Extended warranty
#1
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Ok, so at my 1K service I inquired about paying to extend the warranty from 2 years to 5 years, so paying for an extra 3 years. I was told that I had to do that at the end of the two year manufacture warranty. Otherwise, doing it now would mean I would eat up two of the 3 additional years I paid for, with the first two years of the manufactures warranty.
I'm fine with that IF the guy at the dealer is correct..The last thing I want is to go in there at 2 years, and find out I had to buy the additional warranty when the bike was new,as in NOW.
I'm fine with that IF the guy at the dealer is correct..The last thing I want is to go in there at 2 years, and find out I had to buy the additional warranty when the bike was new,as in NOW.
#2
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It sounds like you got bad info. From my experience in the last month, you can purchase the additional warranty at any time. The longer you wait, the more the price might go up. I was told that the extended warranty actually covers more than the base warranty. I think I paid under $2K for full warranty for 5 years.
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stixvrad (04-25-2017)
#3
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It sounds like you got bad info. From my experience in the last month, you can purchase the additional warranty at any time. The longer you wait, the more the price might go up. I was told that the extended warranty actually covers more than the base warranty. I think I paid under $2K for full warranty for 5 years.
Last edited by stixvrad; 04-25-2017 at 02:31 PM.
#4
#5
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if you purchase the ESP after 30 days or 2000 miles of bike purchase it cost more. you can add addt'l years to your factory 2 year warranty which begin upon factory warranty expiration, however, the extra benefits of the ESP are effective upon purchase of ESP..the 30 day caveat may have some implications in that but not sure..you can purchase it before the factory warranty expires and afterwards as well at addt'l cost and some limitations come into play..those Finance doughballs oughta' be able to spell it out in comprehensive terms
Last edited by mjwebb; 04-25-2017 at 02:41 PM.
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stixvrad (04-25-2017)
#6
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here's my understanding..if you purchase the ESP after 30 days of bike purchase it cost more. you can add addt'l years to your factory 2 year warranty which begin upon factory warranty expiration, however, the extra benefits of the ESP are effective upon purchase of ESP..the 30 day caveat may have some implications in that but nort sure
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boston jim (04-26-2017),
mjwebb (04-25-2017)
#7
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Dealer was correct but he/she just didn't explain it properly. Yes it's cheaper to get it now, and yes it's really not an extra 3 years you get. There is an "overlap of coverage" that turns your first two years into a more extensive coverage plan, as opposed to the regular factory two year, unlimited miles warranty. This option is only available if you purchase the ESP early while the bike is still considered "new." Depending on what type of coverage you are paying for, your extended warranty, in this case your ESP would probably expire at the end of 2020 or early 2021. Ask them for details of coverage. Mine expires on Nov 2020.
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stixvrad (04-25-2017)
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#8
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Dealer was correct but he/she just didn't explain it properly. Yes it's cheaper to get it now, and yes it's really not an extra 3 years you get. There is an "overlap of coverage" that turns your first two years into a more extensive coverage plan, as opposed to the regular factory two year, unlimited miles warranty. This option is only available if you purchase the ESP early while the bike is still considered "new." Depending on what type of coverage you are paying for, your extended warranty, in this case your ESP would probably expire at the end of 2020 or early 2021. Ask them for details of coverage. Mine expires on Nov 2020.
#9
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Make sure you renew it before your other coverage expires. It is my understanding that if your existing coverage expires before you purchase the ESP, then your dealer will charge you to inspect and possibly service your scoot, before adding the ESP to ensure there is nothing wrong with your bike. At least that is how my service guys explained it to me.