Extended dealer warranty is it worth it?

[Frank N]

I think its worth it if you are keeping it for a while. I believe you can also add it anytime during the 3/36 period, so waiting a bit to make sure you will be keeping it is an option. That's what I am going to do.

 

[df4801]

its a no brainer if you get it cheap thru online Ford dealers

7yrs/ 100K miles for $845 (200 deduct)

Can transfer with truck, so expect resale to be higher if I sell

 

[Monster]

I didn't as my philosophy is never buy extended warranty coverage on anything. But if you can add them at any point during the first three years I might do it after we hear more about the engine and trans. Also by then we should know if there is a V8 to upgrade to. I always plan to keep a vehicle 10 years and then I don't make it passed 3 or 4.

 

[Sasquatch77]

Get the warranty on these ecoboosts... it will pay for itself many times over.

 

[DrippinRaptor]

I plan to get one with my 2018.

 

[pughde]

I got one for my Raptor. I also had one for the Gen 1 and they covered cost of replacing both rear shocks.

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[Frank N]

If they replace shocks, its a no brainer.
I would have assumed, due to design, they wouldnt be covered...

 

[mr_beaverhousen]

I got one for my Raptor. I also had one for the Gen 1 and they covered cost of replacing both rear shocks.

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Was the policy the same for your Gen 1 vs Gen 2 for ESP? The fine print on mine had this at the very bottom of items not covered by ESP, which lists shock absorbers. Thus I purchased the maintenance plan.

 

[jaz13]

Companies make a killing on extended warranties and sales people earn huge commissions pushing them because they are so obscenely profitable. What is good for the company and salesperson is bad for us. Buying "Peace of Mind" is ridiculously expensive.

Self-insure. Put the money you are tempted to spend on extended warranties into a savings account and pay for repairs out of pocket. I guarantee you will come out ahead over the long term.

At this point I have saved myself more than $10k by skipping every extended warranty offered to me. That pays for an awful lot of repairs if the need ever arises, which it rarely, if ever happens.

Defective parts almost always show up in the first few years of ownership, which we are already covered for, so extended warranties are mostly pointless and is why they are so ridiculously profitable for companies that sell them.

 

[Frank N]

I agree, generally I dont do ext warranties but I will gladly part with 1K to warranty twin turbos and an unproven 10 sp automatic.