OK the thing with warranties? It isn't the company being proud of what they sell. It's a selling point. Way back in the late 60's everything was 12 and 12. 12 month or 12,000 miles. Then a company sales started to lag. They knew that the average new vehicle would never be in for warranty. They also knew that for the drive line and engine that most catastrophic failures occurred before 8,000 miles. So to boost sales they went to a 4 year 45,000 mile warranty as a means of bringing in customers. It isn't what's best built. It's getting customers through the door.
So with today's vehicles an extended warranty is really just a money grab. And that's because the average car, once the original warranty expires will most likely reach 200,000 miles without a major covered failure. And the companies selling these warranties know that.
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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.
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