After what has seemed like forever my Tracker Classic is finally in!!! They are offering me an extended warranty that covers motor and electrical for seven years. What’s the general consensus out there regarding this coverage? The Mercury comes with a three year warranty already.

What does it cost?  Does it include the trolling motor? Deductable?

I could be wrong, but I believe that if they are selling me an extended warranty it must be in their interest.  Which means it most likely is not in mine.  I used to buy extended warranties on stuff like TV's and really lost $$ because what I put the warranty on never failed.

 

I turned down the 2017 Merc 60 4 stroke offer.  My last engine was a Suzuki 50 4 stroke and it is still going strong in another's hands after 19 years with no need for any warranty work.  Just plugs, water pump impeller and engine and lower unit oil changes annually.  I believe that with proper maintenance and care in its use, the engine should last indefinitely.  They probably won't cover hitting rocks anyway.

 

I think most electronics devices like the engine computer, if they are going to fail, will do it sooner rather than later. 

 

My 2017 boat has had two issues, one a cable routing problem and one a cowl adhesive failure.  Both happened early so were covered.  Things like leaks should show up early as well.

 

But, these are my opinions based on my engineering background and auto and marine experience, and not hard data.  What I do may not be right for others, especially those who consider peace of mind more important than economics.  

I used to sell extended warranties.  It was like Christmas every time someone bought one.  I got 15% of the total and my boss got 25%.  That should tell you something about them.

 

I just got a special deal from Mercury to extend my Verado warranty.  It still has 2 years left but I can add a year for the paltry sum of $2565.  That deal is in a truck on the way to the land fill. 

1 hour ago, kjfishman said:

What does it cost?  Does it include the trolling motor? Deductable?

It’s ten extra bucks a month on the payment but multiple that by the length of the loan and what others have said regarding initial warranty already provided and likelihood of failure with proper maintenance and I’m leaning towards not. Trolling motor is included, have not checked on deductible.

I passed on mine like I do with all my purchases.