Extended Warranty - Yes or No?

cybergizmo

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So my bike is 2yrs 3m old done 16k and I have just seen the 'dreaded blue streak' and had the water pump replaced as a "good will gesture" as I dont have the extended warranty.

When I collected the bike the Sales Guy I bought bike from, Service Manager and his assistant all suggested quite strongly that I should fork out for the extended warranty as it will pay for itself. They emphasized that the water pump if I had had to pay would of been in excess of £500...

I am confused by this, it really felt like they were saying, if you dont take the warranty you can expect some very big bills...WHY would BMW make out their bikes are not up to standard?

Seeking your advice please.....spend £379 on the warranty or take me chances....(i have NEVER taken an extended warranty on anything I have bought, cars, white goods and never regretted it BUT ......)

Overall VERY happy with bike but this would be the 8th (recall, issue I have had )

1. New Switch Gear on Left
2. New switch Gear on Right
3. New Rear Brake Pads (600 and 1800 miles!)
4. New Beak as paint peeled off
5. New Throttle
6. Washer on Final Drive
7. Read Brake Slider Seized
8. New Water Pump
 
sounds backwards when companies Polaris can offer a 5 year warranty on Indian and Victory bikes .. but i would take out the extended warranty for the BMW too. I guess its insurance. if you don't need it, well at least you had piece of mind and if you do need it you'll be glad you had it!!

unless of course they claim wear and tear lol
 
So looking at your list of work done what makes you think it is going to be any more reliable going forward?
It really comes down to if you can work or want to work on the bike yourself. If not then you probably want the warranty.
 
My warrantee ran out 3 months ago, bike will be home serviced from now on,£333 for extended warrantee + service cost ,looking at £500 +.

Not much I cant sort for £500, just carried out a 12000 service for about £50
 
Agree with everything said so far. It's insurance, even if expensive. I don't know about the LC, but on the air/oil cooled GS, any oil leaks (internally onto clutch, or through the £2 gasket linking front and back halves of engine) cost a fortune in labour, because the whole engine has to come out.

Also, the warranty is really good for getting you home comfortably and the tractor sorted if you are touring....

Bite the bullet.
 
Remember it includes roadside assistance too.

I have the Extended Warranty because I own a BMW and their current product quality is shockingly bad.

K1300GT, 2009, FBMWSH, 11K miles and I've had this year's premium back already (rear wheel bearing gone at 10K miles = £380). It's a fantastic bike but so complex; if your ESA goes it's £1000+.

Do not expect any Goodwill after your factory warranty expires; I was told by Customer Service they would not contribute unless the repair was over £1000. Which is nice.

Your choice.
 
UpgradeAl said:
Also, the warranty is really good for getting you home comfortably and the tractor sorted if you are touring....

Bite the bullet.
Click to expand...

And that is what a lot of people seem to forget. If you go touring, especially on the continent, the BMW Breakdown and Recovery service is, IMHO, second to none. To purchase a similar breakdown service separately would cost a fair few bob.

Personally, I don't need to take out the warranty, I can afford any repairs, but for peace of mind I have always taken it out on my past two BMWs when the 2 year warranty ran out, and will do again when it runs out on my current bike. So far the extended warranty has paid for itself, nothing has been major enough to stop me riding the bike, but small items like ASC sensors, or switches. However, it did come into it's own when the rear shock failed on my last ESA equipped bike, this would have been £1,800 to repair, so that alone has paid for a fair few warranties!

Bob
 
I'm looking at buying a new 1200GS early next year and am factoring the 350 odd quid into the overall purchase price. Just over 2% added to the bill doesn't seem as bad. At least that's the first three years covered.

Is the extended warranty transferable if you decide to sell it?
 
As it’s an insurance backed warranty, it’s important to remember that it’s a policy of indemnity not an investment. In other words, you should not buy it in the (hoped for) certainty of recovering your premium - or better - within the next 365 days.

You’ll not get a definite answer from anyone here, not least as everyone’s circumstances are different:

(a) They possibly never touch a BMW dealership

(b) They possibly do not keep their motorcycle long enough and / or chop it in at the first hint of trouble

(c) They possibly never have a significant problem of a mechanical nature

(d) They possibly do (or at least intend to do) all their own work, irrespective

(e) They have possibly bought the policy and had very good value out of it

(f) They have possibly bought the policy and had (in their estimation) very bad value out of it

(g) All of the above

So, it’s down to you… and you know what Clint said, don’t you


article-2403742-1B7EC094000005DC-760_634x311.jpg
 
cybergizmo said:
So my bike is 2yrs 3m old done 16k and I have just seen the 'dreaded blue streak' and had the water pump replaced as a "good will gesture" as I dont have the extended warranty.

When I collected the bike the Sales Guy I bought bike from, Service Manager and his assistant all suggested quite strongly that I should fork out for the extended warranty as it will pay for itself. They emphasized that the water pump if I had had to pay would of been in excess of £500...
Click to expand...

You are supposed to take out the extended warranty policy prior to the bike going out of the manufacturers 2 year warranty. You may find that the dealer wants to charge you for checking over the bike prior to the extended warranty policy going live :rolleyes:
 
At least you get 3 years on a new car, the price seems high at 2 years think I will chance it. If my ESA fucks up and they don't sort it at 2-3 years I won't be buying another BMW.
 
SiRich said:
At least you get 3 years on a new car, the price seems high at 2 years think I will chance it. If my ESA fucks up and they don't sort it at 2-3 years I won't be buying another BMW.
Click to expand...

Just don't do over 30000 miles then as I think you will find that ESA isn't covered after this mileage
 
God if BMW Motorrad offered a 5 year unlimited mileage warranty they would go tits up before the first 5 year warranty ran out



crotchrocket said:
sounds backwards when companies Polaris can offer a 5 year warranty on Indian and Victory bikes .. but i would take out the extended warranty for the BMW too. I guess its insurance. if you don't need it, well at least you had piece of mind and if you do need it you'll be glad you had it!!

unless of course they claim wear and tear lol
Click to expand...
 
I am in the same boat. My two year warranty expires end of September. I will most CERTAINLY be taking out an extended warranty. However something to bear in mind...
I am on my 3rd screen replacement due to it cracking at the mounting holes. Even though this is still a known issue (later 2015 bikes modified) this will not be covered under warranty. How many other items are not covered? As already stated ESA only covered until 30k. Once my bike reaches 30K in approximately two years i will just save the cash and put it towards any future bills.
If you think of it as £30 per month and it covers breakdown it is slightly easier to swallow and if you sell your bike privately as the warranty is transferable it is also easier to sell.

Two year warranty is poor!
 
Nippy Normans supply Touratech, Wunderlich, Desert Fox and many other makes of accessories.
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