Extended warranties
Super Moderator
Joined: Jan 2008
Posts: 40,024
Likes: 1,519
From: Maine, Virginia
A Ford ESP or a dealer sold and backed warranty is transferable upon the time of re-sale or trade which in the opinion of the car industry increases "your" vehicle's value.
When I bought my 2010 Focus, I purchased a 72/72 bumper to bumper warranty from the dealer. It's administered by and backed by the dealer. I paid $1500 and rolled the cost into my payment. It carries a $100 deductible after the first 36/36 B2B expires.
With my daughter having the car away at college, I felt it would be easier to have some additional coverage if something breaks and i'm not there to handle it. The only hoop that must be jumped is we have to call my dealer for authorization of payment for work performed if we are not close by.
This is the first time t hat I've ever purchased a plan such as this so I'm pretty sure that when the car gets to 72/72 and I didn't use the warranty, I'll feel like I wasted my money.
I did not buy a warranty for my truck, I have 28K on it now and I'm still thinking.
When I bought my 2010 Focus, I purchased a 72/72 bumper to bumper warranty from the dealer. It's administered by and backed by the dealer. I paid $1500 and rolled the cost into my payment. It carries a $100 deductible after the first 36/36 B2B expires.
With my daughter having the car away at college, I felt it would be easier to have some additional coverage if something breaks and i'm not there to handle it. The only hoop that must be jumped is we have to call my dealer for authorization of payment for work performed if we are not close by.
This is the first time t hat I've ever purchased a plan such as this so I'm pretty sure that when the car gets to 72/72 and I didn't use the warranty, I'll feel like I wasted my money.
I did not buy a warranty for my truck, I have 28K on it now and I'm still thinking.
Fleet Mechanic
Joined: Sep 2010
Posts: 1,832
Likes: 467
From: Mason City, Iowa
If you are buying an extended warranty, just remember to negotiate the price for that too! They are a high profit item for dealerships. Last time I bought one I got them to come down $600. A good negotiator probably could of gotten more!
Official Ford Rep
Joined: Oct 2010
Posts: 3,123
Likes: 6
Hey everyone!
If you have questions about our Extended Service Plans, your best bet will be to contact our ESP group directly at 877-794-6434. If you'd like to do some research on your own, you can check out information about available plans here: Personalized Vehicle Owner Information
Crystal
If you have questions about our Extended Service Plans, your best bet will be to contact our ESP group directly at 877-794-6434. If you'd like to do some research on your own, you can check out information about available plans here: Personalized Vehicle Owner Information
Crystal
Cargo Master
Joined: Nov 2011
Posts: 2,946
Likes: 11
From: Northern California
I look at purchasing extended warranty's like buying car insurance...you get it just in case something happens. I usually only buy warranties for vehicles....and not for anything else.
Fleet Mechanic
Joined: Dec 2006
Posts: 1,762
Likes: 129
From: Maryland
I purchased a "dealer backed" ESP when I bought my 09. I paid somewhere around $1,600 for a 5Yr/100K warranty. I have used it 3 times and have saved 3k total. In my opinion it is worth it. ymmv.
Freshman User
Joined: Jul 2013
Posts: 26
Likes: 0
From: Wisconsin
Other than the fact that it's not a Ford product, what's the problem with an aftermarket warranty if the Ford dealer is doing all of the service and documenting it?
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Cargo Master
Joined: Feb 2005
Posts: 2,898
Likes: 185
I bought mine from Flood Ford Ford Extended Warranty - Geniune Ford ESP Sales
Premium Care 84 months/100k miles ($50 deductible) for $1400
Elder User
Joined: Dec 2008
Posts: 705
Likes: 1
From: Clay Country, GA, NE MS
Even though all this extended warranty mess does not give me confidence in a truck, I kind of think old Prince just might be right in his thinking. When I ever do buy me truck, I reckon I'll look into it.
Senior User
Joined: Apr 2006
Posts: 126
Likes: 1
Just to correct one misunderstanding, Ford does NOT require any certain length of payments when you finance through them to get the extra rebate. You can refinance within days if you want to, and you WILL NOT lose the rebate.
The dealer gets an extra incentive from Ford if you stay with the finance for 3 months, but that is between Ford and the dealer.
I personally talked to a Ford finance center here in the Dallas area and was given this information. Others have refinanced before making even the first payment and there are no penalties.
The dealer gets an extra incentive from Ford if you stay with the finance for 3 months, but that is between Ford and the dealer.
I personally talked to a Ford finance center here in the Dallas area and was given this information. Others have refinanced before making even the first payment and there are no penalties.
Posting Guru
Joined: Sep 2011
Posts: 1,088
Likes: 1
If extended warranties help you ease your mind, then go for it.
Just understand that in the long run, they will cost a lot of money and it's almost a given that the will be worth it - but only for the party selling them. That's especially true if you take good care of your ride.
I always skip them, and it has paid over the years.
Just understand that in the long run, they will cost a lot of money and it's almost a given that the will be worth it - but only for the party selling them. That's especially true if you take good care of your ride.
I always skip them, and it has paid over the years.
Posting Guru
Joined: Sep 2011
Posts: 1,088
Likes: 1
Just to correct one misunderstanding, Ford does NOT require any certain length of payments when you finance through them to get the extra rebate. You can refinance within days if you want to, and you WILL NOT lose the rebate.
The dealer gets an extra incentive from Ford if you stay with the finance for 3 months, but that is between Ford and the dealer.
I personally talked to a Ford finance center here in the Dallas area and was given this information. Others have refinanced before making even the first payment and there are no penalties.
The dealer gets an extra incentive from Ford if you stay with the finance for 3 months, but that is between Ford and the dealer.
I personally talked to a Ford finance center here in the Dallas area and was given this information. Others have refinanced before making even the first payment and there are no penalties.
Cargo Master
Joined: Feb 2005
Posts: 2,898
Likes: 185
Just to correct one misunderstanding, Ford does NOT require any certain length of payments when you finance through them to get the extra rebate. You can refinance within days if you want to, and you WILL NOT lose the rebate.
The dealer gets an extra incentive from Ford if you stay with the finance for 3 months, but that is between Ford and the dealer.
I personally talked to a Ford finance center here in the Dallas area and was given this information. Others have refinanced before making even the first payment and there are no penalties.
The dealer gets an extra incentive from Ford if you stay with the finance for 3 months, but that is between Ford and the dealer.
I personally talked to a Ford finance center here in the Dallas area and was given this information. Others have refinanced before making even the first payment and there are no penalties.
No I don't work for Ford but everybody has to make a decent living.
Posting Guru
Joined: Sep 2011
Posts: 1,088
Likes: 1
I had asked my dealer - and was told to go ahead and pay it off as soon as I want to, they told me no rebate or incentive for them when I make 3 payments, so that's what I did. Who knows. I am sure they did not lose money either way. 