Atlee
Well-known member
- First Name
- Erroll
- Joined
- Sep 14, 2021
- Threads
- 27
- Messages
- 1,282
- Reaction score
- 1,314
- Location
- Mechanicsville, Virginia
- Vehicles
- 2022 Power Boost, XLT 302A, 4x4, SCrew, 6.5' bed
- Occupation
- retired
Unfortunately, (or fortunately), I've already gotten a bunch of my extended warranty purchase price back. The APIM failed and was replaced by the dealer, plus reprogramed.I'm not gonna tell anyone they should or shouldn't do an ESP, or from who but all ESPs are bets with insurance companies and they have staffs of lawyers, data scientists and actuaries, setting them up to profit.
A modest model, would be to profit from the "Float". That is, they get your money today, expecting to pay every penny back to you in time but in the mean time, have invested it and get to keep those profits. Thats why it is cheaper to buy it earlier. They have more time to secure the profit they need.
I have have no idea if Ford's model is modest, or aggressive but in any case, you're the pigeon at the poker table.
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