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Warranties

1861 Views 19 Replies 14 Participants Last post by  rynosback
I purchased 24 month extended warranty and thought I had a clear understanding from the dealer that it ran for 24 mos after factory warrandy expired.
Then as I was reading the contract I found the expiration date was 2008!
Stupid me for not reading the papers at the dealership.
BTW I paid $450.
Bradbike
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$450 for 24 months! ???  I paid $600 and got the 4 year extended warranty...
The base warranty that came with my bike was 3 years/unlimited miles! That was the deal for paying cash prior to April 1st. I didn't even ask about an extended warranty - although 3 years should be just about long enough.
I bought a five year, unlimited mileage, $0 deductible warranty for $700. I figured I needed it for this bike, since I've never wrenched on a water cooled bike. ;D
Checked out the warranty issue today and dealer said their computer spit out the wrong number to the contract. Should have been 2009, not 2008. He said bring it in for revision.
So, I am getting 2 additional years for $450.
Not as good as some of you, but I'm now satisfied.
BTW any thoughts on how long a warranty extension would be advisable?
I'm coming from a Shadow that had one slight electrical problem in 40K+ mi.
Bradbike
I know this might be to late for some of you, but I am trying to make a group rate deal on Suzuki extended warranties.  I am trying to get the fee to $625.  If you are interested please let me know.
Ryan

****72 Month Total Warranty = 12 Month Factory + 60 Month Extended****

Good at any Franchised Suzuki Dealer on any *On Road Suzuki Motorcycle from 50cc to the New Huge M109 1800cc Super Cruiser. 

Not only does this Warranty cover Parts and Labor on Warranty Items it also includes added benefits such as:

All Suzuki Extended Protection Plans provide:




Nationwide Coverage: Repairs made by any authorized U.S. Suzuki Dealer.



No Mileage Limitation. No hour limitation. Coverage will not expire at any pre-set mileage limit.


Zero Deductible for Duration of Plan: Pay nothing for repairs that result from defect in material or factory workmanship.  Suzuki will take care of the entire cost of covered parts and service, using genuine Suzuki parts.


Transferable: Remaining coverage transfers to subsequent owner (except New Hampshire), which provides higher resale value.


Suzuki Parts and Service.  Repairs are made by Suzuki Trained Technicians who use only Genuine Suzuki Parts to return your vehicle to the level of performance you experienced before the problem occurred. 


Transportation Reimbursement.  In the event of a covered breakdown, SEP will repay the costs of transporting your Suzuki to you nearest dealer; up to $50 per occurrence.

Rental Vehicle Reimbursement.  If you Suzuki has a covered breakdown, SEP will repay your out-of-pocket rental vehicle costs (up to $20 per day for a maximum of six days).
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I'm interested in that extended waranty. Count me in.
G
I talked to the dealership I am buying my bike from and they quoted me $550 for the four year extended warranty. That takes the factory warranty out to five years. The price is reasonable I think but worry that I won't need it and if I do, I'll get the "you've done this and that to the bike, no wonder it broke" BS.

I also learned that you don't have to purchase it at the time you buy the bike, just before the 12 month factory warranty expires.

What does everyone think about the merits of buying an extended warranty?
toneout said:
I talked to the dealership I am buying my bike from and they quoted me $550 for the four year extended warranty. That takes the factory warranty out to five years. The price is reasonable I think but worry that I won't need it and if I do, I'll get the "you've done this and that to the bike, no wonder it broke" BS.

I also learned that you don't have to purchase it at the time you buy the bike, just before the 12 month factory warranty expires.

What does everyone think about the merits of buying an extended warranty?Â
That's correct, you don't have to buy it when you purchase the bike. I would have to call my dealer, but you might be able to buy it up to 11 months after in service date. Warranties are nothing but insurance, you never know, but this is a first year out bike and we have seen some issues, so I think I will due it.
Im interested but would like to see the price a little cheaper, especially with a group purchase!
Extended warranties on anything are almost always not worth it. The salesman gets a huge commission which is why they push it. Saying thet, the M109r is a new bike so I will reconsider right before the factory warranty expires.
My bro that sells honda says that the zuk warranty is almost $300 less than honda's. He was thinking that the current 4 yr extension is a great price
phdprof said:
Extended warranties on anything are almost always not worth it. The salesman gets a huge commission which is why they push it. Saying thet, the M109r is a new bike so I will reconsider right before the factory warranty expires.
I think that depends on how picky you let yourself be with your vehicle. My mom had a car that she bought and extended warranty on and it paid for itself 3x over. Had to replace the A/C condensor twice, several electrical problems, spark problems, etc, etc, etc.

If you get a good enough extended warranty (especially those actually offered by the manufacturer) they can be nice to have. Many of the 3rd party ones aren't worth it. Basically, a lot of their money on the extended warranties come from procrastinators that don't want to take the time to take the vehicle in until it is too late. You wouldn't believe how often this happens.

Thinking of that.....I need to call the dealership to get my truck in. :D
phdprof said:
Extended warranties on anything are almost always not worth it. The salesman gets a huge commission which is why they push it. Saying thet, the M109r is a new bike so I will reconsider right before the factory warranty expires.
Sorry...but you are grossly wrong on this , I'm a mgr at BMW....and I see people everyday, thank thier lucky stars for an extended warranty they bought 3-4 years ago with
60-70k miles on them now because they are out of factory warranty...I've seen new trannies installed for a measly 50.00 deductable.

Now if its an $100 set of headphones at Circuit City...I agree with you , But If I buy an 65 inch $5,300.00 HDTV ...it comes with a 1 yr...I want at least 2-3 yrs to follow on my investment....which I did.

If I spend 11-12k on a bike...I'm going to do the same .
Best price I found was 5 year additional for 699.I figure 6 years total would be nice.By the way,it was at max pitts in peru,in.Make sure you talk to Bob.My local dealer was wanting to give me a 2 year additional warranty for $450.I don't think so!
I haven't purchased anything yet, am going to wait till one year is up and purchase another 4-5 yrs. :p
I purchased 4 additional years on top of the year that came with the bike for 399.99 when I got the contract it had an expiration date of 2010! I called and stated my case that I was told that I was getting a total of 5 years. They said they would check into it and get back to me which they did and confirmed that I was right and they corrected my contract to reflect expiration of 2011...good deal I think
Let me clarify my earlier statement regarding warrenties being worthless. I was not speaking specifically about the M109r extended warrenty. It may very well be a good 'investment'. However, in general, all studies conducted to date on extended warrenties have found that it is better to take that money that you would have spent on a warrenty, set it aside in a savings acct, and you will come out ahead. This applies to all products whether it be a camera, tv, car, or bike. I would love to see a legitimate study that says otherwise. Anyone?
I would agree with you for the most part. If they paid out more then they collected, they would not be in business. After all they are a BUSINESS. They are there to make money. But for a first year out, I'm going to buy one.
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