Extended warranty worth buying?

alexgorod

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I used to buy them, for peace of mind, then decided that I can have it (peace of mind) without spending extra money. But with this first-year, new technology vehicle, and after reading this forum for a while, I am not so sure.

I don't even know how much it costs or what and for how long it covers, but now I'm thinking...

I have to much time while waiting for my Mach-E :rolleyes:
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Mach E JT

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Short answer: No.

Long answer: Absolutely not.

Longer answer: There is a reason the margin is YUUUUGE on extended warranties. They are not your friend. Don't do it. Sell the vehicle after 3-4 years if it is that big of a concern.
 

Chuck

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I bought the extended warranty. But not from my dealer at retail. They wanted over $3,000 for an 8 year 100,000 mile bumper to bumper warranty. I got mine online from Lombard Ford for about $1,600 which includes a free replacement fob once per year.

The key to extended warranty, if you get one, is to not pay retail.
 

vinny2487

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I used to buy them, for peace of mind, then decided that I can have it (peace of mind) without spending extra money. But with this first-year, new technology vehicle, and after reading this forum for a while, I am not so sure.

I don't even know how much it costs or what and for how long it covers, but now I'm thinking...

I have to much time while waiting for my Mach-E :rolleyes:
I'm usually adamant against getting extended warranties because I view them as a waste of money. But considering this is a first year EV model, I thought it would be prudent to spend a little extra for peace of mind.

I suggest you check out these websites. They are always cheaper than what's offered at the dealership, and they're genuine extended warranties backed by Ford.

https://www.lombardfordwarrantys.com/

https://www.zeiglerfordesp.com/default.aspx

You can always get quotes from these websites and ask the dealer to match. I got Zeigler and the dealer wouldn't even come close to the price Zeigler was offering.
 

JohnnyForensic

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Yeah, if you’re going to do it (I did), compare prices online at Flood Ford, Lombard Ford, and Ziegler Ford (which I used). You can buy the warranty from any Ford dealer; it doesn’t have to be yours. My purchase dealer couldn’t even get within $800 of the price that Ziegler gave me (Ziegler was the lowest of the three mentioned here for my combination using the code PAYINFULL).

Given the issues we’ve been seeing with some early units, and given that it’s a first model year car, I think it’s kind of prudent, especially if you’re going to be doing a lot of driving. That’s a personal decision though, as the math on extended warranties doesn’t always work out as mentioned above.
 

MachTee

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Given that Ford's warranty is only 36mos/36k miles, and I already put more than 8k miles on my car in 4mos, I too am seriously considering it. This is the pricing table from Flood Ford on the Mach-E. I'll probably go for the 8yr/100k with $100 deductible for $1195.

Ford ESP.JPG
 

Mach-Tony

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I got the 7yr/100k for $825 from Ziegler after PAYINFULL, then I used my fordpass points to get that down to $715. It's a $200 deductible, which some people don't like, but that's fine with me because any repair that I'll need should be a lot more that that.
 

RickMachE

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Given that Ford's warranty is only 36mos/36k miles, and I already put more than 8k miles on my car in 4mos, I too am seriously considering it.
Actually, the more important part of the warranty, IMO, is the Electric Vehicle Component Coverage of 8 years / 100,000 miles, with 70% of battery life guaranteed. Coupled with the Powertrain coverage of 5 years / 60,000 miles. The bumper to bumper warranty isn't really a concern of mine.
 

Mach-Tony

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Actually, the more important part of the warranty, IMO, is the Electric Vehicle Component Coverage of 8 years / 100,000 miles, with 70% of battery life guaranteed. Coupled with the Powertrain coverage of 5 years / 60,000 miles. The bumper to bumper warranty isn't really a concern of mine.
I'm more worried about all of the electrical systems. Powertrain could be pretty limited to just the basic components. There's too many electronically controlled components these days for me to think that I will be okay with just a powertrain warranty. It's a small price to pay for piece of mind, in my opinion.
 
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alexgorod

alexgorod

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SpaceEVDriver

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We just invest the money we would otherwise have paid into any kind of warranty. On all purchases. For vehicles, we've been doing this since the first new vehicle we purchased in 1995. We have never regretted not purchasing an extended warranty.
 

dhoerl

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Does it include the cooling system with all these hoses and connectors that Munro liked so much?
The Ford manager claimed the hoses were over-engineered - ie more expensive than necessary. That implies they should last longer than ones that will most likely replace them in the future.
 
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