Join Date: Aug 2010
Location: Port Elgin, Ontario
Another one of those personal preference things Yvan - I bought an extended warranty one time, and one time only, and that was on my first F150, a '98 XL lease return with 68,000km.
I drove that truck another 100,000km with no issues whatsoever.
My personal opinion is that it's a waste of cash - the way these trucks are built, if they are regularly maintained, you should have no issues for at least the first 150,000km.
Consider that if you pay $1500 (for example), for an extended warranty, that would mean that the first $1500 on any claim you make was essentially coming out of your own pocket anyway.
To get any kind of benefit from an extended warranty, the cost of repairs would have to exceed the cost of the warranty, and for what they charge, and the dubious coverage they provide, it's a crap shoot.
Besides that, I believe you have to be careful, as a lot of these extended warranty's have nothing to do with Ford - they're a third party company, and that third party company is looking to make money, not pay warranty claims.
But, some guys like the peace of mind in knowing they're covered.
My $.02. Mike
- 6550 lb bundle of joy