4 yr/100km means you're only getting 1 additional year beyond the 3/36mi bumper-to-bumper warranty. That sounds like an awful lot of money for 12 additional months of warranty...
Most dealers at least double the price of the warranty. I'd tell them that you want at least 40% off their standard price or you'll walk. At the marked up charges you may end up better off taking the money you would've spent on the warranty & investing it. Then you can use that money to pay for repairs as they come up, essentially self-insuring against future repair costs versus buying an insurance policy (the extended warranty).
Wait I thought it means my warranty lasts a total of 7 years, or 118,000 km total, whichever comes first? Crap, gotta check...
edit: I've emailed my dealer to confirm, but I did read the original email that quoted me the 2 grand and it did strongly imply that I'm extending my warranty by an additional four years, not adding one extra year.
2k is daylight robbery to extend for one year - I bet an individual out of warranty repair would cost far less.
After all, in the email they asked me how many total years I wanted to keep my car for past the factory warranty, and I said at least 3 years, so they offered me a 4 year warranty. It doesn't make sense for them to offer merely a one-year extension when I specifically asked for something that lasts at least 3 years. To me, 2 grand is a tolerable sum for a total of four years - I spend about that much on insurance every year anyway (Canada is horrible to those of us < 25 years old). It better be the case or I'm cancelling the deal!
edit again: I'm posting the contents of the original email. Perhaps the sales guy was actually offering me a 7 year warranty after all?
If you were to use ESP PremiumCare through Ford to extend it for another 4 years (from now) or up to 100,000kms total, you’d be looking at $2610 plus GST which would also have a $100 deductible if needed to be used.
We do offer another warranty through Tricare which would give you the exact same coverages (4 years from now or up to 100,000kms total) as FORD’s ESP PremiumCare and would have a $0 deductible if brought in to Richport Ford for repairs if anything were to happen and need to be used ($100 deductible if repaired at another Forddealership). The price of this policy is $2245 plus GST which would save you $365.
Please let me know if you have any further questions; I`d be more than happy to assist you.
Edited by machoman1337, 20 July 2015 - 09:25 PM.
My precious: 2013 Fusion Hybrid SE Ice Storm - Luxury Package (Dune), Navigation, Tech Package, Active Park Assist, Moonroof (ugh), 18" premium painted luxury wheels. Built in July 2012, bought CPO (former demonstrator) in May 2014. 6.3L/100 km lifetime fuel economy
Current temporary ride: 2003 Lexus LS430 w/navigation and parking sensors. Bought in December 2002, selling when I graduate