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Old 12-08-2013, 09:24 AM   #1
dustin102
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Warranty forever question

When I purchased my car (used)... The dealership had a warranty forever program... Its a power train warranty for the life of the vehicle.... I could not get them to take it off and discount the cost from the vehicle.... They said that once its on the car they can take it off... Every car... New and used had this lifetime warranty


Can someone fill me in a little on the cost this adds... Also is it removable from a car to lower the cost?

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Old 12-08-2013, 10:42 AM   #2
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Extended/add-on warranties are not usually wise at all. They sell them to separate you from your money. If they are going to try and force this on you, let your wallet do the talking and go elsewhere. Don't allow them to hold you up and take your money.
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Old 12-08-2013, 11:53 AM   #3
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a lot of small dealers use warranty programs so the can offer warranty without risk to their pocket
Often you must adhere to very strict maintenance schedule including submitting a copy of each invoice for oil changes every three months
Some times there is a deductible you must pay out on major things like transmission or engine

Most extended warranties are just added cost to the consumer
Electronics, most people can not find the paper work down the road
People usually change their vehicles every couple years , nobody keeps a car forever
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Old 12-08-2013, 12:24 PM   #4
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I already have purchased the car.... I got this car last summer... But to maintain this warranty... I must have a dealer do all maintenance... Everything, even down to swapping in an air filter. I have always worked on all my vehicles myself. I now have done 2 oil changes at a dealer... I was just curious if anyone has delt with this "warranty forever" company, and what there real deal is. I'm guessing like 500 bucks or more is what the dealer is paying to put it on there cars.... Then forcing it down everyone's throat.


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Old 12-08-2013, 12:58 PM   #5
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When I bought my car I spent over an hour with the sales rep negotiating the price.. Nickle and dining down to the last penny. Satisfied? Thinking im happy I truly never known if I got a deal haha I then sit down with the finance guy and he just matter of factly jots down a few warranties on my in voice to review to the tune of 4000$ I says pardon... You are on crack! They honestly just think u will toss that small extra into the financing



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Old 12-08-2013, 01:46 PM   #6
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Quote:
Originally Posted by dustin102 View Post
I already have purchased the car.... I got this car last summer... But to maintain this warranty... I must have a dealer do all maintenance... Everything, even down to swapping in an air filter. I have always worked on all my vehicles myself. I now have done 2 oil changes at a dealer... I was just curious if anyone has delt with this "warranty forever" company, and what there real deal is. I'm guessing like 500 bucks or more is what the dealer is paying to put it on there cars.... Then forcing it down everyone's throat.
It would appear you have been scammed. I highly encourage you to call the Ohio Office of Consumer Affairs and proceed to get your money back.

Here is the link -

http://www.consumeraffairs.com/links/oh.htm
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Old 12-08-2013, 02:23 PM   #7
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Extended warranties are money makers. Period. As you've found- they wanted you to have the warranty so you'll do the service there. Other warranties are limited, but cost money- an amount that the provider has figured to turn them a profit most of the time. And the crazy thing is? They can convince you it's a great value. You spend $1,500 on the warranty and, down the road, you have some major $800 repair! Wow! And they tell you how lucky you are to have had the extended warranty. Except you spent $1500 on the warranty. Rarely does a person spend more in repairs during the life of an extended warranty than the actual cost of the warranty- and that's how they end up being big money makers.
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Old 12-08-2013, 08:35 PM   #8
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I think the 3 years Ford warranty bumper to bumper is enough... Nobody keeps the car over the range of 3-5 years
FYI in Mx the Ford Co. manages Mazda, Volvo and Lincoln-Mercury dealers, Mazda is offering a 6 years warranty in the 2014 models, for free, like Ford does with the 3 years bumper to bumper.
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Old 12-08-2013, 08:51 PM   #9
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I think the 3 years Ford warranty bumper to bumper is enough... Nobody keeps the car over the range of 3-5 years
FYI in Mx the Ford Co. manages Mazda, Volvo and Lincoln-Mercury dealers, Mazda is offering a 6 years warranty in the 2014 models, for free, like Ford does with the 3 years bumper to bumper.
LOTS of people own their cars for more than 3-5 years. When I bought my focus it replaced a 14 year old car with 297,000 miles on it! (Ran great!). My wife drives my '02 Taurus with 170k on it. Probably will keep it for a couple more years before replacing it with a new Mustang Convertible!
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Old 12-08-2013, 10:46 PM   #10
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Quote:
Originally Posted by CunFFS13 View Post
Nobody keeps the car over the range of 3-5 years
What? Is that why you see so many old cars on the road today? Heck, my car is 16 years old!

Last edited by rebelx; 12-09-2013 at 01:08 AM.
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