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Extended Warranty - Worth It?

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  #1  
Old 07-14-2010 | 05:31 PM
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Default Extended Warranty - Worth It?

I have to do something in Aug for my 2009 RKC. Is it worth it?
Jim
 
  #2  
Old 07-14-2010 | 05:39 PM
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izzy
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The experts will tell you that if you put the money you would spend in a bank account and leave it alone except to pay for any repairs that would have been covered you'll have money left at the end of the time the warranty would have expired almost every time. My opinion is if you can afford it easily and want the piece of mind it affords then get it.
 
  #3  
Old 07-14-2010 | 05:40 PM
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DC2009EGUC
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Extended Warrantees is not worth unless you are going to ride and put over 12K+ miles per year on your new bike. Otherwise, best to set aside or save the money...my $0.02...

- DC
 
  #4  
Old 07-14-2010 | 06:00 PM
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panhead49
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I didn't see you mention what the cost was - or what length of coverage ?
 
  #5  
Old 07-14-2010 | 06:31 PM
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It's only worth it if you want some extra peice of mind or if you have a major issue that would cost you more than the extended warranty.
 
  #6  
Old 07-14-2010 | 06:35 PM
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How much do you ride? If you're a barhopper, it's probably not worth it. If you go 20-30,000 miles a year, and you're frequently out of state, it makes sense. My ESP is half paid for thanks to the tire coverage. And at the rate I'm putting miles on the bike, I'll have around 60,000 miles after the initial 2 year warranty is up.
 
  #7  
Old 07-14-2010 | 06:38 PM
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Yes if you are going to ride the crap out of it otherwise definitely a big NO!!
 
  #8  
Old 07-14-2010 | 06:45 PM
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I put 25-30k a year on my bike...I keep $1500 in a "Bike" account for emergencies...I've had six bikes in the last 10 years and never went into my emergency account...But, I may be incredibly lucky...But I do know that someone is making a profit by selling extended warrenties or they wouldn't still be in bussiness so ost people must never need to use them...
 
  #9  
Old 07-14-2010 | 07:42 PM
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With the first 3 Harleys I have owned it would have been a waste of money. With the 09 Tri Glide I'm glad I got it and would recommend it to any one who gets a Tri Glide. Still waiting to see with my 10 Ultra.

Wiltat2
 
  #10  
Old 07-14-2010 | 07:47 PM
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If you ride more than the average rider then it can work to your advantage....if you don't put the money it would cost for the warranty in the bank and let it work for you... I am currently 50/50 on the warranties I have bought in then past for bikes but since I/we now ride a lot more than I/we used to since we are empty nesters we didn't hesitate on extended warranties on our latest bikes.
 


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