Question #12: Flood Ford ESP; When to buy?

So I'm reviewing the ESP offered by Ford through Flood. And have a few questions.

1) Are they still the best price option?
2) Why would anyone buy at inception when it will be the same price up to it's 1 year Bday? Only thing I can see is they could include in the financing.
3) If I understand correctly, this won't kick in until the 3/36 expires?
4) Does the 3/36 cover as much as the Flood Premium Maintenance plan?


https://www.floodfordesp.com/esp_pl...2=0&Surcharge5=0&Surcharge3=0&Submit=Continue

I bet Flood ford would have the best answers for you.

Flood Ford Protect Sales

21 Woodruff Ave.
Narragansett, RI 02882

Phone: (888)318-8534
Fax: (888)318-8534

never......extended warrenties are a suckers bet

Antho said:

I bet Flood ford would have the best answers for you.

Flood Ford Protect Sales

21 Woodruff Ave.
Narragansett, RI 02882

Phone: (888)318-8534
Fax: (888)318-8534

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If the answers to questions were that easy I'd never have to make any threads. Hey, wait a minute.

goblues38 said:

never......extended warrenties are a suckers bet

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So the $2400 we spent on a Chrysler Max Care warranty that covered >$42,000 in repairs was ill purchased?

911 Crazy said:

So the $2400 we spent on a Chrysler Max care warranty that covered >$42,000 in repairs was ill purchased?

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Yeah, but you're buying a Ford, not a Chrysler.

1) Are they still the best price option? Yes, unless you can get your dealership to go lower. Also, check out Ziegler - they have great prices as well.
2) Why would anyone buy at inception when it will be the same price up to it's 1 year Bday? Only thing I can see is they could include in the financing. I'm not sure why anyone would, except to be able to finance it into their monthly payment.
3) If I understand correctly, this won't kick in until the 3/36 expires? Correct.
4) Does the 3/36 cover as much as the Flood Premium Maintenance plan? The 3/36 Ford warranty doesn't provide any routine maintenance items - the Premium Maintenance is a completely different product. Or am I reading your questing wrong?

I’ll be buying it, $2350 with $50 deductible for the 8/125 is cheap insurance. Between the shocks and all the electronics on the 802A there is lots of shit to break. I’m planning on buying right away to avoid losing out if Ford changes the program. I’ve seen a couple articles about their $5 Billion in warranty liability being a concern, so it wouldn’t surprise me if prices went up or the plan went away. My last three extended warranties paid for at least twice as much as they cost.

From a dollars point of view, the cost is only $100 more to add it within 3/36 instead of 1/12, so I’m guessing many would wait to see if they kept the truck longer than that. The $50 deductible costs less by 6+ dealer visits than the $0, so I think that’s a better bet. Previously I’ve only had to take the vehicles in 3-5 times.

I’m also investigating the prepaid service plan from Flood, it’s about $2750 for the 5K interval plan, but specifically also cover shocks. I’ve got a friend who is a service manager at a Ford store, I’ll ask his opinion. Between the two plans there shouldn’t be much for costs beyond tires and fuel. The total for both is 7% of the cost of the truck, or 2% less than I’ll pay in sales tax.

JohnC12 said:

Yeah, but you're buying a Ford, not a Chrysler.

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They have replaced 4 speakers and an a-pin in my Bullitt already and had the rear sliding glass replaced in the truck. Everyone has there issues. To me 1900 was cheap insurance for the random problems, even if they aren’t big the little ones add up over time.

As many here have said, it’s totally up to you whether or not to purchase it. You may win the lottery and have the most reliable Raptor ever, or you could get hit with a future buy back, or anywhere in between. Some things that helped me decide were the expenses of some early repairs - what it would cost if not under warranty. Plus the moon roof- which is about $1300-1800 depending on where you are and how bad it’s messed up. <-- again, this can be avoided with maintenance but in case it happens to you, it’s an expensive repair.

One advantage to an early purchase ESP is if you buy first day rental coverage, that’s helpful at keeping unexpected expenses down if you had a failure on a trip or similar.

Or you can wait to purchase during your 3/36 and gain more time covered with slightly higher buy in.