Extended Vehicle Warranties
When my truck had about 65,000 miles, with the looming expiration of the Ford Premium Care warranty, I began to worry a bit. I want to keep it for a long time, so I ended up purchasing a third party extended warranty from Continental Warranty. It wasn't cheap, but it covers the truck for another 4 years, 48,000 miles. Since I don't drive it every day anymore, I think the 4 years will probably come first.
Anyway, I've now got almost 72,000 miles, so my Ford warranty just expired, and it looks like my transmission has failed. Had a fun time driving it to the dealership today. They took it out for a drive and called me about an hour later. "Internal failure of some kind". In order to determine what's wrong, they have to actually tear down the transmission, so they called to authorize that. If what's wrong with it isn't covered by my warranty, that's $400 right there.
We'll see how good this extended warranty turns out to be. I'll keep you posted!
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