C
craigsub
Audioholic Chief
I am going to post some interesting data on 3 year old vehicles after I get the latest info back from the insurance company.I own a Lincoln and it has given me zero problems so far. It's my first American car. At the same point, the Nissan, Honda, Saab, Mercedes I've owned (all new), had some issues come up. I believe Ford has made some real effort to make better cars as the new Lincolns, Fusions do well in reliability ratings. I wouldn't count Ford out.
Our industry is highly regulated, and we have to post the exact losses per vehicle for the term (months and mileage) and coverage (IE - is it powertrain only or a comprehensive coverage) to the department of insurance in each state.
The info I am getting today is the underwriting cost for putting a 4 year, 60,000 mile bumper to bumper warranty on a 2006 model vehicle with 40,000 miles on it today.
Basically, these cars are typically out of factory warranty, with the exception of some possible powetrain warranty remaining.
Each vehicle would be covered from April 1, 2009 until April 1, 2013, and until it hits 100,000 miles.