Ford ESP through Granger - Not Cheap

[oncechance]

Mine all but refuses to sell Ford ESP plans. They prefer to sell plans from a company called Apex protection which is a complete rip-off.

Can you say "Kick Backs".....

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[bjl95mustang]

I got mine from Zeigler. All the big online places will price match each other.

After the guy with the pain fiasco and granger ford I try to stay away from them because of their poor customer service.

 

[Rossi6998]

My last three vehicles I used Flood Ford for my ESP without any issues.

 

[m_bt54]

I'd rather put that money in an index fund and take it out if you ever have a costly repair.

Yep. One of the best things I learned in high school was from my math teacher advising us to never pay for a warranty. I put the $ equal to .25% of the warranty into a money market and self warranty. The money is eventually moved to something with some more risk long term and rarely used to pay for a repair. Cars, electronics, homes, appliances. Anything I am offered an extended warranty on

 

[Gutshot]

yep my dealer flat out told me they will not beat or match Granger's ESP plan pricing.

I gave my dealer the option to price match, they looked at Granger’s website when I told them, they wouldn’t do it either. I politely told my sales lady ok, I tried.

 

[NCLife]

I think there are two different sites out there that you can buy the warranty through from them, Pretty sure one comes out to be more than the other. I got a 5 year 75K Premium care ESP with LED coverage through https://grangerwarranty.com/ and even with financing and fees it was about 1.2K less than going directly to Ford.

Is that warranty a “Granger” or manufacturers warranty?

 

[Texas2022XLT]

Yes just bought it yesterday from them and they processed today, right from Ford.

 

[nvabill]

currently shopping for an extended warranty for my PowerBoost, and many people have recommended Granger. However, I've noticed that they charge a 10% administrative fee.

While Ford advertises interest-free financing on their Extended Service Plan (ESP), and Granger seems to as well, this hidden fee effectively increases the total cost. For an ESP priced at $3,245.00, Granger adds a $324.50 fee, bringing the total to $3,569.50. because this admin isn't included when you pay in full this effectively is a 10% interest rate you are paying completely upfront

This practice is misleading and frustrating. I know Granger reads this forum. You guys suck

Edit: To be clear, I'm not complaining about the price of the product. I'm complaining about how Ford offers interest-free financing, but Granger takes it away from you by charging a 10% fee for using the financing.

So, by making this post you obviously have found someone with a better deal. Why not just buy there and share the info with us so we all know where to go for ours?

 

[NCLife]

Yep. One of the best things I learned in high school was from my math teacher advising us to never pay for a warranty. I put the $ equal to .25% of the warranty into a money market and self warranty. The money is eventually moved to something with some more risk long term and rarely used to pay for a repair. Cars, electronics, homes, appliances. Anything I am offered an extended warranty on

I used to ascribe to this approach, until I watched the proliferation of electronics in vehicles, the inclusion of technology designed to meet cafe standards but decrease reliability (Chevy Active Fuel Management lifter failures and maybe Ford Active Cylinder Deactivation - not sure if there are document longevity issues on Ford - Chevy is a fact) and the disproportionately increasing cost of repairs. That modified the equation enough in favor of buying the warranty on cars (oh and refrigerators - they are crap these days). I also had an $8k engine rebuild on my wife’s 2019 6.2L Suburban with 60k miles on it last year. While I’m not positing the theory the invest the money strategy is wrong, it’s less convincing now.

 

[Porpoise Hork]

Is that warranty a “Granger” or manufacturers warranty?

It's the Ford Premium Care ESP.

 

[NCLife]

It's the Ford Premium Care ESP.

Excellent…thanks

 

[soup7_20]

So, by making this post you obviously have found someone with a better deal. Why not just buy there and share the info with us so we all know where to go for ours?

No, I haven't.

Not sure what leads you to think it was obvious. I made this post because it's very stealership of Granger to offer free financing but then hit you with a 10% admin fee for using the financing, that's all. I will probably go with either Ziegler or Flood.

 

[nvabill]

Not sure what leads you to think it was obvious.

Because you called them out so I just knew you had found a better deal. Please keep us informed and let us know how much cheaper you find it than Granger, I am sure many will appreciate the info.

 

[Porpoise Hork]

No, I haven't.

Not sure what leads you to think it was obvious. I made this post because it's very stealership of Granger to offer free financing but then hit you with a 10% admin fee for using the financing, that's all. I will probably go with either Ziegler or Flood.

If the primary complaint is that they're charging an admin fee if you finance it, then don't finance it. You should have a couple years left on the 3/36 so put the money aside that you would pay on the monthly for the warranty and just buy it outright before the factory expires.

 

[digitaltrucker]

Could do that but one major issue like say the transmission or OEM LED headlight fails on you would easily wipe most if not all of it out in one event. With the ESP and options that would be most likely be covered along with day one rental and only be out the deductible if you have one, and still have coverage afterwards.

Exactly, you would need to be investing like a politician to make it work, IF it could but it cant!

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