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what happens to my car manufacture warranty if ford declares bankrupt?
i just bought an 2009 ford escape and i was just reading about the Auto bailout rejected.
im wondering what happens if they declare bankrupt? will i loose all of my warranty on my new vehicle?
7 Answers
- Anonymous1 decade agoFavorite Answer
Too bad you have a car that the warranty is the most valuable thing in it.
Next time buy a car that doesn't need a warranty. That would be built by a company that won't be going bankrupt soon.
- 5 years ago
Ford, while in financial straits, isn't about to go broke. Ford, like all car makers, makes some real crap, and makes some real decent stuff. Frankly, I'd be more concerned with GM hitting the skids than I would be Ford. Ford is, at least, making changes to try to turn around its slump. GM carries on like it's still King of the Road, and lumbers along like nothing is wrong.
- Ben JLv 51 decade ago
If Ford goes bankrupt the warranty is not worth the paper it is written on.
Sell while you can still get a price.
- David HLv 71 decade ago
Yes you sure will if the company becomes bankrupt, sell it quick and get another model brand, before others get to know the warrantys no good but be quick.
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- Anonymous1 decade ago
You probably will. However, consider getting a 3rd party warranty. It may or may not be worth it depending on the price. You can get a free quote here: http://r.zimdo.com/autowarranty
- Anonymous1 decade ago
I think we're all wondering the same thing and the obvious answer is that while the UAW workers are protected in regard to their retirement, those of us who are paying for it will not be.
- Anonymous1 decade ago
That's what a lot of people are wondering. I know this isn't an answer but, I don't think anyone knows what to expect. I'm glad you posted this however cause I too would like to hear something. Thanks.