Used Mustang Warranty, worth it?

Used Mustang Warranty, worth it?

Author
Discussion

chris2002hk

Original Poster:

168 posts

163 months

Friday 16th June 2023
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I have been Quoted a warranty price by Motoreasy for my (soon to be owned ) 68 plate , 16000miles , Mustang Convertible . The price: £1,431.05 (inc. VAT), for 2 years.

Just over £700 per year. Are they this unreliable and expensive to own? I flirted with an M6 until I looked up the cost of replacement pads and discs!

Anyone with experience or recommendations suggestions, please feel free to comment ?!


snotrag

14,464 posts

212 months

Friday 16th June 2023
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3rd party Warranty? Put the £1400 in a savings account. There is not a single 3rd party warranty out there worth the cash in my opinion.

Yes, some individual will come along and tell us that they had an engine replaced by 'warranties-r-us' for £50 excess but thats playing the odds.

I dont know much about those Mustangs but they dont even strike me as being particularly troublesome to run.

Actual

752 posts

107 months

Friday 16th June 2023
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I have has 2 2015 (S550) sixth-generation Ford Mustangs from new purchased in 2015 and 2017 (and I didn't crash them).

The 2015 Mustang is a very basic vehicle and is just a V8 engine with 4 wheels so not much to go wrong with the basic vehicle.

As with all modern cars a simple electrics problem with a power window could cost you £1000's to fix but would the warranty cover that failure?

I would purchase a manufactures warranty so that all the incidentals are covered but I don't think a 3rd party warranty will even cover what is likely to go wrong.

chris2002hk

Original Poster:

168 posts

163 months

Friday 16th June 2023
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The AA said

Good afternoon,

Unfortunately, due to the Engine Size of your vehicle, we would not be able to offer you a warranty.
For the AA Warranty, the Engine Size of the vehicle must be below 4 Litres.

I wish they would mention this before they waste folks time filling in the details.

twing

5,015 posts

132 months

Friday 16th June 2023
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andy43

9,723 posts

255 months

Friday 16th June 2023
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It’d be worth getting this moved to the Mustang section as existing owners will know what breaks, what costs, and what warranty might be worth the paper it’s written on. They’re quite simple cars so unless something weird and electronic breaks I’d be amazed if a warranty was worth it.

Dracoro

8,683 posts

246 months

Friday 16th June 2023
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Do Ford not do proper extended warranties?

Actual

752 posts

107 months

Friday 16th June 2023
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Dracoro said:
Do Ford not do proper extended warranties?
Yes they extend the manufactures 3 year warranty to 5 years and must be purchased at time of first registration.


Bearintown

64 posts

118 months

Friday 16th June 2023
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Maybe a local thing but garages near me pretty much just fug you off, saying -not dealing with those warranty aresholes!

twing

5,015 posts

132 months

Saturday 17th June 2023
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Bearintown said:
Maybe a local thing but garages near me pretty much just fug you off, saying -not dealing with those warranty aresholes!
A decent warranty co will agree to pay the customer one he/she has settled the bill with the garage

Driver101

14,376 posts

122 months

Saturday 17th June 2023
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twing said:
Bearintown said:
Maybe a local thing but garages near me pretty much just fug you off, saying -not dealing with those warranty aresholes!
A decent warranty co will agree to pay the customer one he/she has settled the bill with the garage
I'm sure most people taking out a warranty don't want to have to settle large bills and hope to recover the money from the warranty company afterwards.

Dracoro

8,683 posts

246 months

Saturday 17th June 2023
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Not sure if company mentioned are the ones in this thread: https://www.pistonheads.com/gassing/topic.asp?h=0&...

Maybe, OP, ping a message to OP of the above thread?

As with any, check claim limits, max labour rates, number of claims, what is/isn’t covered, other conditions, excess etc.,

Cost, I suspect a high premium is due to combination of following:
Reliability - how likely it’s going to break
Cost to fix - when something does go wrong (an unusual car may bump up these part costs).,

So a car may be very reliable but costs a fortune to fix, or it could break down all the time but be cheap to fix. Or somewhere in between,

As a note 3 years ago I had a VW ext warranty on a Golf R and it was about £230, so £700 sounds a lot!

Edited by Dracoro on Saturday 17th June 10:20

LuS1fer

41,135 posts

246 months

Saturday 17th June 2023
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Mustangs are fairly basic cars and very reliable, in my experience. Anything that fails is going to be fair wear and tear, I had a harmonic balancer fail and it was a pain to replace (mainly as mine has a supercharger in the way).

I've had Corvettes, Camaros and Mustangs and all have been very reliable and they are easy to DIY unlike European cars.

RockAuto in the US are also epic for tax-paid parts and super-rapid deliveries.

twing

5,015 posts

132 months

Saturday 17th June 2023
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Driver101 said:
I'm sure most people taking out a warranty don't want to have to settle large bills and hope to recover the money from the warranty company afterwards.
And most won’t need to but if you’re in an area such as the person I quoted then it’s an option.

chris2002hk

Original Poster:

168 posts

163 months

Thursday 22nd June 2023
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Picked up car today. Decided to go without warranty, but did get the dealer to send car for major service at Ford. And a detail. Brave pill swallowed, hopefully with only 15k miles on the odometer, all should be ok for awhile .


rolster

91 posts

86 months

Friday 23rd June 2023
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Hi i would not be to worried, i have had my 2017 s550 for six years now and take it to ford for its annual service.

Its done several trips from the south of France to the U.K and back visiting family and now covered 58,000 kilometers.

Never had anything wrong with it apart from last week when the windscreen was cracked by something hitting it on the autoroute, not the car or makers fault. Insurance is covering it but make sure you have glass cover on your insurance as Euro 3,500 to get it fixed!

NSP

29 posts

13 months

Wednesday 12th July 2023
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As per the post above, I too ran mine for 5 years with no issues whatsoever - they are very reliable and cheap to run.