extended warranty bs
09-26-2007, 04:27 PM
#11
S197 Section Modder-ator
Join Date: Sep 2007
Location: Orlando FL
Posts: 13,373
RE: extended warranty bs
ORIGINAL: BigFloppy
You say don't buy extended warranties, I for 1 am glad I did!
2006 Focus, 38K miles on the clock and the steering rack went out
GOT arental car for 2 days and they put new rack on the Focus,... cost me $100
ORIGINAL: 07MustangGT_girl - P.S. don't buy the extra warranties/rust proof for future reference....
2006 Focus, 38K miles on the clock and the steering rack went out
GOT arental car for 2 days and they put new rack on the Focus,... cost me $100
Good, now sell the focus
09-26-2007, 04:28 PM
#12
Gentleman's Relish
Join Date: Feb 2005
Location: AZ
Posts: 13,090
RE: extended warranty bs
ORIGINAL: StowesStang
ESP is the best one. That is a direct extension of the ford OEM warranty and is backed by ford. No third parties to deal with and it provides a free loaner car whenever the car is in for service.
The aftermarket 3rd party warranties are the ones where most headaches occur because they will argue with the dealership about what is and is not covered. Ford is Ford. If it's listed in the 'covered' list and it's not a direct result of abuse (hammer marks on a starter for example), it's covered, no questions asked.
Very correct! They will cancel at your request, and refund at a prorated amount. My husband works for Ford and we dont take extended warranty because it is just what you said, a waste, and you really dont benefit unless you have a major claim and even then they will investigate the s**t out of it before they pay. I cant remember which one was better, ESP or Millinium but one is not worth a crap at all!!!
Also,let me add, there is a lot of stipulations before they will pay for even the smallest thing. I had it on my 2004 and never had a reason come up to use it. The only thing that I ever needed done when I had it was struts and extended warranty wont cover that unless they can determine manf. defect and we all know how impossible that can be. So, I paid $1200 and never got to use it.
ORIGINAL: Derf00
No he's not. I've cancelled them before either because I traded the car in or I sold it before the extended warranty expired. It's just prorated.
ORIGINAL: torch red
i have never bought a warranty..they are a waste..
I think you are stuck with it..sorry..
i have never bought a warranty..they are a waste..
I think you are stuck with it..sorry..
The aftermarket 3rd party warranties are the ones where most headaches occur because they will argue with the dealership about what is and is not covered. Ford is Ford. If it's listed in the 'covered' list and it's not a direct result of abuse (hammer marks on a starter for example), it's covered, no questions asked.
Very correct! They will cancel at your request, and refund at a prorated amount. My husband works for Ford and we dont take extended warranty because it is just what you said, a waste, and you really dont benefit unless you have a major claim and even then they will investigate the s**t out of it before they pay. I cant remember which one was better, ESP or Millinium but one is not worth a crap at all!!!
Also,let me add, there is a lot of stipulations before they will pay for even the smallest thing. I had it on my 2004 and never had a reason come up to use it. The only thing that I ever needed done when I had it was struts and extended warranty wont cover that unless they can determine manf. defect and we all know how impossible that can be. So, I paid $1200 and never got to use it.
It also gives you a loaner car and can be warrantied at ANY ford dealership. 3rd parties will typically say "only participating dealers" and you have to call them first to find out which one is participating before the tow.
09-26-2007, 04:37 PM
#13
1st Gear Member
Join Date: Jun 2006
Posts: 103
RE: extended warranty bs
ORIGINAL: BigFloppy
You say don't buy extended warranties, I for 1 am glad I did!
2006 Focus, 38K miles on the clock and the steering rack went out
GOT arental car for 2 days and they put new rack on the Focus,... cost me $100
ORIGINAL: 07MustangGT_girl - P.S. don't buy the extra warranties/rust proof for future reference....
2006 Focus, 38K miles on the clock and the steering rack went out
GOT arental car for 2 days and they put new rack on the Focus,... cost me $100
dly 07 Black GT/CS
09-26-2007, 04:39 PM
#14
3rd Gear Member
Join Date: Sep 2007
Location:
Posts: 580
RE: extended warranty bs
I had the extended warranty on my Z71 and then the fuel pump and some other odd an end things went out, 1400 dollars worth of work done to it and it cost me 100 bucks, Then my AC compressor went out on it there was another 800 bucks, cost me 100 bucks, so as you can see I benifited by having the service plan...
