Ford ESP

[fordfever]

I just received and signed for my FFH today. Ice Blue 502A. The loan officer was offering the ESP for $2100, but I knew from reading the other topics on this site that I could get them cheaper online.

 

The loan guy said that the ESP had to purchased at that time and would not be available afterwards without doing a full car inspection ($300). Is this true? I was going to purchase it at myfordwarranty.com later, but he got me spooked by saying I would not be able to. Is he full of it?

[junehhan]

I just received and signed for my FFH today. Ice Blue 502A. The loan officer was offering the ESP for $2100, but I knew from reading the other topics on this site that I could get them cheaper online.

 

The loan guy said that the ESP had to purchased at that time and would not be available afterwards without doing a full car inspection ($300). Is this true? I was going to purchase it at myfordwarranty.com later, but he got me spooked by saying I would not be able to. Is he full of it?

 

 

Forgive my language, but i'm raising the ultimate bullshit flag on your dealer.

 

A good site that some of us have gone to is http://www.buy-ford-warranty.com. Some people here have bought from this site and have had no problem and you might be able to do a search and dig up these older threads. You can go to the dealer's service department after a week or so and they will be able to verify that the ESP has been entered into Ford's system.

 

They will not need to do a full inspection of your car, as that is not how the ESP works. Ford charges different prices depending on how many miles you have at the time of purchase. The limitation is that you much purchase before 36000 miles, or at least that is how it has worked in the past. Between 0-12000 miles, you are charged a rate. Between 12000-24000 miles, the rate goes up a bit, and between 240000-36000 miles, the rate goes up a lot.

 

In my case, I took the price off of that website, and had my dealer match it. When my dad bought his Fusion last week, I did the same as my dealer matched the price.

[dogo88]

I just received and signed for my FFH today. Ice Blue 502A. The loan officer was offering the ESP for $2100, but I knew from reading the other topics on this site that I could get them cheaper online.

 

The loan guy said that the ESP had to purchased at that time and would not be available afterwards without doing a full car inspection ($300). Is this true? I was going to purchase it at myfordwarranty.com later, but he got me spooked by saying I would not be able to. Is he full of it?

 

I have to totally agree with junehham, it's BS. I waited until a couple of months passed. My dealer gave me a ridiculous price too. I've used http://www.fordwarrantys.com/ and got a 100,000mile/84month Premium plan with $50 deductible for $1295. I checked with Ford directly and they said they're legit. Did it over the internet and relatively painless.

 

Dan

Edited February 10, 2010 by dogo88

[Howie411]

I have to totally agree with junehham, it's BS. I waited until a couple of months passed. My dealer gave me a ridiculous price too. I've used http://www.fordwarrantys.com/ and got a 100,000mile/84month Premium plan with $50 deductible for $1295. I checked with Ford directly and they said they're legit. Did it over the internet and relatively painless.

 

Dan

 

 

I've been looking at doing the Geico warranty but when you factor in the deductible and the fact you gotta stay with Geico its not that good. I've never kept a car more then 3 years but maybe the Hybrid I will and the warranty is transferable. I've been eying a 6 year, 60k for $590 with a $50 delectable. Or $720 with no delectable. This is for the PremiumCare.

Edited February 11, 2010 by Howie411

[dogo88]

I've been looking at doing the Geico warranty but when you factor in the delectable and the fact you gotta stay with Geico its not that good. I've never kept a car more then 3 years but maybe the Hybrid I will and the warranty is transferable. I've been eying a 6 year, 60k for $590 with a $50 delectable. Or $720 with no delectable. This is for the PremiumCare.

 

On our 95 Explorer I did a Ford ESP. On our 05 Escape did an premium warranty through the Credit Union. Biggest mistake I ever made. Cost was about the same but where Ford replaces the parts, no questions asked, the one from the Credit Union argues over the claim. Plus I has to lay out the money and wait for a check. With the Ford ESP, you just pay your deductible. My FFH I went with Ford ESP.

 

Dan

[akirby]

On our 95 Explorer I did a Ford ESP. On our 05 Escape did an premium warranty through the Credit Union. Biggest mistake I ever made. Cost was about the same but where Ford replaces the parts, no questions asked, the one from the Credit Union argues over the claim. Plus I has to lay out the money and wait for a check. With the Ford ESP, you just pay your deductible. My FFH I went with Ford ESP.

 

Dan

 

I've never had a claim denied or had any trouble getting repairs done or parts replaced. I can use any dealer I want, any time I want. And my coverage never expires.

[dogo88]

I've never had a claim denied or had any trouble getting repairs done or parts replaced. I can use any dealer I want, any time I want. And my coverage never expires.

