Ford Escort subcompact was the American automotive manufacturer’s first front-wheel driven vehicle built within the United States. Produced from 1981 until 2003, the last generation was available as a station wagon, four-door sedan and two-door coupe. The escort offered a relatively frugal and versatile driving experience, with decent performance from the 2.0-liter four-cylinder engine and respectable handling. The Escort was discontinued in 2003 in favor of the all-new Ford Focus subcompact.
Although the Ford Escort remains a relatively reliable vehicle, it still requires both minor and major repairs from time to time. Major components such as the air-conditioning compressor, CV joints, alternator, water pump and timing belt require repair or replacement at some point. Such repairs can cost hundreds of dollars in parts and labor. If the engine or transmission requires replacement, the cost for doing so can easily exceed $1200 or more. Handling such repairs out of your own wallet can put a serious damper on your budget.
When you purchase a frugal subcompact like the Ford escort, chances are it also came with a limited warranty. These types of warranties only last for a short period of time, usually between as little as 30 days or as long as a year after the date of purchase. Most limited warranties cover the frame, body, drive train and brake system of the vehicle. When this warranty coverage runs out, you might be unpleasantly surprised at how expensive it is to have a vehicle repaired.
This is where an extended warranty comes in. Having an extended warranty on your escort or any other vehicle can help you save hundreds or even thousands of dollars on automotive repairs. For a small monthly or yearly fee, you can have coverage that takes care of the parts and labor costs incurred during an automotive repair. You won’t have to take care of any out-of-pocket costs, and in many cases you won’t even have to worry about a deductible. When you buy your next used car, is a good idea to purchase an extended warranty for it.