Ferdinand's current deal expires in the summer and the 34-year-old is happy to be patient over a new contract .
He told The Sun: "Of course I would want to stay, 100 per cent, provided I'm still playing like I am and feeling as good as I am at the moment.
"Manchester United is a great club, the number one, and you would never want to play anywhere else if you can still play for them.
"I want to be able to contribute properly and to be a player they actually need. You can tell if you're not really needed at a club any more. You just know.
"We are not in discussions about a new contract at the moment and I'm fine with that because of the understanding I have with the manager.
"I don't expect to be treated any different to the other older players like Giggsy or Scholesy, who normally sign on again at the end of the season."