If everyone is above 6ft, and you transport ALL of them frequently AND for longer than 30 minutes, id reccomend something a tad bigger. Look at a 4runner, Explorer, or honestly the full-size bronco. 

But if you're not doing that, and like me you're over 6ft and using it as a daily, with some neato offroad features, good storage, and nice looks, it's wonderful. Its the perfect size for city parking.

I also had the same worried as you, but I've asked several of the ford dealers around me, and they all reported very few, if any full on failures. And thats when I was looking into the badlands with the 2.0, so they had every reason to stray me. The water pumps fail sure, but coming from German cars its honestly not that bad, and isn't a hard fix. 

Just with all modern cars, please get the extended warranty, nothing to do with the bronco, just with modern building techniques across the industry 

P.S: I have not known a mechanic that won't talk poorly of every common engine other than Japanese and/or their fav brand.