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Advice Needed....

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Wingate1217

Wingate1217

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    • I have a 2002 Mustang Convertible GT that has just shy of 36,000 miles on it. My manufacturer's warranty will be up this week, but could be extended for 3 more years or up to 75,000 miles. For this I would have a one time payment of $974. For this my car receives mechanical breakdown coverage on non-normal maintenance items (oil changes, brake pads etc.),rental car and towing reimbursement in the event of a breakdown, road and wheel hazard insurance, and emergency roadside assistance. This program is thru ford and is called Easy Care.

    Normally I would not even think about purchasing this coverage but I travel a lot and my wife will be at home most of the time alone. If something happens to the car, roadside assistance will be available to her and the cost of the repair in most cases is covered. Triple AAA has roadside assistance, however I do not know how the annual cost.

    Given my situation and the knowing that I plan on keeping the car what advice would you give me on whether or not to purchase the extended warranty coverage? Or are there other options available that i may have not thought of?
     
    have you had any maintinence troubles with the car so far? My friend has an Expedition that has been in for work at least 5 times since he bought it. He bitched a little to Ford about the quality, and they extended his warranty for nothing. Worth a try if you have had problems already. If not, it is probably worth it depending on what it covers.
     
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    First... I am a huge Ford fanatic. Did you buy the vehicle new? If so, have you kept up on the maintenance? How often have you had the oil changed? Have you had any unusual problems? Recalls? These are all things that you need to think about. Todays cars should last around 200-300k miled with regular maintenance performed at a reputable mechanic.
     
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    Talk to any engineer or mechanic and they will tell you the chance of something breaking down that was a result of the manufacturing process is immediate. I would advise you to check the fine print and see if they require you to follow their maintenance schedule in order for the warranty apply. Also, write down what irregular maintenance has had to occur with your car in the three years you have owned it.
     
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    ScarletInMyVeins said:
    First... I am a huge Ford fanatic. Did you buy the vehicle new? If so, have you kept up on the maintenance? How often have you had the oil changed? Have you had any unusual problems? Recalls? These are all things that you need to think about. Todays cars should last around 200-300k miled with regular maintenance performed at a reputable mechanic.
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    Car was purchased new and maintenance and oil changes have been completed on a regular basis. No major problems with the car, but the older a car gets the higher probability of breakdowns.
     
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    Wingate1217 said:
    I have a 2002 Mustang Convertible GT that has just shy of 36,000 miles on it. My manufacturer's warranty will be up this week, but could be extended for 3 more years or up to 75,000 miles. For this I would have a one time payment of $974. For this my car receives mechanical breakdown coverage on non-normal maintenance items (oil changes, brake pads etc.),rental car and towing reimbursement in the event of a breakdown, road and wheel hazard insurance, and emergency roadside assistance. This program is thru ford and is called Easy Care.

    Normally I would not even think about purchasing this coverage but I travel a lot and my wife will be at home most of the time alone. If something happens to the car, roadside assistance will be available to her and the cost of the repair in most cases is covered. Triple AAA has roadside assistance, however I do not know how the annual cost.

    Given my situation and the knowing that I plan on keeping the car what advice would you give me on whether or not to purchase the extended warranty coverage? Or are there other options available that i may have not thought of?
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    I think that its worth it, AAA is something close to $100 per year and it doesn't give you the half of what the extended warranty does.

    we just got my wife a new Trailblazer on a 36mo lease, and i signed up for the maintenance contract - extra $3 per month and now the only thing she has to do is put gas in it and take it to the dealer every 3k-5k miles and they will take care of the rest.
     
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    You're better off trading that ford piece of shit for a quality vehicle like a chevrolet corvette. Because when it breaks down, and they all inevitably do, at least you'll look super cool standing next to your 'vette waiting for the tow truck. Chicks dig 'vettes.
     
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    I had an extended warranty on my last car... some a couple things broke the warranty didn't cover it... total waste of money. I'd guess the warranty would only cover drive train breakdowns (highly unlikely anything in the drive train will break down before 75k). The roadside assistance is nice, however AAA could provide the same benefit for much less (and they provide free maps, travel ticks, the monthly mag, etc.).

    Extended warranties are a windfall for the manufacturer. For every dollar they charge they tend to spend maybe a dime... if you want the insurance go for it... if it I could go back in time and not buy the extended warranty on my old car I would (as in I would change my decision and NOT have purchased it... waste of money in my case... the car did have some problems and still wasn't covered :bicker: )
     
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    gbearbuck said:
    wow... my sentence structure is horrible...
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    I can sell you a class in written compostition. It even comes with an optional extended warranty, during which I offer free proof-reading for your next 1000 posts.

    Damn, I think I broke the rule about self-promotion.

    :2004:
     
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    As others mentioned, these "extended warranties" rarely cover anything but parts that hardly ever go bad. Plus, there is likely a deductible of up to $1000 written into the warranty, so you'll be out more money even if something does break. As for the roadside assistance, that's also a crock. AAA is cheaper and better, but I would recommend you check with your auto insurance carrier...they usually offer a towing/roadside assistance package that adds up to around $2/month, and it's a significantly better plan.
     
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