I believe my dealer wanted $3200 to extend the bumper to bumper warranty to 7 yr/100,000 miles. So their offer to you sounds pretty good. I didn't get mine but was told I could extend it anytime before it expires.
I've had two extended services plans. Both times, they paid for themselves at least 2x over. One instance the warranty paid out almost $30K to replace a blown engine. The warranty cost $3200... It just comes down to personality and your financial situation. I could have afforded to replace the engine for $30K, but I'd rather not spend my money there. A warranty is a fixed cost, something that won't increase or decrease over time. I have no fear of check engine lights or taking my vehicle anywhere for service. It's not my problem for 8 years/100K. That kind of peace of mind is worth it to me.
I bought that same plan with no deductible from Granger for $1800 (with lighting and key).
I got a similar deal through flood ford. The best deal my local dealer who I purchased the lightning through would give me was $2695.
That's correct. You can buy it from flood or Granger after the truck purchase at your dealer. You can buy it up until the factory warranty expires.
One main reason for me is that I usually don’t keep my vehicles that long. 3 to 4 years.
You can actually buy it up to 41 months / 41,000 miles. Mild price increase at 12 / 12,000, like $100.
This warranty is transferable.
Why would I buy an extended warranty on vehicle I most likely won’t keep past the term of the manufacturer’s warranty? So that I transfer it to the dealer I’m trading it in to?
I thought about doing this, but decided against it. I want to reward the dealer that just comes with fair transparent no hassle pricing (Granger), not the one that has to be arm-twisted into it. I will be going with Granger when I am ready to purchase my warranty.
If you're cycling through vehicles every 3-4 years I figured you'd be more adept at selling your used vehicles privately instead of getting hosed at the dealer. Furthermore, not only is it transferrable, it's also cancellable.
I can certainly understand your position. I didn't feel like I had to twist any arms to get them to price match an online price. They have their price and told me and I told them what I saw and showed them a printout. They gave me a lot less hassle than Best Buy would give me price matching a TV, for example.
No Ford dealer looks into HOW you acquired the warranty - they just submit claims. Therefore, if you are successful in buying the warranty from any Ford dealership, you're all set.
