I work in Insurance and I think this is the biggest waste of money. Just my opinion.
I guess I will just roll the dice. They sell those warranties because they profit from them.
In all cases? If you have an engine any brand that you KNOW has problems you say gamble don't buy a warranty. Not me been there done that cost me far more to repair on my own than extended warranty & always seems to happens to me with 2s engines. 4s have been kind to me so far.
When is the last time you saw a snowmobile dealer open that did not make a profit? If you ride 2500 miles a year good chance something will go wrong. So for the 4 months we ride a year I think the $35 a month is not bad cheap insurance with a 2 stroke. I would have one on my new sled it does not matter. It helps for resale on piece of mind would you pay the same for a sled that does have a warranty and one that does not. You ever see a used car now they are certified with ext warrantys.
Now your wrong on the about the profit on a certified car. The dealer is not making more money when they certify a car. It cost about $350 for a gm dealer to certify everything except a Cadillac. If someone does not want it certified they will take the money off and you have the get it off the lot warranty.
Because if you do not want it the dealer can take it off and no warranty like I said. The dealer does not make money on it its from the manufacter.
If the customer does not want it the dealer can cancel it and the consumer does not pay for it. The dealer is trying to build value in the used car so they can make more money. Its a fixed cost from gm. It sounds like you want to make a profit but no one else should.
That is not the case at all. Everyone should make a profit.
As I have stated before:
Again, my whole point is that in the long run, it will cost you more to buy warranties than it will to pay for repairs.
The OP asked if the warranties were worth it. IMO no they are not.
With my old Galopy, it would be cheaper to buy another one of the exact same sleds than to get warranty!
I bought extended insurance on my Rush, And it paid off!
Something in the shock was broke and because I bought extended warranty, it saved me a bunch of money.
What on earth are you riding that could be cheaper to replace than to get a warranty? It is my strong belief that a warranty is ALWAYS the cheaper way to go. Sleds are not built like they used to be, you can't just expect 5000 miles out of one without any major problems. Most problems are going to cost more to repair than the cost of the warranty, and if more than one thing happens, which generally does, then the warranty more than pays for itself.
Hmmm, the Rush just came out this year. So, it came with a factory warranty right? So please explain how the extended warranty you bought covered the shock, but the standard factory warranty did not cover it.....
This makes no sense at all, since you are not even into your extended warranty that you paid for yet.
Shoot, 5,000, I've got over eight on my 03 Legend and There is no problems! What would I need any dumb warranty for?