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Thread: Extended warranty
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02-26-2020, 01:29 PM #1
Extended warranty
Has anyone gotten the extended warranty on a 2018 mercury 300 xs.? Was wondering on price, just bought a used one with 40 hours on it guy said we could still get long warranty through merc but he didn’t know price
1986 cougar mtr 21
2003 supra launch ssv
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02-28-2020, 04:07 PM #2
Never pay for extended warranty on anything.
Markus' Performance Boating Links:
www.toastedmarshmallow.com/performance
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02-28-2020, 09:10 PM #3
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02-28-2020, 10:19 PM #46000 RPM
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It’s a calculated risk. Mercury is making money selling warranties because more don’t break than do. I wanted to get the extended warranty but the price ranged from $3k-$13k (MSRP) for 1-5 years of coverage. Would I expect more than 50% chance I’ll have to pay $3k-$13k for repairs over the next 1-5 years? I don’t think so based on the collective reports of failures of my make/model on the Internet. I may regrettably discover later that I was the one who should’ve bought the warranty but that’s the risk you take and I think the odds are on my side.
Get a quote on the warranty and determine for yourself what are the chances your engine fails and what is the cost of repair. Compare the two and go with the cheaper one.Last edited by engineermike; 02-29-2020 at 09:06 AM.
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02-29-2020, 03:22 AM #5Markus' Performance Boating Links:
www.toastedmarshmallow.com/performance
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02-29-2020, 05:43 AM #65000 RPM
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I got the platinum warranty (extra 2 years for a total of 5) for an additional $790.00. This was from jacos last year.
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02-29-2020, 08:40 AM #7
That was probably during the typical spring promotion like they are having right now. Currently they offer an additional 2 years of gold protection for free until March 31st, you can upgrade to platinum for about what you paid. Without the promo it’s not something I would buy but with my new 250 ProXS I’m spending the additional $700 to upgrade to platinum. It will only take one broken prop shaft or shift electronics issue to pay for itself.
Mark
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02-29-2020, 09:07 AM #85000 RPM
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at those numbers even though Mercury has great product - it seems a no brainer - especially the season which is almost year round for those southern .
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02-29-2020, 09:55 AM #9
Agreed, I’m in the camp that never buys extended warranty but at the price offered during the promo it’s a no brainer.
Mark
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03-01-2020, 02:19 PM #10
Hell yes it is worth that price. I am pulling the trigger on a new 250xs and will purchase the Extended warranty do to having tone thru 5 sportmasters.
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