darrenfx4

Did a search and couldn't find anything if Ford offers any ESP's that run longer than 8 years. Does anyone know if they do? Or a reputable aftermarket one? I have plenty of time just curious about this. Thanks

RLXXI

Not a genuine Ford esp no, aftermarket offers some but I'm leery of those.
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dannytexas

Actually you can get it longer but not in a single plan.
In my case, I have ESP Premium I bought new in 2013 and it expires in 2020.
I have called an online ESP reseller (Ford dealer) and been quoted for a used ESP that I can get a max of 60K miles and 5 years.
As long as I purchase before my original ESP expires there is no Ford vehicle inspection required.
Unlike my original plan that has a zero deductible the used ESP plan's lowest is $50.00 which is fine.

So in about August of 2019 I will purchase the used car Ford ESP plan and will be covered bumper to bumper until August 2024 or 60K miles from August 2019. (Its 60K additional miles to whatever is already on the clock when I purchase the used ESP plan.
I only drive about 5-6K miles a year so I'm basically buying the max time I can.

Essentially I will be able to drive my truck for 11 years with the max surprise repair bill limited to $50.00 bucks. If my timing chain stretches or turbo's go I have zero worries.
As a side note the ESP plans I have include same day rental car and enhanced rental which means if it takes them a month to repair my truck I will have wheels to drive in the interim.

Many think this is a ton of wasted money on ESP's but I rationalize it differently.
I view it as paying a total of $4K more over 10 years to drive worry free.
I can assure you I couldn't purchase another new truck every 5.5 years @ $55K for any less than the $2K every 5 years these plans cost me to keep my current truck.

For a truck that has been paid off for years, has 22K total miles and a ton of mods already done to it I do not have any desire to go buy a new truck.

I realized you were asking more about a longer ESP OP but thought I would share what I did to get a "longer than 8 year ESP"
FWIW

Danny

DirtDawg

^^^ I might do likewise before my 8 yrs/60k ESP expires in 4.5 yrs. That is, if my own "extended warranty" as an aging baby boomer doesn't (um) "expire" before then.

I prefer my unique F150 over newer models, as equipped with 6.2L plus OEM Raptor sideboards and Raptor exhaust, Bilstein 5100s, full RCI skids and so much more. It currently only has just 7.5k miles since new, so there's no way that I'll ever wear it out. ESP is a justifiable expense for me...

jdunk54nl

You are mathematically and statistically better off taking whatever you would pay for an extended warranty and putting that into a money market, mutual funds, a normal savings account at .1%, or just throwing it in a jar and burying it in the back yard. Then when you have an issue, you use that money. Odds are in your favor that you will never use all of that money.

After all that is what the insurance company is betting on. They charge you $1500 with the odds being in their favor that you will never need $1500 in repairs, hence they make money.

In other words, you are literally using the same principle the insurance company uses to decide the cost of the insurance plan.

Ricktwuhk

This ^^^

darrenfx4

I see both sides but I do like the coverage in the event of something major goes, thats my main concern. to me $900 for 3 more years and 40,000 more miles for example of coverage is worth it, its piece of mind, pricey at that but also catch 22, if you don't have it and need it vs. you do have it and dont need it.

Thanks for the info and insight from both sides!

jdunk54nl

Where did you find one that cheap?

Edit* I did some of my own research.

I am assuming your vehicle (from your other thread) is just under 36 months old and at the 29,000 miles. So you would be looking at (Flood Ford Pricing) at a 6 year 75,000 mile plan. So the cheapest one is $1005 and it has a $100 deductible. $0 deductible one goes for $1315.

Again these prices are set by the insurance company at a price point where THEY will make a TON of money. You would probably never use $1000. However, if it makes you have peace of mind then go for it. That is all insurance is, do you want to take the risk or are you willing to pay someone else to hold that risk. That is why insurance companies pay actuaries so much money to figure these prices out.

You will still save a bunch of money instead of trading in your lease doing it this way compared to getting something new.

darrenfx4

From flood ford ESP and ziegler ford ESP. They were mentioned on here and i checked them out, I was quoted $2,000 for similar coverage from Ford's ESP call center. Apparently these dealers are known for heavy discounts and aggressive pricing.

dannytexas

Totally agree, I get both perspectives. I don’t gamble in casinos and prefer to pay for peace of mind.
Plus when you experience first hand the saving grace of having an extended warranty you don’t mind buying that peace.

Last year Infiniti replaced my wife’s 6 year old G35s engine with a long block at the tune of $7,000. All I had to pay was a $3.00 oil disposal fee. Ha
That plan cost me $1,800. So essentially what I saved paid for her warranty plan and both ESP’s for my truck.

If most major repairs only cost ~$2k I would never buy extended warranty and just slap in a savings account in case I needed it.
But with my eco a timing chain job, bad turbo, ac system failure, electronic steering etc.... and your looking at double the cost of the warranty.
And we all know there has been one or two eco’s on the forum have these issues. LOL