09-26-2007, 04:51 PM
#15
1st Gear Member
Join Date: Aug 2007
Location: Houston, Tx.
Posts: 54
RE: extended warranty bs
I had a 98 Chevy truck and got the extended warranty, It paid for two transmissions, so it was worth it for me. Not sure if the same company does fords as well but it really depends if something goes wrong on your vehicle and if you can fix it yourself or have to get the shop to fix it. I think of it like Insurance, if you never get into a accident, then it was the biggest waste of money but only one major accident and it pays for itself. IMHO
09-27-2007, 12:56 PM
#16
3rd Gear Member
Join Date: May 2007
Location: DE
Posts: 550
RE: extended warranty bs
When ever I bought Extented Warrenties, and got my monies worth. I car I didn't, auto trans went at 86,000 miles. Cost me $2500.00. Extented warrenty would have cost me $1000. I should have bought it. If you keep a car long enough, it will pay in the end.
09-27-2007, 02:36 PM
#17
Cut & Paste Expert
Join Date: May 2007
Location: NW Arkansas
Posts: 13,322
RE: extended warranty bs
Read the fine print on the paperwork they gave you.
It most likely can be cancelled. I did it in writing within
the 30 days and got a mileage statement from my dealer.
I got the total amount refunded. Took 3 months and many
requests as to where the $$ is and another trip to the stealership
for yet another mileage statement because the first was lost.
Ride em and it will get done. Believe they want to return the
$$ and you will get the run around.[:@]
It most likely can be cancelled. I did it in writing within
the 30 days and got a mileage statement from my dealer.
I got the total amount refunded. Took 3 months and many
requests as to where the $$ is and another trip to the stealership
for yet another mileage statement because the first was lost.
Ride em and it will get done. Believe they want to return the
$$ and you will get the run around.[:@]
09-27-2007, 03:43 PM
#18
5th Gear Member
Join Date: Jun 2006
Location: Long Island, NY
Posts: 3,095
RE: extended warranty bs
What extendo did you get? mines a hundred deductible for 6 years 75k miles and it was like 900 bux. (extended care...good or bad I dk) it was like an extra 10, 15 bux more a month on the loan and since i was gonna be paying for the car for 5 years why not have a warranty til then. IMO you just wait to get things fixed when its worth it, unless it really is something bad, which will most likely be more than the 100 deductible. Keep in mind, if you add a supercharger or something, thats only gonna void your engine warranty (someone second me on this) and maybe the rest of the drivetrain, but all the suspension steering, and electronic parts of the car dont seem like they'll be effected. I'm not sure at all though. Hope this helps
09-27-2007, 04:09 PM
#19
3rd Gear Member
Join Date: Jul 2007
Location:
Posts: 929
RE: extended warranty bs
I feel your pain brother and I'm just as pissed off as you are about all the restrictions they put on it including "if you modify suspension and your tranny fails it's because of vibrations related to it so we won't fix it" type of BS. Unfortunately, I don't think you can get any of your money back though. Sorry
09-27-2007, 04:20 PM
#20
4th Gear Member
Join Date: Jul 2006
Location: CA
Posts: 1,486
RE: extended warranty bs
I had my Shaker 500, instrument cluster and fuel level sender replaced yesterday which cost $1243.59 if I didn't have a warranty. With my deductable, I only paid $120.22 so I can't complain that much. But it took me almost a month to finally get it done and my car had to be taken in for 3 whole days. I wish I would have the problems sooner so I could have gotten them fixed and then cashed out the warranty afterwards. Other than that, I think it is a waste of $1600 IMO. You can refund your warranty, but like many said, it's pro-rated. They calculate how much you paid for the warranty and deduct cost based on your mileage and how long you've had the car. For example, if you paid $1800 for the warranty on a 2006 car and you have 30,000 miles on it, you'd get back an estimated $1000. BUT...if you financed the vehicle, then the money goes back onto your loan. You don't get cash ora check as if you would if you paid cash to purchase the car. So if your loan is at $20,000 and you get $1000 back, your loan sits at $19,000.
If you're vehicle friendly, a gear-head, friends with a mechanic, or you can afford to have a shop do your work...then I wouldn't bother with a warranty.
If you're vehicle friendly, a gear-head, friends with a mechanic, or you can afford to have a shop do your work...then I wouldn't bother with a warranty.