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I average 15-20k miles per year, have purchased the H-D ESP on my last three bikes and have come out ahead on each of them. As previously noted, if you want the additional coverage, especially the wheel & tire coverage that is optional, you might want to look at getting it close to the date you buy your bike. I've always bought the 7 year plan (2+5), as the price per year is less. If you trade or sell your bike before the ESP expires, remember to cancel it and get a refund, which I've found to be pretty fair.
Fyi, you do not have to purchase it where you bought the bike. You may have to shop around, but the price is negotiable. A friend of mine bought one recently at a discount and was set up with payments at no interest. So, like bikes, there are deals out there.
Got my 1st Harley on black friday was very surprised about HDs warranties only lasting 2 years. Other companies give four years on most of there motorcycles just seems different feel like HD is been nickel and dimeing me since i bought my Road Glide Ultra.
How long to you guys stay with the extended warranty i know you can renew it every two years. Just want to hear from you riders and what you have been doing.
Thanks Happy Holidays to All.
Id like to hear which companies are giving a 4 year factoring warranty on their bikes because I can't think of one.
How has HD nickle and dimed you? If you just purchased your bike its under warrently so you should not be out any money for repairs. If you decided to purchase accessories to add on then that was your decision, I am sure your bike came ready to ride
If you plan to keep the bike the extended warranty is well worth it in my opinion. They have always paid for themselves plus some.
Keep in mind you do not have to purchase it right away. I usually wait right to the last month before the two year factory expires and buy then.
Good luck and enjoy your new bike.
I agree that if you are leaning toward keeping the bike a long time then it is certainly best to wait and purchase it toward the end of the two year factory warranty.
But your statement "they have always paid for themselves plus some" makes me wonder. You must have a horrible history with all your Harley's.
I average 15-20k miles per year, have purchased the H-D ESP on my last three bikes and have come out ahead on each of them. As previously noted, if you want the additional coverage, especially the wheel & tire coverage that is optional, you might want to look at getting it close to the date you buy your bike. I've always bought the 7 year plan (2+5), as the price per year is less. If you trade or sell your bike before the ESP expires, remember to cancel it and get a refund, which I've found to be pretty fair.
Fyi, you do not have to purchase it where you bought the bike. You may have to shop around, but the price is negotiable. A friend of mine bought one recently at a discount and was set up with payments at no interest. So, like bikes, there are deals out there.
You need to break down an ESP, or any aftermarket extended warranty to really understand it. For example, your Harley dealer sells it to you for $1,800. You have it for half the allotted time and get rid of the bike without ever having a claim. You will get around $800 to $850 back after they take away a small service charge plus charge you for the time used (without claims).
The second example, you have the same $1,800 warranty and again you get rid of the bike half way through. But you have had $3,500 worth of claims during that period that the warranty company paid. You remember this because you brag to your buddies how smart you were to have the extended coverage. You asked the warranty company for a refund and they tell you to pound sand because of the claim history.
I know we all like to say it is just like insurance. But in some ways it is not. Plus, if the dealership is charging you $1,800 for that warranty then you can bet it is only costing them around $900 or $1,000.
The best time to get the ESP is when you buy your bike (or soon afterwards) as the price can increase in time.
The ESP's are negotiable just like the bike. I'm waiting until my '17 RGU warranty is about to run out and then see what I can do with negotiating an ESP.
I purchased the 7 year ESP on the last 3 bikes I bought. I got the warranty from day one. I didn't finance the first 2 bikes so I wasn't paying interest on the cost of the ESP.
When I bought a 2002 Ultra Classic I wanted to have ESP in the event that the fuel injection, the radio with CB, or the cruise control had any problems. I don't think that the Tire & Wheel coverage was offered at that time. Well over the 7 years & 135,000 miles the radio never failed however the CB was repaired. The fuel pump was replaced, the cruise control module was replaced, and the stator & regulator were replaced. Also covered by the ESP were the cam chain tensioners that were replaced 3 times. While on a road trip, the $1.50 Detent Arm Spring in the transmission was replaced ... $260 labor, I paid $50.00. And the last covered repair was when it dropped the rear valve guide on the last day of coverage @133,000 miles. I didn't keep records of the value of the covered repairs but I pretty sure that I more than broke even.
Next bike was a 2009 Ultra Classic. 5 years and 108,000 miles later the engine had failed twice. Each repair exceeded $3000.00 (2 crank assemblies and 1 set of cases). The rear tire was replaced due to a puncture. A $400 repair, my cost $0.00 (no deductible on the tire & wheel coverage). I kept better records with this bike and the value of the repairs covered by ESP, during years 3,4, &5, exceeded $10,000.
Someone mentioned something about 'pounding sand' when I requested a refund for the unused portion of the warranty. I traded in the bike with 25 months left on the warranty and 3 months later I received a check for over $600.00. I think it worked out in my favor again.
So far my 2014 Limited has been mostly problem free so I haven't really needed the ESP coverage, thankfully. I just turned 76,000 miles and I've got over 36 months of coverage left, just in case.
I'm not a fan of the extended warranties, but that being said, I know it's usually a few more buck if you wait till just before your standard 2 year one expires then when you buy new - but If you're on the fence, you might be better to wait - just make sure you do it before the 2 year warranty expires
You remember this because you brag to your buddies how smart you were to have the extended coverage. You asked the warranty company for a refund and they tell you to pound sand because of the claim history.
the only time you would be told to 'pound sand' would be if you tried to obtain a full refund during the 60 day right to cancel period and during that time frame you have made a claim. if you have done this, then you would only receive a pro-rata refund based upon the in-service date minus a $35 processing fee. that is spelled out in the esp contract.
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