renew warranty or let it expire?
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Road Master
Joined: Sep 2010
Posts: 1,208
Likes: 7
From: Chicago Area
renew warranty or let it expire?
Bought my Nightster used last year from a HD dealer with a one year warranty. The warranty was a must on it cus I didn't want to risk buying a polished up piece of crap and being stuck trying to figure it out. I did not have any problems and after running it for a season, I do not anticipate any either. So, question is do I renew it or let it lapse?
I am mechanically inclined and have rebuilt multiple engine/ trans combos in the past on cars but never worked on a bike before. Basically it's about $600 a year that could probably be spent wiser! I think if I were looking to sell it, the warranty would be a good incentive to prospective buyers, but i have no intention to get rid of it.
Let me know your thoughts. M
Thanks, MC24
I am mechanically inclined and have rebuilt multiple engine/ trans combos in the past on cars but never worked on a bike before. Basically it's about $600 a year that could probably be spent wiser! I think if I were looking to sell it, the warranty would be a good incentive to prospective buyers, but i have no intention to get rid of it.
Let me know your thoughts. M
Thanks, MC24
Seasoned HDF Member
Joined: Mar 2010
Posts: 38,416
Likes: 6,366
From: Honah Lee
Bought my Nightster used last year from a HD dealer with a one year warranty. The warranty was a must on it cus I didn't want to risk buying a polished up piece of crap and being stuck trying to figure it out. I did not have any problems and after running it for a season, I do not anticipate any either. So, question is do I renew it or let it lapse?
I am mechanically inclined and have rebuilt multiple engine/ trans combos in the past on cars but never worked on a bike before. Basically it's about $600 a year that could probably be spent wiser! I think if I were looking to sell it, the warranty would be a good incentive to prospective buyers, but i have no intention to get rid of it.
Let me know your thoughts. M
Thanks, MC24
I am mechanically inclined and have rebuilt multiple engine/ trans combos in the past on cars but never worked on a bike before. Basically it's about $600 a year that could probably be spent wiser! I think if I were looking to sell it, the warranty would be a good incentive to prospective buyers, but i have no intention to get rid of it.
Let me know your thoughts. M
Thanks, MC24
Last edited by Jackie Paper; Apr 7, 2011 at 07:31 AM.
Stellar HDF Member
Joined: May 2007
Posts: 3,254
Likes: 521
From: USA
It's a gamble.
$600 a year versus potential cost of failures.
A - You state the bike has been flawless.
B - You could use the $600 in other places.
C - You are mechanical.
How any miles you ride each year should also be factored.
Where you ride to too (interstate or local).
Equate the odds of a breakdown and a tow.
Make list search for known failures on your year model XL and attain the parts cost.
For example Rocker Box Cover leak....DIY = $60. Shop = $250.00.
Reads like you could fore go the warranty and take the proverbial risk, yet only you can decide.
$600 a year versus potential cost of failures.
A - You state the bike has been flawless.
B - You could use the $600 in other places.
C - You are mechanical.
How any miles you ride each year should also be factored.
Where you ride to too (interstate or local).
Equate the odds of a breakdown and a tow.
Make list search for known failures on your year model XL and attain the parts cost.
For example Rocker Box Cover leak....DIY = $60. Shop = $250.00.
Reads like you could fore go the warranty and take the proverbial risk, yet only you can decide.
Seasoned HDF Member
Joined: Mar 2010
Posts: 38,416
Likes: 6,366
From: Honah Lee
For example Rocker Box Cover leak....DIY = $60. Shop = $250.00.
is more like DIY = $60. Shop = $250.00. Warranty $650. So the DIY is really only $10. My Harley warranty was $50 deductible and did not include towing.
When my bike had it it was used twice (two $50. charges) and they never did find the problem. I finally fixed it. See my album for the alternator rotor. Towing is free on Progressive Insurance policies
is more like DIY = $60. Shop = $250.00. Warranty $650. So the DIY is really only $10. My Harley warranty was $50 deductible and did not include towing.
When my bike had it it was used twice (two $50. charges) and they never did find the problem. I finally fixed it. See my album for the alternator rotor. Towing is free on Progressive Insurance policies
Account Deactivated
Joined: Oct 2009
Posts: 1,757
Likes: 8
From: Central Florida
People who buy extended warranties often buy them on multiple Items,,'
They would not offer them unless they can trun a profit.
Just like casino gambling,,odds are stacked in the House's favor.
Shure your gonna hear of people getting them and needing them,,
But yer not gonna hear the many say they never needed It.
Most times If a Sportster engine fails after a year or 5-10-20,000 miles
It's because of the owner and or level of maintenance,,or doing the
maintenance wrong or miss use,
Or bad rding habbits.
You "Hammer" any engine and you Increase the odd's of a failure..
I would never pay for the possiblity of future repairs unless they would give me my
money back at the end if not used..
And we know thats not gonna happen.
Follow me??
They would not offer them unless they can trun a profit.
Just like casino gambling,,odds are stacked in the House's favor.
Shure your gonna hear of people getting them and needing them,,
But yer not gonna hear the many say they never needed It.
Most times If a Sportster engine fails after a year or 5-10-20,000 miles
It's because of the owner and or level of maintenance,,or doing the
maintenance wrong or miss use,
Or bad rding habbits.
You "Hammer" any engine and you Increase the odd's of a failure..
I would never pay for the possiblity of future repairs unless they would give me my
money back at the end if not used..
And we know thats not gonna happen.
Follow me??
Elite HDF Member
Joined: Nov 2006
Posts: 4,525
Likes: 8
From: Wheeling, WV
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Road Captain
Joined: Oct 2010
Posts: 726
Likes: 0
From: New Jersey
"I would never pay for the possiblity of future repairs unless they would give me my
money back at the end if not used..
And we know thats not gonna happen." Osco
I agree 100% ... Odds are def in the dealers favor otherwise why would they offer it to you ? it like insuring your bet in black jack ... its a suckers bet imo !
money back at the end if not used..
And we know thats not gonna happen." Osco
I agree 100% ... Odds are def in the dealers favor otherwise why would they offer it to you ? it like insuring your bet in black jack ... its a suckers bet imo !
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Road Captain
Joined: Jul 2009
Posts: 586
Likes: 1
From: Falcon, CO
Things fail either early in life or towards the end of life. So depending on mileage I would say No.
http://en.wikipedia.org/wiki/Bathtub_curve
http://en.wikipedia.org/wiki/Bathtub_curve
