Premium ESP (Canada) - To Buy or not To Buy & Pricing

[wil]

Hello all - I'm picking up my Edge tomorow and am still on the fence about the ESP. I was told I was given the "best" price for the Premium Care ($100.00 deductable) 7yrs/150,000 K which is $1995.00 + taxes.

Is that a good price? I haven't had a chance to compare but the dealer has been pretty good with pricing so when they say it's their best - I'll take them at their word.

 

Since I got the Limited AWD+NAV+Vista roof I really wanted the peace of mind not having to worry about any costly repairs in the near future as the Edge will be a keeper for me.

I've looked at the covered components and couldn't find much about what's covered RE the Vista roof - can anyone shed any light on this?

How does the plan work - is it really as simple as bringing in your car and if it's covered it's fixed for free - no hassles??? I find rarely with dealer's/extended warrenties it usually isn't that simple. That being said I've never owned a Ford and have zero experience with Ford dealerships.

 

Anyhow - opinions are really what I'm after - I've declined the "rust-proofing,leather protection,etc."

 

Thanks in advance,

 

 

wil

[akirby]

Hello all - I'm picking up my Edge tomorow and am still on the fence about the ESP. I was told I was given the "best" price for the Premium Care ($100.00 deductable) 7yrs/150,000 K which is $1995.00 + taxes.

Is that a good price? I haven't had a chance to compare but the dealer has been pretty good with pricing so when they say it's their best - I'll take them at their word.

 

Since I got the Limited AWD+NAV+Vista roof I really wanted the peace of mind not having to worry about any costly repairs in the near future as the Edge will be a keeper for me.

I've looked at the covered components and couldn't find much about what's covered RE the Vista roof - can anyone shed any light on this?

How does the plan work - is it really as simple as bringing in your car and if it's covered it's fixed for free - no hassles??? I find rarely with dealer's/extended warrenties it usually isn't that simple. That being said I've never owned a Ford and have zero experience with Ford dealerships.

 

Anyhow - opinions are really what I'm after - I've declined the "rust-proofing,leather protection,etc."

 

Thanks in advance,

 

 

wil

 

Basically yes - all you have to do is bring it into a Ford dealer and pay the $100 deductible whenever you have a problem. The Ford ESP is the only way to go - you won't get caught in the middle of the mechanics and the warranty provider. Don't forget Ford comes with a 5 yr powertrain warranty that covers the really expensive parts (engine and transmission) so you're only getting 2 yrs of additional coverage there (not counting the mileage).

 

Basically it's a gamble. It makes more sense to finance it so you're only making small monthly payments instead of a single large repair bill. If you're planning to pay cash you might want to reconsider. Also - if you're paying cash you can buy the warranty any time before the bumper to bumper warranty expires.

 

The odds say you'll save money by not buying it (over several vehicles, not just one or two) - otherwise the warranty company wouldn't be selling them. You can always get lucky on a specific vehicle but again it's a gamble.

[wil]

Thanks akirby - I got the warranty - but I was wrong on the specs of the warranty pricing - its 5yrs/150k which is fine - I do about 30k/yr so this will match up very nicely.