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#11243370 - 11/25/15 12:01 AM Extended warranty
rxkid2001 Offline
TFF Team Angler

Registered: 01/26/11
Posts: 3945
Loc: Wishing I was in TX
I have 2 years of warranty left on my motor. How much do extended warranties cost for a yamaha who? Are they worth the cost?

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#11243645 - 11/25/15 08:01 AM Re: Extended warranty [Re: rxkid2001]
chas1 Offline
Angler

Registered: 04/01/06
Posts: 473
Loc: Stephenville tx.
They are sure a lot cheaper than a rebuild
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#11243854 - 11/25/15 09:24 AM Re: Extended warranty [Re: rxkid2001]
T Bird Online   content
TFF Celebrity

Registered: 03/07/10
Posts: 6061
Loc: Temple, Texas "Rail Town USA"
Price of YES coverage based on motor size. What size Yammy do you have?

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#11244877 - 11/25/15 04:58 PM Re: Extended warranty [Re: rxkid2001]
rxkid2001 Offline
TFF Team Angler

Registered: 01/26/11
Posts: 3945
Loc: Wishing I was in TX
250

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#11247464 - 11/26/15 10:01 PM Re: Extended warranty [Re: rxkid2001]
Phoenix 920 Pro xp Offline
TFF Celebrity

Registered: 04/18/05
Posts: 5849
Loc: Waco
$2,250 for two years I believe


Edited by Skeeter TZX 200 (11/26/15 10:02 PM)

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#11247889 - 11/27/15 09:15 AM Re: Extended warranty [Re: rxkid2001]
T Bird Online   content
TFF Celebrity

Registered: 03/07/10
Posts: 6061
Loc: Temple, Texas "Rail Town USA"
$1500-1 Year
$2300-2 Years
$2700-3 Years

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#11356813 - 01/19/16 05:53 PM Re: Extended warranty [Re: rxkid2001]
Fritz423 Offline
Pro Angler

Registered: 04/25/12
Posts: 528
Sorry to revive this but couldn't resist.

The way actuaries determine what to charge for extended warranties is to determine how much in repair costs thousands of units needed (on average) then add 50% or so to the cost of the warranty. These are virtually never cost effective.
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Wishin' I was fishin', and dreaming of beer

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#11357900 - 01/20/16 08:37 AM Re: Extended warranty [Re: rxkid2001]
Tommy Yetts Offline
TFF Team Angler

Registered: 12/14/02
Posts: 3578
Loc: Rockwall, TX USA
They are cost effective if you ever have a powerhead failure.
_________________________
Rockwall Marine
Tommy Yetts

www.rockwallmarine.com

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#11358089 - 01/20/16 09:52 AM Re: Extended warranty [Re: rxkid2001]
psycho0819 Offline
Extreme Angler

Registered: 03/27/05
Posts: 1551
Loc: Kaufman
Yamaha just sent me the paper work for my extended warranty, $500 a yr for my F70.

Anyone know of any other options than Yamaha? I would hate to make a decision without shopping options.

Tommy, is there anyone else in the extended warranty business you've dealt with? Just curious what you experience might offer since you see how good or bad they treat people on claims?
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If you're not living on the edge, you're taking up too much space!

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#11358751 - 01/20/16 02:01 PM Re: Extended warranty [Re: Tommy Yetts]
Fritz423 Offline
Pro Angler

Registered: 04/25/12
Posts: 528
Originally Posted By: Tommy Yetts
They are cost effective if you ever have a powerhead failure.


Sure they are. But if that was likely to happen within the warranty period they would charge you way more. Extended warranties are basically Lottery tickets. Damned unlikely to save you any money.
_________________________
Wishin' I was fishin', and dreaming of beer

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#11358781 - 01/20/16 02:15 PM Re: Extended warranty [Re: rxkid2001]
Fritz423 Offline
Pro Angler

Registered: 04/25/12
Posts: 528
A recent Consumer Reports survey found that 55 percent of owners who purchased an extended warranty hadn’t used it for repairs during the lifetime of the policy, even though the median price paid for the coverage was just over $1,200. And, on average, those who did use it spent hundreds more for the coverage than they saved in repair costs.
_________________________
Wishin' I was fishin', and dreaming of beer

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#11359131 - 01/20/16 05:23 PM Re: Extended warranty [Re: rxkid2001]
ssmith Online   content
TFF Team Angler

Registered: 11/22/07
Posts: 3285
Loc: scotland tx
for those that say it is a bad investment try to sell a opti or a hpdi motor without an see what the difference in the sale price is.

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#11360304 - 01/21/16 09:06 AM Re: Extended warranty [Re: psycho0819]
Tommy Yetts Offline
TFF Team Angler

Registered: 12/14/02
Posts: 3578
Loc: Rockwall, TX USA
Originally Posted By: psycho0819
Yamaha just sent me the paper work for my extended warranty, $500 a yr for my F70.

Anyone know of any other options than Yamaha? I would hate to make a decision without shopping options.

Tommy, is there anyone else in the extended warranty business you've dealt with? Just curious what you experience might offer since you see how good or bad they treat people on claims?


The only other company I would consider is FPC, ( First Protection Corp. ), they were the first to enter the marine extended service business many years ago.

That said you can't beat the factory supported extended warranty programs.
_________________________
Rockwall Marine
Tommy Yetts

www.rockwallmarine.com

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#11361118 - 01/21/16 01:33 PM Re: Extended warranty [Re: rxkid2001]
texasbass1 Offline
TFF Celebrity

Registered: 02/12/05
Posts: 5993
Loc: The Colony, TX
IMO it is better to have one and never need it than not have one and need it.
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Pat Leach



USAF MSgt Retired

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