Recommendation for Extended Warranty

[MavStangVa]

Thanks, my vehicle is only six months old but I'm already thinking of extended coverage when the factory bumper/bumper runs out. I am particularity concerned with computer tech related repairs on this high tech vehicle. Sadly, I just checked the Granger site but their warranty doesn't appear to cover anything computer related; cameras, sensors, infotainment system, software, modules, etc. I even called Granger and they wouldn't specifically say these things are covered. Instead I was referred to the 'Electrical' and 'Hi-Tech' coverage in their plan. 'Electrical' is not Electronic and the 'Hi-Tech' coverage covers things like power accessories, power windows, wiper motors, power door locks, power antennas, etc; things that I don't consider to be Hi-Tech. It does include the instrument cluster but not the Dashpad.

I just checked myself. It also does not cover the exterior auto lock door handles on Lariats. But it does cover the power antennae and brake self adjusters . Premium care 8 years/ 85k miles, 200 deductible $2365. Their site won;t sell me anything less than Premium care.
EDIT: I noticed also HVAC was not listed for premium care but it is for base plan.

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[Sad_Mav]

I just checked myself. It also does not cover the exterior auto lock door handles on Lariats. But it does cover the power antennae and brake self adjusters . Premium care 8 years/ 85k miles, 200 deductible $2365. Their site won;t sell me anything less than Premium care.
EDIT: I noticed also HVAC was not listed for premium care but it is for base plan.

I didn't even notice the absence of A/C coverage. Granger is probably not for me.

 

[bsenecal]

When I bought my Maverick the financing guy at the dealership tried to sell me a warranty from them. I advised that I would be paying cash and not financing so he ws just basically making sure I signed everything correctly. He tried to sell me a warranty there. I mentioned Grainger and he had a funny look and then claimed he'd neve heard of them or their warranties but something tells me he knew who I was talking about. LOL

I am surprised that he didn’t at least try to get your business.
It is amazing how much you can save with the same Ford ESP from Granger and the dealership where you have purchased in some cases numerous new Fords can’t/won’t compete.
Brian

 

[ListedGuru]

I didn't even notice the absence of A/C coverage. Granger is probably not for me.

Flood Ford also sells Ford's Premiumcare warranty. They have a list of what it covers (over 1000 Key Components) and it shows A/C is covered?

https://www.floodfordesp.com/premiumcare.php

 

[pigsareus]

I didn't even notice the absence of A/C coverage. Granger is probably not for me.

Base care is a subset of premium care - premium care just lists out the 'extras' that the lowerer cost plans don't include. So HVAC is covered with basic therefore it's covered by premiumcare. Granger sells the Ford ESP - it's not some separate policy that's unique to them. Here's a xls that shows what's covered

 

[MavStangVa]

Base care is a subset of premium care - premium care just lists out the 'extras' that the lowerer cost plans don't include. So HVAC is covered with basic therefore it's covered by premiumcare. Granger sells the Ford ESP - it's not some separate policy that's unique to them. Here's a xls that shows what's covered

Thank you. That makes more sense than the Granger pages did.

 

[Geo8866]

Also keep in mind, you have a powertrain warranty up to 60K. That covers a lot of the "big stuff."

 

[MakinDoForNow]

It's also worth noting the cost of the warranty is the same regardless of trim. XL, XLT, Lariat are all priced the same (though if you have AWD there's an up-charge). The higher trim trucks have more stuff to break, so it's a bit of a better deal.

Cost are always lower if you get it within the first 12 months of original purchase date. There's no difference in coverage as the start is always based on the first sale date.

The cost of the warranty paid for at time of purchases reduces the amount of money you have to invest during the 3/36 oem warranty period. So you lose that money and if you get T-Boned or Totaled differently then Fail to remember to cancel the extended warranty you will lose the prorated amount up to the cancellation date you remember to cancel or all of it if you never cancel. When to insure or not to insure is always an individual decision. If you haven't totally funded a Roth retirement account perhaps that would be a better use of the money.

