Is MF "Protection Plan"worth it?

octagon · Post by **octagon** » Tue Dec 12, 2006 10:30 am

Is it worth buying the "Gold Coverage" for a new Rick?

shamustwin · Post by **shamustwin** » Tue Dec 12, 2006 10:39 am

Arrgh, what be the gold plan?

octagon · Post by **octagon** » Tue Dec 12, 2006 10:45 am

It's an added on warrenty:

http://mf.custhelp.com/cgi-bin/mf.cfg/php/enduser/std_adp.php?p_faqid=901

shamustwin · Post by **shamustwin** » Tue Dec 12, 2006 10:58 am

Thanks, so after the Rickenbacker warranty is up, they'd take over?

ken_j · Post by **ken_j** » Tue Dec 12, 2006 11:16 am

Looks like it only covers the electronics. If you read what it dosen't cover it lists non-electric guitars. This is probably alright for an amp, keyboard, or other electronic gear but I think it is a waste of money on a passive electric guitar. Or am I missing something?

rikk · Post by **rikk** » Tue Dec 12, 2006 12:50 pm

These added warrentys are a cash cow for the sellers. Usually not worth the money. The few exceptions would be Apple Care for a Mac computer, but most of the time I pass on them.

octagon · Post by **octagon** » Tue Dec 12, 2006 1:27 pm

Yeah,the Apple Care is mandatory for I-Pods.The hard drive went bad on my son's $199.00 I-Pod and a new or used one costs about $160.00 and Apple won't fix broken I-Pods.

wj350 · Post by **wj350** » Tue Dec 12, 2006 1:30 pm

Of all the guitars I've bought, only two had issues--one was damaged on delivery (from MF), and they handled the whole thing for me, no questions, no extra warranty; the other was a manufacturing flaw, and the store I bought it from handled the return, again, no questions, no extra warranty.

I'm sure there are examples/exceptions, but I've never had anything go wrong with a guitar where a warranty like this would be needed.

webhead · Post by **webhead** » Thu Dec 14, 2006 2:51 am

I think the additional warranty is a joke for anything, but except for TVs. Everytime I go into Best Buy they ask me if I want to buy a protection plan, I got it once for a PC and it was a total joke. We had a thunderstorm last year, lightning hit near my house, actually on the ground in the back, my PC was on, it was plugged into a surge protector, the PCs media card and hard drive was fried. Best Buy wouldn't fix it, they said it was negligence. Like I knew where the lightning was going to strike.

I never bought one for a guitar, and I never got one for an iPod.

webhead · Post by **webhead** » Thu Dec 14, 2006 2:54 am

Would they cover climate change damage?

jps · Post by **jps** » Thu Dec 14, 2006 2:36 pm

How can that be considered negligence?

bbobb24 · Post by **bbobb24** » Fri Dec 15, 2006 1:52 am

I've never bought extended warrantys for anything, I've never believed in them. But then over the summer my girlfriends cad needed wheel barrings and something else which I can't remember right now. She bought the extended warranty when she bought the car back in 01 and everything was covered with no hasstle at all. Then again, the repairs would have probably have been cheaper than the coverage...

I don't understand what could go wrong with a guitar, as long as it's well maintained, so why give the store more money?

leesh · Post by **leesh** » Sat Dec 16, 2006 8:39 pm

I used to work for a large electronics retailer through college and was tasked with selling the extra protection plans. I always sold the least because people would ask me my opinion on it and I'd be honest (not brutal - I'd say the pro's and con's with going with or against). The problem was the top 3 reasons a piece of equipment was returned was not covered under the extra warranty (screen damage to laptops and cell phones being the major one).

I was a repair tech anyways and not a salesperson. Some retailers have the "unlimited" damage plans where they'll cover accidents and things like that. However, be wary of ones that merely extend the basic MFG warranty.