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Mercury Product Protection - Extended Warranty
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<blockquote data-quote="Ray Clark" data-source="post: 497646" data-attributes="member: 31103"><p>"They said Mercury will give me more opportunities to buy it in the future."</p><p></p><p>I have a 20hp Merc purchased new in February 2021. I, too, declined added warranty coverage when I bought the motor.</p><p></p><p>Mercury has contacted me a couple times about extending the warranty service. The way I figure it, Mercury wouldn't be reaching out to me unless that added warranty coverage was a high profit margin for them. They've built many millions of motors and they know their risk in extending that warranty on my small motor. They know the numbers are against them having to spend a single dollar of labor or parts on that motor. That means that my risk is low, and well within my tolerance to assume that risk. I'm not planning to purchase extended coverage. Now, if something comes up this season that changes my risk profile with regard to that motor, then I can change my mind, as long as it's done by February 2024.</p></blockquote><p></p>
[QUOTE="Ray Clark, post: 497646, member: 31103"] "They said Mercury will give me more opportunities to buy it in the future." I have a 20hp Merc purchased new in February 2021. I, too, declined added warranty coverage when I bought the motor. Mercury has contacted me a couple times about extending the warranty service. The way I figure it, Mercury wouldn't be reaching out to me unless that added warranty coverage was a high profit margin for them. They've built many millions of motors and they know their risk in extending that warranty on my small motor. They know the numbers are against them having to spend a single dollar of labor or parts on that motor. That means that my risk is low, and well within my tolerance to assume that risk. I'm not planning to purchase extended coverage. Now, if something comes up this season that changes my risk profile with regard to that motor, then I can change my mind, as long as it's done by February 2024. [/QUOTE]
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Mercury Product Protection - Extended Warranty
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