Extended waranty
02-05-2013, 07:11 PM
#2
It's usually pretty high-priced insurance. Before you sign, read the policy carefully and make sure you understand exactly what it covers...and doesn't cover. For example, most policies I've seen would NOT cover replacing something like the COPs, which they regard as "wear items", like brake pads.
I've bought in before, but it was on a Northstar that my wife loved, but was a nightmare to work on myself. And as luck would have it, warranty ran out about 3 months and 3k miles before the transmission did.
I've bought in before, but it was on a Northstar that my wife loved, but was a nightmare to work on myself. And as luck would have it, warranty ran out about 3 months and 3k miles before the transmission did.
Last edited by Signal 2; 02-05-2013 at 07:15 PM.
02-05-2013, 07:26 PM
#3
Member
Thread Starter
I found one that covers stuff like cops it is 100 bucks a month and is 5 year or when my truck hits 235k which by then it would time to get a new f150 anyway
02-05-2013, 07:45 PM
#5
Super Moderator
If you want my opinion, try going with AUL. My father sells cars as a living and uses them. Hes never had a complaint with them and always top the list in the Dealer Auto Monthly magazines we get. They wont use the sorry excuse that its was normal wear and tear, plus you can even take the truck to the Ford dealer to get the truck fixed. Unless you abuse the thing. No one covers abuse... I guess it is how they say it. No excuse for abuse! Either way, its an idea. But look them up. See what you think.
02-05-2013, 09:24 PM
#6
Ford Owner
My main complaint with all of those policies (and all insurance) is in the policy, you are paying for the repairs, you are paying for someone to keep records and file claims, and paying the guy that is selling you the policy. If you can do some of the work yourself like the things considered maintenance (changing fluids, tune up, belts, hoses, brakes, etc.) and you do the preventative maintenance, and you don't do things like keep driving when the engine overheats or is low on oil, or abuse the transmission, chances are you are not going to be doing a lot or maybe no expensive repairs. You need to balance the cost of the insurance over the cost of having the repairs done on your nickle. You might try putting the cost of the insurance premium in a bank account and only take out the money for repairs. When it is time for you to retire, I suspect you will have a lot of money in the account.
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02-06-2013, 11:28 PM
#8
Member
Thread Starter
My main complaint with all of those policies (and all insurance) is in the policy, you are paying for the repairs, you are paying for someone to keep records and file claims, and paying the guy that is selling you the policy. If you can do some of the work yourself like the things considered maintenance (changing fluids, tune up, belts, hoses, brakes, etc.) and you do the preventative maintenance, and you don't do things like keep driving when the engine overheats or is low on oil, or abuse the transmission, chances are you are not going to be doing a lot or maybe no expensive repairs. You need to balance the cost of the insurance over the cost of having the repairs done on your nickle. You might try putting the cost of the insurance premium in a bank account and only take out the money for repairs. When it is time for you to retire, I suspect you will have a lot of money in the account.
02-06-2013, 11:33 PM
#10
Senior Member
I agree entirely with both of you. And I am planning on getting a quad to cover my offroads needs as to not use my truck/dd for that stuff anymore.