When you purchase a used vehicle, chances are it will come with a limited warranty that lasts for as little as 30 days or as long as a year after the vehicle’s sale. After the limited warranty runs its course, owners are still left with the daunting task of covering their vehicles repair bills without warranty coverage. This can prove to be very expensive, especially if major repairs are necessary. An extended warranty protects against these expensive and sometimes sudden repair costs. Owners of vehicles such as the Ford Thunderbird can enjoy the positive benefits of having an extended warranty.
The Ford Thunderbird has appeared in various guises that the decades, evolving from two-seater roadster to a two-door luxury sport coupe. The eleventh generation Thunderbird returned to his roots as a two-door luxury sport roadster, offering a design that took its cues largely from the first and third generation Thunderbirds, a strong eight-cylinder engine that produced 252 horsepower and 267 pound feet of torque, and plenty of luxury features for owners to enjoy. The eleventh generation Thunderbird was produced from 2002 until 2005, when dwindling sales prompted Ford to discontinue the unique vehicle.
Vehicles like the Ford Thunderbird are susceptible to unscheduled breakdowns and major repairs that require a large sum of money paid towards parts and labor costs. It can take hundreds of dollars in parts and labor to replace components such as the alternator, axles, rear differential, timing chain and water pump. Transmissions and engines are among the most expensive components to replace in any vehicle, with replacement cost of running into the thousands of dollars. Without the right amount of warranty coverage, you’ll end up having to pay these costs out-of-pocket.
Extended warranties can help car owners save hundreds and thousands of dollars on auto repairs, especially on major repairs that involve the engine and transmission. With extended warranty coverage, you won’t have to pay a single penny out-of-pocket for most major auto repairs. Instead, the company that handles the warranty will reimburse the repair center for all repair costs and in most cases, you only have to pay for the deductible, if any. Extended warranties also come with perks such as free roadside assistance and free rentals for the duration of the repair.