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Extended Warranty - Recommendations? Worth it?

Kidney Man

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Any suggestions for an extended warranty for a 2024 Maverick Lariat Hybrid?
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Glen Baker LLC

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Get the price from
Granger / Flood / Ziegler
Contact your local dealer or the one where you bought your truck.
Give them the opportunity to match it. It cost nothing to ask.
 
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asylus

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Clubs
 
I got the service plan and the maintenance plan. Dont want to worry about replacing parts and the labor as well as the cost changing for oil changes and such.
 

grandpopa'sMPGs

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On the side of the dash board it is stated Built Ford Tough so I did not buy the extended warranty. After all this is a Ford! Not a toyota!
 

Tim d

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Any suggestions for an extended warranty for a 2024 Maverick Lariat Hybrid?
My suggestion is dont buy one. These never used to be offered. We didnt need them years ago and vehicles should be just as reliable now as they were in the 70,s and 80,s. But if it gives you peace of mind even if you never use it its your money. Hope this didnt come across as harsh, just trying to save you money.
 

Old Young Man

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Granger and others not available in Florida. Mfg. warranty must be purchased from in state dealers
 
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Pointyears

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My suggestion is dont buy one. These never used to be offered. We didnt need them years ago and vehicles should be just as reliable now as they were in the 70,s and 80,s. But if it gives you peace of mind even if you never use it its your money. Hope this didnt come across as harsh, just trying to save you money.
Disagree. All of the electronics make today's cars infinitely more complex and expensive to repair than back then.
 

Bert Rooster

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Modern vehicles should be as reliable as 70's and 80's vehicles, its all relative. 70's and 80's vehicles had carburetors, points, drum brakes and simple exhaust system and likely no computers. Modern cars have fuel injection, electronic ignition, disk brakes with ABS and dozens of computers. That doesn't include modern complex drive trains and suspension. My dad owned an auto repair shop, he made a living replacing spark plugs, points/condensers, distributer caps, rebuilding carburetors, and doing oil changes and brake jobs (no ABS then) - all without any analytical equipment. Modern shops have to have advanced analytical gear in order to perform basic/simple tasks, these are not cheap which equates to significantly higher shop costs.
Extended warranties are a gamble; the buyer bets the vehicle will need expensive service and the provider bets the vehicle will not need service. Personally I think that one major event will justify the cost of the warranty. The alternative is to put the periodic cost of the extended warranty into a savings account to be used for vehicle repairs.
 

Tim d

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Disagree. All of the electronics make today's cars infinitely more complex and expensive to repair than back then.
I have two 16 year dodges that have not needed an extended warranty. I think its a money grab, but like I stated, if it gives you peace of mind go for it.
 

grumpyunk

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So far I have done most maintenance on all vehicles along with home equipment and outdoor tools. I am getting too old to do as much as I once did. The manufacturer has made some equipment so complex it is beyond my skillset, and requires equipment and knowledge I do not have, and most independent shops do not have either. So, figuring at least parts cost and labor cost will increase in the future and I can spend todays dollars to purchase at future dollar prices... sort of... a service contract for repairing all those innovations since Kettering designed the points and coil ignition seemed to me to be a relatively cheap insurance against any high cost repairs.
But, most likely, it will be a talisman against something going severly wrong.
Kind of like carrying an umbrella to insure it will not rain...
tom
 

RR - All the way

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I have always kept a vehicle at least ten years. Only bought one extended warranty on a Honda Accord. Only claim, an electric window motor. I had a friend who traded every two years and I thought that foolish.

I recently traded a 22 Mav with 30k miles for a 25 for $4500 out the door. I got a new warranty. If I do that every 3.3 years it will have cost about 14k when I buy and possess the 32 MY. Not sure that the figure minus the cost of an extended warranties for ten years which I will not need will be much more than the depreciation I would have had on the 22 and I will have vehicles with, hopefully, meaningful upgrades and less time in the shop even if covered by the extended warranty with its deductible fees.
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