The cost of an extended warranty on a new Ford depends on the type of coverage you choose, your vehicle model, and the dealership you purchase from. Ford offers a wide range of extended warranty plans, including Ford Protect Extended Service Plans, Ford Protect Prepaid Maintenance Plans, and Ford Protect Tire & Wheel plans.
Depending on the coverage you select, prices can range from a few hundred dollars to thousands of dollars. It is a good idea to research the different plans available and compare prices to find the best deal for your particular needs.
Additionally, it is important to remember that extended warranties on new Ford vehicles may include some deductible costs. It is also a good idea to ask your dealer if there are any additional discounts that may be available.
Table of Contents
How much are Ford extended warranties?
The cost of a Ford extended warranty, officially known as Ford Protect Extended Service Plan, or ESP, is based on the type of plan, your vehicle’s model year, and other factors such as mileage and engine size.
Generally, extended warranties tend to cost between $700 and $2,100 but could be as high as $4,000 or more for certain models. Ford offers a variety of plans that range from Basic coverage to PremiumCARE and PremiumCARE+.
The cost of each plan may vary depending on vehicle make and model. However, you can inquire with your Ford dealer on the cost of each plan.
Ford ESP plans cover a range of repairs, such as mechanical and electrical components. Many also provide coverage for repairs such as paintless dent repair, towing services, and rental car reimbursement.
The cost of plans will include labor, diagnostic fees, parts, and any taxes applicable.
It is important to note that the extended warranties are administered through Ford Motor Company and are available only through the Ford dealerships. Some dealers may be willing to offer additional discounts to those purchasing warranties.
Additionally, it may be possible for warranties to be transferred with the sale of the vehicle. Speak to your dealer for full details on the coverage offered and cost.
Is it worth getting a Ford extended warranty?
Whether or not it is worth getting an extended Ford warranty depends on a variety of factors, including your budget, the age and condition of your car, and the type of coverage your plan offers. Generally, extended warranties can provide peace of mind and financial protection in the event of costly repairs.
Of particular importance is whether your existing warranty has expired and what types of components are covered under the warranty. An extended Ford warranty may also cover certain wear-and-tear items, such as brakes and spark plugs, that are not covered under the standard warranty.
In addition, the cost of the extended warranty should play an important role in your decision. Depending on the term of coverage and the types of repairs covered, an extended Ford warranty can cost anywhere from several hundred to several thousand dollars.
Compare different extended warranties to select the coverage and term that best fit your needs and budget.
Ultimately, whether or not an extended Ford warranty is worth the cost is based on your individual needs and circumstances. Weigh the cost benefits, coverage options, and other factors to determine if an extended warranty is a worthwhile investment for you.
Can I buy Ford extended warranty after purchase?
Yes, you can buy a Ford extended warranty after purchase. Ford Motor Company offers multiple extended warranty plans, so it’s easy to find one that will meet your needs and budget. Typically, these plans offer additional coverage once your manufacturer’s warranty has expired, so you can keep your vehicle covered for up to 10 years or 120,000 miles.
These Ford extended warranty plans cover major systems, including the engine, transmission, brakes, electrical, and more. You can purchase a plan for a new or used Ford vehicle, or even for a Ford vehicle you purchased from another owner.
If you plan on going this route, you should consider buying a Ford extended warranty plan as soon as possible after you buy your vehicle. That’s because plans purchased later often don’t cover pre-existing conditions.
You can also check third-party providers for extended warranties as well; however, keep in mind that not all warranties offered by third-party providers are authorized by Ford Motor Company.
Do dealerships make money on extended warranties?
Yes, dealerships can make money on extended warranties. Most dealerships partner with warranty companies, known as third-party administrators, to offer extended warranties. These third-party administrators charge the dealer a fee and then the dealer passes that cost on to the customer.
So, when a customer buys an extended warranty, the dealership is essentially charging a mark-up for the service. In addition, most dealerships will also offer the customer extras such as coupon booklets or oil changes.
