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On average, the cost for a Ford Five Hundred Emergency/Parking Brake Shoe Replacement is $253 with $92 for parts and $161 for labor. Prices may vary depending on your location.
The job of the parking brake shoes is to hold the car in place (prevent the car from rolling) when you use the parking or emergency brake. Parking brake shoes are installed on cars that have rear rotors (also known as rear disc brakes). Most new cars (made after 1999) have rotors at the rear wheels. In the older cars that have drums at the rear wheels, the brake shoes inside the rear drums act as the parking brake shoes.
Parking brake shoes are the most overlooked part of the brake system. A mechanic should inspect the parking brake shoes while performing a brake service (changing the rear brake pads or rotors). If the shoes are in good condition, the mechanic should clean and adjust the shoes. If you notice a change in the way parking brake lever feels (easier or harder to pull), or if the car rolls after putting the parking brakes, you should immediately get it inspected and replaced.
When you engage the parking brake, the parking brake shoes hold the car in place by clamping against the rear brake rotors. These shoes assure that the wheels cannot turn, and your car cannot roll. As the parking brake shoes wear out, they become thinner, and cannot apply as much pressure to the rotors, making them much less effective and putting your car at risk of moving out of its parked position.
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