Are extended warranties a con

[Speedstar]

Isnt that all covered by Fendt charging £5k extra in the first place?... i understand their not the cheapest tractor on the market

Same money if not less than a JD

 

[Lincsman]

Same money if not less than a JD

Ok but £10 k paid to CNH might buy you a full warranty?

 

[Jim B]

Depends if its a manufacturer warranty, or an "insurance warranty".

The latter isn't really worth the paper its written on, IMHO.

A manufacturer backed warranty can be worth a lot. Depends on what the extra cost is...

 

[tullah]

My last tractor came with a 'free' 5 yr 3000hr warranty. I got offered a service package at the same tine from the dealer so also paid £4k iirc for 5services at 600hr inverval. All labour and filters but not oils. Was lumped in with purchase price.

No such thing as a free lunch.

 

[melted welly]

Ok but £10 k paid to CNH might buy you a full warranty?

So many “get out clauses” in the cnh one last time we changed.

Agco one from my experience is genuinely no questions, have 2 different brands. Best thing I did was the extended warranty on our “big” tractor, saved us over £30k in repair bills in the last 2yr I bet.

 

[dave mountain]

Isnt that all covered by Fendt charging £5k extra in the first place?... i understand their not the cheapest tractor on the market

Bit more than 5k I think you will find, 30k between similar spec fendt and nh

 

[Jackov Altraids]

So many “get out clauses” in the cnh one last time we changed.

Agco one from my experience is genuinely no questions, have 2 different brands. Best thing I did was the extended warranty on our “big” tractor, saved us over £30k in repair bills in the last 2yr I bet.

Not sure how to feel about.......

AGCO were good honouring their warranty but
their new[ish] product needing £30k for repairs

 

[mo!]

The big repair on our NH at less than 5 years old would have paid for the next two extended warranties. Even after CNH helped out...

 

[melted welly]

Not sure how to feel about.......

AGCO were good honouring their warranty but
their new[ish] product needing £30k for repairs

I know, be a bit of head scratching come replacement time

 

[Albert]

From previous experience very little to nothing is covered by the cnh extended warranty. I was told if you can’t see the failed component, ie in the engine, transmission etc that it was covered. That turned out to be incorrect as I had to pay in full for a failed bearing in the transmission.

After that I have never purchased any extended warranty from any manufacturer.

 

[James]

Imo it's a gamble. Some machines will give little or no bother to one man and same machine could break someone else's heart.

 

[fendtfiasco]

Claas Maxi Care warranty is a total waste of money, only a dealer warranty but then Claas seem to specialize in trying to walk away from a machine, extremely fond of the dyno and the laptop.

But guess any of them need to be read in detail.

 

[marco]

From previous experience very little to nothing is covered by the cnh extended warranty. I was told if you can’t see the failed component, ie in the engine, transmission etc that it was covered. That turned out to be incorrect as I had to pay in full for a failed bearing in the transmission.

After that I have never purchased any extended warranty from any manufacturer.

I'd never purchase a NH again

 

[Nigel Wellings]

I am sceptical of Insurer backed extended warranties. I had experience of the CNH one years ago and could never get a claim paid on it. Had family member though who bought 3 year old 2500hr Quadtrack that he ran to 6500 hours over 4 years and the insurance policy taken out via Pecks paid out for new gearbox (£30k plus)on one claim and some rear axle damage on another. You could not fault it, cost was around £5/hour on clock. By the time the engine failed at approaching 7000 hrs nobody would cover it!
I have thought long and hard about our business selling Insurance backed extended warranties and came to the conclusion I did not want to do so because there would be too many problems on claims.