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Re: Extended warranties [Re: TurkeyHunter] #8202440 03/14/21 03:54 PM
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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.


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Re: Extended warranties [Re: TurkeyHunter] #8202454 03/14/21 04:07 PM
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Yep ,

Wifes peace of mind is well worth it up


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Re: Extended warranties [Re: TurkeyHunter] #8202544 03/14/21 05:27 PM
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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.

Re: Extended warranties [Re: TurkeyHunter] #8202583 03/14/21 05:59 PM
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KIA 100,000 mile warranty would put a big hurt on their pocketbooks.


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Re: Extended warranties [Re: DannyB] #8202599 03/14/21 06:11 PM
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Originally Posted by DannyB
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.


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Re: Extended warranties [Re: TurkeyHunter] #8202675 03/14/21 07:31 PM
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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.


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Re: Extended warranties [Re: Superduty] #8202761 03/14/21 09:28 PM
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Originally Posted by Superduty
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.


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Re: Extended warranties [Re: Superduty] #8202819 03/14/21 10:10 PM
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Originally Posted by Superduty
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.



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Re: Extended warranties [Re: Hudbone] #8202834 03/14/21 10:25 PM
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Originally Posted by Hudbone
Warranty companies are probably more profitable than insurance companies.

^

Re: Extended warranties [Re: TurkeyHunter] #8202988 03/15/21 12:23 AM
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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.

Re: Extended warranties [Re: TurkeyHunter] #8203014 03/15/21 12:57 AM
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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.

Re: Extended warranties [Re: TurkeyHunter] #8203164 03/15/21 03:22 AM
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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

Re: Extended warranties [Re: Superduty] #8203247 03/15/21 09:28 AM
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Originally Posted by Superduty
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?

Re: Extended warranties [Re: RedRanger] #8203280 03/15/21 11:20 AM
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Originally Posted by RedRanger
Originally Posted by Superduty
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.


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Re: Extended warranties [Re: TurkeyHunter] #8203463 03/15/21 02:31 PM
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My brother is a car dealer ......currently Ford......this is the highest profit item they sell......hammer


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Re: Extended warranties [Re: TurkeyHunter] #8203471 03/15/21 02:37 PM
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Only time it may be worthwhile is if it's made by Chrysler. Otherwise, you're ahead having a fully funded emergency fund.

Re: Extended warranties [Re: TurkeyHunter] #8203473 03/15/21 02:39 PM
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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.


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Re: Extended warranties [Re: TurkeyHunter] #8203485 03/15/21 02:52 PM
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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.

Re: Extended warranties [Re: TurkeyHunter] #8203505 03/15/21 03:08 PM
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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.

Re: Extended warranties [Re: TurkeyHunter] #8203521 03/15/21 03:24 PM
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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.

Re: Extended warranties [Re: redchevy] #8203526 03/15/21 03:31 PM
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Originally Posted by redchevy
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.

Re: Extended warranties [Re: Hudbone] #8203538 03/15/21 03:43 PM
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Originally Posted by Hudbone
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: Hudbone] #8203670 03/15/21 05:52 PM
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Originally Posted by Hudbone
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.


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Re: Extended warranties [Re: TurkeyHunter] #8203685 03/15/21 06:13 PM
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Surprise, surprise.


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Re: Extended warranties [Re: TurkeyHunter] #8203772 03/15/21 07:47 PM
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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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