Does a Ford Premium Maintenance Plan pay for itself?

[Big Kahuna]

Flood Ford 8 year / 125K 13 visits included

$1910

https://fordprotect.ford.com/premium-maintenance-plan

I've only seen some service intervals but I'm basing the ones below on Ford Escape info.

Below are my made up estimates of what services might cost at a dealer (they might be higher or lower depending on the dealer) -

Oil change (fluid/filter) (every 10K) $60 x 12 = $720
Engine Air Filter (every 30K) $20 x 4 = $80
Cabin Air Filter (every 20K) $20 x 6 = $120
Brake Fluid Flush (every 3 years) $100 x 3 = $300
Brake Pads (every 3 years) $250 x 2 = $500
Spark Plugs (every 100K) $200 x 1 = $200
Wiper Blades (every 2 years) 4 x $30 = $120

Drive Belts (same as coolant 150K) = $0 (period expires before needed)
Coolant fluid flush (every 200K) = NOT COVERED
Transmission fluid flush (every 150K) = NOT COVERED

Total Costs = $2,040

Now this could be higher if you need brakes replaced more often and if general costs go higher. For example a $60 oil change now might be $80 in 5 years.

I'm guessing the plan covers things that wear out prior to a service interval but I have some questions? For instance if your belt looks very worn and requires replacement at 100K will it be covered by the plan as it's shown in the coverage.

Items included in coverage -

• Engine oil and filter changes
• Multi-point inspections
• Tire rotations
• Brake pads and linings
• Shock absorbers/struts
• Spark plugs
• Clutch discs
• Engine belts
• Engine coolant hoses, clamps and o-ring seals
• Wiper blades

I don't think I'd get this plan myself but I think these plans are interesting as you can calculate the value better than a warranty plan.

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[MLowe05]

No, it doesn't. That's why they sell it. Even in your example you barely clear break even, and this assumes you don't finance it in and pay interest on the $1,910.

Also, particularly with the hybrids, the likelihood of brake replacement every 3 years is really low. Driven efficiently, it's not only possible but very reasonable to think the hybrid will not even need 1 set of brakes in 125k miles.

Do not buy this stuff. It is a profit generator.

 

[Big Kahuna]

No, it doesn't. That's why they sell it. Even in your example you barely clear break even, and this assumes you don't finance it in and pay interest on the $1,910.

Also, particularly with the hybrids, the likelihood of brake replacement every 3 years is really low. Driven efficiently, it's not only possible but very reasonable to think the hybrid will not even need 1 set of brakes in 125k miles.

Do not buy this stuff. It is a profit generator.

Yes it's a MAYBE break even scenario for the most part. Totally agree if you remove any of these things such as brakes you lose.

The only possible win might be if costs go up on parts or labor, it's possible then if you buy now that 3-4 years from now some of the maintenance might be more expensive but since it's not far off from actual costs probably better to skip it unless some dealer offers it to you for $1K.

 

[Mymaverick2021]

Flood Ford 8 year / 125K 13 visits included

$1910

https://fordprotect.ford.com/premium-maintenance-plan

I've only seen some service intervals but I'm basing the ones below on Ford Escape info.

Below are my made up estimates of what services might cost at a dealer (they might be higher or lower depending on the dealer) -

Oil change (fluid/filter) (every 10K) $60 x 12 = $720
Engine Air Filter (every 30K) $20 x 4 = $80
Cabin Air Filter (every 20K) $20 x 6 = $120
Brake Fluid Flush (every 3 years) $100 x 3 = $300
Brake Pads (every 3 years) $250 x 2 = $500
Spark Plugs (every 100K) $200 x 1 = $200
Wiper Blades (every 2 years) 4 x $30 = $120

Drive Belts (same as coolant 150K) = $0 (period expires before needed)
Coolant fluid flush (every 200K) = NOT COVERED
Transmission fluid flush (every 150K) = NOT COVERED

Total Costs = $2,040

Now this could be higher if you need brakes replaced more often and if general costs go higher. For example a $60 oil change now might be $80 in 5 years.

I'm guessing the plan covers things that wear out prior to a service interval but I have some questions? For instance if your belt looks very worn and requires replacement at 100K will it be covered by the plan as it's shown in the coverage.

Items included in coverage -

• Engine oil and filter changes
• Multi-point inspections
• Tire rotations
• Brake pads and linings
• Shock absorbers/struts
• Spark plugs
• Clutch discs
• Engine belts
• Engine coolant hoses, clamps and o-ring seals
• Wiper blades

I don't think I'd get this plan myself but I think these plans are interesting as you can calculate the value better than a warranty plan.

Do it yourself and save

 

[MLowe05]

Yeah if/when my Maverick needs brakes, the dealer would be my last resort. Too easy and cheap.. I have a couple of very trustworthy independent mechanics that have worked on my Porsche, Benz, Genesis.. I think they can handle the Maverick.

 

[RonFLA]

When it comes to dealer recommend options and services, the most appropriate response should be: “No, Thank You!”

 

[Big Kahuna]

When it comes to dealer recommend options and services, the most appropriate response should be: “No, Thank You!”

Yeah I always love it when I've replaced my brakes myself 3-4 months earlier and I'm getting an oil change and the person says - the mechanics noticed that you may be due for brakes soon - uh I don't think so

I do everything I can that isn't too messy these days. Brakes, calipers, wheel bearings, differential fluid, etc. There are a few things I let the dealer do including oil changes, coolant flush, and transmission fluid. Mostly just because I hate dealing with getting rid of the fluids afterwards.

 

[Timbuktu]

It all depends on your particular vehicle & regular maintenance costs. I purchased one for my Mav XLT Hybrid because the first oil change I had done (oil change only) cost me $110 because it was full synthetic. I about had a stroke when they told me how much. I got the maintenance plan from Granger shortly after (they’re cheaper on these than Flood) for 10yr/75k miles (10 visits) for $1560, full synthetic option. I figured just the regular oil changes alone plus tire rotations are gonna cost me about what I paid for the plan, and anything else like filters, brakes, belts, etc. will just be free extras. Plus I’m price locked from inflation, supply chain disruptions, etc. Although I will agree with the previous post that I doubt I’ll have to replace the brakes on a hybrid within the time/mileage limits.

 

[Deleted member 5597]

I don’t ever buy any maintenance plan nor extended warranties. They are a big profit maker for the dealership and people in the business office writing contracts.

If you buy and finance a maintenance or warranty, you’re paying taxes and interest on that extra amount. And chances are 99% that you won’t ever use them.

 

[Suzukiridr14]

Yeah if/when my Maverick needs brakes, the dealer would be my last resort. Too easy and cheap.. I have a couple of very trustworthy independent mechanics that have worked on my Porsche, Benz, Genesis.. I think they can handle the Maverick.

I agree with you 100%, todays brake jobs are easy to do. Replacing the disc, and brake pads compaired to doing brake drums, and shoes. With drums and shoes you had to cut the drums, and sand the shoes to fit. (If you did it correctly), then adjust them. Today it's remove and replace, step on the brake pedal 1 or 2 times, then check the brake fluid!

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