT complaining about the extended add-ons.
Also, the dealer is pretty mod-friendly, as long as I 'clear' it through them before I do anything.
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