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Re: Extended warranties
[Re: TurkeyHunter]
#8202440
03/14/21 03:54 PM
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Joined: Nov 2006
Posts: 14,030
John2
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When I bought my 2016 Ram I also bought chryslers bumper to bumper warranty and it was included in the payments. 1T diesel trucks cost too much for something to go wrong 2-3 years down the road but truck is now paid off and I never had any problems so chrysler won,or did they.
Not all those that wander are lost..
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Re: Extended warranties
[Re: TurkeyHunter]
#8202454
03/14/21 04:07 PM
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Joined: Sep 2004
Posts: 2,857
Hooker
Patriarch
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Patriarch
Joined: Sep 2004
Posts: 2,857 |
Yep , Wifes peace of mind is well worth it
"Happiness is more important then spilled jelly"
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Re: Extended warranties
[Re: TurkeyHunter]
#8202544
03/14/21 05:27 PM
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Joined: Sep 2004
Posts: 10,841
DannyB
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I never have, but would consider it now if it covers all the electronic BS that come on them. If that "screen" as my son calls it goes blank at 36,001 miles I bet it is a few grand.
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Re: Extended warranties
[Re: TurkeyHunter]
#8202583
03/14/21 05:59 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
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KIA 100,000 mile warranty would put a big hurt on their pocketbooks.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Extended warranties
[Re: DannyB]
#8202599
03/14/21 06:11 PM
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Joined: Nov 2006
Posts: 14,030
John2
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I never have, but would consider it now if it covers all the electronic BS that come on them. If that "screen" as my son calls it goes blank at 36,001 miles I bet it is a few grand. It costs a little more but but I think it's worth it but any warranty I would get from the maker of the vehicle.Most or all dealers sell their own new vehicle warrantys but read what it says as most of them have to be taken back to the selling dealership.Get the factory that's good at any dealership,yep,it costs but have it in your payments and you wont miss it.
Not all those that wander are lost..
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Re: Extended warranties
[Re: TurkeyHunter]
#8202675
03/14/21 07:31 PM
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Joined: Oct 2004
Posts: 22,429
Superduty
"The Regulator"
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"The Regulator"
Joined: Oct 2004
Posts: 22,429 |
I wait until the 3 yr 36,000 mile warranty is close to being expired. Then I purchase from Flood Ford in Florida, the ESP Premium, mainly for the electronics. Great prices.
My F250 is covered until 125,000 or 4 more years. I have 76k on her now with only two issues, both times were the heated steering wheel went out. One replacement is over 1000.00. So I am winning. I also have the LED light package covered, go price a single rear or front LED replacement light. Peace of mind is a great thing.
'It's Only Treason if You Lose."
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Re: Extended warranties
[Re: Superduty]
#8202761
03/14/21 09:28 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
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I wait until the 3 yr 36,000 mile warranty is close to being expired. Then I purchase from Flood Ford in Florida, the ESP Premium, mainly for the electronics. Great prices.
My F250 is covered until 125,000 or 4 more years. I have 76k on her now with only two issues, both times were the heated steering wheel went out. One replacement is over 1000.00. So I am winning. I also have the LED light package covered, go price a single rear or front LED replacement light. Peace of mind is a great thing. Its about time.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Extended warranties
[Re: Superduty]
#8202819
03/14/21 10:10 PM
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Joined: Dec 2010
Posts: 6,844
hopalong
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I wait until the 3 yr 36,000 mile warranty is close to being expired. Then I purchase from Flood Ford in Florida, the ESP Premium, mainly for the electronics. Great prices.
My F250 is covered until 125,000 or 4 more years. I have 76k on her now with only two issues, both times were the heated steering wheel went out. One replacement is over 1000.00. So I am winning. I also have the LED light package covered, go price a single rear or front LED replacement light. Peace of mind is a great thing. I did the same ford warranty on my 14 f150, only had 3 minor problems but 2 were overnight stays. got a loaner from the dealer first time and second they were out so got an enterprise f150 for 3 days. out of all warranties now but was well worth the extra I paid in 14 and it was the ford extended factory not some 3rd party or a dealer, used it at 3 different dealers without a hitch.
