Yamaha Extended Service - YES

[sprint_st]

I'm getting a new FJR.  Is YES worth it?  If so, why?  Actually one year of warrantee period on a bike like an FJR is rather short.  Even Triumph who is not noted for customer service is two years.

[info]

YES. How much are you paying?

[garry]

In my experience (Kawi), dealer cost is 50% of the MSRP on the warranty. You can buy the extended warranty any time while the original factory warranty is active, so up to a year from purchase date. There is no requirement to buy said extended warranty from the same dealer you bought the bike from, so you can shop around for a nice discount (even online), if you want.
 
Like I said, that's how it works with Kawi and I'd guess Yamaha is similar if not the same.
 
I bought an extra two years on my ZX-6R ($280), for a a total of three, because:
 
1) I planned on keeping the bike probably two seasons/years and wanted my ass covered against a tranny blowing up or other major engine issue
 
2) I ride a lot and figured I'd be selling a two year old bike with 20K-30K miles (a lot in the sportbike market). Being able to offer a one year warranty on a "high mileage" (yet right) bike might open the door to more interested buyers or a higher sale price.

[FJRmgm]

extended warranties are rarely used - I never get them and didn't on my '05 FJR.
 
If you persist though, you can get one for slightly over $400 at D&H Cycles in Alabama.

[info]

I thought D&H was under $400? Best place to buy though and well worth it. Includes trip interuption.
D&H Cycle, 18115 US Hwy 31, Cullman, AL 35058, 256-739-1840,  $389. Last I heard.

[nanbil]

Take the money that you would spend on the YES and put it in the bank (interest bearing account) to be used if anything happens during the second and third years.  My opinion is that the overall cost extended warranties (cost of policy + costs of deductibles) are very rarely cost effective.  If something does happen you have extra money in the bank to pay for it, and if nothing happens you have some extra money to but some new stuff.

[shuswaper]

Up here in canada the extended warranty is called "Yamaha Protection Plus" and it`s expensive as hell. Once again, Canucks are being gouged...from cars to motorcycles and electronics...hell, might as well say everything, but health insurance! A one year xtnded warr`y costs $770.; 2 yrs-881.; 3yrs-991. and 4yrs-$ 1288.00. Can u believe it?! BTW, these prices are for @time of bike purchase.It`s even more obscene if purchased later but only available within first 12 months. It`s been my observation (like others have already mentioned) that everyone upstream from the customer, financially benefits. It`s a waste of money.

[garry]

extended warranties are rarely used .

Mine just got (is getting) used. Took the Ninja bike in for its 15K service a little early because it made a horrid noise (briefly) when starting a few weeks ago. The bike was almost a month past the one year warranty. The shop got that same ugly noise when they went to start it after doing the valves/etc. Turns out my cam chain tensioner is bad. Part on the way from Kawi, all covered under the extended warranty. Can't say if they would have covered it or not since it was almost a month out of warranty at that point.
 
Not sure what a CCT costs, but a couple hours of labor and the CCT probably cover the bulk of what I paid for the warranty. You spend your money and you take your chances.

[Bogie]

I bought mine because of all the 'ticking' rumors going around. I got it D & H for $340 about a year ago, right before my 12 month warranty ran out. Did I waste my money? Maybe, 32K miles and no ticks! Figures!

Carl

[Bogie]

Up here in canada the extended warranty is called "Yamaha Protection Plus" and it`s expensive as hell. Once again, Canucks are being gouged...from cars to motorcycles and electronics...hell, might as well say everything, but health insurance! A one year xtnded warr`y costs $770.; 2 yrs-881.; 3yrs-991. and 4yrs-$ 1288.00. Can u believe it?! BTW, these prices are for @time of bike purchase.It`s even more obscene if purchased later but only available within first 12 months. It`s been my observation (like others have already mentioned) that everyone upstream from the customer, financially benefits. It`s a waste of money.

Ouch! My $340 was for three additional years.

p.s. What's a shot of Jack Daniels cost in the waterin' hole up there?

Later, Carl

[info]

Take the money that you would spend on the YES and put it in the bank (interest bearing account) to be used if anything happens during the second and third years.  My opinion is that the overall cost extended warranties (cost of policy + costs of deductibles) are very rarely cost effective.  If something does happen you have extra money in the bank to pay for it, and if nothing happens you have some extra money to but some new stuff.

