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Extended Warranty?
Is the extended warranty, that is available through Ford, worth the extra $2200? I have 99k mi on my truck and am contemplating purchasing it. I will be covered up to 200k with no deductible. What do you guys think. I need to make a decision in the next few days or it will be too late!!! Keep in mind it is only a motor warranty that will cover injectors, turbo, oil pump, headgaskets, etc. It sound like a good deal to me. Plus if I get rid of the truck it is transferable or I can get a pro-rated refund of the unused portion.
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All I really have is the cat/dpf delete and I've had it in there before without any problems. But that doesn't mean they wouldn't void it down the road for something else. Also the SCT if they havea problem with that. I always return to stock but
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But, I'm not offering advice!
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I got a call from Waranty Solutions and their waranty covers engine, tranny, transfer case the whole powertrain for 5 yrs/100k. only voided by 6"+ lift or major engine upgrades( heads, camshaft and stuff like that. he said i was low risk and would run about$2500. anyone heard of it?
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Dont mess with any aftermarket warranty, you will get screwed every time in the end. If you have to go with Ford, its the better choice.
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I also like the peace of mind of a warranty (especially when there is no deductible). But I am also limited on mods I can make. Bad turbo or injectors would sure be a good excuse to the wife to make upgrades. But also pricey if I am not financially able when it happens. Plus it would be nice to get headstuds installed under warranty.
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Im a Dave Ramsey listener... Warrenties are crap... Just self insure by saving money in an emergency fund!!
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I see what you are saying, but putting $2k into savings is not going to cover lifted heads, bad injectors, and/or trashed turbo. With this warranty I could have any or all of the above and drop it off to get fixed with no additional money out of my pocket.
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In some cases, under certain circumstances, for certain people, perhaps any or all of these types of protection are unnecessary or not cost-effective. It all depends on the individual and his circumstances. Not many of us can afford to put the cost of a spare engine in an escrow account in case of catastrophic engine failure. You pay a lessor amount for coverage, and hope you don't need it. You're playing the odds, and insuring against the likelihood of your number coming up. |
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