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Buell Forum » Old School Buell » Archive through August 20, 2008 » Extended Warranty - Yes or No?? « Previous Next »

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Free_bird
Posted on Tuesday, July 29, 2008 - 08:08 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I am picking up an '02 S3T tomorrow with about 3000 miles on it. There were no recalls on this bike and I am buying it from the original owner, which I have verified by a VIN check.

I regretted selling my 99 S3T, so I am happy to be getting another which I plan to keep for a while.

I have an opportunity to roll the title through a dealer which gives me the option of buying a five year extended warranty for about $1200. I am a moderate to poor wrench.

Does an extended warranty on this bike seem like a good investment or not.

Thanks in advance,
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Zenfrogmaster
Posted on Tuesday, July 29, 2008 - 08:23 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I'm not a big fan of extended warranties. The 2002s were well-sorted, so you're not likely to use up $1200 worth of service. There are a lot exclusions (bodywork / bags and wear items, typically). If, however, you don't do a lot of your own work and the dealer has a good reputation for service, it might make sense.

How many miles will you put on in 5 years, and are you likely to exceed any mileage limits?
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Bigdaddy
Posted on Tuesday, July 29, 2008 - 08:40 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Tough call. Most extended warranty plans are just a grab for your wallet IMHO. The '02's are well sorted and I'd be surprised if it'll need much of anything before you're north of 20K miles.

I'd say put the $1200 in some kind of interest bearing account and let it sit for 5 years -- guaranteed win : )

There's really no right, or wrong, answer to the extended warranty question. It's all about your comfort level.
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Texas_firebolt
Posted on Wednesday, July 30, 2008 - 08:47 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

i highly recommend the extended warranty on all v-twins. i am a harley tech and there are so many times that i fix bikes under the extended warranty that there is no way i will ever buy a bike without a warranty if at all possible. even if you dont ever use it its the peace of mind. i mean if u break it down $250 a year is a damn good deal
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Psycrow
Posted on Wednesday, July 30, 2008 - 12:29 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

when I purchased my 02 Cyclone from a dealer 2 years ago with 8,000 miles I coughed up the cash for 1 year of warranty. Ignition relay went 14 months later. $$ down the tube. When I bought my 03 Ford I paid for extended warranty and they weaseled out of 90% of the many problem Ive had with that POS. I won't do that again. just my 2cents.
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Djkaplan
Posted on Wednesday, July 30, 2008 - 01:47 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I got my 2000 M2 brand new and paid the extra money to extend the warranty to 3 years; and of course, nothing under warranty ever went bad after the first year.

I would have used the money for something more nefarious, anyway.
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P_squared
Posted on Wednesday, July 30, 2008 - 02:20 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Spent $1200 on extended warranty ONCE. It only got used to replace rocker box gaskets. A job I since learned how to do myself for a whole heck of a lot cheaper.

IMO, the answer for me is NO.
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Free_bird
Posted on Wednesday, July 30, 2008 - 10:15 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Thanks for all of the inputs and suggestions. It;s a tough call. I've only put 220 miles on the bike so far, so I can defer this decision until I get back home. So far so good, the bikes looks great and runs great (today anyway)

free bird
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Court
Posted on Thursday, July 31, 2008 - 09:15 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

No
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Eshardball
Posted on Saturday, August 02, 2008 - 10:20 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Ditto on the "NO". $1200 buys you alot of Buell specialty tools, or a nice mig welder.
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Free_bird
Posted on Sunday, August 03, 2008 - 09:40 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

OK - I passed on the warranty. I did an oil/filter change on the way home and put an additional 1300 mile riding back to Texas. It ran and behaved quite well, in spite of high temperatures for 600 - 700 mile days. I'm a happy camper.
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Jstfrfun
Posted on Monday, August 04, 2008 - 04:27 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Good move bird, The warranty business is a total hoax.
Most issues can be dealt with on your own with the help of the BWB brotherhood.
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Old_mil
Posted on Monday, August 04, 2008 - 08:01 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

When I bought my 03 Ford I paid for extended warranty and they weaseled out of 90% of the many problem Ive had with that POS

That's the real problem with extended warranties. You give them the money and then your cojones are in the hands of some weasely middle manager who - should he deny your warranty claim - knows you are essentially powerless to force them to do anything.}
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