Extended Warranty Prices?
Account Retired
Joined: Oct 2009
Posts: 3,245
Likes: 12
From: Here
The ESP on my '04 runs out at the end of this month.
I've been going back an forth on whether to renew.I was at North Texas HD today to get a part and figured I'd sit down and haggle prices for the heck of it.
He pulled out a price sheet for Used bikes for me to look over.It was in line with some of the higher prices that have been shown here.
1 yr 774
2 yr 1,019
3 yr 1.119
4 yr 1,490
5 yr 1,896
T&W not included in these prices.
I ask what price he could give me.....he just pointed at the price list.
I let him know that I knew he could do better than msrp.
"They won't let me sell them for less."
I told him they were too high and if he changes his mind to let me know.Otherwise,forget it.
This is a Big dealership and I was about the only one there on a beautiful sunny day.
Makes me wonder about the health of their business.
I've been going back an forth on whether to renew.I was at North Texas HD today to get a part and figured I'd sit down and haggle prices for the heck of it.
He pulled out a price sheet for Used bikes for me to look over.It was in line with some of the higher prices that have been shown here.
1 yr 774
2 yr 1,019
3 yr 1.119
4 yr 1,490
5 yr 1,896
T&W not included in these prices.
I ask what price he could give me.....he just pointed at the price list.
I let him know that I knew he could do better than msrp.
"They won't let me sell them for less."
I told him they were too high and if he changes his mind to let me know.Otherwise,forget it.
This is a Big dealership and I was about the only one there on a beautiful sunny day.
Makes me wonder about the health of their business.
Ultimate HDF Member
Joined: Nov 2007
Posts: 6,716
Likes: 13
PLUS 1..... Jim is a great guy,,thanks for the info. got the 7 year to cover the chinese bearings and all the other horror stories on this forum...if nothing else its peace of mind and a good selling point if and when I sell or I'll just take the prorated refund
Last edited by leohd; Oct 18, 2010 at 04:04 PM.
Club Member
Joined: Nov 2005
Posts: 955
Likes: 2
From: Missouri
You should ask your investment banker what he thinks of extended warranties, the only people they help are the dealer.
It's a proven fact that 99% of the time the warranty costs you more money than you ever get back from it.
When I started investing years ago this came up in the first meeting I had with my banker and he was right I canceled all the warranties I had and invested the money and have never needed a thing that would have cost what those warranties cost me.
I also know there will be at least one person out there that will say his warranty saved him a bundle and that be the same individual the Harley dealer uses to try and scare everyone into buying one.
It's a proven fact that 99% of the time the warranty costs you more money than you ever get back from it.
When I started investing years ago this came up in the first meeting I had with my banker and he was right I canceled all the warranties I had and invested the money and have never needed a thing that would have cost what those warranties cost me.
I also know there will be at least one person out there that will say his warranty saved him a bundle and that be the same individual the Harley dealer uses to try and scare everyone into buying one.
Last edited by sparky_mo; Oct 18, 2010 at 04:53 PM.
Stellar HDF Member
Joined: Jul 2010
Posts: 2,275
Likes: 241
From: Highlands, NJ
What he said. You guys talk peace of mind. I think if I purchased an extended warranty for the price Harley wants I would be kicking myself over and over for wasting my money. They obviously make Harley a bunch or they wouldn't try so hard to get you to buy one. But it is human nature. Polls have been taken on here about extended warranties. Those that spent the money on them defend them by saying it gives them peace of mind. Ones that haven't purchased extended warranties will tell you it's a waste of money. I guess I look at it that if it breaks down I will fork over the money to fix it if and when that happens. Just hate to pay that much for something that percentages say I will never use. If the percentages weren't in Harley's favor they wouldn't sell em. But we all know that.
Personally, I can afford it and it doesn't bother me.
Ultimate HDF Member
Joined: May 2008
Posts: 7,439
Likes: 884
From: 'Noke, VA
What he said. You guys talk peace of mind. I think if I purchased an extended warranty for the price Harley wants I would be kicking myself over and over for wasting my money. They obviously make Harley a bunch or they wouldn't try so hard to get you to buy one. But it is human nature. Polls have been taken on here about extended warranties. Those that spent the money on them defend them by saying it gives them peace of mind. Ones that haven't purchased extended warranties will tell you it's a waste of money. I guess I look at it that if it breaks down I will fork over the money to fix it if and when that happens. Just hate to pay that much for something that percentages say I will never use. If the percentages weren't in Harley's favor they wouldn't sell em. But we all know that.
As I've said before, if you bought a garage trophy, the ESP is a waste of money. If you actually ride, it's a bargain.
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Tourer
Joined: Mar 2010
Posts: 491
Likes: 21
From: CANADA
I am very glad that I am a member of this Forum. All opinions are very interesting. Since I live in Canada I would be interested in hearing from others in Canada about their experiences and whether the prices here are negotiable as well. Thanks
