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macchiaz-o

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I'd use those points for new tires or a new 12V battery. Or touch up paint, wiper blades. Stuff like that.
That said, if you're going to buy an extended service contact anyway, @FadeOutLines, then certainly you should use all of your points for that. I'm not interested in an ESC (I don't see the value of it), thus it'd be a waste for me.
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Zach@granger

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I canceled the warranty yesterday. When I did, the finance guy also misspelled my name. I confronted him about that, too. He said it wouldn't matter. I'm skeptical. I have to wait and see what happens to my refund.
Name shouldn't be a big deal as long as the vin is correct.
 
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Here's what it says in my Ford Pass app.

IMG_0359.png
Mine didn’t show up either. The paperwork had my full name; my app had my shortened name (Timothy/tim) and because of that, the app couldn’t retrieve the extended warranty info. I updated the name in the app to match the database, and it showed up.
 

miked47a

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Interesting discussions about extended warranty. I would be interested to know the percentage of people who get them and what the best Grainger suggestion is. I have a 2021 FE with 33k and plan to keep it for the long haul.
 

RickMachE

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Interesting discussions about extended warranty. I would be interested to know the percentage of people who get them and what the best Grainger suggestion is. I have a 2021 FE with 33k and plan to keep it for the long haul.
Many people buy extended warranties. Reasons include:

#1 - Talked into it by finance guy
#2 - "All this technology is going to cost a lot if it fails" fears
#3 - Inability to absorb the cost of the repair if it happens unexpectedly.

Extended warranties across all products are a "House Wins" thing. Ford, and dealers, make more money off extended warranties than they do selling products, and that is true across all products and industries.
 


Zach@granger

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Interesting discussions about extended warranty. I would be interested to know the percentage of people who get them and what the best Grainger suggestion is. I have a 2021 FE with 33k and plan to keep it for the long haul.
I think there's an argument to be made that you are locking in potential future repairs at today's repair prices. While that hasn't always been the case, with inflation lately it has been an advantage.

I would match your driving habits to the best contract for you. If you plan on keeping for 10 years and average 15,000 miles a year a 10 150,0000 plan is probably right for you, if you only drive 10,000 miles then a 10 year 100,000 mile plan makes the most sense. it isn't a one size fits all by any means.
 

RickMachE

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What about the battery warranty? It's only 8 years. And unless they get drastically cheaper, will likely cost more to replace than the car would be worth by then. What role does that play in this conversation?
None, since you cannot extend the warranty on it.

And they will get cheaper, simple economics.

But, since the failure rate is very tiny, based on well over a decade of experience, it is like saying "the glass roof may go up in cost" when they don't break.

I challenge anyone, without instrumentation, to notice any degradation of their batteries over time. We had a hybrid from 2009 to 2018, and a PHEV from 2018 to 2021. We noticed nothing.

It is close to a non-issue.
 

RickMachE

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I hope you're right. I don't know if they are made this way, but I like to think of an EV battery like a hard drive. Ideally, it's made with extra cells (sectors) based on engineering failure data. And when a cell fails, it gets remapped to the remaining good ones.

But let's not say it never happens.

https://www.businessinsider.com/electric-car-battery-models-replaced-most-often-nissan-tesla-2023-3
The publication you cite is, simply put, not credible.

They cite Recurrent, who has major issues in objectivity and accurate information.

The ER has a 98kWh battery, with 91kWh available. Ford can open up that 7kWh at any time. If your battery shows 69% nearing 8 years, per Ford's analysis, they can simply open up some more and you're over 70%.

The 2021 Mach-E was launched with 68 and 88kWh respectively. Ford increased that, with software updates, to 71 and 91kWh.

I consider it a non-issue. A very small fraction of owners will have a degradation issue they notice during their ownership.

Relax, enjoy life.
 

RickMachE

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I agree, relax, and enjoy life, but whether spending money over the 8-year mark makes sense is a valid question. I pointed out before how going above eight years and 100k increases costs exponentially.

https://www.macheforum.com/site/threads/extended-warranty-question.32265/page-3#post-725177
And I pointed out the interpreting the cost of the warranty, set by Ford, as indicative of a higher cost of ownership over 8 years, isn't a valid conclusion.

https://www.macheforum.com/site/threads/extended-warranty-question.32265/post-725181

Do things wear out over time? Yes, just like gas cars. We spend under $600 in maintenance on our 2009 Fusion Hybrid in 9 years of ownership. Would the cost in the following years exceed $600? Very likely. Because we spent almost nothing in 9 years.

The facts are that maintenance of EVs is dramatically lower than gas vehicles.
 

RickMachE

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My bank account.

Extended warranties are house wins. Like a casino. I don't go to casinos, and I don't buy extended warranties.
 

RickMachE

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I go to the casino daily. Sometimes, the player wins big. The wins are sometimes so big that they get taxed. But there's no tax on extended warranty wins. I'm in the buy one if you can afford it camp, especially if you can't afford a big repair bill and not having the car available will jeopardize your livelihood or credit rating.
If you go to a casino daily, then you can afford repairs. In the long run, the house wins on both the casino and extended warranties.

The lottery pays out big also. I don't play that either.

Take care.
 

Zach@granger

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What about the battery warranty? It's only 8 years. And unless they get drastically cheaper, will likely cost more to replace than the car would be worth by then. What role does that play in this conversation?
I don't think any extended warranty has battery coverage right now. I agree with you, it'll likely "total" the vehicle with the battery costing more than the vehicle right now. But we don't know what battery costs will come down to if demand is much lower than expected (which I think we're seeing in the market) and with technology advances. Think about how much more expensive a 48" flat screen tv was 10 years ago than now?

That being said, no warranty company or actuary there has been willing to take the risk to insure those. I'm going to guess that the factory plans (like Ford) will be the first.
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