Extended warranty

Bearcatrp

Well-known member

Equipment
BX1880 with loader, mower and 3 point
Mar 28, 2023
706
384
63
Minnesota
Just got notified that my original 2 year warranty is about to expire. Is it worth it to buy extended coverage. Thanks
 

85Hokie

Moderator
Staff member
Lifetime Member

Equipment
BX-25D ,PTB. Under Armor, '90&'92-B7100HST's, '06 BX1850 FEL
Jul 13, 2013
10,808
2,618
113
Bedford - VA
What is the cost OF extending that warranty?

How many hours on your machine? Most problems will occur typically in the first couple of months of use. After that - if it is working, it will continue to work.

I would take that warranty money .......... stick it in the sock drawer, and IF something happens in the future you will have a little bit to offset the cost of fixing the machine.
 
  • Like
Reactions: 1 user

Bearcatrp

Well-known member

Equipment
BX1880 with loader, mower and 3 point
Mar 28, 2023
706
384
63
Minnesota
Around 180 hours. Owned about 2 years. No issues so far. Not home to call dealer so will call them when I get back from Caribbean vacation. Thanks
 

PaulL

Well-known member

Equipment
B2601
Jul 17, 2017
2,485
1,406
113
NZ
At that point warranty is just insurance. On a BX1880 there's not a lot that would go wrong, and most of what would go wrong wouldn't be likely to cost more than a couple of grand. If a 2% chance of costing a couple of grand would be a big problem for you, extend the warranty. If a 2% chance of costing a couple of grand is something you could cover, and the cost of the warranty is more than a couple hundred dollars, I think you're better taking the risk.
 

ayak

Well-known member
Lifetime Member

Equipment
L3301 HST
Feb 16, 2018
652
895
93
WV
Getting any type of agreement is certainly such a personal decision, but having managed a business unit that conducted the support delivery side, we were seeing costs per revenue dollar of only 30-40 cents for almost all of them —about $20M/year. The point being they’re not offering these agreements as a public service-they are making significant profit margin even after paying all the parts, labor, and employee benefits. (my wife always hated my reply to the cashier at Best Buy in the checkout line, asking if I wanted to add the extended whatever)