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You Don't The Extended Warranty w/Tire Protection Ain't Worth It? Think Again!
We had a toy run this morning starting from Kannapolis, NC and ending up at Pat Rogers HD in Concord, NC. In the middle of the ride, my rear tire took a nail and went flat. After a few turns (between 15-25 mph) I had the feeling that my back end was getting loose, so I pulled off the road and the tire was done. Pat Rogers, to his credit, had a chaser vehicle behind the ride and towed me back to his store. I presented the service department (which thankfully was open) my extended warranty/tire and wheel protection certificate. Within 1/2 hour, I had a new tire installed. Zero dollars. So, please, don't tell me that the extended warranty and the tire coverage isn't worth the cost. It saved me over $200 today. Hopefully, I will never have to use this coverage again....but, at least, I know it is there when I need it.
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__________________ Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. - Ronald Reagan
Location: Retired and living in the mountains of NE PA
Posts: 1,832
If your extended warranty cost you more than $200, it didn't "save" you anything. You simply prepaid for that tire they "gave" you.
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Steve
NJSP - Retired 4/91 Life Member: VFW, VVA
2008 FLHT "Electra Glide In Blue"
ABS, cruise, chrome engine kit, Biketronics stereo, SE 103 ci kit, SE 1.725 rocker arms, SE intake, SE touring mufflers
Last edited by XTrooper3936; 11-23-2008 at 05:49 PM.
If your extended warranty cost you more than $200, it didn't "save" you anything. You simply prepaid for that tire they "gave" you.
True, but one job on the engine or tranny, it has paid for itself.
__________________ Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. - Ronald Reagan
Location: Retired and living in the mountains of NE PA
Posts: 1,832
Quote:
Originally Posted by russl179
True, but one job on the engine or tranny, it has paid for itself.
Exactly, which means you have to have bad luck to make them worthwhile. The odds are against them ever actually paying for themselves which is why they offer them for sale in the first place.
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Steve
NJSP - Retired 4/91 Life Member: VFW, VVA
2008 FLHT "Electra Glide In Blue"
ABS, cruise, chrome engine kit, Biketronics stereo, SE 103 ci kit, SE 1.725 rocker arms, SE intake, SE touring mufflers
Isn't the same with homeowners insurance? Health insurance?
__________________ Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. - Ronald Reagan
Yep it's an insurance policy is what it is. You are betting that you'll need to use it, and they are betting that you wont. Just another roll of the dice, if you will.
I still think it ain't worth it...A 200 dollar warranty for a 200 dollar repair doesn't sound like a good bet to me. That is far from the risk involved from not having homeowners or health insurance.
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2000 Road King Classic. Andrews 26G cams, SE Stage I, DFO, V&H True Duals with Samson Fishtail Mufflers.
Some like extended warrantees, some don't. I put 20K/year on my bike and tend to keep them for a while. I have a 7 year unlimited mileage warranty that cost me $1840. Do you think that over the course of 140K miles I'll have $1840 in warranty repairs? I think it's a pretty safe bet I will.
Harry
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09 FLHX Pewter Pearl, Danny Gray Big Seat, Hogtunes amp/fairing speakers/lower fairing speakers with painted grills, Clearview dark smoke 6.5" recurve screen, KW Level front fender, chopped TP. Black out and HogTunes pod coming soon!
If you can read this, thank a teacher. If you can read this in English, thank a veteran!
Yep it's an insurance policy is what it is. You are betting that you'll need to use it, and they are betting that you wont. Just another roll of the dice, if you will.
Except the amount you paid could certainly be far exceeded by the amount they pay sometimes. Thats why we buy it. if it was a wash, few would see the need.
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2009 FLTR Road Glide, ABS, Alarm, Red Hot Sunglo - The "last year" of a Great Tourer
Stage 1 = Screamin' Eagle Touring Mufflers (50 States legal & sound GOOD!), Fuel Moto PC-V and A/C, Ultra Tour Pack, Hard Lowers & Chrome Goodies, Clearview +1" w/s, Mini-Beast A/H, HD Split Vision Mirrors, Garmin GPS, HD Oil Cooler, Red Line Synthetics
Some like extended warrantees, some don't. I put 20K/year on my bike and have a 7 year unlimited mileage warranty that cost me $1840. Do you think that over the course of 140K miles I'll have $1840 in warranty repairs...I think it's a pretty safe bet I will.
Harry
Exactly!
I have the same 7 years too (w/o tires) and will make sure I don't void my warranty because chances are good it will more then pay for itself. (I only paid about $1000 for it though.) And if I don't ever use it , it still is an added asset when I go to sell my bike to someone else because it is transferrable. That adds a few extra dollars to the resale price.
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2009 FLTR Road Glide, ABS, Alarm, Red Hot Sunglo - The "last year" of a Great Tourer
Stage 1 = Screamin' Eagle Touring Mufflers (50 States legal & sound GOOD!), Fuel Moto PC-V and A/C, Ultra Tour Pack, Hard Lowers & Chrome Goodies, Clearview +1" w/s, Mini-Beast A/H, HD Split Vision Mirrors, Garmin GPS, HD Oil Cooler, Red Line Synthetics
You Don't The Extended Warranty w/Tire Protection Ain't Worth It? Think Again!
