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15 Year/500,000 Mile Warranty??? #5304938 12/26/19 07:36 PM
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pburchett Offline OP
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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.

Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5304948 12/26/19 07:50 PM
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KGMtech Offline
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Well if this place is still in existence in 15 years, all might be fine. 95% of the population would be tired of the car after 6 years, so their risk is low.


2017.5 Nissan Rogue SV FWD
2013 Nissan Maxima SV
2009 Ford Flex SEL FWD
1984 Yamaha XJ750RL
Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5304951 12/26/19 07:55 PM
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Triple_Se7en Offline
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Originally Posted by pburchett
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.


You failed to mention the price of this 15Y / 500K warranty?
The catch-here is that you will be required to have a dealer perform manufacturer recommendation services, on-top of manufacturer required services. You should expect to pay a bundle for all the recommended services - then the usual / additional bundle for required services on your vehicle.

But no one here can give you any direction / advice, without you-first admitting how much this warranty costs.


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Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5304961 12/26/19 08:03 PM
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demarpaint Offline
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Good luck with the jacked up prices, and "scheduled maintenance" requirements. I'd be willing to bet they have their own "maintenance schedule" they want you to follow, and it has a lot more items and shorter intervals than the owner's manual does. Oh and the rate for the services is probably double what you'd pay at a local shop if not more. If a salesman were to give me that warranty pitch I'd buy my vehicle from another dealer.


God Bless Our Troops

Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5304964 12/26/19 08:08 PM
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skyactiv Offline
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Many auto warranty companies have gone bankrupt over the years by design. Let me repeat that, by design. The money is often held in an offshore bank.
There are dealers that do free lifetime oil changes and tire rotations. It doesn't take a rocket scientist to explain how they might recoup money offering it.
This dealer offers it north of me: https://www.chesrown.com/inventory/used-1980-gmc-jimmy-4x4-4wd-k5-tkl18af522765


Wife: 15' Audi A4 quattro 6 speed manual
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The rude guy that points out reality


Re: 15 Year/500,000 Mile Warranty??? [Re: Triple_Se7en] #5304968 12/26/19 08:09 PM
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pburchett Offline OP
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The 15 Year/500,000 Mile Warranty had no charge FREE for just letting them service your ride.

I do not think we will use it but was curious. We have 3 free oil changes from the dealership because the wife registered her F150 with the FORD PASS app. Those 3 free oil changes will give her a chance to see how she likes the way they treat her truck. We have never had anyone else work on our vehicles except for recalls or something I could not do myself due to not having expensive equipment.

Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5304986 12/26/19 08:39 PM
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Snagglefoot Offline
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Although the average age of car in America is 11.4 years the average length the original owner keeps the car is 6 years.

Last edited by Snagglefoot; 12/26/19 08:40 PM.

If you want the job done right......do it yourself.
Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5304989 12/26/19 08:41 PM
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Timo325 Offline
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OP,

You realize the dealership will make quite a bit of money off of servicing your vehicle for the next 15 years? That's not even discussing an owner keeping their vehicle for that long..


2011 Odyssey Touring Elite 80k mi. M1 EP, 0W-20, FU
2008 Mustang GT 81k mi. Edge EP (Gold) 5W-20, FU

Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5305006 12/26/19 08:50 PM
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KD0AXS Offline
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When you figure how much you'll spend having all the recommended maintenance done at their dealership, they'll likely still be ahead even if they do have to replace an engine or transmission at some point. Of course, if the time ever does come that you need to use the warranty, they will probably come up with something you didn't do exactly as you were supposed to so they can get out of the warranty claim.


2013 Jeep Wrangler JKU
2007 F-350 6.0 PSD
2004 Mazdaspeed Miata
Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5305019 12/26/19 09:00 PM
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Ws6 Offline
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Local dealer here offers lifetime, unlimited miles, on those parts. Included with every sale. They've been around for decades and have a 5 star rating on google, etc.. everyone I know who has tried to use said warranty has told me they honor it politely and as advertised.


2019 CX5 Grand Touring Reserve
Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5305071 12/26/19 10:06 PM
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Donald Offline
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Originally Posted by pburchett
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.


I have seen this before. They make money off the scheduled maint. And assume many will sell, trade or crash their vehicle before 500K miles.

I wonder that if you did your own maint you might be able to force them to accept that under various laws. But you might need to sue them. I have counsel on retainer (wife).


2015 Ford F-250 w/Powerstroke
2016 Subaru Crosstrek CVT (wife's)
Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5305085 12/26/19 10:21 PM
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WagonWheel Offline
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There was a yt video posted here recently where a gentleman from a Ford dealer explained how these dealer extended "service contracts" work and why their dealer didn't offer them. Essentially they are legit, however if you missed the factory service schedule by just one mile/day or broke down away from the dealer, you were out of luck. Since there were more ways for the dealer to get out of the obligation and they didn't want to deal with the ill-will associated with denying claims.

I'd be curious to know if anyone has had their Focus/Fiesta DCT transmission repaired under one of these service plans outside of the Ford warranty extension.

Note that these plans are not called an "extended warranty" since a warranty can only be from the manufacturer, free of charge. Anything above and beyond is considered a service contract.


2003 Honda Accord 2.4L 5AT - 153k miles
2006 Honda Odyssey 3.5L EX-L 127k miles (S-VCM)
Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5305150 12/27/19 12:41 AM
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I wonder if this warranty requires that you do no maintenance or repairs on the vehicle yourself? Meaning that all of the required service and repairs must be done by the dealership or an affiliate.

That could get expensive if they required 3 month or 3,000 mile oil changes at a cost of $100 or something like that. If that were true, in 15 years you'd have done at least 60 oil changes and spent $6,000 on oil changes alone - not to mention the "required" engine and cabin air filters, transmission flushes, coolant flushes, etc.


2000 BMW 528i 5MT M Sport
2007 Honda Accord EX-L 4Door V6 6MT
Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5305158 12/27/19 01:33 AM
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vw7674 Offline
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probably just done to keep up foot traffic around newer offerings.
have one VW Golf with 500K +, it's a back up/safety car. Too weathered to sell. Too good to scrap.

Re: 15 Year/500,000 Mile Warranty??? [Re: pburchett] #5305166 12/27/19 02:19 AM
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mcrn Offline
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Also look to see if they can total a vehicle if the price of the new transmission or engine is greater than the value of the truck.....like insurance.


2012 Nissan Rogue
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