 

[pigsareus]

The cost of the warranty paid for at time of purchases reduces the amount of money you have to invest during the 3/36 oem warranty period. So you lose that money and if you get T-Boned or Totaled differently then Fail to remember to cancel the extended warranty you will lose the prorated amount up to the cancellation date you remember to cancel or all of it if you never cancel. When to insure or not to insure is always an individual decision. If you haven't totally funded a Roth retirement account perhaps that would be a better use of the money.

waiting 2-3 years to get in on the warranty when there are bi-annual warranty increases will cost you far more than you'd ever realize with any investment choices. It went from 1300 to 2300 over 2.5 years from '22 to '25, that's a 70 percent increase and you're not gaining that $ via any moderate risk investment choice.

 

[MakinDoForNow]

waiting 2-3 years to get in on the warranty when there are bi-annual warranty increases will cost you far more than you'd ever realize with any investment choices. It went from 1300 to 2300 over 2.5 years from '22 to '25, that's a 70 percent increase and you're not gaining that $ via any moderate risk investment choice.

My alcoa stock I purchased about a year ago for 23.61 closed yesterday at 71.84. Am getting close to selling but waiting due to production constraints and increased demand issues. Not my average though.

 

[pigsareus]

My alcoa stock I purchased about a year ago for 23.61 closed yesterday at 71.84. Am getting close to selling but waiting due to production constraints and increased demand issues. Not my average though.

yep and for every great stock return and many average returns or losers. I own some Bloom Energy stock and it's gone up in one year...1000% percent. But I still bought the extended warranty. You can do both.

 

[CaliMav68]

I would bank/invest all the money/premiums you would otherwise put toward an extended warranty. I'm sure there's exceptions, but we're talking thousands of dollars! On an owned from new vehicle! Keep your money!

 

[gzebrick]

I used to be in the "never get an extended warranty" camp, but there's so much tech in the new cars I consider it a decent risk/reward play. The risk is known and simple.... you buy the warranty and never use it (if you sell the vehicle before the term ends you could possibly recoup some cost by asking a premium though).

The reward is potentially huge if used for any major repair at least once! it more than covers the cost of out-of-warranty repair for some gizmo that's beyond shade tree mechanic work...which is just about everything now. I don't mind putting some 2025/2026 dollars down now that will cover a very expensive repair or two in 7 - 10 years from now. No doubt the cost of parts and labor are just going to keep going up and up and up.

The longer you wait to purchase the extended warranty, the higher the cost. Lowest price is within the first 12 months of ownership, and since the price goes up every 6 months or so, the sooner, the better. Coverage remains the same regardless since it's based on the original first sale date of the vehicle.

 

[Red Eyes - Wide Shut]

I used to be in the "never get an extended warranty" camp, but there's so much tech in the new cars I consider it a decent risk/reward play. The risk is known and simple.... you buy the warranty and never use it (if you sell the vehicle before the term ends you could possibly recoup some cost by asking a premium though).

The reward is potentially huge if used for any major repair at least once! it more than covers the cost of out-of-warranty repair for some gizmo that's beyond shade tree mechanic work...which is just about everything now. I don't mind putting some 2025/2026 dollars down now that will cover a very expensive repair or two in 7 - 10 years from now. No doubt the cost of parts and labor are just going to keep going up and up and up.

The longer you wait to purchase the extended warranty, the higher the cost. Lowest price is within the first 12 months of ownership, and since the price goes up every 6 months or so, the sooner, the better. Coverage remains the same regardless since it's based on the original first sale date of the vehicle.

With so many problems and recalls the past couple of years, I wouldn't have bought a Maverick without one. My first ever back up warranty on my first Ford in over Forty years

 

[Joker05]

Granger is the go-to. Get a real Ford warranty, not an off brand. Consider the lighting rider to cover those $1000 headlights. Pick your miles,years and deductible to suite your needs.
https://www.grangerfordprotect.com/

Hey gzebrick, I wanted to say thank you for the info on buying this via granger! You saved me a ton of money, sure do appreciate it!

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