When it comes to purchasing construction equipment, extended warranties can provide a great deal of assurance. An extended warranty is an insurance policy that covers repairs and replacements for a specified period of time after the initial purchase. ADI Agency is the only company that offers products created exclusively for construction equipment dealers and OEMs, by insurance experts who have extensive practical experience in the construction industry. This type of warranty can be extremely useful when selling new or used construction equipment. For dealers, extended warranties offer many advantages.
ADI Agency's extended warranty may pay the dealer a 100% labor and parts fee, which is a major benefit. Additionally, extended warranties save dealers from having to negotiate with customers since they are covered, and they don't have to worry about wasting money on a service job or part. Tracey Road provides superior products and services backed by excellent customer service. Extended warranties for construction equipment provide peace of mind and increase customer satisfaction during the ownership experience. Many machine owners feel they need more protection than the standard warranty.
Extended guarantees are a great way to protect your cash flow and minimize the risk of doing business. They also provide additional protection that protects you from risk and stress. In addition, extended warranties are a valuable management tool, as they offer fixed costs for repairs to covered and qualified machines for a specified period of time. The standard warranty promises that we will repair or replace parts of John Deere compact construction equipment (CCE) that have defects in material or workmanship during the first two years or 2000 hours, whichever occurs first after delivery. There are also specialized warranties that cover certain pieces of machinery rather than the entire machine.
Most people who have warranties on their equipment avoid “manipulating” the machine and replacing parts on their own because they believe that the dealer will reject a warranty request in the future. Some construction companies consider equipment guarantees to be a necessary evil, while others ignore their importance and hope for the best. Warranties provide some business owners with peace of mind by reducing expenses, increasing the resale value of their equipment, minimizing downtime, and ensuring quality repairs. The standard warranty promises that we will repair or replace parts of John Deere Construction & forestry equipment that have defects in material or workmanship during the first 12 months after delivery. In my 30 years as a sales representative, manager and owner of a business in the construction equipment industry, I have seen firsthand how customer participation in extending the warranty is unpredictable. Most construction managers decide whether or not to purchase an extended warranty when purchasing equipment. Extended warranties for construction equipment can be extremely beneficial for both customers and dealers alike.
They provide peace of mind by reducing expenses, increasing resale value, minimizing downtime, and ensuring quality repairs. Ultimately, extended warranties are an invaluable tool for protecting your cash flow and minimizing risk when doing business.