YES covers 4 and 5 as well. For less than $100 a year and it is transferable to a new owner. No deductible and trip interuption? Bank makes no sense on this one. Oh, I forgot. Unlimited miles as well.
I don't get extended warranties on anything else though.

[JETSET]

Good Info I had one on my 04 I'm trying to get some credit.I paid almost 2x that price from my dealer I will do D&H next year for my 07FJR.

[Yankee Dog]

Statistically no extended warrenties are worth the money.  Companies would not offer them if they knew they were going to lose money.  
 
Yankee Dog

[Baz]

Up here in canada the extended warranty is called "Yamaha Protection Plus" and it`s expensive as hell. Once again, Canucks are being gouged...from cars to motorcycles and electronics...hell, might as well say everything, but health insurance! A one year xtnded warr`y costs $770.; 2 yrs-881.; 3yrs-991. and 4yrs-$ 1288.00. Can u believe it?! BTW, these prices are for @time of bike purchase.It`s even more obscene if purchased later but only available within first 12 months. It`s been my observation (like others have already mentioned) that everyone upstream from the customer, financially benefits. It`s a waste of money.

I was quoted exactly the same price. Needless to say I am still thinking about this one. If you believe my nice salesman, his dealership has never seen one pay off. He tells me that 9/10 he never see's an FJR again when it leaves the dealer.
 
It should also be mentioned how much we get gouged up here on the origional purchase price of an FJR.
 
MSRP of a new FJR 1300A here is $19,099.00 (Can) or $16,612.15 USD
 
The US Yamaha site lists their 2007 FJR 1300A's for $13,799.00
 
 
 
BTW, a shot of J.D. is around 5 bucks.

[info]

Good Info I had one on my 04 I'm trying to get some credit.I paid almost 2x that price from my dealer I will do D&H next year for my 07FJR.

Adding mine tomorrow from D&H. Near cost pricing!

[Bounce]

In the US, D&H is the "go to" dealer for YES contracts. I got mine when I got my 2003 from them ($9999.00 for the bike and $349 for the 48 month YES). The going price for the 48 month YES is now up to $389 but that's still less than one major repair could set you back. Since it's transferrable, it's adds to the value of the bike at resale time.

BTW: The cost differential is helping pay for all those free national services in the land of the canookie.

[bramfrank]

Statistically no extended warrenties are worth the money.  Companies would not offer them if they knew they were going to lose money.  
 
Yankee Dog

I agree with the sentiment - unless, of course you are the one whose machine's transmission explodes or who spins a bearing or snaps a conn rod.

That's part of the mystique of lotteries - except the price of entry is higher.

I have always purchased extended warranties for my 4-wheeled vehicles and I have always profited from those 'investments', so I dug deep and bought the 4 year YPP for a slight discount from my dealer up here in 'gouge-em land'.  Hopefully I won't ever need to claim - but if something does go wrong before May 1, 2011 I'm covered.

[Chips]

When I picked up my '07 from D&H last week they gave me some sound advice. They said to read the original factory warranty and determine if it's worth it to me to extend that coverage for 4 more years (and unlimited mileage). If it is, I should contact them a few weeks before the factory warranty expires and buy the coverage then. That effectively would give me a 5 yr unlimited mileage warranty for $389. I'm not one to buy extended warranties but this seems to be a good deal, especially with the trip interruption compensation.

[mcoyote]

FWIW, my Suzuki extended warranty paid for itself in the last year. Which, BTW, was *its* last year, also -- it expires in May of 2007.

There's two pieces to the "not worth it" statement -- first part is the reliability of the machine, second part is the rider and their usage. The machines are pretty good, but if you put a lot of (routine, not excessive) (a) wear on the bike and (b) actually own for more than two years you're an atypical owner also.

I was an atypical Hayabusa owner -- (a) 22k mi in (b) four years (thinking 40k with all of my bikes) -- but that's below average compared to a lot of the tourers on this board. To make it complicated, my riding was also in bad (corrosive) weather and heavy traffic. If you sound "atypical" also, give that warranty a second thought.

Not saying it's guaranteed to be a net gain, but it may be.

[DNA]

Someone as HOV how he likes his extended warranty service agreement on his VFR!

He is already net positive $5K+ on a $1K policy with several years left to go!

For some, it makes perfect sense - the companies know their customers and average usage.  The typical members of this board are far from typical and must be the loss leaders that cause nightmares for the companies.  If you ride a lot and hold the bike - then get it!

-DNA