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Extended Warranty / MPP Advice Needed

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I just bought purchased FFH over the weekend and after hours in the dealership, ended up also getting MPP. I jumped the gun a bit on the financing and am now getting it quickly refinanced through my credit union for a lower rate.

My question is what to do about the warranty portion as I refinance this. I like to have peace of mind but also want to be smart now that I have a little bit of time to think without a finance guy talking me into something.

 

I'm going to be driving about 15-20K per year and plan on keeping this many years (10+?)

 

The MPP at dealership was $2,115 for 72 /100,000

Credit union offering $1558 for 72/100,000

 

My question is: Should I keep the MPP, go with the Credit Union warranty, get a Ford ESP (which one?), cancel MPP and wait a little while before getting an extended warranty?

 

Sorry for so many questions....this is the first new car I have purchased, so have not dealt with this before. Also, it just seems that this is so different from anything I have ever had that there are many things that could go expensively wrong.

 

Any advice greatly appreciated.

 

 

 

 

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Just bought a 8/100 Ford Premium Plan with $100 deductible for $1300 through Flood. Car is for my daughter and she'll e keeping it for a while. Flood has the best pricing

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There are several Ford dealers on the INTERNET who sell the Ford ESP plan. I wouldn't buy any other after market plan no matter how much less it may cost. In the long run, the Ford ESP plan will always be there for you, unlike many after market plans.

 

Check the web for the different dealers by searching for Ford ESP. Last one I bought was from Anderson and Koch because they had the best prices. I also saved on the tax because they were out of state so no sales tax.

 

Buy the warranty now even though it overlaps your bumper to bumper and power train warranty. Unlike GM, the Ford ESP starts from the day the car was first put into service and with the miles that were on it at the time. You get an option for first day rental, which means you get a loaner the day you drop you car off for service. Otherwise, the standard rental with the ESP allows a rental the next day. You can also choose for enhanced rental, which allows more money towards the rental, hence a larger car or truck.

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^^^ strongly agree...the Flood Ford warranty and the Anderson were the exact same price. I did a BIG search and could not find anyone selling them for less. I did get burned many many years ago with an aftermarket. Went bankrupt and then the new owners would not help any prior purchasers...big class action suit and...gotta love our legal system...we all lost. Just buy the Ford ESP and never look back. The on-line pricing is amazing!

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Unlike GM, the Ford ESP starts from the day the car was first put into service and with the miles that were on it at the time. You get an option for first day rental, which means you get a loaner the day you drop you car off for service. Otherwise, the standard rental with the ESP allows a rental the next day. You can also choose for enhanced rental, which allows more money towards the rental, hence a larger car or truck.

I thought it was determined that the Ford warranties all start from 0 miles and the day the car was put into service. For example, our car was purchased by us with about 250 miles on it. That doesn't mean our B2B period goes until 36,250 miles, it still goes only to 36,000 miles. However, it is 36 months from the date of purchase.

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36k is a hard cut off number for Ford 36000+1 and you are done.

I learned that the hard way and what's disappointing is that there's not even an offer to say we do 50/50 but we fix it.

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I thought it was determined that the Ford warranties all start from 0 miles and the day the car was put into service. For example, our car was purchased by us with about 250 miles on it. That doesn't mean our B2B period goes until 36,250 miles, it still goes only to 36,000 miles. However, it is 36 months from the date of purchase.

You are correct. I just checked the paperwork for the Ford ESP on my 2013 Edge. Bought the warranty several months after buying the car. The warranty start date was the date I purchased the car, and the mileage warranty started at "0" miles. I gained a little on the time, but nothing on the miles.

 

Sorry about posting some wrong information. :gaah:

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