lake fork FISHERMANS COVE MARINA - 903 474 7479 reservations
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Re: Extended warranties
[Re: Hudbone]
#8202834
03/14/21 10:25 PM
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Joined: Sep 2006
Posts: 1,089
elkhunter7x6
Pro Tracker
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Pro Tracker
Joined: Sep 2006
Posts: 1,089 |
Warranty companies are probably more profitable than insurance companies. ^
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Re: Extended warranties
[Re: TurkeyHunter]
#8202988
03/15/21 12:23 AM
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Joined: Aug 2008
Posts: 14,949
don k
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Many years ago Sears had a sale on chain saws. I was doing a lot of cedar cutting at the time and I bought 2 of them and warranties on both for 2 years. I made out like a bandit. They would last about a month before crapping out. I took the broke one back to sears. Used the other one until it broke then took it back and picked up the repaired one. This went on until the warranties expired and then I threw both in the dump. I think they were poulan or something like that with the sears name. Real POS. After that have only bought Stihl except for the electric ryobi. And though it is hard for me to say it the ryobi battery saw is actually very good.
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Re: Extended warranties
[Re: TurkeyHunter]
#8203014
03/15/21 12:57 AM
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Joined: Mar 2020
Posts: 189
WT_Foxtrot
Woodsman
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Woodsman
Joined: Mar 2020
Posts: 189 |
I'd never purchase an extended warranty on a new vehicle. There's a reason they're selling them hard.....and it's not because it saves you money, but makes them money.
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Re: Extended warranties
[Re: TurkeyHunter]
#8203164
03/15/21 03:22 AM
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Joined: Jan 2013
Posts: 3,428
TLew
Veteran Tracker
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I buy extended warranties on first model years. Other than that, nope. My wife's Navigator has one since it was a 2018 and a major redesign. I don't want to be paying for a seat that goes bad in that thing or a bombed ecoboost
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Re: Extended warranties
[Re: Superduty]
#8203247
03/15/21 09:28 AM
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Joined: Sep 2004
Posts: 12,391
RedRanger
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I wait until the 3 yr 36,000 mile warranty is close to being expired. Then I purchase from Flood Ford in Florida, the ESP Premium, mainly for the electronics. Great prices.
My F250 is covered until 125,000 or 4 more years. I have 76k on her now with only two issues, both times were the heated steering wheel went out. One replacement is over 1000.00. So I am winning. I also have the LED light package covered, go price a single rear or front LED replacement light. Peace of mind is a great thing. Why don't you purchase it when you get the vehicle? Why wait until manufacture warranty is about to expire?
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Re: Extended warranties
[Re: RedRanger]
#8203280
03/15/21 11:20 AM
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Joined: Oct 2004
Posts: 22,429
Superduty
"The Regulator"
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"The Regulator"
Joined: Oct 2004
Posts: 22,429 |
I wait until the 3 yr 36,000 mile warranty is close to being expired. Then I purchase from Flood Ford in Florida, the ESP Premium, mainly for the electronics. Great prices.
My F250 is covered until 125,000 or 4 more years. I have 76k on her now with only two issues, both times were the heated steering wheel went out. One replacement is over 1000.00. So I am winning. I also have the LED light package covered, go price a single rear or front LED replacement light. Peace of mind is a great thing. Why don't you purchase it when you get the vehicle? Why wait until manufacture warranty is about to expire? Like to shop around for better pricing and do not want yo pay interest on the warranty.
'It's Only Treason if You Lose."
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Re: Extended warranties
[Re: TurkeyHunter]
#8203463
03/15/21 02:31 PM
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Joined: Jan 2013
Posts: 19,650
Pitchfork Predator
THF Celebrity
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THF Celebrity
Joined: Jan 2013
Posts: 19,650 |
My brother is a car dealer ......currently Ford......this is the highest profit item they sell......
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Re: Extended warranties
[Re: TurkeyHunter]
#8203471
03/15/21 02:37 PM
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Joined: Mar 2019
Posts: 338
RPG1997
Bird Dog
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Bird Dog
Joined: Mar 2019
Posts: 338 |
Only time it may be worthwhile is if it's made by Chrysler. Otherwise, you're ahead having a fully funded emergency fund.
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Re: Extended warranties
[Re: TurkeyHunter]
#8203473
03/15/21 02:39 PM
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Joined: Oct 2004
Posts: 39,533
redchevy
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My take.
The RAM should come with a 100,000 mile power train warranty. You can add an extended warranty at any time before the factory warranty expires I believe. If you want the truck get it and drive it, and if/when you think you need to add the warranty add it.
