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Thoughts or experiences with extended warranties?

LowFlying65

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First Name
David
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FJG Mach1 # M3579
It's been a long time since I bought a Ford or any performance car for that matter. I spoke with Granger today regarding my purchase and inquired about extended warranties. They offer a 7/70000 mile extended warranty through a company called Ethos. My gut is telling me to pass on it. Anyone with experiences or thoughts on this option or any others would be appreciated.
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