John is right, Winston is straight forward with their warranty. I have bought 3 used Winston rods. I understand that I have no warranty. I decided the cost of the rod without a warranty was worth the risk. I can't afford $700 fly rods, but I'll take a chance on a $350 rod with no warranty. As long as I only break it once and have to pay for a repair, I'm still ahead.
Your mileage may vary.