A Motorcycle Owner's Guide to Extended Auto Warranties
Extended motorcycle warranties, also known as motorcycle service contracts, can save you money and ensure that your motorcycle is taken care of in the event of any problems. There are many different types of extended motorcycle warranties, as well as different places you can purchase them.
Often, you can purchase an extended motorcycle warranty from the dealership where you bought your motorcycle. However, if this is not an option, there are many other places where you can purchase these types of warranties, including brick and mortar companies and online.
When it comes to these types of warranties, you do not want to automatically go with the cheapest plan available. If you do, you could find yourself with a broken down car that you can't get fixed under the warranty. It's crucial to thoroughly research any extended motorcycle warranty that you are considering to make sure you understand exactly what is covered. It's also a good idea to shop around -- different companies offer different plans and rates.
Extended motorcycle warranties are not insurance plans, and should not be thought of as such. An extended motorcycle warranty extends the protection you receive with the initial warranty that comes with your motorcycle. The reason for an extended motorcycle warranty is simple -- repairs can be quite costly, especially on new motorcycles. This type of warranty protects you in the event of mechanical problems with your car.
It's prudent to purchase your extended warranty as soon as you can. The longer you wait to purchase one, the more you'll end up paying. If you can, purchase the extended warranty at the same time as your motorcycle. If you wait too long, you'll end up dealing with more expensive warranty providers and plans.
Make sure when purchasing an extended warranty that it covers your motorcycle in the events of both wear and tear and mechanical breakdown. It's important to understand exactly what you will receive with your warranty before purchasing. There can be a lot of confusing fine print when it comes to these plans, so choose a provider that you feel comfortable with. A good warranty provider will make sure you're aware of all the details of your plan, no matter how large or small.
When it comes to how much you'll pay for an extended motorcycle warranty, it will depend not only on the plan you choose and the company that offers it, but the type of motorcycle you have. For example, the extended warranty on a motorcycle that is known for safety and reliability will be less than the warranty on a high-powered sports car.
There are not only warranty plans for brand new cars, but used ones as well. However, it's likely that you'll need to deal with a third party provider with a used car rather than the dealership where you purchased it.
Before purchasing any kind of motorcycle warranty, check with the Better Business Bureau to ensure that the company you're dealing with has a satisfactory rating.
Jackie Jones runs the popular motorcycle extended warranty shopper website. Learn all about motorcycle extended warranties at AutoWarrantyShopper.com! |
1 comment:
I purchased a Kawasaki Vulcan 900 two months ago brand new. I added the extended warranty a $385 value. Since I'm really closed to the 600 miles I called my local dealer for the first maintanance svc. The guy told me that it would cost me $170.00 to do the oil and filer and if adjustments are need then they will adjust. I'm not really sure about the price but to me thats a lot of money basicly for an oil and filter change.
Today is the last day that I can cancell the extended warraty (60 days). I was reading the terms on the contract and it says that if the bike is not properly maintain at the dealer the warranty would be voided. I can do oil and filter change with no problem. So my question is... Is it really worth it to have the extended warranty when they charge so much for reg. maintance? The bike automaticly comes with a 1yr warranty.
I posted my following question on Bikerkiss.com and get many answer below.
if this model is over a year or 2 in production, extended warranties are generally another way to line the dealer's pocket. and something else i've noticed on metric's vs harley: metric's give only a 1 year warranty via factory, any make/model of harley....2 years from date of purchase.
oil changes has got to be the easiest maintainece thing to do on a bike. u could pick up a service manual for the scoot, and the amount of coin this item will save u will add up rather quick. some dealers like to do 'scare tactics'...if the dealer dont do it, it automatically 'voids' warranty just so they can get a new scoot in the maint. bay and bend u over. as long as the maintainance is done to factory specs, u could take it to an independant servicer and have work done to it....and the warranty will still be honored by the moco
Generally speaking - extended warranties on modern goods are not a good deal. Most modern motorcycles are extremely reliable and you will only be wasting your money. In addition, the dealer mark-up on extended warranties is very steep. Extended warranties also won't cover basic maintenance or wear and tear. Judging by your extremely high dealer rate for an oil change - I would cancel immediately and find a different dealer or learn to do my own oil changes (which are pretty simple.)
If you're buying a first-year production model and would feel better with an extended warranty, contact your insurance company and buy one through them instead - you'll save a lot of money.
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