Can you wheel and deal on extended warranities?
#32
#34
Join Date: Jul 2007
Location: US poverty capital, california
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The issue I have with the extended warranty is this:
I want a 7 year...
I spend $XXXX amount the day I buy the bike and i am covered from day 1 for 7 years....
now,
I wait until the last day of the 2 year warranty period and then buy the 7 year, but now it only covers me for 5 years, but I still have to spend the same $XXXX
I want a 7 year...
I spend $XXXX amount the day I buy the bike and i am covered from day 1 for 7 years....
now,
I wait until the last day of the 2 year warranty period and then buy the 7 year, but now it only covers me for 5 years, but I still have to spend the same $XXXX
#35
The issue I have with the extended warranty is this:
I want a 7 year...
I spend $XXXX amount the day I buy the bike and i am covered from day 1 for 7 years....
now,
I wait until the last day of the 2 year warranty period and then buy the 7 year, but now it only covers me for 5 years, but I still have to spend the same $XXXX
I want a 7 year...
I spend $XXXX amount the day I buy the bike and i am covered from day 1 for 7 years....
now,
I wait until the last day of the 2 year warranty period and then buy the 7 year, but now it only covers me for 5 years, but I still have to spend the same $XXXX
We bought the warranty because of the known problem with the cam chain tensioners. I would have been better off immediately replacing the cams with gear drives at time of purchase. What I spent on the warranty would have paid for the cams !
#36
Not sure about other states, but in PA. a dealer is allowed to mark up and extended automotive extended service contract by a maximum of 100 percent. If there cost is 400.00, they are allowed by law to charge a max of 800.00. You can check with the PA Automotive Association on this. A dealer is foolish in my opinion not to negotiate their price or even pass these contracts at cost. The customer is covered and the dealer is assured that any extended warranty work will come back to the dealer ship, which would likely across the board exceed the profits they may have initially made on those warranties. The customer wins..and the dealer wins. Unfortunately, automotive (cycle dealers are included in this) are all to often greedy and only looking at the bird in hand money rather than the long term return of captive service work and customer satisfaction. When purchasing a motorcycle I would by all means negotiate the price of any extended warrantys by up to half of what they ask and make it a condition of sale...You are likely to find they will bend.
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