Statistically you will never use it. Most major malfunctions that happen with a new vehicle occur within the first 8,000 miles and are covered under the OEM warranty. Then long after even the extended warranty has expired. So it's a racket for the dealer and the company that carries the warranty. There have been several investigative reports on them. Most only cover the engine and drive train too. The most durable parts of the vehicle. Few if any cover what's normally expensive repairs at say 150K or so like electrical issues. Some even have deductibles. I was in a dealership a couple of years ago with my son looking to buy a car. A lady picking up her "covered under extended warranty" vehicle had to pay almost the full repair because of that. She screamed at the manager that her and her husband had been buying new cars from them for years and the she was going to buy a different brand "tomorrow"!
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
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