Ford Extended Warranty Plan Analysis (Cost-Per-Mile Comparison)

[BroncoWTFAN]

I went with the 100,000 for 8 years from @Granger Ford , while I do low milage now anything can change in life. My fear is that my commute or daily travel plans change and annual mileage is greater. 8 years is a long time and would be the longest that I have owned a vehicle, so that was my analysis of what to procure. I also used my Ford points towards the purchase to lower the cost. I figured I would apply that to my budget allowing for a longer period of time and or miles.

@Granger Ford cost + $50, can't beat it.

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[Chrome_Pony]

I colored it for slightly more intuitive number breaks. Now you can compare plan cost structure to per mile.

EDIT: added the cost table above to be on the same page.

MILES/YEARS	3	4	5	6	7	8	9	10
36,000	-	$380	$410	$435	$525	$600	$685	$785
48,000	$475	$505	$530	$590	$745	$850	$975	$1,120
60,000	$550	$585	$620	$695	$895	$1,030	$1,185	$1,365
75,000	$720	$780	$840	$955	$1,275	$1,470	$1,695	$1,955
85,000	$940	$1,010	$1,085	$1,230	$1,480	$1,700	$1,950	$2,240
100,000	$1,070	$1,110	$1,165	$1,275	$1,420	$1,640	$1,900	$2,200
125,000	$1,410	$1,460	$1,540	$1,690	$2,020	$2,340	$2,710	$3,140
150,000	$2,105	$2,180	$2,295	$2,520	$3,020	$3,500	$4,055	$4,695
175,000	$2,510	$2,600	$2,740	$3,015	$3,615	$4,195	$4,865	$5,635

 

[mx6bfast]

we plan on keeping ours for a long time, so we went 10/125k. also got dent, tire, and premium care with granger. ended up saving $2800 with those compared to my dealer, and they only offered max 6/125k.

 

[MayhemMike]

Have purchased extended warranties on four previous Fords. Never used them on the first three. Just used one this week. Doing the rough math, I have spent $4-4.5K on warranties that didn’t get used. Still have the vehicles. Did not purchase one on my Bronco. Being retired the years would expire well before any mileage limit.

 

[2fast4u]

Can you guys work the Numbers as well on the Ford Premium Maintenance. They said they can do the same Deal $50 over Cost on that plan.

I would love to see the break down numbers.

 

[604Bronco]

 

[vzqhsg]

My car just arrived at @Granger Ford and now I need to decide which warranty I should go with, if any.

This is only for the PREMIUM CARE ESP WITH $100 deductible as of 3/22/23.

I did a cost per mile analysis for each option in the table to find out what would be the best bang for the buck. I hope this will help others make an informed decision.

MILES/YEARS	3	4	5	6	7	8	9	10
36,000	-	$380	$410	$435	$525	$600	$685	$785
48,000	$475	$505	$530	$590	$745	$850	$975	$1,120
60,000	$550	$585	$620	$695	$895	$1,030	$1,185	$1,365
75,000	$720	$780	$840	$955	$1,275	$1,470	$1,695	$1,955
85,000	$940	$1,010	$1,085	$1,230	$1,480	$1,700	$1,950	$2,240
100,000	$1,070	$1,110	$1,165	$1,275	$1,420	$1,640	$1,900	$2,200
125,000	$1,410	$1,460	$1,540	$1,690	$2,020	$2,340	$2,710	$3,140
150,000	$2,105	$2,180	$2,295	$2,520	$3,020	$3,500	$4,055	$4,695
175,000	$2,510	$2,600	$2,740	$3,015	$3,615	$4,195	$4,865	$5,635

Here's a breakdown of the cost per mile for each option, calculated as (Price / (Miles * Years)):

Considering that most modern cars are built to last at least 100,000 miles without significant issues, it's reasonable to assume that the probability of encountering problems increases beyond the 100,000-mile mark. With that in mind, I chose a plan that offers coverage up to the 100,000-mile range.
Looking back at the cost per mile breakdown, the following options are close to the 100,000-mile range:

1. 60,000 miles / 6 years: $0.0019 per mile
2. 75,000 miles / 7 years: $0.0030 per mile
3. 85,000 miles / 7 years: $0.0029 per mile
4. 100,000 miles / 7 years: $0.0020 per mile

From these options, the 100,000 miles / 7 years plan stands out with a cost per mile of $0.0020, which is only slightly higher than the best overall cost per mile (60,000 miles / 6 years at $0.0019 per mile). This plan provides a good balance between coverage and cost, making it the best option when considering the potential for car issues beyond the 100,000-mile mark.

I hope this helps others in selecting which warranty to chose.

Is there a selection on the dash that you can track this to know when you break even or start to go in the hole? So bottom line it don't matter!!

 

[TigerBronco]

My car just arrived at @Granger Ford and now I need to decide which warranty I should go with, if any.

This is only for the PREMIUM CARE ESP WITH $100 deductible as of 3/22/23.

I did a cost per mile analysis for each option in the table to find out what would be the best bang for the buck. I hope this will help others make an informed decision.

