Absorbing the costs of precision problem solving can be a hassle, especially when a product is still under warranty, but a possible solution may lie in an extended warranty.
In response to maintaining unpaid warranty work on equipment sold to their customers, Ag Info Tech, a precision farming dealership in Mount Vernon, Ohio, decided to shift its policy in 2015. Former CEO, Tim Norris, realized the need for a change when he weighed the costs of maintaining manufacturer's warranties.
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