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RC Mike

Edge Member
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Posts posted by RC Mike

  1. My wife's 2016 Edge Sport has spent quite a bit of time in the shop during its short life.  Had the steering wheel replaced (the variable rate steering issues), the radio replaced, and the cylinder heads replaced.  Other than the radio, everything was replaced due to TSBs.

     

    We're at 31,000 miles now, with likely four months until we're out of the bumper-to-bumper coverage due to mileage.  It looks like a warranty would cost about $3,000 for 8 years, 150,000 miles.

     

    How's everyone else's repair history been?  Thanks for any input you might have.

  2. We've just got the 20s, and I'd really prefer the stock Titanium wheels. Having driven both enough, the small wheels feel better to me. Depends on the road surfaces, though. If you're in a place with great roads, it may not matter as much. Here, there's an interstate with reasonably good concrete that just doesn't jibe with our Sport. Felt fine on a Titanium, and has always been fine on our other vehicles.

     

    I'm not a person that values the appearance of wheels, so that skews my opinion.

    • Like 2
  3.  

    I failed to mention the gambling aspect. On any vehicle you can certainly choose to gamble that it might need more repairs than the cost of the warranty based on past history. And you might break even or even win big. Just understand that it's a gamble - no different than putting $1500 on the roulette wheel in Vegas. You might lose it all or you might win big. But if you play the game long enough the house will always win.

     

     

    Try inverting that gambling analogy. It's a bet either way--do you go with the sure thing, which is the known cost of the extended warranty, or do you go with the uncertainty? Were the workers having a good day when the components were made, or did one of them have a blow-up with his wife about his chronic drinking the night before?

     

    Either way, it's a gamble. Depends on how long you plan to keep the vehicle, too.

     

    Modern cars are so much more reliable and better built than cars of yesterday. The inverse to that fact is that problems now tend to be more complex/expensive to diagnose and repair.

  4. Insurance isn't always strictly an economic decision, even though it should be. With my van, I paid $1,500 for a lifetime bumper to bumper warranty with a $100 deductible. I've had about $1,100 in repairs made over the last 8 years, and paid $200 in deductibles. So I may or may not break even if I own it for another 5 years. It's been more reliable than I expected. It was the first year of a redesign, has a lot of electronic goodies, power options, and wiring. I was concerned about those things. It felt like a smart purchase, given my previous history with vehicles that seemed to suck down about $2k a year in repairs.

     

    With the Edge, it's another collection of electronics and complexities. Might buy an extended warranty, depending on price/exclusions/duration.

  5. We got our 2016 Sport for just under $40k (our base price was about $36,250) out the door at the end of December this year. It was a pretty solid deal. Stickered around $47k. Ours had been on their lot since June. A similar Sport that had sat since August was last listed at $35k when I looked in February.

     

    Other dealers in the area wouldn't touch the price, and this dealer is about an hour south of the metro area in the sticks. Just a data point to consider.

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