Extended Warranty
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Intermediate
Joined: Sep 2007
Posts: 42
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Extended Warranty
I just purchased a 2011 Street Glide with under 5K miles and am thinking about getting an extended warranty. Price I'm being quoted is...
1 YEAR $1249
2 YEAR $1569
3 YEAR $1849
$50.00 deductible per claim. Is this a good price for an extended warranty? Do most people think this is something worth getting? I'm leaning towards getting the 2 or 3 year, just for the peace of mind. Would appreciate some feedback. Thank you in advance.
1 YEAR $1249
2 YEAR $1569
3 YEAR $1849
$50.00 deductible per claim. Is this a good price for an extended warranty? Do most people think this is something worth getting? I'm leaning towards getting the 2 or 3 year, just for the peace of mind. Would appreciate some feedback. Thank you in advance.
Road Captain
Joined: Dec 2012
Posts: 577
Likes: 20
From: Reno
This is one of those instances....
If you buy the warranty... you won't need it.
If you elect not to buy the warranty... something will ***** the bed and you will kick yourself.
Everyone's experience is different.
If you buy the warranty... you won't need it.
If you elect not to buy the warranty... something will ***** the bed and you will kick yourself.
Everyone's experience is different.
Road Captain
Joined: Nov 2009
Posts: 698
Likes: 13
Just a little extra peace of mind.............Another form of insurance. I got when I purchased a used bike last year and I am glad I did buy it.
Saved me a good deal of change with a flat out in BFE Arkansas this year. Also cost me $50 for a compensator that had to be replaced.
Saved me a good deal of change with a flat out in BFE Arkansas this year. Also cost me $50 for a compensator that had to be replaced.
Stellar HDF Member
Joined: Mar 2013
Posts: 2,717
Likes: 1,820
From: In a house
I paid a touch under $1600 for the 3 year on my 13 RG, so you may be able to negotiate a better price. Of course it's a waste of money if you never have to use it, but I was willing to take the chance. The 3 year is the best bang for the buck in my opinion and if you sell the bike sooner than that you get a chunk of it back.
Extreme HDF Member
Joined: Jun 2011
Posts: 14,731
Likes: 2,536
From: Mountain Top, Alabama
For me, it's a piece of mind thing.
You might come out ahead, you might not - you decide.
But consider - if you cheap out and don't get it, you got a plan of action and considered the cost of repairs and towing? Don't take much to eat up $1,000.00 on these machines...
You might come out ahead, you might not - you decide.
But consider - if you cheap out and don't get it, you got a plan of action and considered the cost of repairs and towing? Don't take much to eat up $1,000.00 on these machines...
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Grand HDF Member
Joined: May 2008
Posts: 4,585
Likes: 673
From: Rolla
These are not really warranties at all.
They are 3rd party insurance plans. And on average they take in way more money than they ever pay out.
They are betting that nothing goes wrong with you bike during the covered period.
You are betting that enough goes wrong, that the cost of fixing it would be more than the price you payed out for the plan.
Take that $1,849 and put it in the bank for when the time "might" come you need it.
There is a much greater chance that you will have money left over at the end of 3 years.
They are 3rd party insurance plans. And on average they take in way more money than they ever pay out.
They are betting that nothing goes wrong with you bike during the covered period.
You are betting that enough goes wrong, that the cost of fixing it would be more than the price you payed out for the plan.
Take that $1,849 and put it in the bank for when the time "might" come you need it.
There is a much greater chance that you will have money left over at the end of 3 years.
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