NOTE: I just bought the Wells SU242 CPS at AutoZone for $34.99. Try this listing of services, parts and recommended replacement intervals. If a part was replaced at the first 60K service and I specify a 120K replacement interval, that means I think it should be good until the 180K service. Search Key: 60K parts and recommended replacement intervals
NOTE: The prices for these parts change frequently. Check the sources to determine the latest prices.
I. Top End Engine Work
1) Valve gap check/adjustment of all 24 shims - 60K
2) Spark plugs - 60K
...Motorcraft AGSP32PP (6 ea.), O'Reilly $3.79 ea., FordPartsNetwork.com (FPN) $3.99 ea.
3) Plug wires - 3.0L: 120K, 3.2L: 100K
...3.0L Motorcraft WR-4033, FPN $83.98 (will fit the 3.2L)
4) Valve cover & plug well seals - 120K
...Fel-Pro VS50378R, AutoZone.com $71.99
5) Intake manifold gaskets - 120K
...(required only if black finish is chipped)
...Motorcraft E9DZ-9439-A (2 ea.), FordPartsOnline.com (FPO) $12.14 ea., FPN $12.49 ea.
6) Thermostat - only when not functioning correctly
...Motorcraft RT-1112, FPN $19.99, FPO $17.77
7) Oxygen sensors - 60K
...3.0L Bosch 13942 (2 ea.), AutoZone $38.99 ea.
...3.2L Bosch 13223 or 15716 (2 ea.), AutoZone $49.00 ea.
II. Front End Engine Work
1) Timing belt - 3.0L: 60K, 3.2L: 100K
...3.0L & 3.2L Gates T248, RockAuto.com $34.77
2) Accessory belt(s) - 3.0L: 60K, 3.2L: 100K
...3.0L PS-WP, Gates K040500, RockAuto.com $11.87
...3.0L A/C-Alt, Gates K060445, RockAuto.com $12.90
...3.2L Gates K060854, RockAuto.com $22.55
3) Water Pump - 120K
...(remanufactured-lifetime warranty)
...3.0L A1 Cardone 57-1373, O’Reilly Auto Parts $61.45
...3.0L A1 Cardone 57-1373, RockAuto.com $49.99 (warranty?)
...3.2L A1 Cardone 57-1458, O’Reilly Auto Parts $67.99
4) Water pump gasket set - only if desired, not usually required
...Fel-Pro ES70425, RockAuto.com $4.88
5) Lower radiator hose - only if desired, not usually required
...Motorcraft, FPO $12.87
6) Crankshaft position sensor - 3.0L: 60K or 120K, 3.2L: 100K
...Wells SU242, AutoZone/AutoZone.com $34.99
7) Front main crankshaft oil seal - 3.0L: 60K, 3.2L: 100K
...National 710220, RockAuto.com $6.26, O’Reilly $7.99
With the lifetime warranty on parts such as the water pump, I let them go until they leak. Otherwise, you would have to buy them each service and basically forfeit the warranty. Since your water pump is original and has no warranty I would replace it with a remanufactured unit that does have new seals, bearings and warranty.
I recommend replacing only the lower radiator hose since it is easily accessible during the timing belt job and its failure can quickly void the cooling system of its inventory. Because I provide the labor, I personally wait until parts like that fail before replacing them.
That goes for the thermostat too. Since you can reach it just as easily by loosening the intake tube hose clamp at the throttle body and the two air cleaner lid clips and removing the cleaner lid and intake hose, I would wait until it fails before replacing it. It could last for years and the most common mode of failure is that it doesn't full close, rather than sticking closed. It just makes the engine slow to warm to the normal range or prevent it. Neither is immediately hazardous to the engine.
The crankshaft position sensor has shown the ability to last longer than 60K miles and usually more than 100K miles. Since I do all of my own work, I wait until it fails before I replace it just to save money. At your mileage, I would definitely replace it. It certainly saves the effort later. My OEM unit lasted 180,000 miles.
My OEM CID (cam) sensor is still going strong. After seeing a new one, I can see why. It is rather robust and there are no moving parts and not much chance for any physical contact with the sensor wheel. The throttle position sensor is also a long life component and incredibly easy to replace. Only replace it when it fails.
