For California you will have to blame your state government for disallowing out of state sales of car warranty polices. Only option is in-state from a local Ford dealer which you already know most likely will not be $50 over cost.
How is this even enforceable? What happens when you buy a vehicle with extended warranty outside CA and then move to CA? Is the warranty void?
People who move out of California find they are getting tax bills from California in their new (home) states. I don't know how that works, but it happens.
Darn, just followed the link and doesn't appear to be available in CA (not via Granger anyways).
Agree. If everyone feels confident the first 100k miles will be trouble-free, why get a warranty that only covers up until 100k miles...you will want coverage beyond that 100k mark where you feel expensive things begin to fail. Also, people need to keep in mind, the price goes up for all these plans as you put more and more miles on your vehicle. If you choose an extended warranty is something you want, it might be worth it to get it sooner than later...the end coverage duration will be the same. If you are financing your vehicle, you can have the extended warranty in your financing as well.
Correct, your state wants to protect you 🥲
Sooooo True!! Meaning to move out of this state someday, but will be hard to leave the central coast area...
Late reply here, but regarding the windshield, check with your insurance company if they have a low deductible comprehensive windshield option. That's what I intend to do.Just had the cam phasers replaced on my 2018 Raptor under my 5yr/60K mi. extended powertain warranty (which expires the 20th of this month - June). So had it occurred a month later I would have been OOP for approx. $5K in repair bills. Until now, I had never purchased an extended warranty, but with Ford still having the cam phaser issues on the 2.7L (and all the tech in these Broncos) I'm definitly going to look into getting an extended warranty on this one. Hate that we have to "double pay" for the first 36K miles, but under $2K is a reasonable gamble (in my mind anyways) for a vehicle I'm going to keep for a long time.
Thank you for the analysis, always great to see another spreadsheet nerd
PS. anyone look into an optional windshield replacement warranty given how often these are damaged?
Just use an out of state address. Its not registered to the address anyways.
. It’s registered to the vin. Cheers. And it works . Ask me how I know.
As of today, I am being quoted over double the premium for the 7yr-100,000, $100deduct. At $3075My car just arrived at @Granger Ford and now I need to decide which warranty I should go with, if any.
This is only for the PREMIUM CARE ESP WITH $100 deductible as of 3/22/23.
I did a cost per mile analysis for each option in the table to find out what would be the best bang for the buck. I hope this will help others make an informed decision.
MILES/YEARS 3 4 5 6 7 8 9 10 36,000 - $380 $410 $435 $525 $600 $685 $785 48,000 $475 $505 $530 $590 $745 $850 $975 $1,120 60,000 $550 $585 $620 $695 $895 $1,030 $1,185 $1,365 75,000 $720 $780 $840 $955 $1,275 $1,470 $1,695 $1,955 85,000 $940 $1,010 $1,085 $1,230 $1,480 $1,700 $1,950 $2,240 100,000 $1,070 $1,110 $1,165 $1,275 $1,420 $1,640 $1,900 $2,200 125,000 $1,410 $1,460 $1,540 $1,690 $2,020 $2,340 $2,710 $3,140 150,000 $2,105 $2,180 $2,295 $2,520 $3,020 $3,500 $4,055 $4,695 175,000 $2,510 $2,600 $2,740 $3,015 $3,615 $4,195 $4,865 $5,635
Here's a breakdown of the cost per mile for each option, calculated as (Price / (Miles * Years)):
Considering that most modern cars are built to last at least 100,000 miles without significant issues, it's reasonable to assume that the probability of encountering problems increases beyond the 100,000-mile mark. With that in mind, I chose a plan that offers coverage up to the 100,000-mile range.
Looking back at the cost per mile breakdown, the following options are close to the 100,000-mile range:
From these options, the 100,000 miles / 7 years plan stands out with a cost per mile of $0.0020, which is only slightly higher than the best overall cost per mile (60,000 miles / 6 years at $0.0019 per mile). This plan provides a good balance between coverage and cost, making it the best option when considering the potential for car issues beyond the 100,000-mile mark.
- 60,000 miles / 6 years: $0.0019 per mile
- 75,000 miles / 7 years: $0.0030 per mile
- 85,000 miles / 7 years: $0.0029 per mile
- 100,000 miles / 7 years: $0.0020 per mile
I hope this helps others in selecting which warranty to chose.
Contact your local credit union and ask about mechanical breakdown Insurance.
