Extended Warranty Caution

[Bushmechanic]

I realize some don't see the value in extended warranties, but this is 2025, and you can't fix it all anymore. Indeed, the very things you can't fix are the same things the dealership will take hours to not figure out.

Ford's normal factory warranty is five minutes of peanuts, and these trucks can be temperamental even when brand new.

Couple that with the complexity and difficulty of diagnosis, and you're in for a hell of a labor punch if something confusing goes wrong after the warranty expires yesterday.

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[Texas Ranger]

My dealer offered me 7 additional years of coverage for less than 2,000.

All I asked is if it covered the engine and electronics, original price was closer to 5-6,000.

 

[JimG_AZ]

Dealers push extended warranties because the consumer almost always looses in the deal. Can’t believe folks still buying these. Put your money in the bank.

I think it depends on what you pay for it. 100k miles at @ $1600, it may not be a bad investment. Same warranty at close to $3k, you may be better setting up an emergency fund to cover repairs. Like you, I really do not like extended warranties. I do have to admit that I have one on my wife's 2021 Mercedes and it just paid off on a huge repair (close to $9k). That was by far the most expensive repair on any car I have owned.

Also, dealers do not push warranties because the customer almost always loses on the deal. All they care about is making a nice, sometimes huge profit on the markup of the warranty and generating traffic in the service department.

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