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Chris,
Ask your local Merc dealer which extended warranty programs they will accept besides Q-Gard. There are a couple competitors that look good on the surface but if your dealer won't accept them, then what good are they? Also be cautious of the deductible. Some say $100 deductible, but the fine print says $100 for each specific item..............
Your 502 EFI might still qualify for the Merc extended plan which includes engine and drive train and is good virtually anywhere.
Good luck
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