To get Extended warranty or Not to get it ?

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atmasters

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So I am getting close to my bumper to bumper warranty ending. I have gone in and asked about getting extended and for 100 thousand KM its about $5000.00 I have the Max Limited so comes with all the bells and whistles. What is the most common thing that goes wrong with the Expeditions? And is it worth saving my $ ? I would say we are going to put on 20 thousand KM a year on it. But we do keep up on all maintenance.
 

BIGRED03

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That seems a little pricey but not unheard of. You must really plan to keep this until the wheels fall off or it may be bad investment. I do know it is cheaper if you do it up front with lower current mileage. Why it matters even if the B to B warranty is still active I can't figure out. I recently bought a new Expedition and really did my homework on this extended warranty plans. My dealer first tried a aftermarket on me until I said that I don't trust them to be in business 3 years from now when I need them. Then he offered me a Ford ESP and quoted me a price. I really was not quite finished with the deal because it was between two vehicles at separate dealers. One thing I learned was the price was different for some reason when I went online to get a price on a ESP directly from Ford and the dealer's price. I ended up buying the Premium Care 7/100 $50 deductible online with Ford website. Ford has a 18 month payment plan with no interest when billed to an account automatically monthly. My payment is less than $90.00 a month. Yes with this plan I have to take it to a Ford dealer, no problem for me, instead of any repair shop. I believe there is a good chance Ford will be around in three years, not sure about a warranty service contract which in some states is not insurance so no regulations as to viability. I hope this helps. Consumer Reports or one of those types said that an ESP for a car is the only extended warranty they would buy for any product.
 
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atmasters

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hey thanks for the info will be looking into this. Are you in Canada or the States
 

BIGRED03

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Hi, just realized you are in Canada. It looks like Canadian coverage is broader than U.S. as it covers wear items if I am reading that right. Where about in Canada do you live. I'm in Florida. I am assuming the Max is our EL?
 

tojohnso

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I got an extended warranty for my '11 EL when I bought it this past March with 15,000 Miles on it. It's worth it. If you have any problems at all with components known to go bad, you can use it to get them replaced so you don't have to worry about them later. I'm talking about things like differentials, drivetrain components and who knows what's going to happen with all the electronics in these things.
 

BIGRED03

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Which warranty provider did you go with? Time/mileage?
 

andrew_s

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I have had aftermarket warranties that covered everything and I have had those that covered nothing. The good one was sold at a Mom and Pop shop and the worthless waste of money was through a HUGE dealership chain. Go figure.
 

BIGRED03

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Andrew_s what year is your Expy? Was the warranty you bought a factory backed type or third party?

Nearly nine years ago I bought a Jeep Liberty Diesel and loved the vehicle. It had a 2.8l diesel with 4X4 that would pull anything anywhere. It has more torque than my Hemi Charger from the factory. I own a Grand Cherokee diesel now with a VW diesel. Anyway it was a Lemon from day one it had an electrical problem they could not fix even after rewiring it twice. After about twenty thousand miles and a dozen tows Jeep repurchased it in full.
The point of this is that the Jeep sat at the dealer waiting for parts for months all along while my extended warranty paid for a rental car for over 90 days. Without the Chrysler extended warranty I would have to had pay for it myself or done without.
 

montecarlo31

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paid 2,100 bucks for the 7/125K mile PremiumCARE. Might want to see what's up with that.

EDIT I purchased this when I got the truck, not from the selling dealer but from our fleet dealer in FL. 2013 Expedition 4x4.
 
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tojohnso

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Which warranty provider did you go with? Time/mileage?

I went with the Ford Warranty - 72 month/72K mile, disappearing $100 deductible meaning the first time I go to the dealership I always go to I pay $100 one time only.
 
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atmasters

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This warranty is from the Ford dealership I get the truck from. I am live in B.C. Canada. I just wish it was no so much to get lol. I still have a few years of power train.
 

BIGRED03

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I would think hard about it as you are before the bumper to bumper is gone I bet the price will really increase afterwards. I looked at it like this. Could I reasonably forsee spending that much on repairs in the four years after factory warranty is gone? Even with the powertrain coverage could I see it? For me the answer was yes. I cannot believe how much parts have gone up recently. $5k is a lot though and would make me think hard on it. I guess it comes down to knowing it won't cost more than that price and gambling it on it.
 

BIGRED03

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BTW did you get a quote online from Ford and does the warranty from Canada cover wear parts?
 
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atmasters

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BTW did you get a quote online from Ford and does the warranty from Canada cover wear parts?

No I did not get a quote from Ford online I might look into that. This quote was from the ford dealership I bought the truck from. It is a hard one $5000.00 is a lot of money but so are the power running boards. I just dont know what the history of these trucks. Are they prone to breaking down ? Are the power running boards a problem for most people that have them ? This is what I need to find out before I pay that kind of money.
 

BIGRED03

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I believe that they are reliable vehicles. I have learned my lesson the hard way with buying the first model of a new car. Do Not Do It. Over the years I have had 2 large Suv's being Suburbans and two Expeditions and have had good luck for the most part. When my 03 EB got around 40k on the clock about 3 years old I had forgotten about the serious electrical problem that it developed. I had the extended warranty on it and over a year or so every major and some minor chip and relay and fuse link on it had to be replaced. It started with the lights and crept through the A/C and engine. I remember that the DVD in the roof went out with the children on a trip when the A/C failed it was a hot night in Florida. (The Ford dealer in Keys was great.) I would guess that Ford spent in excess of $3 or 4,000 with these repairs and rentals and towing maybe more. All of the sudden a Regional Ford Service Tech had the idea of replacing something in the passenger compartment and problem finally solved. I kept it until recently with over 100k miles. I next had the pleasure of having a new car Lemon Lawed. I bought this Jeep and after two weeks it sat at the dealer for three months waiting for parts for it's Italian diesel. Thank the Stars for extended warranties that provide a rental during the factory warranty period.
So I guess I have more than given my opinion on this. I had forgotten about the problem with that 03 EB until I responded to you.
 
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atmasters

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I believe that they are reliable vehicles. I have learned my lesson the hard way with buying the first model of a new car. Do Not Do It. Over the years I have had 2 large Suv's being Suburbans and two Expeditions and have had good luck for the most part. When my 03 EB got around 40k on the clock about 3 years old I had forgotten about the serious electrical problem that it developed. I had the extended warranty on it and over a year or so every major and some minor chip and relay and fuse link on it had to be replaced. It started with the lights and crept through the A/C and engine. I remember that the DVD in the roof went out with the children on a trip when the A/C failed it was a hot night in Florida. (The Ford dealer in Keys was great.) I would guess that Ford spent in excess of $3 or 4,000 with these repairs and rentals and towing maybe more. All of the sudden a Regional Ford Service Tech had the idea of replacing something in the passenger compartment and problem finally solved. I kept it until recently with over 100k miles. I next had the pleasure of having a new car Lemon Lawed. I bought this Jeep and after two weeks it sat at the dealer for three months waiting for parts for it's Italian diesel. Thank the Stars for extended warranties that provide a rental during the factory warranty period.
So I guess I have more than given my opinion on this. I had forgotten about the problem with that 03 EB until I responded to you.

Thanks for the information. I think I will look at getting it. I know it is a risky game without its the what if game lol.
 

BIGRED03

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A vehicle is the only thing I will buy an extended warranty for, for most other things its a waste of money. The only other exception I can think of is a very expensive trip or cruise.
 
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