I bought a 2010 Explorer with 71K miles. After a couple of years it stated throwing some phaser codes and chugging a few times. The problem went away, but just before reaching 100K miles I bought a four year, 40,000 mile drivetrain warranty on-line from Ford. A kind fellow came by to inspect, which consisted of photographing the VIN and coming along for a mile-long ride. The cost was $1300.
Now the car has 109,000 miles and the transmission's slipping in second gear. The front differential seal's leaking and from time to time the V-8 makes some ungodly bearing racket.
I never owned a warranty in my life.
Think they'll make a lot of money on me?