Hi Chris!
I like the idea for sure, that is pretty cheap considering everything you get, especially for 36 months. One question though, I am not sure how they can legally claim, "Non-OEM accessories and modifications void coverage." Courts have clarified this over and over again, according to the Magnuson - Moss Warranty Act The federal minimum standards for full warranties are waived if the warrantor can show that the problem associated with a warranted consumer product was caused by damage while in the possession of the consumer, or by unreasonable use, including a failure to provide reasonable and necessary maintenance.
Merely installing an aftermarket device on a vehicle in no way shows that a problem was caused by the device.
Are you familiar with this? Again this is a very minor concern and just wanted your opinion as someone with a lot of experience in the industry.
THANKS!
Yes I have a good of experience with this at least on the ORV side of this program... Overall common sense is king. I am not a legal expert and I do know that laws are different in every state, but basically in the past claims become a problem when an element of the machine is modified in a way that alters the original engineering of that vehicle.
To give examples in terms of a Polaris RZR.
1. a customer purchases an aftermarket roof and then has an engine problem... this clearly unrelated and in my experience never been a problem.
2. A customer installs a turbo kit and turns a 108hp rzr in a 190hp rzr, he then blows up an engine... Polaris would then not cover this because they would say we didn’t engineer the product to do that and cant be responsible for the failure, which in my opinion is common sense.
3. Customer installs a 2 inch lift kit and throws on some giant mud tires to go with it, he then experiences a transmission issue. Polaris would not cover this because again by raising the machine and running a larger than stock tire you change the physics of everything possibly leading to the failure of the related component.
4. Now here comes the grey area.... the lift kit and big tires are installed and you now have an engine problem. Situations like this are more of a case by case basis and Polaris is Judge, Jury and Executioner on the decision.
That all being said, I have sold almost 1000 of these to local customers and forum members for various Polaris products over the past 5 years. In all my experiencing selling and processing claims I can only remember a small handful of examples where I thought the customer was in the right and a claim was not able to be approved. If you want to read through a huge amount of discussion about it, below is the link to my large warranty thread on rzrforums. Its 24 pages and several years of posts on the program.
http://www.rzrforums.net/fixmytoys-...-plan-warranty-exclusive-pricing-members.html
Like I said it really comes down to common sense and also the quality of the service department of your local dealer doing the work. Your dealer is your only voice when fighting with Polaris in a claim and the more work they put into properly presenting the issue goes a long way in the likelihood that things will go your way.
At the beginning of this year Polaris re-vamped this entire program, taking it in house (formerly it was backed by Assurant) and this has made the entire claims process eaiser for dealers because it uses the exact same process and system as factory warranty claims.
The last thing I would like to mention is that we were all shocked on the price... it may be because it is an on road machine vs. off-road but to give you an example the RZR XP1K 5 year warranty (factory warranty + 54 additional months) retails for $2125 and the price tag on that model is slightly lower than a Slingshot.
Extended warranties are not for everyone, but if you’re looking for some extra peace of mind I think there is a lot of good value here especially considering they are fully transferable. Just be aware that any type of modification you do to the machine that alters the mechanical and in some cases the electrical engineering of the machine could result in coverage not getting approved... just use common sense and there won't be any surprises.
hope that helps..