 

My claim wasn't denied. They just only wanted to pay for half the bill. My coil died and took out the plugs. They claimed the plugs are a replacable item and denied the plugs, and a big portion of the diagnostics. So on a dealer $777 bill they only agreed to pay $360. I complained to my CU and they reconsidered and paid it all. I shouldn't have to have done that.

 

All my claims under Ford ESP were paid with no issues. And while I could have gone to any repair shop, I almost always use the dealer. I want it done right, not have to wait for parts and have some recourse if I am not satisfied. I'l willing to pay more for that piece of mind.

 

Dan

[akirby]

In case you missed the sarcasm, I insure myself, meaning I don't buy extended warranties. Therefore I have total control over how and when my vehicle gets fixed. No arguing over what's covered or not covered or who's authorized to do the work. And I've got over $7K still in my pocket from the last 5 vehicles.

 

THAT gives me peace of mind. YMMV.

[dogo88]

In case you missed the sarcasm, I insure myself, meaning I don't buy extended warranties. Therefore I have total control over how and when my vehicle gets fixed. No arguing over what's covered or not covered or who's authorized to do the work. And I've got over $7K still in my pocket from the last 5 vehicles.

 

THAT gives me peace of mind. YMMV.

 

Ah, I didn't get it. Way too much snow up here in NJ.

 

I hear ya, but I tried that one time and got hit with repairs costing more than what the coverage would have cost. The FFH has way to many electronics, so for the $1300 I spent it's peace of mind for me.

 

Yours works for you and that is a good thing.

 

Dan

[junehhan]

Ah, I didn't get it. Way too much snow up here in NJ.

 

I hear ya, but I tried that one time and got hit with repairs costing more than what the coverage would have cost. The FFH has way to many electronics, so for the $1300 I spent it's peace of mind for me.

 

Yours works for you and that is a good thing.

 

Dan

 

 

Some of us are much more risk averse than others. I fall into this group as I tend to be extremely risk averse. Extended warranty programs are usually sold because they are supposed to yield a profit on average to the seller. They would not exist if they were being sold at a loss. However, I find that the $1300 or so buys me peace of mind that you cannot have without the ESP. On some past vehicles like my previous Trailblazer SS, I didn't buy one as I had no intention of leaving the warranty unmolested on it. On this vehicle, it seems to make sense since all it takes is a single big ticket item failure to already make up for your initial cost of the ESP.

[akirby]

I hear ya, but I tried that one time and got hit with repairs costing more than what the coverage would have cost. The FFH has way to many electronics, so for the $1300 I spent it's peace of mind for me.

 

Sometimes the casinos in Las Vegas make big payouts, too. But they make it up over time on all the other customers.

 

Look at it this way. Let's say there is a 1 in 20 chance that your vehicle will need a $3K repair during the extended warranty period (I think those odds are way too high, but I'll be generous).

 

Would you walk into a casino and place a $1300 bet on one roulette spin with 1 in 20 odds to win $3k? I doubt it, but that's exactly what you're doing. Except you pay the $1300 now and you don't get the payoff for months, maybe years.

 

Don't forget that just having a part fail doesn't mean the extended warranty covers it. If it fails within the first 3 yrs/36K miles then the original bumper to bumper warranty covers it. And if it's a powertrain component it's covered for 5 yrs/60K miles. So it has to come AFTER the factory warranty period and BEFORE the extended warranty expires.

 

If you buy the extended warranty for 100K miles and your engine fails at 110K, you're out the warranty costs and you still have to buy a new engine.

 

Not trying to discourage anyone from buying one - just making sure that you understand the odds and exactly what you're getting.

Edited February 11, 2010 by akirby

[dogo88]

Sometimes the casinos in Las Vegas make big payouts, too. But they make it up over time on all the other customers.

 

Look at it this way. Let's say there is a 1 in 20 chance that your vehicle will need a $3K repair during the extended warranty period (I think those odds are way too high, but I'll be generous).

 

Would you walk into a casino and place a $1300 bet on one roulette spin with 1 in 20 odds to win $3k? I doubt it, but that's exactly what you're doing. Except you pay the $1300 now and you don't get the payoff for months, maybe years.

 

Don't forget that just having a part fail doesn't mean the extended warranty covers it. If it fails within the first 3 yrs/36K miles then the original bumper to bumper warranty covers it. And if it's a powertrain component it's covered for 5 yrs/60K miles. So it has to come AFTER the factory warranty period and BEFORE the extended warranty expires.

 

If you buy the extended warranty for 100K miles and your engine fails at 110K, you're out the warranty costs and you still have to buy a new engine.

