PCM Extended Warranty or NO?

[scottrob]

All,

I just bought my 2005 Nautique - yes, '05 at the end of the year, could not pass it up.

Anyway, Seems you can buy the PCM extended warranty for like $1,200 to go from 3 years to 6.

Is this worth it? I have all of year 1 to decide, but wanted to know your experiences / recommendations.


Thanks,



Scott

[OldFart]

RE: PCM Extended Warranty or NO?

ALERT! ALERT! I can't speak for sure, but you need to contact PCM direct to confirm this is legit. I know of people who have been scammed/contacted by a fake PCM AND/or CC "extended warranty." I've received a few concerning my vehicles with the mfr's name BUT were not legit.
Better check it out! BESIDES, as 2nd owner u can transfer the PCM warranty up to the original 3yr coverage i do believe. For a lot less than 1,200 also.

[OldFart]

RE: PCM Extended Warranty or NO?

Scott, possibly ur the 1st owner, not sure. In which case you have a 3yr anyway.

[scottrob]

Perhaps I wasn't very clear. Yes, I am the 1st owner and the "dealer" is the one who approached me with the extended warranty option. I get 3 years out of the box - True. However, for the add'l $1,200, it would take it out to 6 years.

So, my question is really: Is this necessary / worth it. Obviously, I understand the feeling of security - but realistically, from experience do you see this as the right choice? Thanks.

[G-man]

Personally I wouldn't. As mentioned be sure the warranty is by PCM not a third party, if you decide to go that way. Look at what the warranty covers and the excluded items list. Extended warrantys are a profit maker for the dealership. If you do your yearly maintence your engine will treat you right.

[hundo]

G-man what do you think a business should do, not make money on something they sell? A fair profit is fine, not to gouge someone is different. A good extended warranty from the manufacture will protect you in case of major issues, now if its only $1200 to cover 3 more yrs and these boats cost how much?? Make sure you see what the warranty does not cover thats whats important.(I buy factory only) You can do all your maintence correctly and still have a motor blow. If you can afford to repair your boat if something does happen then don't buy it.Piece of mind for many folks. My .2 cents

Don

[bkhallpass]

G-man is correct. Dealers sell extended warranties to make money. That means, that
the average person will not incur costs which exceed the cost of the extended warranty.

In general, if you could afford the repairs if something were to go wrong, then as a matter
of averages and economics, you should forego the extended warranty.

If you could not afford the repairs if something major happened, then you should consider the extended warranty.

It is much like insurance. Most of us pay more in medical insurance than we use. But,
if we were to incur a major accident or illness, we could not afford the bills. Thus
we pay not for what will likely go wrong, but for what could go wrong.

BKH

[hundo]

We did'nt buy one for 2 reasons, one being we knew we would most likely sell it within 3 yrs and second the Larson dealer told us(I just remember this , getting old ) PCM or CC does not offer one so it must be an aftermarket one. Be careful

Don

[nautique95]

I would say that $1,200 will go along way to fix a problem if you have one. Invest your money for three years and then if something goes wrong take your money + what you earned and fix it, then if nothing goes wrong, you are that much farther ahead! I have had four PCM engines and have never had a problem with one. I know that problems arise, but I feel if there is a major defect with the engine you will see it within three years. JMO

[hundo]

So your saying things will break when there new and not when its older and more hrs? How about when you or people in general get older, less things break I guess. You have to look at what things cost compared to what you spend to protect yourself. $1200 is not a lot for trans or other things, especially electrical or computer issues and the cost to diagnois. Howm many people are going to invest that $1200? very very few . Its whatever you feel comfortable with thats why we have choices :grin:

[G-man]

How many people here have had a major component of the engine or tranmisssion go bad in the first six years? If problem was caused by overheat or lack of maintence it doesn't count. Warranties don't cover that.

Is there anyone that could have had a claim if they had the warranty?

[hundo]

So your saying nothing ever goes wrong, no one has ever had a problem with a small block chevy or ford, and if they did it was because they did'nt service it correctly? :shock:

[Quinner]

I have had 5 Nautiques over the past several years, 3 Fords & 2 Chevy's, prior to fuel injection a few carb issues, had a GT-40 for 5 years/500hrs that I never had to touch except fluid/filter changes, Pro-Boss was bulletproof for 10yrs then ignition went. After 5 boats, Exluding Carb issues, I would probably still have money in that $1200.00 account.

[scottrob]

Thanks for the inputs everyone.

I think I'm going to see how this year goes (e.g. don't have to decide until end of 1st twelve months) and if I experience no issues under my normal warranty - think I'm going to roll the dice and trust that CC chose the best engine for the job.

[jon4pres]

How much would a whole new engine cost? I definetly would not do it.