Should I buy an extended warranty?

Question:
I bought a new '05 Mustang GT last year, and the car came with a 3-year/36,000-mile factory warranty. Now I'm at 35,000 miles, and I'm thinking that I may keep the car awhile longer. But I'm leery of the idea of owning an out-of-warranty car. I've gotten plenty of pffers from Ford (and other companies) in the mail offering extended warranties. I've also heard these things are sometimes not worth the paper they're printed on.

I need to buy a new car next year?


Any advice?

Answers:

Can I bargain the price of a used car?

A friend of my family works has worked for Ford for 30 years. He says that the extended warranties are a waste of money because written in the fine print is a million loopholes to get them out of honoring it.

Does anyone in connecticuit have an old mustang they would like to sell?

I recommend the Ford extended warranty. I did the same thing but bought one of those "other" extended warranty plans and they actually wouldn't pay for crap. LOL just my opinion but i think the factory gives the better warranty.

What is a good first car that is cheap and not cheaply made?

Part of the decision depends on whether you've had any trouble yet. But just one a/c or tranny problem could pay for the warranty. If you do buy one, only buy it from the manufacturer and it's accepted at a lot more places. Off brand warranties deny a lot of claims. Most also have deductibles so make sure you know how much it is. If you buy one and then sell the car you can get a pro-rated refund.

What car is best suited for a 16 yr male?

Extended warranty delima. I am a Ford salesman and the extended warranty is offered as a piece of mind on used and new vehicles. I bought new car and extended warranty, i dont want any issues over car problems.

I need stock rims/tires...?


On pre owned vehicles its a good idea in case something happens, you are not in the cold about repairs. Read carefully and ask questions on protection-buyer be ware.

For those of you who are good at buying cars?

The answer is yes. I had a situation with my car last year that would have put me back about $6000 if we hadn't bought the warranty on it. We had a similar situation with a care we had ten years ago, and this would have cost us $1800 to $2000. If you're wondering what happened to cost $6000, it was the engine. And I owed $10,000 on the car. Get the warranty.

What do you think of this offer to buy my car?

Sounds like you put on a lot of miles. If there highway miles your better off saving your money.

How much is a 1963 Ford F350 truck worth? My dad died 3 years ago and it's just been sitting.....?

I like your Q, go to my website http://www.usedcartips.org/ and navigate to warranty's and the business office for a better understanding.
I am retired with 30 years selling cars and as a hobby build a website for FREE to help people like you getting valid value.
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