Extended Extended Warranty..till 194K
#1
02-22-2008, 08:24 PM
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Extended Extended Warranty..till 194K
So I've got about 6K worth of Ford Premium Care ESP (soup to nuts coverage) left on my 02 Excursion paid about $1500 for the coverage when I picked up the truck 60K ago, paid for it's self a few times over already (nothing major just a few coil packs, CD player, rear seat DVD controller and front manual locking hub and a few lil bits).
Being i'm approaching 100K with it and the warranty will be expiring soon I've been getting a little nervous especially getting banged with a big dollar repair like a tranny out of the blue (and usually the week my mortgage is due) so i've found online carwarranty.com and checked out a $0 deductible "Powershield" Warranty it's pretty basic but looks like it'll cover most any major big dollar failure...for about $1600 for the next 100K till 194K...the only thing I can really see as a drawback might be the maximum coverage limits of $6000.
Quote:
<table border="0" cellpadding="6" cellspacing="0" width="100%"> <tbody><tr> <td class="alt2" style="border: 1px inset ;"> The maximum limit of liability per covered vehicle is $6000. The limit of liability per covered component is as follows: $3,300 in engine claims; $2,200 in transmission claims; $1,500 in differential claims; and $300 in emergency roadside assistance claims. </td> </tr> </tbody></table>
It is transferable so if nothing else it'll be added value if i decide to sell her at some point...
What do you think?
Being i'm approaching 100K with it and the warranty will be expiring soon I've been getting a little nervous especially getting banged with a big dollar repair like a tranny out of the blue (and usually the week my mortgage is due) so i've found online carwarranty.com and checked out a $0 deductible "Powershield" Warranty it's pretty basic but looks like it'll cover most any major big dollar failure...for about $1600 for the next 100K till 194K...the only thing I can really see as a drawback might be the maximum coverage limits of $6000.
Quote:
<table border="0" cellpadding="6" cellspacing="0" width="100%"> <tbody><tr> <td class="alt2" style="border: 1px inset ;"> The maximum limit of liability per covered vehicle is $6000. The limit of liability per covered component is as follows: $3,300 in engine claims; $2,200 in transmission claims; $1,500 in differential claims; and $300 in emergency roadside assistance claims. </td> </tr> </tbody></table>
It is transferable so if nothing else it'll be added value if i decide to sell her at some point...
What do you think?
#2
02-22-2008, 09:32 PM
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#3
02-22-2008, 09:43 PM
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#4
02-23-2008, 01:20 AM
#5
02-23-2008, 05:50 AM
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Originally Posted by ExcursionSVOand5.0
So I've got about 6K worth of Ford Premium Care ESP (soup to nuts coverage) left on my 02 Excursion paid about $1500 for the coverage when I picked up the truck 60K ago, paid for it's self a few times over already (nothing major just a few coil packs, CD player, rear seat DVD controller and front manual locking hub and a few lil bits).
Being i'm approaching 100K with it and the warranty will be expiring soon I've been getting a little nervous especially getting banged with a big dollar repair like a tranny out of the blue (and usually the week my mortgage is due) so i've found online carwarranty.com and checked out a $0 deductible "Powershield" Warranty it's pretty basic but looks like it'll cover most any major big dollar failure...for about $1600 for the next 100K till 194K...the only thing I can really see as a drawback might be the maximum coverage limits of $6000.
Quote:
<table border="0" cellpadding="6" cellspacing="0" width="100%"> <tbody><tr> <td class="alt2" style="border: 1px inset ;"> The maximum limit of liability per covered vehicle is $6000. The limit of liability per covered component is as follows: $3,300 in engine claims; $2,200 in transmission claims; $1,500 in differential claims; and $300 in emergency roadside assistance claims. </td> </tr> </tbody></table>
It is transferable so if nothing else it'll be added value if i decide to sell her at some point...
What do you think?
Being i'm approaching 100K with it and the warranty will be expiring soon I've been getting a little nervous especially getting banged with a big dollar repair like a tranny out of the blue (and usually the week my mortgage is due) so i've found online carwarranty.com and checked out a $0 deductible "Powershield" Warranty it's pretty basic but looks like it'll cover most any major big dollar failure...for about $1600 for the next 100K till 194K...the only thing I can really see as a drawback might be the maximum coverage limits of $6000.
Quote:
<table border="0" cellpadding="6" cellspacing="0" width="100%"> <tbody><tr> <td class="alt2" style="border: 1px inset ;"> The maximum limit of liability per covered vehicle is $6000. The limit of liability per covered component is as follows: $3,300 in engine claims; $2,200 in transmission claims; $1,500 in differential claims; and $300 in emergency roadside assistance claims. </td> </tr> </tbody></table>
It is transferable so if nothing else it'll be added value if i decide to sell her at some point...
What do you think?
#6
02-23-2008, 07:11 AM
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Originally Posted by fordtruckster
Consider yourself lucky that have been able to use your existing policy, from you have stated, your new policy would not cover the same things you have had problems with in the past. dvd etc,, Consumer Reports recommends no extended warranties. General rule only, of course their will always be exceptions. Good luck with your decision
#7
02-23-2008, 08:06 AM
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#8
02-23-2008, 08:37 AM
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#9
02-23-2008, 09:28 AM
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I would not bother. Yes, when I worked at a shop we had several customers who had these aftermarket warranties and they did always pay up. They gave us a hassle as a shop, but from the customer's perspective it wasn't that bad.
The problem is, they can tell you that they don't want to cover something based on fine print that you never saw or didn't interpret the way that their lawyers did.
The only warranty I would go with is one from Ford. You know they'll be around, and I think they'll be less likely to screw you. I haven't gotten extended warranties on cars, but I have gotten screwed on warranties for many other devices, saying that my failure wasn't covered or they couldn't find my information.
The problem is, they can tell you that they don't want to cover something based on fine print that you never saw or didn't interpret the way that their lawyers did.
The only warranty I would go with is one from Ford. You know they'll be around, and I think they'll be less likely to screw you. I haven't gotten extended warranties on cars, but I have gotten screwed on warranties for many other devices, saying that my failure wasn't covered or they couldn't find my information.
#10
02-23-2008, 10:36 AM
Originally Posted by shadows4
I think you would be better served to put that $1600 in a separate savings account and maybe adding to it once a month. In your post you state $2200 in transmission repairs you are over half way there at $1600. JMHO. John
