Just purchased my second 2013 C-Max Hybrid SEL today. My daughter has the other one at college. I liked it so much, when I brought my wife's Transit Connect in for an oil change, I asked our friend, a Ford salesman, if he would contact me whenever he got a used C-Max (given the $10,000 depreciation over the first two years, I was not interested in a new one). One came in Saturday and I bought it today. The financial guy tried to sell me on an extended warranty. My daughter's vehicle had 100,000 miles warranty extended by a different dealership (also in our area) which had the vehicle Certified to extended the warranty. This guy said my vehicle has a 60,000 mile, 36 month basic warranty which runs out in 12 months (Carfax was in agreement). I could buy an extended Premium Warranty good for 8 years (6 more years) and 125,000 miles for about 3 grand (bottom line price without loan). When I asked about the 100,000 mile extension on my daughter's C-Max, he said they didn't have time to Certify the vehicle I was buying, that it would add to the cost (about $500), only extend the warranty on the drive train and make the price renegotiable. I took my time declining. I was most concerned about the possibility and cost of hybrid battery replacement. I checked a website on line tonight which stated that Ford warranties hybrid batteries for 100,000 miles. I am looking to verify that now, and the cost of replacement - including installation and core credit, if any, from Ford. I have seen Prius battery replacements quoted at $3000 - over $4000 total price (I have owned 2 Prius over the last 13 years - 2002 and 2007), and the C-Max hybrid battery pack is $3500 just for the parts That might justify the extended warranty, if there isn't already a 100,000 mile warranty on the hybrid battery pack. I can still purchase the extended warranty (but not financed). Is a 6 year/125,000 mile extended Premium Warranty worth 3 grand up front? Any opinions about this?
Value of buying Ford's extended warranty?
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Just purchased my second 2013 C-Max Hybrid SEL today. My daughter has the other one at college. I liked it so much, when I brought my wife's Transit Connect in for an oil change, I asked our friend, a Ford salesman, if he would contact me whenever he got a used C-Max (given the $10,000 depreciation over the first two years, I was not interested in a new one). One came in Saturday and I bought it today. The financial guy tried to sell me on an extended warranty. My daughter's vehicle had 100,000 miles warranty extended by a different dealership (also in our area) which had the vehicle Certified to extended the warranty. This guy said my vehicle has a 60,000 mile, 36 month basic warranty which runs out in 12 months (Carfax was in agreement). I could buy an extended Premium Warranty good for 8 years (6 more years) and 125,000 miles for about 3 grand (bottom line price without loan). When I asked about the 100,000 mile extension on my daughter's C-Max, he said they didn't have time to Certify the vehicle I was buying, that it would add to the cost (about $500), only extend the warranty on the drive train and make the price renegotiable. I took my time declining. I was most concerned about the possibility and cost of hybrid battery replacement. I checked a website on line tonight which stated that Ford warranties hybrid batteries for 100,000 miles. I am looking to verify that now, and the cost of replacement - including installation and core credit, if any, from Ford. I have seen Prius battery replacements quoted at $3000 - over $4000 total price (I have owned 2 Prius over the last 13 years - 2002 and 2007), and the C-Max hybrid battery pack is $3500 just for the parts That might justify the extended warranty, if there isn't already a 100,000 mile warranty on the hybrid battery pack. I can still purchase the extended warranty (but not financed). Is a 6 year/125,000 mile extended Premium Warranty worth 3 grand up front? Any opinions about this?