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Hi
I just received a notice from JD about getting a four year extention on the warranty. 1200 I think but is this a good deal?


Also I have the 5yr zero int but I thought this also included insureance is this the same thing or ?

I am a first time owner so not sure which way to go and hope no on gets offended or think I am wasting their time asking

Thank you :usa
 

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Also I have the 5yr zero int but I thought this also included insureance is this the same thing or ?

The insurance you bought when you financed the machine is a loss policy. It covers things like if it is stolen, catches fire, etc.. It's really to protect JD Financial. If someone stole your tractor and you still owed 4 years worth of payments, would you still pay it off? (You might. But a lot of people wouldn't!)

But that policy won't cover repairs. So if the engine dies while you're out driving down your driveway, that policy won't cover the cost of getting that fixed.
 

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The extension is for the warranty. I’d take a hard look at what it covers that the remaining power train warranty doesn’t. For example, it probably doesn’t cover accessories that you might not think are accessories, such as a loader, backhoe, mower deck or add-ons such as an engine heater. Probably not wear items such as batteries, coolant, belts, tires, either. I took a hard look at one of those offers and concluded that it didn’t cover enough to justify its cost, but you might reach a different conclusion, or have a different offer than I had. My point is make sure that you read the fine print.


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When I purchased my 1025r fel mmm, it was from a newly acquired / franchises dealer in the area. Like automotive warranties there is a COST price & an MSRP price for the extended coverage. Seeing how they were new & I purchased in the first month of such they had a special on the extended coverage a little over 500 or so... I figured "my 0% payment are stretched at 60 months the warranty should be too for the price of 1.5 the monthly payment". Cheap insurance given a short block for these are in excess of a few thousand dollars. Just my .02 cents


P.s. "explain the insurance for financing" when I purchased my tractor I had to show proof the tractor was covered under my homeowners but was not required to purchase extra.
 
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