Extended warranty?

[AgentJ]

i jut bought a tahoe q7SF, would it be woth it to buy an extended warranty? the going price is about 1600 for five years, includes wear and tear items on the boat. however the mercruiser itself has a three year warranty. does anyone have the extended warranty and who is it through? i would like to shop arround. i bought the boat at a bass pro shop. any advice and suggestons would be helpfull...

 

[Bondo]

Re: Extended warranty?

Ayuh,... I'm the Handy type, so extended warranties are to me, a waste of money...

If yer a Less than handy type, it might be money in the bank for you...

 

[jmarty10]

Re: Extended warranty?

Three year merc warranty is pretty good. FYI, my larson has a 5 to life but merc only covers the first two years and then larson picks up the tap if something goes wrong. (So they say. I havent found out yet. Knock on wood) But....when they were going through bankruptcy I called up mercruiser to see if I could extend my engine warranty through them and they gave me the option of another year, 2 year...up to an additional 5. So, I guess I would wait until right before the warranty expires and then call merc to see if you can extend at that point. Save the $1600 for something you will enjoy right now.

 

[NYBo]

Re: Extended warranty?

Extended warranties are really insurance policies, and are designed to make money for the issuer, not the buyer. In other words, the odds are that you will not recoup the cost of the warranty.