Local dealer offers a 15 Year/500,000 Mile Warranty which guarantees your Engine, Transmission, Drive Axle System, Seals, Gaskets, and Internally Lubricated Parts for 15 Years / 500,000 Miles Details are--- 15 Years from vehicle manufacture date or 500,000 Miles on vehicle odometer, whichever comes first. Customer is required to perform all scheduled maintenance per manufacturer recommendations and can do so at ANY *OF THEIR* Dealership locations. What is the catch? Will they make that much from scheduled maintenance, or are they betting that the vehicle will need no major repairs. Just bought the wife a 2020 F150, 2.7 Eco Boost and this was offered so I was wondering. They also offered the FORD extended warranty and a second party extended warranty which I declined. The FORD warranties I bought on two new vehicles in 2008 (F150 & Mustang GT) were worthless.