 

Not trying to discourage anyone from buying one - just making sure that you understand the odds and exactly what you're getting.

 

I hear you. But I have always at least broke even on every ESP I've bought. Usually it's the Air that dies. Almost always is a $1500 fix.

 

Dan

[acdii]

Then again, sometimes they pay out. Twice I had a good deal on them, the first was on a 92 Crown Vic, the fuel pump went out and took out the wiring harness in the trunk, that along with a leaking oil pan gasket, the repairs came out to $2500, I paid $1200 for the warranty, WIN! The other one was an ESP from Toyota on a 2007 Prius. I didn't know much about the prius, it was a from the hip purchase, only car on the lot, 3 miles on it, last day of 2.9% and it gets 50 MPG, so I bought it(the next day my son was born), since it was pretty much all electronic, and thought I would have it a while, I got the ESP, for $1900, then the next day found I can get it for $800, so I called to cancel, instead got a $1200 check back from the dealer, WIN, never used it, found out 10 months later the car was too small for us with two car seats and a tweenager, and traded it on a Veracruz, got more than I owed on it, WIN, then called to cancel the policy, and got back another $1400, WINWINWIN!!! I would say that $1400 was a good deal.

[akirby]

Then again, sometimes they pay out. Twice I had a good deal on them, the first was on a 92 Crown Vic, the fuel pump went out and took out the wiring harness in the trunk, that along with a leaking oil pan gasket, the repairs came out to $2500, I paid $1200 for the warranty, WIN! The other one was an ESP from Toyota on a 2007 Prius. I didn't know much about the prius, it was a from the hip purchase, only car on the lot, 3 miles on it, last day of 2.9% and it gets 50 MPG, so I bought it(the next day my son was born), since it was pretty much all electronic, and thought I would have it a while, I got the ESP, for $1900, then the next day found I can get it for $800, so I called to cancel, instead got a $1200 check back from the dealer, WIN, never used it, found out 10 months later the car was too small for us with two car seats and a tweenager, and traded it on a Veracruz, got more than I owed on it, WIN, then called to cancel the policy, and got back another $1400, WINWINWIN!!! I would say that $1400 was a good deal.

 

That was obviously a clerical error. Did you buy other ESPs that did not pay out?

[fsb99]

Then again, sometimes they pay out. Twice I had a good deal on them, the first was on a 92 Crown Vic, the fuel pump went out and took out the wiring harness in the trunk, that along with a leaking oil pan gasket, the repairs came out to $2500, I paid $1200 for the warranty, WIN! The other one was an ESP from Toyota on a 2007 Prius. I didn't know much about the prius, it was a from the hip purchase, only car on the lot, 3 miles on it, last day of 2.9% and it gets 50 MPG, so I bought it(the next day my son was born), since it was pretty much all electronic, and thought I would have it a while, I got the ESP, for $1900, then the next day found I can get it for $800, so I called to cancel, instead got a $1200 check back from the dealer, WIN, never used it, found out 10 months later the car was too small for us with two car seats and a tweenager, and traded it on a Veracruz, got more than I owed on it, WIN, then called to cancel the policy, and got back another $1400, WINWINWIN!!! I would say that $1400 was a good deal.

 

I guess the Prius ESP buy was a complete WIN...was there an option to trade in the Prius with the warranty in place - for more money? I guess you got more money doing it your way, but just wondering.

[kirkster57]

go here:

www.FordFactoryPlans.com

 

I got a quote of $505 for 5 years 75,000 miles, $200 deductable. I took the quote to my dealer and he verified it as legit and they could not match the price.

 

Good luck all. I shopped around and these folks were the cheapest.

[wease]

Can a Canadian FFH get the any deals on ESP?

I checked the above site and it only show USA address.

[smr2112]

Some advise on buying the FSP warranty...

 

If you have any doubt at all about buying the ESP from one of these companies on

the internet (I went through http://www.buy-ford-warranty.com) - you can go to the dealer

about a week after you buy and have the dealer pull your car up on the computer.

 

Ask them to read you the specifics of your warranty contract. That's all I ask them.

It matched what I bought 100% and even got the first day loaner I paid extra for

in the ESP that day when I had a minor issue.

 

So it works and is a great savings. I think the Ford ESP is a great value and

would never buy a 3rd party warranty - good luck getting paid VW and others

use outside companies for their "approved" warranties. BS I say, if your car

is so great, you back the warranty. That's something I really like about Ford,

no questions or problems getting coverage on your car, no middle man.

 

The VW 3rd party warranty for my wife's 2007 Beetle was outrageous. 4x

what I paid for the FFH and didn't cover 1/2 of what the Ford ESP did.