I bought the Ford Premium Plan from Granger. Not even close to $4000. Ten years and 100,000 miles. So yes, I really am just getting an additional seven years and 64,000 miles for items other than powertrain, but even there I am getting another five years and 50,000 miles. It is well worth it to me for the piece of mind. What with $1000 headlights, and all the computers and electrical things that could go haywire it is comforting to know I'm covered. To each his own I guess.Read the fine print bud.
ALL these warranties start from brand new & 1st miles.
It is not 3 year & 36k miles starting when you pay for the warranty!!
You already get a 3 year 36k mile bumper to bumper (non-wear items) factory warranty from Ford, thats the reason its quoted so cheap you're just giving the warranty company free money, if theres a problem in 3 years 36k miles the warranty firm will just be reimbursed by Ford.
Same with buying a 5 year 60k mile powertrain warranty, you ALREADY have a 5 year 60k mile powertrain warranty from Ford.
The ONLY warranties that make ANY sense are the max year & max miles warranties, when you pay $4000 for a 7 year 100k mile warranty, you are actually only paying for an additional 7-5=2 year & 100k-60k=40k mile powertrain warranty
& stuff like suspension parts & electrical 7-3=4 year or 100k-36k=64k miles extra coverage.
The electrical here is only extra for ecoboost,
The hybrids electrical system, motor-generator, 460vdc traction battery, inverters, 12VDC dc-dc converter fed by the traction battery, is Ford warrantied for 8 years 100k miles so guess what you get extra buying a 7year 100k mile warranty for a hybrid electric powettrain?
Zero zilch, giving free money to a warranty firm who then is reimbursed by Ford.
THATs why warranty costs skyrocket for more than 7 years 100k miles because those may have expenses the warranty firm will need to actually pay for - but if they can sell a bunch of "super deals on 3 year 36k warranties" thats guaranteed 100% pure profit for the warranty firm, even if your vehicle blows up tomorrow
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