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Ford Extended Warranty Program
Vanity

Posted on 08/18/2021 4:59:43 PM PDT by pfflier

Any Freeper opinions out there on the Ford Extended Service Plan (ESP) for a 2017 Ford Escape 2 WD within factory warranty limits? I am still under factory powertrain warranty until the end of the month and have the option to continue under the factory ESP.


TOPICS: Business/Economy; Miscellaneous; Travel
KEYWORDS: driverreturnsonfoot; failsonraceday; fixorrepairdaily; ford; fordescape; fordesp; foundonrefusedump; foundonroaddead; vanity
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To: pfflier

They sell the extended warranty because they think they can make money on it. That means that they think they will have to pay out less in coverage than they make on premiums.

So it is up to you if you think that your car is better than the average of that car model or worse. And whether you are hard on your cars.

But the law of averages says you won’t make your money back.

That is the same with all insurance.


21 posted on 08/18/2021 5:29:18 PM PDT by Bartholomew Roberts
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To: pfflier

My only advice would be to NEVER BUY A FORD.

Sorry, but I’m serious.


22 posted on 08/18/2021 5:30:40 PM PDT by Bullish (CNN is what happens when 8th graders run a cable network.)
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To: ifinnegan
When Toyota exists why would anyone buy a Ford.

When Suburu exists why buy a Toyota?

23 posted on 08/18/2021 5:31:38 PM PDT by Bullish (CNN is what happens when 8th graders run a cable network.)
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To: pfflier

Some of those mailer plans put a cap on what they’ll pay for hourly labor. It could be something like $17 per hour. Ain’t no way a skilled car mechanic will work for just $17 per hour.

And that’s why many shops won’t accept those types of warranties.


24 posted on 08/18/2021 5:36:14 PM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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To: excalibur21
You’ll probably have to get one off of the Ford website if you decide to do this.

That is exactly where I got the quote. Thanks. I have the same concerns. I used to be pretty good under the hood. Now I have more wire harnesses and modules than I can count and you have to remove everything to get at anything.

25 posted on 08/18/2021 5:38:11 PM PDT by pfflier
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To: pfflier

I’ve bought 2-3 extended warranties for cars and I’ve pretty much broken even on them. It could save you a lot, or not, but I’m glad I bought them for the peace of mind.


26 posted on 08/18/2021 5:39:31 PM PDT by libertylover (Our biggest problem by far is that most of the news media is hate & agenda driven, not truth driven.)
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To: pfflier

Shop attend at different dealerships. When we bought our 2019 F150, we negotiated $1000 off the ESP warranty (price of truck was ahead settled). But it was also a long term/high miles policy. Still, the entire thing was a little over $2500 after the discount, I think.


27 posted on 08/18/2021 5:44:21 PM PDT by moovova (Yo GOP....we won't forget.)
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To: pfflier

I wouldn’t buy any policy other than a genuine Ford Factory warranty. And don’t buy it from the dealer. Buy it directly from Ford.

PS. I once managed a Ford dealer.


28 posted on 08/18/2021 5:49:07 PM PDT by phoneman08 (qwiyrqweopigradfdz oncm,.dadfjl,dz )
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To: excalibur21
Is this the site you are referring to as the official Ford site?

https://www.lombardfordwarrantys.com/

29 posted on 08/18/2021 5:50:50 PM PDT by pfflier
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To: phoneman08
So you're saying the Ghostbusters guy may not be the one to have?


30 posted on 08/18/2021 5:51:31 PM PDT by nascarnation
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To: phoneman08
Is this the site you are refrencing?

https://www.lombardfordwarrantys.com/

31 posted on 08/18/2021 5:52:24 PM PDT by pfflier
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To: Bullish

“When Suburu exists why buy a Toyota?”

Are you a manual aficionado?

Do Subaru’s last longer than Toyotas?


32 posted on 08/18/2021 5:54:57 PM PDT by ifinnegan ( Democrats kill babies and harvest their organs to sell)
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To: ifinnegan
When Toyota exists why would anyone buy a Ford

I dunno, maybe because in 25 years or so I've never had problems with them

33 posted on 08/18/2021 5:55:45 PM PDT by MileHi ((Liberalism is an ideology of parasites, hypocrites, grievance mongers, victims, and control freaks.)
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To: ImJustAnotherOkie

I’d say that’s an outlier.

Bad luck.


34 posted on 08/18/2021 5:56:38 PM PDT by ifinnegan ( Democrats kill babies and harvest their organs to sell)
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To: ifinnegan

All I hear about Subie’s is failed head gaskets which requires pulling the motor because it’s a flat 4. But they have created a lot of good jobs here at their factory and suppliers here in Indiana.


35 posted on 08/18/2021 5:56:43 PM PDT by nascarnation
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To: pfflier

I did the warranty calculations for a company I worked for. The return on the average warranty is 16/1. The company makes 16 dollars for every dollar paid out in warranty work. The way warranties work is, you (the company) calculate the reliability of each item. The company will have copious data. You (the buyer) only “win” if something really unusual happens. If you read the fine print it probably rules out standard wear replacement items like timing belts and DSG clutches. Those two items on my Jetta ran just north of $3,000. The failure happened just after the warranty ran out and the company stalled me on the repair just long enough so they weren’t covered. At the time the second market warranty didn’t cover them. Again, read the fine print.

In general warranties don’t pay. In the long haul you’d
“win” by not buying them. Then, again, there’s that one time...


36 posted on 08/18/2021 5:57:47 PM PDT by Gen.Blather
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To: nascarnation

“All I hear about Subie’s is failed head gaskets which requires pulling the motor because it’s a flat 4. But they have created a lot of good jobs here at their factory and suppliers here in Indiana.”

I don’t know that much about it, but yeah, seems high maintenance.


37 posted on 08/18/2021 5:58:35 PM PDT by ifinnegan ( Democrats kill babies and harvest their organs to sell)
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To: pfflier

https://fordprotect.ford.com/extended-service-plan

That looks like it. Check the above link to see if there is any difference in price.

The dealer makes a nice commission, particularly on 3rd pry plans. Ford may have the price set regardless of where you purchase it. Things may have changed in the 30 years since I was in that industry.


38 posted on 08/18/2021 6:00:36 PM PDT by phoneman08 (qwiyrqweopigradfdz oncm,.dadfjl,dz )
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To: pfflier

I have a Ford Escape I have had for 16 years it is a manual transmission the ONLY thing that has gone wrong with the car is the clutch!! I LOVE my escape I love the room on the inside YET it is compact parking!! It has been GREAT to not have a car payment for all of these years!!


39 posted on 08/18/2021 6:01:08 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Trump Girl Kit Cat

I forgot to say I live in CA. so my car doesn’t have to deal with the elements of salt on roads, snow, ect.!!


40 posted on 08/18/2021 6:02:27 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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