extended service plan
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Joined: Jan 2015
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From: Iowa
extended service plan
is it a good investment to purchase an extended service plan when buying a used Harley/ any bike........... do dealerships have room to negotiate the price of such plans? $1900 3 years (everything is covered) thanks for the input ahead of time 
Extreme HDF Member
Joined: Sep 2010
Posts: 14,744
Likes: 402
From: Phoenix '53, '88, '09 Big Twins
don;t use the word investment- it is an expense.
so is your bike.
you get 2 years of factory warranty with your new motorcycle.
so
is that 3 years on top of 2 equals 5? or 1 year on top of 2 equals 3 ?
read over the warranty contract- it is NOT with Harley-Davidson Motor Company or likely not the Dealer- it is with a 3rd party.
this contract is equal to about 10% the cost of the bike (and more if you are paying to finance it...)
pertinent questions:
exclusions- can you do common mods such as a tuner? don;t take a verbal- what does the contract say? can you change your wheels, shocks, exhaust?
does it cover added parts HD or other brand installed by you, or a shop or the dealer?
who does the repairs?
who can do routine services- under the HD warranty anyone can- even the owner.
some 3rd party warranties require the work done by specific shops.
where are you covered?
what if you are in Manitoba? or Omaha, or Vegas
what happens if the servicing company goes under?
those answers should be in the contract.
a.) you won;t find it online so you can look it over at your leisure
b.) you won;t find it at the parts counter or sales office until you are in the middle of negotiating a deal.
when you have no time to assess what is being sold.
the guy across the desk from you will earn $$$ if you sign up...yes, he IS your Friend...
Mike
so is your bike.
you get 2 years of factory warranty with your new motorcycle.
so
is that 3 years on top of 2 equals 5? or 1 year on top of 2 equals 3 ?
read over the warranty contract- it is NOT with Harley-Davidson Motor Company or likely not the Dealer- it is with a 3rd party.
this contract is equal to about 10% the cost of the bike (and more if you are paying to finance it...)
pertinent questions:
exclusions- can you do common mods such as a tuner? don;t take a verbal- what does the contract say? can you change your wheels, shocks, exhaust?
does it cover added parts HD or other brand installed by you, or a shop or the dealer?
who does the repairs?
who can do routine services- under the HD warranty anyone can- even the owner.
some 3rd party warranties require the work done by specific shops.
where are you covered?
what if you are in Manitoba? or Omaha, or Vegas
what happens if the servicing company goes under?
those answers should be in the contract.
a.) you won;t find it online so you can look it over at your leisure
b.) you won;t find it at the parts counter or sales office until you are in the middle of negotiating a deal.
when you have no time to assess what is being sold.
the guy across the desk from you will earn $$$ if you sign up...yes, he IS your Friend...
Mike
Last edited by mkguitar; Feb 26, 2015 at 12:18 PM.
Stellar HDF Member
Joined: Nov 2005
Posts: 3,183
Likes: 836
From: KMHT KFMY
The issue I have with extended warranties is who is the company.
Why HD does not bring it in house is beyond me, unless they think it is not a wise investment for them....
There is negotiation on that price, you used to be able to buy them from out of area dealers for short money on the internet but I heard there was some push back by the dealers on that.
I love the look on the F&I guys face when he tries to sell me an extended warranty and I reply " gee I am starting to have second thoughts about buying this because if you have to push an extended warranty for it it must not be a very good product"
and for the record I never buy an extended warranty, I am tens of thousands of dollars ahead of the game when the cost of repairs is compared against the cost of the policy.
Why HD does not bring it in house is beyond me, unless they think it is not a wise investment for them....
There is negotiation on that price, you used to be able to buy them from out of area dealers for short money on the internet but I heard there was some push back by the dealers on that.
I love the look on the F&I guys face when he tries to sell me an extended warranty and I reply " gee I am starting to have second thoughts about buying this because if you have to push an extended warranty for it it must not be a very good product"
and for the record I never buy an extended warranty, I am tens of thousands of dollars ahead of the game when the cost of repairs is compared against the cost of the policy.
Extreme HDF Member
Joined: Sep 2010
Posts: 14,744
Likes: 402
From: Phoenix '53, '88, '09 Big Twins
and they can always shake their head an commiserate with the rider who has a claim denied or the servicing company is gone
read this:
http://www.edmunds.com/auto-warranty...nty-scams.html
mike
Ultimate HDF Member
Joined: Dec 2013
Posts: 6,044
Likes: 336
Long story short with extended warrantees.....
the Company holding the policy is betting you won't need it
the Person buying the policy is betting they will need it
It's not till the policy is over the winner emerges....
the Company holding the policy is betting you won't need it
the Person buying the policy is betting they will need it
It's not till the policy is over the winner emerges....
Stellar HDF Member
Joined: Jun 2010
Posts: 2,553
Likes: 13
From: Sussex, South of England
Is the "extended service plan" that the OP talks about the same as "extended warranty" mentioned in most replies the same thing?
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Road Captain
Joined: Nov 2009
Posts: 698
Likes: 13
To the OP.............Its your money and that money is buying you a little extra insurance/piece of mind.
Doesn't matter what anyone here says..........Is it worth it to you would be the real question you need to ask.
Doesn't matter what anyone here says..........Is it worth it to you would be the real question you need to ask.
Road Warrior
Joined: Jun 2014
Posts: 1,357
Likes: 91
From: Michigan
If I had a garage to work in there is a good chance I would not have bought the extended warranty, but, no garage, new bike model (Rushmore) that has shown signs in the past to have issues with the cooling system (hopefully not mine) I went for the piece of mind and bought the extra coverage.