These extras also increase the amount of money the dealership makes from the extended warranty sale. Additionally, many extended warranty contracts include extra services such as roadside assistance and towing, allowing the dealership to charge customers for these services.
This also adds to the money the dealership makes on the sale of the extended warranty.
Do extended warranties start after factory warranty?
Yes, extended warranties typically start after the manufacturer’s warranty expires. This is because an extended warranty is designed to extend the coverage offered by the manufacturer at a longer coverage period.
The extended warranty coverage is also typically for different items than the manufacturer’s warranty, giving customers more protections than what is offered by the manufacturer’s warranty alone. Most extended warranties offer coverage for mechanical or electrical breakdowns from normal use, but not from misuse or neglect.
They may also offer rental or loaner coverage or extended free service protection. These extended warranties usually don’t include cosmetic damage, wear and tear items, or accidental damage. To ensure you are getting the best coverage, you should evaluate the details of the extended warranty before making a purchase.
How much is Ford Protect for an F150?
The cost of Ford Protect for an F150 will depend on the specific model, year, and type of coverage that you’re looking for. Generally, coverage can range from $150 to $1,000 and beyond depending on the specifics of your coverage needs.
Ford Protect can cover areas such as extended powertrain coverage, prepaid maintenance, and roadside assistance. Some packages also provide additional coverage for items such as air conditioning, brakes and electrical systems.
Knowing the exact model and year of your F150 will help you determine the specifics of which type of coverage you need, and the associated cost.
Is it worth it to get vehicle protection plan?
Whether or not it’s worth it to get a vehicle protection plan depends on several factors. It could provide peace of mind knowing that any unexpected repairs covered in the plan will be taken care of.
However, if your vehicle is relatively new, your warranty may already cover many of the issues that are covered in the protection plan. Additionally, if you are comfortable with tackling minor repairs and maintenance tasks yourself, it may not be necessary to invest in a vehicle protection plan.
It can be helpful to research the company that is offering the protection plan and ensure they are reputable and have good reviews. You should also compare the coverage offered by the protection plan and deductibles to see if it is something that makes sense for you and your vehicle.
If you decide to go ahead with the plan, make sure to read the fine print so you understand all of the details, including the exclusions.
Ultimately, it’s important for you to weigh the cost of the protection plan and any deductibles with the anticipated repair costs in order to determine if it is worth it for your personal situation.
How much is Ford maintenance protection plan?
The cost of a Ford maintenance protection plan likely varies depending on the dealership you purchase it from, type of plan, and type of vehicle you own.
The pricing for a plan may include several factors such as the type of coverage chosen for the vehicle, the term length for the coverage, and the age and mileage of the vehicle. It is also important to consider the type of vehicle you own and what maintenance needs to be covered.
For example, Ford’s comprehensive maintenance plan for vehicles 2019 and newer may range from $499 to $899 depending on the vehicle. This coverage includes roadside assistance, no-charge maintenance, oil changes, regular maintenance visits and other services for up to 4 years or 48,000 miles (whichever comes first).
Alternatively, Ford’s Powertrain Care plan for vehicles 2017 and newer may range from $295 to $1195 depending on what type of vehicle you have and may cover a range of services such as towing, wear and tear repairs, engine repairs and other parts covered up to 8 years or 125,000 miles.
In order to receive more information on the cost of a Ford maintenance protection plan, we recommend you contact your authorized Ford dealer in order to receive a personalized quote and learn more about their specific maintenance packages.
Are car warranties from the dealership worth it?
Whether or not a car warranty from a dealership is worth it depends on a variety of factors, including the type of warranty offered, the cost of the warranty, and the value of the services provided. If you’re considering a warranty from a dealership, it’s important to read the agreement thoroughly before making a decision.
Dealer warranties can be a great way to ensure that you’re covered from the unexpected costs associated with owning a car. In many cases, these warranties can provide peace of mind and will cover you for repairs that can be expensive and difficult to handle on your own.
