The Best Extended Warranty for Ford
Exploring the Best Extended Warranty Options for Ford Vehicles
Protecting your Ford vehicle is important. Your car keeps you on the move and available in case there is an emergency. To do that, you have two options: getting an extended warranty cover from Ford directly or going with a third-party provider of vehicle service contracts. Both have their pros and cons but for the most part, it will come down to what suits your situation best. Let’s take a look at the Ford extended warranty options and see which one might be ideal for you.
What is an Extended Warranty and why should you consider getting one?
An extended warranty is an additional form of protection for your vehicle that you can purchase after the manufacturer’s warranty has expired. It provides coverage for unexpected expenses due to malfunctioning parts.
Getting an extended warranty can be a great way to save money on repair costs in the long run. It can also provide peace of mind knowing that if something goes wrong with your car, you will have the financial protection you need to get it fixed.
By understanding what an extended car warranty is and why it is important, you can make an informed decision about whether or not it is right for you and your vehicle.
Comparing the Pros & Cons of Ford Manufacturer’s Extended Warranty vs Third-Party Providers
Ford Factory Warranty
At the original purchase of your car, Ford will offer a car warranty of 3 years/36,000 miles for bumper-to-bumper coverage and 5 years/60,000 miles for powertrain coverage. Other coverage options you can opt for upon purchase include:
- New Vehicle Limited Warranty: 3 years/36,000 miles
- Powertrain Warranty: 5 years/60,000 miles
- Diesel Engine Coverage: 5 years/100,000 miles
- Corrosion Warranty: 5 years/unlimited miles
- Safety Restraint Warranty: 5 years/60,000 miles
- Emissions Defect Warranty: Up to 8 years/80,000 miles
- Hybrid and Electric Vehicle Unique Component Coverage: 8 years/80,000 miles
For extended coverage, Ford does offer 4 plans for different levels of protection. These are the PowertrainCARE, BaseCARE, ExtraCARE, and PremiumCARE. Each of these coverages provides protection for a certain number of components. The PowertrainCARE offers the least amount of coverage and the PremiumCARE offers the most comprehensive coverage.
What does Chaiz Offer for the Ford?
Chaiz is an online comparison marketplace for extended auto protection in the form of vehicle service contracts. The service contracts are offered by third-party providers. You can use Chaiz to research the various plans offered by the providers and compare the plans so you can find the one that is best suited to your needs and budget.
The plans come in three different tiers: the powertrain, powertrain plus, and most comprehensive. Each plan has terms that can be adjusted and you will get a quote based on your driving needs. For example:
Ford Focus 2017 with around 105,000 miles on the odometer:
- $51 per month, 5 years/100,000 miles, powertrain
- $66 per month, 3 years/50,000 miles, powertrain plus
- $91 per month, 3 years/50,000 miles, most comprehensive plans
Ford F-150 2018 with around 110,000 miles on the odometer:
- $55 per month, 5 years/100,000 miles, powertrain
- $69 per month, 3 years/50,000 miles, powertrain plus
- $92 per month, 3 years/50,000 miles, most comprehensive plans
How to Choose the Right Coverage Plan for Your Specific Needs & Budget?
There are different needs for every driver. There is no specific method for determining which plan will suit you best due to this complexity. Nonetheless, calculating your yearly mileage is a good starting point. Based on this metric, you can decide whether you need comprehensive coverage or simple protection. Then, determine which plan options will be a suitable compromise between your budget and needs based on what you can afford on a monthly basis.