I paid for an extended warrenty for mine from a third party and had it written into the contract. Can't remember the name of the company, but it was the same one we bought for my wife's car 5 years ago, and I had to use it a couple of times, without any problems. I paid almost a grand for a 5 year, 75,000 mile warrenty, since I drive roughly 15,000 miles a year. It has a 100 deductible.
I purchased the extended warranty from my FORD dealer a month after I purchased my Bullitt for about $1100 with an 18 month payment plan with no interest charged (I beleive they still offer this program). I purchased the 7 year 75,000 mile warranty because I will never come closed to the 75,000 miles - I wanted the most years.
I have never heard of 10 year 100,000 mile warranty from Ford as an FYI - I believe they have a 6 year 100,000 or a 7 year 75,000. A far as when you can purchase the warranty you won't be charged a penalty if the car is under 1 year old and has less than 12,000. You technically have up to 3 years and 36,000 miles but you will be charged a penalty for exceeding the 1 year 12,000 mile mark. On my Explorer the penatly was about an extra $100.00.
I think it's a great idea. If anything you have great peace of mind for years. I always get it on my cars. Got way more than I paid into it with my 95 Taurus with only like 4 months left on the warrenty. Good timing huh?
I have to agree with you Lou. Save your money till you NEED it. With as little as I drive my car it won't see 10,000 miles in the next 5 years. If you have any major problems I would think you'll see them within the first three years. Anything else will probably be wear and tear items which would not be covered under the extended warranty anyway, would it?
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