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Have you bought an extended warranty?


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66 replies to this topic

#1 OFFLINE   brcd131

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Posted 28 March 2013 - 06:20 AM

We all know how complex the FFH is, and I am wondering how many people have bought the extended warranty? And who did you buy it from? Do you feel you got a good discount?


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#2 OFFLINE   jeff_h

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Posted 28 March 2013 - 08:25 AM

Yes I bought one but got it for $500 cheaper that what my dealer offered... do a search on the forum for keywords 'extended warranty' as I think there are several threads and many posts on this one that can help get you some more info.


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#3 OFFLINE   ace8726872

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Posted 28 March 2013 - 08:29 AM

Yes I bought one but got it for $500 cheaper that what my dealer offered... do a search on the forum for keywords 'extended warranty' as I think there are several threads and many posts on this one that can help get you some more info.


I got one too. And what jeff_h said +1

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#4 OFFLINE   neod192

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Posted 28 March 2013 - 09:55 AM

I'm going to research this today. What level of coverage did you guys buy?


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#5 OFFLINE   jeff_h

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Posted 28 March 2013 - 10:00 AM

I'm going to research this today. What level of coverage did you guys buy?

 

I got the PremiumCare, which was the highest level when I went to floodfordesp.com  (which is where I saved $510 over what the dealer gave me as his "have a special going on right now" pricing.

 

I put a lot of miles on my car, so bought the 4yr/100k for the 2010 but hit 100k before 3 years.... now the mile coverage can go up to 125k, so I got the 4yr/125k.


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#6 OFFLINE   murphy

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Posted 28 March 2013 - 10:17 AM

How is the term for your warranty stated?

I bought a 7 year 36000 mile warranty for my 2010.  I don't put a lot of miles on the car so it made sense at the time.

However the first 3 years of that warranty ran concurrent with the Ford warranty so in effect it meant nothing until the beginning of the 4th year.

I was exhausted taliking to the salesman and lost my focus.

 

Since my new car will have a

 

3 year/36000 mile bumper to bumper warranty

5 year/60000 mile powertrain warranty

8 year/100000 mile hybrid unique components warranty

5 year/60000 mile roadside assistance warranty

 

do I really need an extended warranty?

 

Keep in mind that a warranty is basically the seller betting that nothing will go wrong and you betting that something will go wrong.

If they didn't expect to make money on the warranty they wouldn't offer it.

 

At the very least an extended warranty should start when the manufacturer's warranty ends, not run concurrent with it.


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#7 OFFLINE   acdii

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Posted 28 March 2013 - 11:47 AM

Its just an insurance policy, nothing more.  Like anything else, finding the Ford ESP at the best price is key.

 

I got one for my 2010 just before the miles hit 36K. I shopped around and found the full ESP was roughly $2200 for it, and my dealer got it to me for $1700.   If you buy it when you first buy the car it is a lot less expensive. The longer you wait the higher the price goes.

 

Once I finally get my crap together and it comes down to getting the HyTi, I will shop for the ESP while its still new and save a few hundred.


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#8 OFFLINE   Da0ne

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Posted 28 March 2013 - 12:16 PM

i got it also on mine


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#9 OFFLINE   Riggo

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Posted 28 March 2013 - 12:27 PM

Its just an insurance policy, nothing more.  Like anything else, finding the Ford ESP at the best price is key.

 

I got one for my 2010 just before the miles hit 36K. I shopped around and found the full ESP was roughly $2200 for it, and my dealer got it to me for $1700.   If you buy it when you first buy the car it is a lot less expensive. The longer you wait the higher the price goes.

 

Once I finally get my crap together and it comes down to getting the HyTi, I will shop for the ESP while its still new and save a few hundred.

 

Is it really a lot more expensive if you wait? I've always read that it's not a good idea to buy an extended warranty since you can always buy it later down the line. It seems odd to me to buy an extended warranty that overlaps with the factory warranty.



#10 OFFLINE   jeff_h

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Posted 28 March 2013 - 12:35 PM

Is it really a lot more expensive if you wait? I've always read that it's not a good idea to buy an extended warranty since you can always buy it later down the line. It seems odd to me to buy an extended warranty that overlaps with the factory warranty.

 

I believe it is $100 cheaper if you purchase before the 1-year point, at least that was a stipulation on the site where I purchased.


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#11 OFFLINE   hybridbear

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Posted 28 March 2013 - 01:50 PM

We didn't bother with an extended warranty. We might add something later on though depending on how it goes with the car. The night of delivery the finance guy was real high pressure trying to sell us a warranty and wouldn't listen when I told him no


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#12 OFFLINE   hermans

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Posted 28 March 2013 - 01:59 PM

It's cheaper because the Ford 36 month warranty and the extended warranty run concurrently. So on a 72 month extended warranty you're only getting a extra 36 months. If I decide to buy an extended warranty it will be just before the Ford warranty runs out.


