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Dec 30th, 2023
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 Extended warranty
#11243370
11/25/15 06:01 AM
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Joined: Jan 2011
Posts: 4,194
rxkid2001
OP
TFF Team Angler
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OP
TFF Team Angler
Joined: Jan 2011
Posts: 4,194 |
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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Re: Extended warranty
[Re: rxkid2001]
#11243645
11/25/15 02:01 PM
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Joined: Apr 2006
Posts: 541
chas1
Pro Angler
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Pro Angler
Joined: Apr 2006
Posts: 541 |
They are sure a lot cheaper than a rebuild
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Re: Extended warranty
[Re: rxkid2001]
#11243854
11/25/15 03:24 PM
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Joined: Mar 2010
Posts: 25,878
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,878 |
Price of YES coverage based on motor size. What size Yammy do you have?
Okie by birth, Texan by choice. ![[Linked Image]](https://texasfishingforum.com/forums/pics/userpics/2021/01/full-47849-80883-111.jpg) USAF "Thunderbirds" Alumni 1985-1989
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Re: Extended warranty
[Re: rxkid2001]
#11244877
11/25/15 10:58 PM
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Joined: Jan 2011
Posts: 4,194
rxkid2001
OP
TFF Team Angler
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OP
TFF Team Angler
Joined: Jan 2011
Posts: 4,194 |
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Re: Extended warranty
[Re: rxkid2001]
#11247464
11/27/15 04:01 AM
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Joined: Apr 2005
Posts: 6,479
Phoenix 920 Pro xp
TFF Celebrity
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TFF Celebrity
Joined: Apr 2005
Posts: 6,479 |
$2,250 for two years I believe
Last edited by Skeeter TZX 200; 11/27/15 04:02 AM.
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Re: Extended warranty
[Re: rxkid2001]
#11247889
11/27/15 03:15 PM
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Joined: Mar 2010
Posts: 25,878
T Bird
TFF Guru
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TFF Guru
Joined: Mar 2010
Posts: 25,878 |
$1500-1 Year
$2300-2 Years
$2700-3 Years
Okie by birth, Texan by choice. USAF "Thunderbirds" Alumni 1985-1989
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Re: Extended warranty
[Re: rxkid2001]
#11356813
01/19/16 11:53 PM
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Joined: Apr 2012
Posts: 555
Fritz423
Pro Angler
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Pro Angler
Joined: Apr 2012
Posts: 555 |
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.
Wishin' I was fishin', and dreaming of beer
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Re: Extended warranty
[Re: rxkid2001]
#11357900
01/20/16 02:37 PM
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Joined: Dec 2002
Posts: 3,826
Tommy Yetts
TFF Team Angler
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TFF Team Angler
Joined: Dec 2002
Posts: 3,826 |
They are cost effective if you ever have a powerhead failure.
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Re: Extended warranty
[Re: rxkid2001]
#11358089
01/20/16 03:52 PM
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Joined: Mar 2005
Posts: 1,621
psycho0819
Extreme Angler
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Extreme Angler
Joined: Mar 2005
Posts: 1,621 |
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?
If you're not living on the edge, you're taking up too much space!
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Re: Extended warranty
[Re: Tommy Yetts]
#11358751
01/20/16 08:01 PM
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Joined: Apr 2012
Posts: 555
Fritz423
Pro Angler
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Pro Angler
Joined: Apr 2012
Posts: 555 |
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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Re: Extended warranty
[Re: rxkid2001]
#11358781
01/20/16 08:15 PM
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Joined: Apr 2012
Posts: 555
Fritz423
Pro Angler
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Pro Angler
Joined: Apr 2012
Posts: 555 |
A recent Consumer Reports survey found that 55 percent of owners who purchased an extended warranty hadnt 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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Re: Extended warranty
[Re: rxkid2001]
#11359131
01/20/16 11:23 PM
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Joined: Nov 2007
Posts: 5,526
ssmith
TFF Celebrity
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TFF Celebrity
Joined: Nov 2007
Posts: 5,526 |
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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Re: Extended warranty
[Re: psycho0819]
#11360304
01/21/16 03:06 PM
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Joined: Dec 2002
Posts: 3,826
Tommy Yetts
TFF Team Angler
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TFF Team Angler
Joined: Dec 2002
Posts: 3,826 |
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.
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Re: Extended warranty
[Re: rxkid2001]
#11361118
01/21/16 07:33 PM
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Joined: Feb 2005
Posts: 6,673
texasbass1
TFF Celebrity
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TFF Celebrity
Joined: Feb 2005
Posts: 6,673 |
IMO it is better to have one and never need it than not have one and need it.
Pat Leach
USAF MSgt Retired
92 Procraft 180 Pro
24 Mercury 150 Pro XS 4 Stroke
Minn Kota Ulterra 80
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