MILES/YEARS	3	4	5	6	7	8	9	10
36,000	-	$380	$410	$435	$525	$600	$685	$785
48,000	$475	$505	$530	$590	$745	$850	$975	$1,120
60,000	$550	$585	$620	$695	$895	$1,030	$1,185	$1,365
75,000	$720	$780	$840	$955	$1,275	$1,470	$1,695	$1,955
85,000	$940	$1,010	$1,085	$1,230	$1,480	$1,700	$1,950	$2,240
100,000	$1,070	$1,110	$1,165	$1,275	$1,420	$1,640	$1,900	$2,200
125,000	$1,410	$1,460	$1,540	$1,690	$2,020	$2,340	$2,710	$3,140
150,000	$2,105	$2,180	$2,295	$2,520	$3,020	$3,500	$4,055	$4,695
175,000	$2,510	$2,600	$2,740	$3,015	$3,615	$4,195	$4,865	$5,635

Here's a breakdown of the cost per mile for each option, calculated as (Price / (Miles * Years)):

Considering that most modern cars are built to last at least 100,000 miles without significant issues, it's reasonable to assume that the probability of encountering problems increases beyond the 100,000-mile mark. With that in mind, I chose a plan that offers coverage up to the 100,000-mile range.
Looking back at the cost per mile breakdown, the following options are close to the 100,000-mile range:

1. 60,000 miles / 6 years: $0.0019 per mile
2. 75,000 miles / 7 years: $0.0030 per mile
3. 85,000 miles / 7 years: $0.0029 per mile
4. 100,000 miles / 7 years: $0.0020 per mile

From these options, the 100,000 miles / 7 years plan stands out with a cost per mile of $0.0020, which is only slightly higher than the best overall cost per mile (60,000 miles / 6 years at $0.0019 per mile). This plan provides a good balance between coverage and cost, making it the best option when considering the potential for car issues beyond the 100,000-mile mark.

I hope this helps others in selecting which warranty to chose.

7 year, 100K is what I went for. Bought through @Granger Ford (didn't get the truck there) and got a great deal!

 

[grayshadow]

Planning to get whatever my FordRewards will get Jan 2024. Currently at 195,000 points. We travel full time and put everything on the Ford credit card and earn about 10,000 a month.

 

[smonroe11]

I’ve never purchased an extended warranty. Stupid question…the 10 yr/100,000 miles includes the 3 yr/36,000 limited warranty? So you really are only getting 7 years/64,000 miles???

 

[BroncoWTFAN]

I’ve never purchased an extended warranty. Stupid question…the 10 yr/100,000 miles includes the 3 yr/36,000 limited warranty? So you really are only getting 7 years/64,000 miles???

Yes but I’m sure Ford factored that into the cost. One is simply buying an extension of the original.

 

[RC Bronco]

I’m about to cross the 12k mile mark and still undecided on whether or not to get extended warranty. This breakdown is great

 

[sergk]

I'd take 125k/6y.

 

[MayhemMike]

BTW, read the fine print on these warranties. They will cover the coolant system as long as it is a hose, clamp or belt, but water pumps are not included.

Water pumps are included . Dealer had incorrect warranty mileage for the coverage. All better now.

 

[tongsun3717]

My car just arrived at @Granger Ford and now I need to decide which warranty I should go with, if any.

This is only for the PREMIUM CARE ESP WITH $100 deductible as of 3/22/23.

I did a cost per mile analysis for each option in the table to find out what would be the best bang for the buck. I hope this will help others make an informed decision.

MILES/YEARS	3	4	5	6	7	8	9	10
36,000	-	$380	$410	$435	$525	$600	$685	$785
48,000	$475	$505	$530	$590	$745	$850	$975	$1,120
60,000	$550	$585	$620	$695	$895	$1,030	$1,185	$1,365
75,000	$720	$780	$840	$955	$1,275	$1,470	$1,695	$1,955
85,000	$940	$1,010	$1,085	$1,230	$1,480	$1,700	$1,950	$2,240
100,000	$1,070	$1,110	$1,165	$1,275	$1,420	$1,640	$1,900	$2,200
125,000	$1,410	$1,460	$1,540	$1,690	$2,020	$2,340	$2,710	$3,140
150,000	$2,105	$2,180	$2,295	$2,520	$3,020	$3,500	$4,055	$4,695
175,000	$2,510	$2,600	$2,740	$3,015	$3,615	$4,195	$4,865	$5,635

Here's a breakdown of the cost per mile for each option, calculated as (Price / (Miles * Years)):

Considering that most modern cars are built to last at least 100,000 miles without significant issues, it's reasonable to assume that the probability of encountering problems increases beyond the 100,000-mile mark. With that in mind, I chose a plan that offers coverage up to the 100,000-mile range.
Looking back at the cost per mile breakdown, the following options are close to the 100,000-mile range:

1. 60,000 miles / 6 years: $0.0019 per mile
2. 75,000 miles / 7 years: $0.0030 per mile
3. 85,000 miles / 7 years: $0.0029 per mile
4. 100,000 miles / 7 years: $0.0020 per mile

From these options, the 100,000 miles / 7 years plan stands out with a cost per mile of $0.0020, which is only slightly higher than the best overall cost per mile (60,000 miles / 6 years at $0.0019 per mile). This plan provides a good balance between coverage and cost, making it the best option when considering the potential for car issues beyond the 100,000-mile mark.

I hope this helps others in selecting which warranty to chose.

Who can buy these? From where?

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