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#13 OFFLINE   acdii

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Posted 28 March 2013 - 11:25 PM

Thats what I did, but with the amount of miles I put on, the time frame wouldnt matter, I would burn through the miles long before the time ran out. 


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#14 OFFLINE   erichFla

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Posted 29 March 2013 - 11:08 PM

The Hybrid scared me a little with all those instrument  gauge Panels and modules that could go wrong, so I bought the 5 Yr. 60-K Pkg. I got a small discount because I wasn't a happy camper at that point of the sell and I bought it directly from Ford.. I paid $875.00 for the 0 deduction, PremiumCare. We don't put much mileage on our cars anymore.



#15 OFFLINE   corncobs

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Posted 01 April 2013 - 07:56 PM

After reading about Flood Ford and their online offers I was ready to buy from them after picking up my car.
My dealer of course offered ESP while going thru the paperwork and I told him that I already had one picked out. He was curious about the price so I showed it to him on my phone and he couldn't believe the price. He kept saying it's his invoice and this can be from a Ford dealer.
So he went back to check his price and sold me ESP for his invoice price which was about 65 bucks over the one from Flood Ford.
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#16 OFFLINE   hybridbear

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Posted 02 April 2013 - 08:12 AM

After reading about Flood Ford and their online offers I was ready to buy from them after picking up my car.
My dealer of course offered ESP while going thru the paperwork and I told him that I already had one picked out. He was curious about the price so I showed it to him on my phone and he couldn't believe the price. He kept saying it's his invoice and this can be from a Ford dealer.
So he went back to check his price and sold me ESP for his invoice price which was about 65 bucks over the one from Flood Ford.

 

What's Flood Ford?


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#17 OFFLINE   jeff_h

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Posted 02 April 2013 - 08:14 AM

What's Flood Ford?

 

Dealer out of Rhode Island who sells Ford ESP plans online... I have purchased my last 3 plans there (price quote my dealer gave me was $500 higher than buying online).  floodfordesp.com


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#18 OFFLINE   erichFla

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Posted 02 April 2013 - 12:38 PM

Some States you can't use them, like Mine, Fla. The State of Fla. has a set of rules on this Extended Service Protection Plan and it will not give you a quote if you put you bought the car in the State of Fla. I tried it, no quote given, so I change the state name and got the quote but does me no good as I live in Fla. and I already bought the ESP through my Ford dealership here in Fla.


Edited by erichFla, 02 April 2013 - 12:39 PM.


#19 OFFLINE   shaggy314

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Posted 03 April 2013 - 02:28 PM

Some States you can't use them, like Mine, Fla. The State of Fla. has a set of rules on this Extended Service Protection Plan and it will not give you a quote if you put you bought the car in the State of Fla. I tried it, no quote given, so I change the state name and got the quote but does me no good as I live in Fla. and I already bought the ESP through my Ford dealership here in Fla.

 

Yup, Florida state laws about extended plans like that have to be bought locally (in FL). I used to work for a computer manufacturer and we weren't allowed to sell to FL and some other state, I forget... We had to refer to an in-state store. IIRC it was to prevent people from out of state scamming people over extended contracts or something.


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#20 OFFLINE   Harbor

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Posted 19 April 2013 - 10:10 AM

Let me start by saying I don't advise people to buy extended warranties.  Often you're giving money to an insurance company who then decides (at a later date) if something is covered.and if they want to give your money back to you. In general they are a scam.

 

But given:

 

1) My FFH is a Ford - sorry if that offends anyone here but Ford is not reknowned for their quality despite the marketing campaigns. (See the drivetrain cracking issue if you need any more proof)

2) First year model car (it was based off the Mondeo in Europe but it's not the same) - need I say any more?

3) Built in Mexico and after they had quality issues they had to send them to Flat Rock to be re-inspected. Most of your cars were redirected to Flat Rock when they identified QA problems in the Hermosilla plant. Dealers played dumb or tried to spin this as a good thing when customers asked them about it.

4) The amount of technology in the car, I believe almost 4GB of data passes through the car daily. It's essentially a computer on wheels.

5) Hybrids are not easy to work on and garages are not up to speed on fixing them.  Issues will often require dealers and that means dealer repair rates.

 

I bought an extended warranty. I hope it wasn't a mistake but we'll find out. It's a gamble.

 

The biggest factor was "1st year model". It was really expensive (over 2K) but the issues covered were comprehensive (Platinum) and clearly defined. I went with 7 year/100k which covers me for years 4,5,6,7. It is essentially an extension of my bumper to bumper coverage.

 

If I have a decent size issue it's a wash. More than that and it's saved me money.  Crossing my fingers that it's not even needed.

 

-Harbor


Edited by Harbor, 19 April 2013 - 10:33 AM.

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