All About New Boat Warranties
Understanding the nuances of new boat warranties can help you make a sound investment. Warranties vary greatly depending on the manufacturer and dealership, and they play a significant role in protecting your investment. Knowing what to look for in boat warranties can help you make an informed buying decision and enjoy a satisfying ownership experience. Here's what you should consider about the warranty details!
Types of Boat Warranties
Boat warranties can be limited warranties or extended service contracts. Limited warranties, provided by the manufacturer, help cover defects in materials or workmanship within a specified timeframe. Coverage depth can differ between OEMs like Yamaha®, Mercury®, and others, so reviewing these is beneficial. Extended service contracts offer additional protection beyond the manufacturer’s warranty, covering more areas such as accessories and electronics.
Components Often Covered
Understanding which components are covered under your boat's warranty helps you prioritize potential repairs. Standard coverage generally includes the hull and deck structure, but verify whether items like engines, trailers, or electronic systems fall under warranty terms, too. Each component often has unique coverage specifics based on brands like Suzuki® or Volvo Penta®. Keep these factors in mind during your purchase negotiations.
Lengths of Coverage
Warranties vary not only by what they cover but also by duration. Typically, boat manufacturers offer limited warranties ranging from one to five years for different aspects of the boat. Some dealers offer their own extended service plans beyond this period, allowing for additional peace of mind if unforeseen issues arise after initial coverage expires.
Transferability of Warranty
A transferable warranty can significantly enhance resale value and appeal to used-boat buyers, who may want assurance similar to new models.
We hope you find this informative. If you have more questions or need additional information about boat warranties, contact Anchorage Yacht Basin. We can address your concerns and give you a complete tour of our latest boat inventory. We are in Melbourne, FL, and proudly serve Orlando!