warwickbass

I went to a dealer last night and haggled a bit on an automatic 2015 Mustang GT Premium. He ultimately agreed to a 5-year/100K-mile bumper-to-bumper warranty for just under $2600. Is that a good deal? As soon as I sell my 2005 GTO, I'm going back to dealership to buy the car. Should I tell him to drop it? Or renegotiate a lower price? What about buying an extended warranty outside the dealership? I plan to keep the car for at least five years and I'd like to do some simply CAI/exhaust bolt-ons. Thanks!

Iceman1947

We bought a DIB about a month ago. Got a 7 year, 50k esp for $1750. It's not a DD so we didn't need a lot of miles. Hope this helps.

warwickbass

Thanks. I got a 72-month/100K-mile B2B ESP for $2000. He also lowered my interest rate by almost a point which will allow me to pay even more towards the principal each month. It was my first time buying new, and I think that I did all right. The guy upstairs seem far more flexible than the downstairs finance guy. I also paid roughly 1/3 in cash.

mobb70

I got a 7 year 80k miles for I think 2200ish. Since factory warranty doesn't give you a rental, I call it a win. Plus most major parts that fail will fail in that time if they are faulty.

jwog666

esp premium care is the best package out there, it covers almost everything. the cheaper packages cover some but not all parts, so the repair being covered is determined by the failed parts coverage.

Camster

Don't buy non Ford warranties.

I would only worry about the powertrain,so paying 2200 to extend a 5 year/60k powertrain factory to 7 year/80k.doesn't sound like much of a deal to me.
Obvious abuse won't be covered in any case.Mods could be an issue.
Extended warranties are gravy revenue for dealers.
I suppose the question for the OP is,Do you really expect to put 100k on the car in five years?
We only bought one extended warranty here.Non factory-a complete waste of money.
I've also owned many cars,and in only one case would an extended warranty benefited me,and in that case,Ford extended the factory warranty as many Taurus cars had trannies with premature failure.

Mr. D

As I remember Ford also offers warrantees that only cover major component failures & not all the little stuff. That might be a way to go if you have to have a warrantee. Prices go up after your 36/3 year expires! I wish Ford would offer a cheap warrantee that only covered the auto trans. When it goes... good luck with rebuilds! I'd rather have a auto trans out of the lowest mileage used car I can find than a rebuild that lasts 18 minutes past the warrantee period.

At 74, I have never come out ahead on a warrantee I payed anything extra for!