It's hell eatin em live
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Re: Extended warranties
[Re: TurkeyHunter]
#8203485
03/15/21 02:52 PM
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Joined: Aug 2017
Posts: 2,765
spacejunkie
Veteran Tracker
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If you are good at haggling the warranties can be bought at a very cheap price. Most folks don't know this and accept the first price that is offered. A lot of "finance" guy get bonuses on how many warranties they sell and will sell cheap if they are behind on their objective to get that bonus.
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Re: Extended warranties
[Re: TurkeyHunter]
#8203505
03/15/21 03:08 PM
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Joined: Jun 2011
Posts: 33,946
Buzzsaw
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I got the warranty from He77 on my Titan. So far I've yet to need it other than free rent car when in for regular service which is free with my warranty. I wanted something , where if I broke down somewhere in BFE, I would have a quick pick up and transportation ASAP. I got the 100,000 mile.
Thinking back, I might have waited till my 3 year warranty was up, then shop extended.
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Re: Extended warranties
[Re: TurkeyHunter]
#8203521
03/15/21 03:24 PM
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Joined: Jul 2019
Posts: 14,149
Hudbone
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Take the cost of the warranty and put it in an interest bearing account. If you typically finance a vehicle, add the interest cost each month. See where you are at that time when the vehicle is paid off.
Warranty companies average out the expected repair costs and then sell them to a dealer after adding a profit. The dealer then sells to the customer after, once again adding a profit.
What I have detailed provides you with a discretionary repair account which includes the expected average repair cost plus interest you would have paid, two profit margins plus interest earned. Then take care of your vehicle.
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Re: Extended warranties
[Re: redchevy]
#8203526
03/15/21 03:31 PM
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Joined: Jun 2015
Posts: 5,918
Jgraider
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,918 |
My take.
The RAM should come with a 100,000 mile power train warranty. You can add an extended warranty at any time before the factory warranty expires I believe. If you want the truck get it and drive it, and if/when you think you need to add the warranty add it. Yes. I have the 2020 ecodiesel (100,000 mi power train warranty) and bought an extended 6/100,000 mile bumper to bumper from Ziegler online for $1100. Gives me some peace of mind, and normal wear and tear obviously not covered. It was waaay cheaper than anyone else and is a Mopar warranty, not 3rd party.
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Re: Extended warranties
[Re: Hudbone]
#8203538
03/15/21 03:43 PM
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Joined: Jan 2007
Posts: 15,476
reeltexan
THF Celebrity
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Joined: Jan 2007
Posts: 15,476 |
Take the cost of the warranty and put it in an interest bearing account. If you typically finance a vehicle, add the interest cost each month. See where you are at that time when the vehicle is paid off.
Warranty companies average out the expected repair costs and then sell them to a dealer after adding a profit. The dealer then sells to the customer after, once again adding a profit.
What I have detailed provides you with a discretionary repair account which includes the expected average repair cost plus interest you would have paid, two profit margins plus interest earned. Then take care of your vehicle.
"Give me an Army of West Point graduates and I'll win a battle... Give me a handful of Texas Aggies and I'll win a war." - General Patton
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Re: Extended warranties
[Re: Hudbone]
#8203670
03/15/21 05:52 PM
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Joined: Jul 2005
Posts: 3,309
Stump_jumper
Veteran Tracker
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Veteran Tracker
Joined: Jul 2005
Posts: 3,309 |
Take the cost of the warranty and put it in an interest bearing account. If you typically finance a vehicle, add the interest cost each month. See where you are at that time when the vehicle is paid off.
Warranty companies average out the expected repair costs and then sell them to a dealer after adding a profit. The dealer then sells to the customer after, once again adding a profit.
What I have detailed provides you with a discretionary repair account which includes the expected average repair cost plus interest you would have paid, two profit margins plus interest earned. Then take care of your vehicle. My policy is to never buy an extended warranty on anything. I do not even buy road hazard on tires. I have come out way ahead doing this. If I think I need an extended warranty I don't buy the product. If you want to buy one shopping around will get you the best price from what I have seen on forums.
2017 Tundra 5.7 CM 4x4 2006 Champion 2200 Bay Boat
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Re: Extended warranties
[Re: TurkeyHunter]
#8203685
03/15/21 06:13 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Extended warranties
[Re: TurkeyHunter]
#8203772
03/15/21 07:47 PM
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Joined: Jul 2019
Posts: 14,149
Hudbone
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If you do not prepare or cannot prepare for "surprise, surprise", then buy the warranty. it's just harder to get ahead by paying the expenses which others consider routine.
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