POLL: Extended Warranty on Maverick (Yes/No)

[Deleted member 5597]

I didn't get an ESP.

I have a question. Lets say I bought an extended service plan and my Maverick gets totaled in a wreck. Will the insurance company pay me back for the ESP? Or am I out of luck and it just disappears?

The insurance company is going to pay you the value of your truck at the time it’s totaled. If the truck is worth $25K and you owe $30K, you’re still responsible for the $5K to pay off the loan. That would apply if you’re upside down, no matter what. That’s another downside to having an extended warranty and rolled into a loan.

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[BluegrassNbass]

900 thru dealership

 

[Blacksheep308]

Yes through Geico. $33 every six months covers seven years hundred thousand miles with a $250 deductible.

 

[IdahoDirtFarmer]

I purchased through dealership. 10 year/150k bumper to bumper for $2,800. Cheap insurance on a small, cheaply built, new model.

 

[Jonny44]

Yep. New model, so covering the bases.

 

[a***h]

I waste a lot of money on a lot of things, But, warranties are not one of them. I have to go through telling every dealer the same thing NO.

 

[Anton4]

I've never gotten one, and never needed one. I have a friend who sold new cars for years and even HE told me not to get it. Huge profit maker for the dealer.

 

[StephMavXLT]

I got a extended warranty through my credit union. 8 years 75k miles $600.

 

[StephMavXLT]

Word of advice. All of those extended warranties are 75% above cost to the dealer. That’s what the finance office at a dealership told me after I kept telling him. He kept lowering the price of the extended warranty and he wouldn’t take the answer no. I finally said there must be a huge markup in the price if you started here and brought it down to there. He was mad, but he finally said 75%. I never buy an extended warranty.

Why?
1. Overpriced as stated above
2. The extended warranty overlaps the 3/36 warranty. If you buy a 5/60 warranty, you are really buying a 2/24 warranty, but the dealer won’t tell you that.
3. You’re paying tax on that extended warranty in the loan amount.
4. You’re paying for interest on that loan amount
5. I normally only keep a vehicle for 3-4 years.
6. Extended warranties don’t cover bumper to bumper. You have to read the fine print to see what’s included and excluded.
7. There may be a deductible.
8. The money you save by not buying an extended warranty can be saved for a future down payment on the next vehicle.
9. If you keep up with the maintenance, you’re vehicle should remain trouble free.
10. If you feel a need, most credit unions sell extended warranties for Pennie’s on the dollar compared to dealers.

I got one from my credit union for $600, 8 years, 75k miles. I keep my cars for a long time. Last car was 15.5 years old. And for $600 it was too cheap to pass up.

 

[JEMiculka]

Curious to see who has purchased the extended warranty for their Maverick? Did you go thru dealership or somewhere else?

Dealership after looking at others online

 

[Donald]

Do not over pay. Buy it after the sale and get it cheaper. These are the current rates for zero dollard deductible. Play around with the number at this site https://www.lombardfordwarrantys.com/

Granger is cheaper. I bought the Lombard and cancelled. I even called Lombard and the lady said they can’t compete with Granger.

 

[Darnon]

I have a question. Lets say I bought an extended service plan and my Maverick gets totaled in a wreck. Will the insurance company pay me back for the ESP? Or am I out of luck and it just disappears?

You'd cancel the ESP and get a prorated refund.

 

[jpv74]

Thanks for starting this poll. I just got my 23XL and I would drop a $1000 for 6 years 100k I do believe. Even with all of the red tape I think it would be worth it on this truck. The LED screen in the truck could be pricey to replace........and we have had 4 or 5 recalls already and just getting warmed up . Especially if u got the truck at MSRP which I didnt......but if purchased at MSRP you stole the truck and can afford another G towards warranty. Of course when I say 6 years 100k I really mean 3 years 64k....I wish they would just say what it really is.....cmon man.

 

[Suzukiridr14]

If you have a hybrid, the hybrids have a 8 yr, 100K warrantee on the system.

 

[danlanier]

I've yet to take delivery of my Maverick XL Hybrid, but I went bottom dollar. I figured that if you're buying a cheap truck and pile a ton of options on it, then what you end up with is an expensive cheap truck.

So with the XL with only hitch, spray in bedliner, and full size spare - with tax, tag and title - I'm at 26K to the driveway. I really don't have any options that I need to protect. What I need to find out is if the extended warranty will cover what is considered "consumables" like batteries. Then I might weigh the cost. Other than that, I will not get the extended and just go with the normal warranty.

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