Happy to see this possibility!
IMO, the fact that it's convenient or not is partially objective and partially subjective:
Subjectively:
- Is the owner going to keep that Varg? If not, will it be sold before or after the original warranty expires?
- Are there any modifications or damages that could void the warranty?
- What would the owner do with that money otherwise? If invested, 1,000 $ can become 1,200 in two years, for example.
- How does the financial situation of the owner look like?
- Will the owner feel annoied more by not having extended and paying an expensive repair or vice versa?
Objectively:
-In general, using a high school approach, if the warranty extension costs an amount that we call WE (for example, WE=599$ for one year), then, without knowing anything else, the extension is convenient for the owner if the overall cost of the repairs, each multiplied by their probabilities, exceeds, WE.
For example:
conditions:
- WE = 999 $ for 2 years
- for semplicity, let's pretend that the battery and the motor are the only parts thats can fail in those two years and that they can only be replaced and not repaired.
- a battery replacement costs 3,000 $
- the probability that the battery will fail in those two years is estimated to be 1/6 (just because it's an easy number to compute here)
- a motor replacement costs 3,500 $
- the probability that the motor will fail in those two years is estimated to be 1/14 (just because it's an easy number to compute here)
execution: (3,000 $ • 1/6) + (3,500 $ • 1/14) = 500 $ + 250 $ = 750 $
750 $ < 999 $, so this should discourage the user from extending the warranty
- We still need to see whether Stark Future will repair or replace batteries and motors after warranty and for how much money.
- We still need to see how they will behave in case it's not clear which component needs replacement; I guess they could tell you to go to a dealer who will try to swap parts, but probably you would pay the labour.
-Funding Stark Future will help it and I think that everybody here wants them to succeed.