Tough question, you'll never get a consensus or even a magic phrase that makes your decision easy.

In my case, the factory ESP that we had on my truck gave a power train warranty up to 200,000. All told, ford took care of approx. $30,000 worth of repairs on this truck.

So, in my case, I could buy the biggest baddest extended warranty that Ford offers for my next 5 vehicles and break even. The answer in my case is easy. I'll take it every time.

I ordered a '15 F350 yesterday, will definitely get the "insurance" when I get the truck.

 

Point taken......In a sense I agree, new engine at the end. But, like insurance, I don't want to have to use it, but am more comfortable to know that I am covered.
But, as you stated, a new engine at that point in the life of the vehicle would be nice too!

 

That's the way I am. Everytime I had warranty work done, I asked what the cost was so I could calculate how far ahead I was.

 

Funny thing is, I'm the opposite. Never buy them and never needed one/wished I had. I'm literally over 25k ahead in less than ten years. Either way is a gamble, but if I'm going to gamble, I'm betting on winning, not loosing... I suppose, if I was short on cash, only had one vehicle, and maxed out my credit to buy it, I may play it different. In essence, this question is situational so it can only really be answered by the OP based on his personal circumstances. For me though, if/when stuff starts to go wrong and cost me big bucks, it's the perfect time for a new one! Always looking for he next best thing in my stable...

 

I've only lost out once, and ironically it was on a 3-year-old Toyota whose rear differential exploded a year ago. But all of the money I've saved over the years not buying them easily exceeded the bill.

Of course had that been an engine failure on the '11 F350 I used to have it would have been a different story.

 

I think Rodney hit the nail on the head. While I buy them on big ticket items, he prefers not to, in the end it's all about personal choice. If I hadn't planned to keep my current truck longer than 3 years or so, I wouldn't have purchased it either.

 

When I purchased my '12 I did not buy an ESP...... I would decide to buy one at the end of the factory warranty of trade in on a new truck.

I will have to make that decision next year.

 

My opinon, I would get a bumper to bumper and comprehensive engine warranty.

Why?

Because these trucks aren't cheap to work on, much less attempt to fix yourself. With some of the failures I've seen and what it costs the people that experience them out of warranty and otherwise, it's why I will continue to admire the 6.4 and 6.7 trucks and never own one.

Back in the 7.3 days, one could afford to run without a warranty and not worry about too much becuase they were easy to workon, there wasn't much to them, and you could usually figure things out if you had to.

As we've gone on through the generations of Powerstrokes, they've become more and more complex with emissions equipment and when something fails and it's either not covered or you're outside of the warranty period, it's $$$$$$$$$$$$

No one wants to have a $700+ monthly truck payment, plus insurance, and then on top of it all, have to shell out money becuase something wasn't covered under warranty.

Yeah, Ford meets you half way by giving you a base warranty, but you would be wise to purchase a Comprehensive Extended warranty to make sure you're covered. Especially if you're like me and drive the wheels off your truck.

 

For you it worked out great but I sold insurance and they don't lose out and like the Casino have the odds in their favour. I figure if you really take care of the truck and still end up with major repairs it is time to switch vehicles and manufacturers. Right now my 2011 F-250 (40 months old) just had 2 batteries and a new starter needed at $1,204.50 and this morning I need front pads and callipers so with the oil and tire rotation, and 2 marker lights, (they have to remove the grill) I am at $900 plus tax. $2,100.00 plus in 3 weeks on the truck. However, at 179,000 kms I knew I was near some brake work. (The rears were done a few months ago at $800) If this keeps up the truck is gone and I will go to a new 150 or 1500 series truck. The heavy duties are costly to maintain. I shutter to think if the diesel engine were to need major repairs. If I had a Bugatti then I could afford the $57,000.00 front tires no sweat but I don't. And I take care of my truck getting all service work before it is due. I had an extended warranty once on my 2500 Chev and right at the end of the warranty the fuel pump went. In that instance the work equalled the cost of the warranty so I guess I broke even. Except they had my warranty money for a few years collecting interest before I used it. Rolling the dice with the warranty. I generally don't buy it.

 

I agree to each their own but the thing is with THIS truck it doesnt take a MAJOR repair to rack up some serious serious money.I never ever bought an extended warranty in 22 yrs of new vehicles.I cant afford to roll the dice on this one.abut again everyone has their own comfort zone.

 

I bought the Premium Care warranty from Troy Dietrich for our 2010 last year. Got a great price. When we decided to sell and get the 2014, Troy was stellar to work with and we had no problems canceling the warranty. I am about to buy another extended warranty on the 2014 from him.

We don't drive more than about 6,000 miles a year, and I'm concerned about time failures as much as mileage failures. That being said, the warranty for me is an easy one as I am only looking at purchasing a 7yr/60,000mi on this one.

As a note - Troy told me that prices are slated to go up October 1, so if you're wavering, make a decision soon.

 

And, we are all truly different.

I'm still in the warranty camp but it's personal. My truck is a business vehicle that I drive 5500 miles/month on average. Bumper to bumper warranty only lasts 6 months for me, 100k is just under two years. I'll take the insurance of the extended warranty, it's really not that expensive compared to a couple radiators and a water pump.

 

Wow you don't use your rig much at all...... That little bit of use would also scare me on a diesel....... Sitting can sometimes be worse than working it hard!

Just curious what are the going rates for an ESP?

Also I am curios what types of failures are happening that are not covered under the factory warranty.

I ask that because I am waiting until my factory warranty is up and then I will purchase or trade in.

Thx

 

It's a fairly expensive purchase.
Repairs can be substantial.
If you've got a fat wallet, then take the risk.
But if you've got a thin wallet and repairs would cause serious financial harm, then take the insurance.

My 6.0 had serious repairs and the insurance paid for itself.
I'll get it on my new truck, when and if it ever comes.

 

I've already saved money by having the extended warranty handle the issues past 36k. I made the purchase around 34k and it has proven to be a smart decision.
I would have saved about $200 more had I purchased it when the truck arrived though.

When $30k worth of repairs (at Fords cost) is tacked on to a basic XLT truck, it's nearly the cost of the entire vehicle!