Have a truck thats got 20000 miles on it and the bumper-bumper warranty runs out in May. Considering an extended warranty. Only because of all the electronics and sensors. They get real expensive fast. Plus all the others components that are not made quite as robust as they have in years past.

What do yall think ? Do you have one ? Whats been your experience in actually getting your money back out of it ? Whose program did you buy ?

Steve

 

For my last 4 new Fords, I always got an extended warranty. Only one did not get used (of course catastrophic failure occurred 15k miles after it expired). My 2022 will get an extended warranty.

Make sure it is a Ford Warranty, not 3rd party. If you search, there are numerous places online where you can get it at a discount (Lombard, Flood, etc.?

 

I bought the Ford extended for 7 years when I dotted the “i’s” and crossed the “t’s”. I got to thinking with any new vehicle and all the crazy electronics, one issue after the 3/36 and it has paid for itself. Others here obviously will tell you that you are pissing away money! I look at it this way, you have health insurance don’t you and you would not do without it and if you do, your gambling on it.

This question is so subjective that you will be cross eyed after all the responses.....just ask yourself this, if the factory warranty runs out and my engine or tranny goes, would I like to pony up way more than then warranty cost to replace? Yes, your gambling if you will use it. But in life with any insurance policy we are except life insurance, because the one thing we all have in common is we will die!

 

The house always win in the aggregate. Your odds of using it to its full value are low, or else it's structured wrong. The reason to get any insurance policy is if you can't absorb the cost of the worst thing that could happen. Can you put $7K in the bank for a rainy day when the 10 speed transmission fails at 50,001 miles? In most situations, I would say start with a car that has reliability you can trust. In the 1 ton truck market, they all suck, so pick your poison and maybe an extended warranty isn't such a bad idea.

 

I was always on the fence about extended warranties. I had a small one on my 06 LBZ duramax. It helped with a few repairs, but sadly expired when I really needed it the most when my head gaskets went bad. Since that vehicle, ive had many with no extended warranties. My last truck was a low miles 2012 F250 single cab with the 6.2 engine. I loved this truck. My father bought it new and when he passed away, I bought it off my mother. At 50,000 miles (2019), the torque converter had issues and took out the tranny.... after it was all said and done with a few unexpected hiccups, it set me back $8000. After I fixed that, the manifolds began to crack. Time began catching up to all the components on the truck and this low mile truck started looking like a hot mess underneath. I debated about fixing that issue and a few other before selling it. It made it dam near impossible to sell.... until the right guy came along a few months ago lol.

This time around, i decided to do things differently. Get the truck undercoated and get an extended warranty for the max term as I plan to keep the truck for a while. After what I experienced with the last truck and with all the electronic components in these new trucks, has really changed my tune on the value of extended warranties.

I work for state municipality and we have tons of new large tandems that have electrical issues within the first year and they continue on for years. Dont even get me started on the def system issues lol.

 

I'm always on the fence with these things. I've gone with and without.

I went with one from Flood Ford. Much better price than the dealer. My logic was the 7.3L is relatively new as is the 10 speed trans.

 

Food for thought is that an extended warranty retains value (was news to me anyway). I purchased a used 2016 F150 in 2019 and added the Ford extended warranty. I recently traded it in on an F350 and tried using that as leverage on the trade in and the dealership led me down the path of getting a 75% refund on the original cost. Got the check a couple weeks ago.

 

when i traded my 2016 expy with 39k miles on it , for the 250 i had equity in the esp plan. so they did an instant rebate and added that to my down payment
then i bought the ford 8 yr 100k esp with enhanced rental and lighting plan. they beat the zeigler quote by a few dollars once rental and lighting was added 2670.00 if it helps
i still had 3 years on my esp for the expy.

 

I have had several ford extended warranty's on trucks and cars over the years , when you trade or sell Ford will prorate whats left on the esp. Also the selling dealership of the esp is going to be the one that the refund has to come from .At least that was my experience with Ford esp plans in Fla . as with everything else if you have it you will never need it and if you do not have it you could have used it lol.

 

I took the gamble the other direction. I bought new a 97, 2000, 2003, 2006, 2011, 2015, 2017 and now a 2020 Ford Trucks, Most of those would have been considered pretty loaded for the respective years. I run 30,000 mile a year, So I'm usually selling my trucks at 100,000 miles and buying a new one. In the 700,000 miles I've accumulated on these trucks, I've never had a serious failure. Yes, I replaced a vacuum pump and a alternator on my 2006, a Oil and water turbo connector on my 2011, Front hubs on my 2011, a steering wheel position sensor on my 2015. Yes, I've typically spent $400-$600 per truck on minor repairs. So I think I'm money ahead vs having paid for an extended warranty. The most consistent repairs I've experienced have been replacing shocks, brakes, batteries and tires.

 

The odds of ever needing it are not that great but it’s sure nice to have when Murphys Law makes an appearance.

Spend the money for the Ford Premium ESP that covers everything for the maximum years and miles that’s offered and be done with it.

Lombard Ford has the most financing options.

Many people like Flood Ford as well.

 

I am new to this forum (spent alot of time reading though as a guest)! Thank you for providing the names of alternative dealerships. The one here in Texas I bought my F250 from is at least $1500 more than what Flood quoted me on their website.

 

I had an extended warranty on my 2009 F150 and used it three times for larger ticket items so I paid off. I did not have on on my 2011, but did purchase one for my 2017 since it was the first redesign of the super duty since forever. I've not had to use it yet, so I may have 'lost' this time. I still think the peace of mind it provides is worth something. If I end up with a 2022, I'll likely go through Flood Ford for that truck too.

The electronics are everywhere and with a new motor and transmission, the extended warranty seems like the prudent choice.

I don't drive near what I used to annually, so I go for years over mileage now.

 

Yes always extended warranty...especially since all of these trucks have amenities and electric components.

Example my 2017 King Ranch with 80K miles, outside of 3/36 warranty repairs so far:

2- heated steering wheels. Yup two full replacement steering wheels.
Sunroof failing to close, fixed..new tracks were installed.
'Radio arm module went out.

'I am winning" extended warranty was 1900.

ALWAYS BUY THE EXTENDED WARRANTY.....Unless you have an XL or just a gambling man. I am not a gambling man and peace of mind is a great thing to have.

YMMV.

 

FYI, 70,000 miles and counting. No issues with the truck.