Tick writing :
I’m sure you’ve answered similar questions in the past, but in the spirit of basic cable, here’s a possible repeat: I have a 2012 Mustang V6 with the performance package and a 6-speed manual transmission. It’s getting to 26,000 miles so I have 10,000 miles and/or about 9 months before the 3/36 bumper to bumper warranty expires. The car has had a few warranty issues so far, the biggest being a new steering box at around 15,000 miles. A nearby Ford dealer will sell me a Ford factory warranty (not an aftermarket roll of the dice) to double the 3/36 coverage for around $1200.
It comes with a $100 deductible, and if I sell the car before the warranty expires, I can get the unused part refunded. Normally I wouldn’t consider buying an extended warranty, but so far I’ve had enough trouble with the car and read enough horror stories about the MT82 gearbox to make you think. I don’t really know how long I’m going to keep the car, but I like the idea of having that warranty security coverage for as long as I have it. What is your point of view ?
There’s nothing wrong with reviving a classic! We’ve already said that “scary” euro-metal needs an extended warranty, as long as you’re looking for the best price. And that less terrifying metal might not come with any warranties, even factory ones with fancy loaner Lexus cars and fancy Lexus sedans. So why not discuss Ford’s ESP plan?
This mundane, low-value Ford product (unlike Lexus and BMW) is not an easy vehicle to evaluate and judge. Other than the well-known MT82, will an “unmodified” Mustang experience a significant failure within the next 72,000 miles and 3 years? I suppose not. And will the MT82 survive under the V6’s less aggressive torque curve and shifting behaviour? AN It’s completely possible.
Back to the unmodified part: assuming you don’t dodge warranty issues with non-stock engine tuning (thus pushing the limits of “safe” aftermarket air-fuel ratios) or suspension bits aftermarket, etc. it’s not likely to break anything big enough to justify the cost of the warranty.
My gut tells me no, don’t get an extended warranty. Instead, get a local mechanic you trust and use places like Rockauto and eBay for replacement parts. But if peace of mind is right for you, stick to the factory warranty (ie Ford ESP) and shop around: you might be able to get it for less by emailing dealerships across the country.[Image: Shutterstock user Castleski]
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Source : thetruthaboutcars.com