However, it’s important to note that these warranties may not cover everything and could come with certain restrictions and limitations that you should be aware of.
In addition, the cost of a dealer warranty can be expensive, so it’s important to shop around to get the best deal. Be sure to compare the costs versus the value of the services they are offering, as this can make all the difference.
You should also research the company offering the warranty to make sure you’re dealing with a reputable dealership.
In the end, to determine whether or not a car warranty from the dealership is worth it, it depends on your specific needs and situation. Carefully consider the type of warranty you’re looking for, the cost of the warranty, and the value of the services that are included in the agreement.
Shop around and do your research to find a warranty that provides you with the coverage and value you require.
Are extended warranties on cars a waste of money?
No, extended warranties on cars are not a waste of money. An extended warranty can provide peace of mind that the car will be covered even after the manufacturer’s warranty period has expired. This can provide protection against the cost of repairs, which can be costly if they are not covered.
In addition, extended warranties can often cover unexpected issues that are not covered under the manufacturer’s warranty, such as mechanical breakdowns and damage caused by poor maintenance. Furthermore, these warranties often include other benefits, such as roadside assistance and car rental reimbursement.
These can provide added value that a manufacturer warranty does not include. Ultimately, whether or not an extended warranty is worth it can depend on how long you plan on keeping the car and where you purchase the warranty.
For example, warranties purchased from the dealership may be more expensive than warranties purchased directly from the manufacturer. However, extended warranties can help to ensure that repair costs are covered and provide the peace of mind that the car is protected in the event of unexpected repairs.
Are there better plans than CarShield?
It depends on a person’s individual needs and budget. CarShield may be a good choice for some, but there are other plans out there that may be better. For example, some plans offer coverage for both mechanical and electrical breakdowns, which could be beneficial for those who are concerned about either type of issue.
Additionally, some plans offer towing, rental car, and roadside assistance benefits, which may not be included in a CarShield plan.
Furthermore, some plans offer a lower deductible than CarShield. Plans may also extend the length of coverage for a longer period of time, giving drivers the peace of mind that their car is covered for more years.
Lastly, some plans may provide enhanced coverage that CarShield does not offer such as coverage for emergency engine repairs.
Researching different plans can help a driver find one that best meets their needs and budget. Comparing coverage, cost, and customer service should be taken into account before selecting a plan.
What are the reasons you don’t need to buy an extended warranty?
The primary reasons you don’t need to buy an extended warranty is because the majority of manufacturers already provide a factory warranty. This warranty covers most repairs that would be covered under an extended warranty, and so purchasing an additional extended warranty provides you with a level of protection which you may not need.
Additionally, extended warranties are expensive and can cost hundreds of dollars, so it can be a waste of money to purchase for a product that will already be protected under the manufacturer’s original warranty.
In addition, many other products, such as home electronics, are designed to last longer than the manufacturer’s warranty period. In this case, there would be no need to purchase an extended warranty, since most products are designed to last longer than the original warranty period.
Finally, many products, including home electronics, may be covered under other forms of protection, such as insurance or home warranties. In this case, purchasing an extended warranty could be considered redundant since you would already have some level of protection.
For these reasons, it may not be necessary to purchase an extended warranty. Evaluating your particular situation can help you determine if an extended warranty would be beneficial for your needs.
Is 7 year extended warranty worth it?
Whether or not a 7 year extended warranty is worth it will depend on a variety of factors, including the price of the extended warranty, the total cost of repairs covered under the warranty, and the cost of repairs outside of the warranty.
If the extended warranty carries a significant cost, it may be worthwhile to first compare quotes for the repairs that would be covered by the warranty. Additionally, research should be done on the reliability of the product.
If the item is known to have few issues or repairs, the extended warranty may not be necessary. Finally, it should be considered if the failure of the item could be catastrophic and the cost of repairs or replacements significantly more than the cost of the warranty.
Overall, the cost of the extended warranty should be weighed against the potential cost of repairs or replacements beyond the expiration of the standard warranty period.
