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$2495 for 200k/7ry engine warranty, fair price?
My truck is about to turn 5 yrs old, so my factory engine warranty will exprire. Since I can't afford to move into a new truck I have to get the extended engine warranty Ford is offering. The best my dealer would do for the 200mi/7yr engine warranty is $2495.
Is this a fair price? |
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Thats what the dealer quated me also but I figured I would just put the 2500 in my saving and save it for a break down.
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Quote:
Much better idea. Those extended warranties aren't worth the paper they're printed on. They will make up every excuse under the sun not to honor it. |
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My 6.0 cost Ford --easily-- $10,000 in warrantied engine repairs last year. Ill gladly plunk down $2500 for the warranty because I've seen just how bad it can get. I'm just hoping I can save a couple hundred buying it someplace else.
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Have you confirmed with the dealer that they will warranty your truck after some of the changes you've made?
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the Ford ESP plan is way diffenet then the other BS warranties out there. Thats a good price, if you were closer, you could get it for around $2100.
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That might be worth it ONLY if its through ford...When I bought my truck they sold me some aftermarket warranty through a third party and I could never get them to pay for anything...just another couple grand down the drain...
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so are you only getting 2 more years? A lot more miles but if its 5 years old now, then you are getting 2 more??
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Im more curious what cost 10,000 bucks? You can a used 6.0 for half that.
I agree with elm302, save the cash then use it when needed |
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Yes, the dealer knows of the mods. They installed the studs when they did the HG. The tech even recommended the EGR block off. The intake/exhaust is no biggie. And I've been up front with them about the SCT.
The Ford warranty is great, so there is no concern of lame 3rd party warranty. I was just hoping to find a better price. I believe there is even no $100 deductable like there is with the original 100k mile warranty. As for the $10,000+ in repairs... not less than 11 separate dealer visits. Bed plate seal, antifreeze/oil cooler, Unison ring & center section for turbo, head gaskets, 3 leaking oil pressure senders (and two tows), oil feed line to turbo, and as of last week new FICM. I think the only thing I still need to check off is an EGR cooler then I'll have BINGO. Adult owned, never raced, and I'm super careful to watch my guages when towing. I think part of the problem may be that I was so easy on it for the first 4 years and in the fifth year bought a heavy toy hauler and started towing often. Its quite a list. A few months ago I was ready to kick it to the curb, but I'm over it now. I've put some good towing miles on it and it seems to be reliable again and tows like a champ. Then again, its not like I have a choice. It would cost me a lot more than $2500 to switch to a newer truck.... so for a $2500 warranty I'll stick it out another two years in this truck, which only has 80k miles and looks almost showroom new. Last edited by swilson143; 07-05-2010 at 03:02 PM. |
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