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Should I consider Yamaha Extended Service on engines already out of warranty?
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Should I consider Yamaha Extended Service on engines already out of warranty?
I am about to make an offer on a boat w/ twin 150 HPDI's that are 2000 model year and have 188 hours on them. The boat and engines look to be well cared for. Should I be concerned that they are out of warranty? Does anyone have any experience with Yamaha's exteded service plan for engines already out of warranty? Is it worth it?
Thanks.
Should I consider Yamaha Extended Service on engines already out of warranty?
I just contacted Yamaha on this subject. I have a 2001 225 saltwater series that is going out of warranty. Y.E.S @ yesquote@yamaha-motor.com is the website. The numbers are $890.00 for 12 mo.,$1,389.00 for 24 mos.,$1,815.00 for 36 mos. I am not sure if I want to do this myself. I like the peace of mind but $1,815.00 for 3 years is a lot of money. $600.00 per year. What to do? I baby the motor,use "Yamaha ring-guard" but who knows? If your motor is still under warranty Yamaha will sell you the warranty- if not there after market dealers that will but it will cost more. Let me know what you think.
Should I consider Yamaha Extended Service on engines already out of warranty?
If your motors are eligible for YES, call a couple of dealers because they can charge what they like -- can be a lot less than quoted through the on-line system.
Should I consider Yamaha Extended Service on engines already out of warranty?
Ask yourself this question:-------- Can I afford to replace a power head on my engine, every year for three years? If the answer to this question is "YES", you do not need the 3 year ($1,815.00) extended warranty, (at $605.00 dollars per year). If the answer to the question is "NO", you need the warranty!-----Just my opinion. ---Greg
Should I consider Yamaha Extended Service on engines already out of warranty?
What are the chances that a boat owner will be able to "bank" enough money in a given year, (especially in this ecenomy), to cover the cost of a power head??? ---( $600.00 per year for extended warranty insurance-- vs-- the cost of a power head and related parts $2000.00 +) -----Greg
Should I consider Yamaha Extended Service on engines already out of warranty?
One thing I have learned through the years that the warranties have many words of fine print and the price fluctuates from dealer to dealer. When in the business we doubled our cost. Same as the auto industry.
Fine print contains words like " failure of oiled parts" so when the oil pump fails and every thing dies it's not covered. Tricky things.
Your best bet on warranty is to buy from a dealer you trust and go over the contract in detail before buying.
Should I consider Yamaha Extended Service on engines already out of warranty?
Last year I bought a Larson SEi 190 w/Yamaha 150 HPDI (still with 1 more year of warranty on the engine).
I'm very satisfied with the engine. Not a single problem with it.
At that time I elected not to buy the extended warranty.
Why? It's simple. Even with that coverage the "ball is still on my court" ..... The "YES" warranty says and I quote "There's complete coverage on mechanical defects*" and bellow on the fine print under the "*" it says and I quote "*Excluding those repairs due to normal wear and tear or aging."
Now you figure that out. After a couple of years and 100 plus hours on the engine everything falls into the "normal wear and tear" category on my book.
Presenting that to the dealer, I asked what is the life expectancy of the different mechanical components on the engine... the answer was... nothing was established by Yamaha to satisfy my question!!!
That's why i did not buy the "YES", however you can have a different point of view.
Just my 2 cents.
Happy boating for 2003
Should I consider Yamaha Extended Service on engines already out of warranty?
Sorry about going off topic, but I plan on placing an order for a Dusky 233CC with a 250 Ficht tomorrow and I have the choice of $1,750 rebate or a 4 year extended warranty. I still don't know the details fo the Ext. Warranty, but I am just wondering what I should do.
Does anybody have any headsup on the Ext. Warranty from Evinrude?? Should I use the rebate for my Depth Sounder (I plan on getting the Furuno 600L) and GPS instread??
Should I consider Yamaha Extended Service on engines already out of warranty?
anflyer...start a new thread....
However....take the warranty...that's a no brainer expecially with a ficht.....it will more than pay for itself on resale and cover you during the period.
Should I consider Yamaha Extended Service on engines already out of warranty?
Anflyer,
First, let me say congrats on the new boat...
