Poll
Question: Did the extended warranty you purchased pay for itself?
Yes, purchasing an extended warranty was the smartest thing I did - 11 (39.3%)
No, The extended warranty was a waste of money - 17 (60.7%)
Total Voters: 25

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Topic: Motorcycle Extended Warranties  (Read 1254 times)
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Baz
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« on: March 15, 2007, 11:35:36 PM »
Just curious to see how many purchased an extended warranty & had it pay for itself. (Motorcycles only)

Only vote if you purchased more warranty than the manufacturer provides in the standard price.
« Last Edit: March 15, 2007, 11:41:08 PM by Baz » Logged
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« on: March 15, 2007, 11:35:36 PM »
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garry
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« Reply #1 on: March 16, 2007, 03:50:14 AM »
Not sure about the "smartest thing I did" part, but I bought an extra 2 years for my 636 (big discount on the warranty). Got to use it last month to have the cam chain tensioner replaced under warranty. Not sure what that repair would have cost, but figure $200-$225 (2 hours labor plus $75 parts). That's close to what the warranty cost me and I've still got 1.5 years left on the warranty. If I have another issue then it was worth the money. If not,  I more or less broke even. Should I sell the bike later this summer, I'm hoping having a year of warranty left will be worth something.
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« Reply #2 on: March 16, 2007, 04:10:52 AM »
Bought the waranty on my '05 FJR. anti tick insurance
Havn't had to use it yet.
Chris
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CBRXXBLACKBIRD
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« Reply #3 on: March 16, 2007, 05:10:46 AM »
Never bought it I never keep the bike long enough  Bigsmile
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« Reply #4 on: March 16, 2007, 06:04:37 AM »
I never buy them on anything. So far, I'm financially ahead. That said, I can fix a lot of things myself.
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spd2918
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« Reply #5 on: March 16, 2007, 06:44:14 AM »
I have one on my bike- the original owner bought 48 months for $600 Bigsmile.  So I have a total of 7 years unlimited miles- I am using it now for a water pump.  I think if they are from the manufacturer and you ride a lot of miles, then they are more than worth it.  Hell, Honda will reimburse me for a rental if there is a warranty fix while on a trip.

Little known fact- If you buy one and sell the vehicle (car, moto, whatever) before the warranty runs out you may be able to cancell it and get some money refunded.  I did it with a Jeep once.  They (the dealer) didn't want to do it, but they did.
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Max Wedge
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« Reply #6 on: March 16, 2007, 04:57:51 PM »
Broken parts are excuses for upgrades.

This also applies to Jeeps.
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« Reply #6 on: March 16, 2007, 04:57:51 PM »

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CanyonCarver
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« Reply #7 on: March 16, 2007, 07:50:10 PM »
I like to buy things, mod them and make them unique. So, I will have my bike 3-4 years, and that's how long my warrenty is.

Extended warranties is a gamble. You either blow a piston or ruin somthing that is very pricy. Or you never need it and it's a waste. Ya never know
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