Experiences with extended warranties?
Technical Article Contributor
Joined: Apr 2007
Posts: 3,807
Likes: 2
From: Pearl Harbor
If my 06 had been covered under the new 6yr warranty, I might not have bought it. But with a $44,000 truck, and only 3yrs of warranty from Ford, I figured it was worth the money to insure I had 5yr/75,000 miles of 100% coverage.
In my case, the Extended warranties have paid for themselves several times. For those that didn't, it came awful close.
to date I've had the following covered under extended warranty
1. 00 Toyota 4runner Transmission
2. 05 Kia Sorento Rear axle repair
3. 92-96 Ford F-150 Radius Arm Bushings (x5 times between 3 trucks)
4. 06 F-150 paint defect (ESP covered rental car)
5. 05 Dodge Durango PCM
6. 05 Dodge Durango Upper Fuel Delivery System
7. 05 Mitsubishi Endeavor center differential
Senior Member
Joined: Jul 2008
Posts: 995
Likes: 0
From: lost vegas
i had an extended warrenty for my 04 explorer. good till 48000 miles. at 48284 miles the tranny took a dump on the grapevine in SO-Cal. now i have my 150. i was soo pissed but hey if i would have paid for the 60K one, i would have been covered. i have the 7/100000 on my truck now. too good a deal to pass up.
Senior Member
Joined: Oct 2004
Posts: 868
Likes: 1
From: Marion VA
I have bought and sold 12 vehicles since 1998. I always get the extended warranty if the vehicle is under 75,000 miles
If my 06 had been covered under the new 6yr warranty, I might not have bought it. But with a $44,000 truck, and only 3yrs of warranty from Ford, I figured it was worth the money to insure I had 5yr/75,000 miles of 100% coverage.
In my case, the Extended warranties have paid for themselves several times. For those that didn't, it came awful close.
to date I've had the following covered under extended warranty
1. 00 Toyota 4runner Transmission
2. 05 Kia Sorento Rear axle repair
3. 92-96 Ford F-150 Radius Arm Bushings (x5 times between 3 trucks)
4. 06 F-150 paint defect (ESP covered rental car)
5. 05 Dodge Durango PCM
6. 05 Dodge Durango Upper Fuel Delivery System
7. 05 Mitsubishi Endeavor center differential
If my 06 had been covered under the new 6yr warranty, I might not have bought it. But with a $44,000 truck, and only 3yrs of warranty from Ford, I figured it was worth the money to insure I had 5yr/75,000 miles of 100% coverage.
In my case, the Extended warranties have paid for themselves several times. For those that didn't, it came awful close.
to date I've had the following covered under extended warranty
1. 00 Toyota 4runner Transmission
2. 05 Kia Sorento Rear axle repair
3. 92-96 Ford F-150 Radius Arm Bushings (x5 times between 3 trucks)
4. 06 F-150 paint defect (ESP covered rental car)
5. 05 Dodge Durango PCM
6. 05 Dodge Durango Upper Fuel Delivery System
7. 05 Mitsubishi Endeavor center differential
Technical Article Contributor
Joined: Apr 2007
Posts: 3,807
Likes: 2
From: Pearl Harbor
1. 00 Toyota 4runner Transmission ($1600 purchase...a godawful headache...cost me about $300 out of pocket and $1200 under warranty. Toyota America Sucks Donkey B*lls)
2. 05 Kia Sorento Rear axle repair (part of 100k warranty...was over $1k to repair)
3. 92-96 Ford F-150 Radius Arm Bushings (x5 times between 3 trucks) (about $800 per truck...repair was $500 or so each time)
4. 06 F-150 paint defect (ESP covered rental car) ($1500 for ESP)
5. 05 Dodge Durango PCM ($2k for warranty for 7yr/100k...repair was $800)
6. 05 Dodge Durango Upper Fuel Delivery System ($300 for misc sensors)
7. 05 Mitsubishi Endeavor center differential ($1200 for plan...$600 for rebuild and diagnostics)
2. 05 Kia Sorento Rear axle repair (part of 100k warranty...was over $1k to repair)
3. 92-96 Ford F-150 Radius Arm Bushings (x5 times between 3 trucks) (about $800 per truck...repair was $500 or so each time)
4. 06 F-150 paint defect (ESP covered rental car) ($1500 for ESP)
5. 05 Dodge Durango PCM ($2k for warranty for 7yr/100k...repair was $800)
6. 05 Dodge Durango Upper Fuel Delivery System ($300 for misc sensors)
7. 05 Mitsubishi Endeavor center differential ($1200 for plan...$600 for rebuild and diagnostics)
roughly $5,500 for the repairs (didn't count the Kia since it was technically a "free" extended warranty). The 05 Dodge has a rear pinion seal leak right now...and their saying it will be about $1k to fix. So $6,500ish when I get that fixed. I'm waiting for something else to break first before I bring it in. It's already been to the shop for 2 recalls and 3 repairs since April.
yes, the warranty is/was more expensive. something else to think about is that you can cash in your warranty at a pro-rated rate. Basically $50 cancelation and the warranty divided by time remaining.
I might have spent $8,700...but I've gotten about half of it back since I trade vehicles so often.