I have a 225 Ficht (and a Dusky)and I have had no problems and have faith in the motor, but I would get the warranty. 1750 is cheap. The extended warranty - 2 or 3 years (don't remember) was over 2500 from Bombardier.
Oh and start a new thread!
Should I consider Yamaha Extended Service on engines already out of warranty?
Here is a question for everyone. If you were purchasing a new vehicle, and you were planning to keep that vehicle for a minimum of 6 years, wouldn't you also purchase a 6 or 7 year 100,000 mile extended warranty to cover the major components?------- My wife and I are presently looking at a 2003 4 cylinder Honda Accord. The cost of the extended 7 year 100,000 mile warranty is somewhere between $900.00 to $1,000.00. This is a factory warranty that we can use at any Honda dealer. (Bumper to bumper / 0 deductable). If we keep the vehicle for 7 years ( assuming the $1000.00 price), "peace of mind" cost us $142.86 per year. It is understood that the vehicle needs to be serviced on a regular basis, and service records must be kept and availiable. The Honda dealer does all of our service, so if an issue arises, the factory rep. or the adnministrator of the warranty can get the records from the dealer. We are "out of the loop"! In a 6 or 7 year period of time, depending on the mileage accumulated on the vehilce, it is very possible that a drive train problem could develop. Isn't it a nice feeling, when your 6 year old vehicle, (with 60,000 miles), needs a trans that the manufacturer is picking up the bill? ----Just my opinion. -----Greg
Should I consider Yamaha Extended Service on engines already out of warranty?
For the $3600+ it would cost me, I think I would be willing to roll the dice on these engines. Can anyone tell me what the cost is to replace a powerhead?
Should I consider Yamaha Extended Service on engines already out of warranty?
Tuna:
Like it was mentioned above, shop around for the Y.E.S. contracts. If you purchase them direct from Yamaha on their web site you are paying full price.
Call Wells Yachts in Marblehead (781-631-3003) and Gilford Sales in Kittery (207-439-8888) and see what kind of price they can offer. You might be pleasantly surprised.
Should I consider Yamaha Extended Service on engines already out of warranty?
I'd really like to hear from someone who owns a Yamaha, had a major mechanical problem and was covered under an extended warranty.
My view of extended warranties is that they're almost always big money makers for manufacturer and often don't afford the blanket protection you'd really like to have. Read the fine print and you'll see there's lots of wiggle room on the coverage.
Do a little arithmatic and ask yourself if it's a good bet:
Cost of extended warranty: $1800
Estimated cost of major failure: $3600
Guesstimated odds of major failure: 50:1, 100:1, I don't know, but a MUCH higher than 2:1
This is a pretty bad bet for the consumer in my book.
I try to buy quality products (Yamaha in this case) so I wouldn't have to worry about extended warranties.
Should I consider Yamaha Extended Service on engines already out of warranty?
I had a Yamaha 250 EFI powerhead replaced under warranty last summer and if I recall correctly, the yard told me it would have cost over $4,000 -- about $2500 for the parts and 20+ hours of labor. A remanufactured head would be something like $750 less.
There are variety of failures that can cause overheating and blow a powerhead -- fuel system problems, ECM problems, impellers, etc etc. When you factor in how much easier it is to sell a boat with engines still under warranty, I think you're supposed to bite the bullet and get the extended warranty.
Should I consider Yamaha Extended Service on engines already out of warranty?
I suspect you/we are looking for percentages of failures, and that seems to be a secret. Without that actual data there is no real answer to your question. If you are going to lose sleep over this, buy it.
Some of the debate would be in how the previous owner operated the equipment. Some just add gas and go,go,go. One tip from the past was to take a ride with the previous owner if possible, in order to watch how they operated the equipment.
A newer engine will usually look clean unless it is physically beat up. The hours on yours seem to indicate average useage, if it was owned for the two years.
When a clerk offers me an extended warranty on a $25 item, I know that there is money in them there warranties/insurance policies. Everyone is doing it now, even though some items would not be worth the gas to take back.
Should I consider Yamaha Extended Service on engines already out of warranty? 
..... The "YES" warranty says and I quote "There's complete coverage on mechanical defects*" and bellow on the fine print under the "*" it says and I quote "*Excluding those repairs due to normal wear and tear or aging." 
