Agriculture & Farm Equipment Extended Warranty
Extended warranty for farm equipment can be confusing and complex. We currently do not sell or endorse any extended warranty, but we are happy to offer our expertise to help you understand your options.
What Farm Equipment is Usually Eligible?
- Compact Utility Tractors
- Row Crop Tractors
- 4wd Tractors
- Skid Steers
- Self Propelled Forage Harvesters
- Cotton Pickers
- And more!
Farm Equipment Extended Warranty Plan Options
New Farm Equipment
Many OEM’s and/or dealers will offer a discounted price structure or rebate programs on the equipment if extended warranty is purchased at the original point of sale (new). It is a good idea to request a quote when purchasing new and then ask how long the quote is good for. Additionally, some finance companies will also offer an increased residual value if the extended warranty goes beyond the terms of the lease. Additional considerations include:
- What is the term of my base warranty?
- How is the extended warranty coverage different from the base warranty?
- What coverage is available? Are the coverage options different when purchasing it up front versus a delayed purchase?
- Can the plan be transferred if you trade it or sell it before it expires?
Used Farm Equipment
When purchasing used farm equipment, you may be uneasy about the uncertainties. That’s very fair. The cost of a major mechanical failure is enormous. Options for extended warranty plans will vary greatly on used equipment. Some OEM’s and extended warranty providers will offer coverage on equipment 10+ years old. Others may not offer it at all. We advise asking for the history of the equipment including ownership, prior warranty claims, and service history. If it helps you sleep at night to add the extended warranty for used equipment, we suggest the following considerations:
- What coverage options are available?
- What is included in the coverage?
- What is excluded on the coverage?
- Do you have coverage on day 1? Or is it delayed coverage?
Equipment Extended Warranty FAQs
We have compiled a list of all of the Frequently Asked Questions regarding equipment extended warranty. If you can’t find your answer, please feel free to contact us.
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Machinery Scope was founded in 2013 with the goal of improving the way people bought, sold, and managed their farm and construction equipment. We have done this through our equipment appraisals, inspections, and extended warranty plans. In 2018, Machinery Scope introduced Finance Scope, providing innovative finance and lease solutions for the agriculture and construction equipment industries.
Join our thousands of happy customers by contacting us today – our amazing team is ready to help!