Extended Treadmill Warranties Make Sense!
I just got an email from an owner of a Proform treadmill. There are some serious problems, and the treadmill is past the one year warranty coverage. They are asking what they should do, since they paid $1,000 for it.Â
There are two alternatives. They can pay to get it fixed, which may be very expensive, and current issue could be the beginning of a series of problems. Or they could buy a new treadmill that is built to last.Â
Of course, what they should have done in the first place was get an extended warranty. Whenever you purchase a treadmill for $1,000 or less you are getting into the budget category. In most cases, these treadmills will withstand every day usage and hold up, but the odds are they are more likely to break down in comparison to a more expensive unit. These treadmills just don't have the quality components of the more expensive units, and they lack the refine engineering.Â
It is like playing the odds in Vegas. That is why with budget treadmills I encourage people to extend the warranty by a year or two. Especially if you are buying a cheap treadmill with a 90-day parts and labor warranty. You'll find these extended warranty don't cost all that much more. You often can get a two year extension for under $100.Â
If you pay less than $1,000 for a treadmill and it has a major break down, it generally is not worth the money to get it fixed. Now if you paid $2,000 than it generally is worth the cost because the fix is probably going to last. Â
So if you are considering buying a budget machine, $1,000 or less, spend a little extra to cover your investment.Â
Note: For a moderate price treadmill with a excellent standard warranty check out the Sole F80. Comes with 2-year labor, 5-year parts and lifetime motor warranty.Â
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January 15th, 2008 - 13:12
I agree that an extended warranty is a good idea – I don’t usually pay for them on anything because they add so much to the purchase price but for treadmils they are a good idea. Repairs are pretty costly as it is usually the motor which goes – the most expensive part of course – and they do break down a lot – that’s why the warranty on many treadmills is so short.