Extended Warranty For Outboards

[Hogfan]

Anyone have any recommendations on extended motor warranty outside the manufacturer? I’ve never purchased warranty through anyone but the manufacturer itself but noticed some other outside companies offer warranty at a lower price. Does this come with a bigger price tag later down the road? Do these companies cover what they say they will?

Thanks for any advice.

[gotmuddy]

extended warranties are a bad idea on everything. If you really really want one make sure you read ALL the fine print.

[Guest]

BEWARE,

I would find a good mechanic and spend that extra money on maintenance.

[jeb]

Not sure about the boat world, but I'd recommend researching the company you're looking at buying from on the 'net. BBB site from the city they are based in is a good place to start.

As far as the value, that's a personal call. They're basically gambling you won't have issues, and you're gambling you will. Sometimes I've lost that gamble, sometimes I've won. I'd guess I'm about even over the years.

[Dutch]

There is way too much profit in them to suit me. I used to sell them and we got 1/2 of the premium just to do the paperwork. I never had a customer who need to use it. I would keep my money in a maintainance account like suggested and have the motor looked over at least yearly by a good mechanic like stated.