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Truck Extended Warrenty Plan

Discussion in 'Off Topic Threads' started by ken1okie, Dec 9, 2011.

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  1. ken1okie

    ken1okie Active Member

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    Could anyone suggest an extended warrenty plan that can beat the dealer prices???
     
  2. TOOLMAKER 251

    TOOLMAKER 251 Active Member

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    Are you asking about a manufactures extended warranty, or a aftermarket one? The cost of a manufactures warranty is negotiable and varies from one dealer to another. You also have to be very careful if you choose a aftermarket plan, because there are dozens if not hundreds of flim flam companies.
     
  3. Catpower

    Catpower Molon Labe TS Supporters

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    Save your money
     
  4. Kevin Nelson

    Kevin Nelson Member

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    95% of aftermarket warranty plans are a Joke. Save you money. The normal factory warranty plans are all you normally need. The dealers make their money on selling extended warrantys and acserories (Spelling sucks).
     
  5. Pull & Mark

    Pull & Mark Well-Known Member

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    Ken, I too say keep your money and don't buy a extended plan. Buy the truck with the best warrenty to start with. I'd look at Toyota or something other than the big 3 first and go from there. Kia and Hundi have 100,000 mile bumper to bumper at "no cost" at this time. Not sure what types of trucks they have though. Good Luck and break em all Jeff
     
  6. ken1okie

    ken1okie Active Member

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    Truck is question is 2010 F250 Superduty which has 16,515 on the clock.
    It still has some factory warrenty left but being my first diesel(other than my lawn mower) I thought I'd explore the extended warrenty. I had a Ford dealer give me a outrageous quote.
     
  7. Bruce Specht

    Bruce Specht Well-Known Member

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    Unless you have no knowledge of a first rate technician that you can trust, an extended warranty is a waste of money!
     
  8. TOOLMAKER 251

    TOOLMAKER 251 Active Member

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    Ken1okie, I have the same truck as you, your warranty is 3 year/36,000 bumper to bumper 5 year/60,000 powertrain, 5 year/100,000 mile diesel engine. read your warranty brochure.
     
  9. timb99

    timb99 Well-Known Member

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    Do NOT buy an aftermarket extended warranty plan. They are Ponzi schemes. Pure and simple.
     
  10. Reinz

    Reinz Member

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    Twenty years ago I ran a boat dealership. We doubled our cost on ext warranties.

    I have been told that car dealers make even more than that now.

    Knowing this, when I bought my Dodge Ram, I negotiated down to half their asking price then I added $100. I fiqured they needed to make something. It's all gravy for them.
     
  11. ken1okie

    ken1okie Active Member

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    Thanks guys for all your help!
     
  12. englishupland

    englishupland Member

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    I used warranty direct and although they fought me a bit they did cover a fairly substantial repair
     
  13. John Galt

    John Galt TS Member

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    Ponzi schemes- that's funny since Ponzi schemes are investments where the investor expects to make a profit. Extended "warranties" aren't warranties at all- what they are is mechanical breakdown insurance policies.

    There are many factors to consider when contemplating buying one of these products and what be right for frick won't necessarily be right for frack. Among those factors are price, completeness of coverage, length of policy and your financial ability- can you afford a major repair bill?
     
  14. trim tab

    trim tab Active Member

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    Being a retired New Car Dealer, whatever you do make sure it is the manufactures plan (vehicle make you own) and not some aftermarket company. Many aftermarket companies become insolvent over the years or many times look for reasons not to honor the claim. If it is a manufacturer warranty it is honored at any Ford dealership if it is on a Ford unit and the dealer has much more latitude in getting repairs approved. Feel free to shop other Ford stores.

    The failures you see today are not powertrain as it was many years ago as majority of the manufacturers today have good engines trans, diffentials etc. The expense is in window regulators, power seat motors, ac fan motors, blowers etc. Electrical items. Lot of those parts are very expensive.

    Just a little observaton after 35 years in the new car business.

    Good luck.
     
  15. grunt

    grunt TS Supporters TS Supporters

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    Ive had and used an extended warranty for a Ford truck. Negotiated the price and I was very pleased. If I were buying a diesel truck Id get a Ford extended.The diesel repairs are expensive..
     
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