Flot
Well-Known Member
This just seems like a waste of money
This must be your first FCA product.
In all seriousness, $1500 for a 4-5 year warranty extension is a great deal considering that this is a newly redesigned truck and ANYTHING could happen long term. There are many systems on the truck that could be an easy $500 repair and almost as many that are an easy $1000+ repair. I'm only in year 1 and probably have $1200 of repairs considering the ridiculous dealer rates - obviously the more features your truck has the more opportunity for failure. (for instance, my power folding mirror on the drivers side just crapped out - which I assume is a $500++ fix as they had to order a new mirror assembly)
Even the most reliable vehicles I've ever owned have had $1000 repair bills at 7 year mark, and if you are a private party seller, it's nice (and valuable) to be able to sell a vehicle with x months of full factory extended warranty available.
I have a good friend who also likes to point out how "ridiculous" spending on an extended warranty is.. I got in his 6 year old car and the check engine light was on, something was wrong with the stereo display, and one of the power door locks had stopped working. His reaction was "well that stuff isn't important, the car is still 100% fine" but they were all repairs which would have been covered.
Obviously if you think you'll only own the truck 3-4 years, there's not much point. And if you trade your vehicle in with extended warranty available, it does NOT pass to the next buyer. For me, I like the piece of mind that even at 7 years, I can take the truck to the dealer, say "x is broken," get a free rental, and assume that it'll be taken care of with minimal hassle.
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