Your thoughts on extended warranties?

[Cymru-Dave]

In either Jun or July, I forget which, my warranty on my 2013 GSA will come to an end, I was considering extending this, it's only done a shade over 9k miles but this will increase a fair bit this year, any one have any thought on the BMW extended warranty and also any ideas on costs etc?

Thanks

 

[Yellow Peril]

I have one which is coming to an end bike coming upto 10 years old, it has save me a fair few quid over the years, new ECU , rear shocker, front seals... But the nah Sayers will be along shortly to say save the money instead.

 

[Micky]

Yup ... it's all a gamble

The extended warranty doesn't cover the same things as your original warranty, the cover is severely reduced!

Its's a gamble, 'they' will take your money, all worked out, whereby 'they' won't lose their money, but make a profit from you

I have never gone for extended warranties on the BMW motorcycles I've bought over the years, or the VW camper years ago .....

Since buying the first four valve boxer (R1100RS) in 1994 I've probably had nine new BM's and done half a million miles ... and I can assure you I'm quids in



Edit ... in ten years YP those bits will have cost you less than you paid

 

[comberjohn]

I had the extended warranty on my last bike, a K1600GT, because I was terrified of something really expensive going wrong. Nothing did.
Also had it on my current TC but recently decided to cancel it. Again, have never used it.
As Micky says, it's a gamble, but the bike that you have is probably the most reliable of the line. Plenty of used spares available, too. Need an ECU? £70-£100 on eBay and works as well as the new one at £600.
Plus, it's not the same as the original warranty. Engine casings corroding aren't covered, for example. Usually a £100 excess or pay a higher premium.
The thing that made me decide to cancel was the fact that it had to be serviced by a BMW dealer to maintain the warranty and I couldn't take it to the experienced independent that I found and trust. Something else to factor in to the difference in costs, particularly if you are doing more miles this year. Even with modest mileage, with the difference in servicing costs plus warranty premium, reckon on a difference of £5-600 in a year.
The breakdown recovery anywhere in Europe is a nice idea but, really, how likely is this on your bike? Has it ever died on you up until now?
I've found a motorcycle breakdown recovery service that covers Europe for £68 for the year.
Find a good, recommended, independent mechanic to service it at the correct intervals and I don't think that you'll go to far wrong. Mine is a 2010 TC and I've just turned 26k miles, 14k in the last 12 months with nil problems and there's plenty on the forum with more miles on earlier models will few problems.
In the end it's your choice, but they're not getting any more of my money and it's not causing any loss of sleep.

 

[Paul G (BHT)]

The extended warranty doesn't cover the same things as your original warranty, the cover is severely reduced!

Its's a gamble, 'they' will take your money, all worked out, whereby 'they' won't lose their money, but make a profit from you.

I have to agree with Micky here. They are in business to make money.

If ever you have the misfortune to have to claim they will do their utmost to not pay out. I have had this with a BMW car.

You would be wiser toput the annual fee (£350'ish) in a separate bank account or under the mattress each year

 

[thebuyer]

I did

Renewed mine at the end of the manufacturers 2 year warranty ... On a 2013 / 63 plate GSA

Like any insurance, it feels nice that I'm covered .. If anything goes wrong ..

 

[Blackal]

I have one which is coming to an end bike coming upto 10 years old, it has save me a fair few quid over the years, new ECU , rear shocker, front seals... But the nah Sayers will be along shortly to say save the money instead.

it's not being a nay-sayer - its having a different view of risk and cost/benefit.

Whatever works for you - who can challenge that?

Al

 

[Greenman14]

It's insurance. Generally a good idea if you would be financially embarrassed by the insured event, so I have buildings and contents insurance on my house but no extended warranty on my TV, dishwasher or 2012 Twin Cam.

 

[ossa eck]

As said, I'm £500 better of having not taken extended warranty for the last year on my lc, I am fortunate that I can do all my own maintenance,and service reset.

Sent from my HTC One_M8 using Tapatalk

 

[Andyb1375]

I think the main thing is whether or not you can do your own repairs. If you can't then the £350 per year is probably a good bit of piece of mind..

 

[JJH]

As sombody else said its insurence and no near a warrenty. I don't think they should be allowed to say warrenty in connection with it. It's misled me. You might think as an extended BMW warrenty it's giving a contuined coverage the same as what you had. It's not. It's very constrained and the fact that it has to be serviced in a main dealer is contrary to EU law as regarding a warrenty. JJH

 

[diplomaticdanny]

If you're anything like me and can't change a bulb without cocking it up then it is definitely worth having. If you can split the engine and put it back together like some on here don't bother.

If you have the money to pay for a big repair bill when and if it happens and it wouldn't piss you off paying it, don't.

For me, £320 a year including full European breakdown cover was worth it for the peace of mind, however, in 8 years of paying on my last bike, I only used it once.

 

[comberjohn]

Doesn't make any difference to me, personally, but I would be a bit pissed if I'd bought a new BMW with two years warranty while in the States it's three.
The land of lawyers perhaps?

 

[Rockred]

What you are taking about is £7 a week or the price of a couple of pints. As stated earlier,it's a business, they exist to make money. Save the money separate, and I bet you will come out on top.

 

[TLSgazza]

Its worth it up to 30.000 miles, after that stuff such as suspension units are no longer covered, possibly a lot more items are mileage related too. I had it for about 5 years and got my moneys worth back in the form of ,final drive, rear suspension, shaft drive, and quite a few other items that were covered.
Not bothered with it for the last 3 years, nearing 60.000 miles now.

 

[Nice 'n' Fat]

As sombody else said its insurence and no near a warrenty. I don't think they should be allowed to say warrenty in connection with it. It's misled me. You might think as an extended BMW warrenty it's giving a contuined coverage the same as what you had.

That's why they print the T&C's in the back of the Extended Warranty Booklet. If you chose not to read them then .....

It's very constrained and the fact that it has to be serviced in a main dealer is contrary to EU law as regarding a warrenty. JJH

It doesn't say that in my warranty booklet ....... what it does say is:

Warranty valid?
The terms and conditions of the
warranty listed below must be adhered
to. Failure to do so will result in the
rejection of a claim or the termination of
your BMW Motorrad Insured
Warranty. This does not affect your
statutory rights.
1. a) Care of your motorcycle - You
must keep your motorcycle in an
efficient and road worthy condition and
regularly service it in accordance with
the Manufacturer’s recommendations
and genuine parts, or parts of equivalent
specification must be used.
b) After each service, please ensure that
the relevant service details are
completed in your service records by
the servicing garage and obtain a receipt
for the service. You must keep all such
receipts for reference in the event of a
claim.

This subject had been covered on the forum many times before so unless you are different in Ireland to the rest of the UK then you are either wrong or have been misled

 

[GSTourer]

As sombody else said its insurence and no near a warrenty. I don't think they should be allowed to say warrenty in connection with it. It's misled me. You might think as an extended BMW warrenty it's giving a contuined coverage the same as what you had. It's not. It's very constrained and the fact that it has to be serviced in a main dealer is contrary to EU law as regarding a warrenty. JJH

I don't think it does, but I believe genuine BMW parts must always be used.

 

[Nice 'n' Fat]

In either Jun or July, I forget which, my warranty on my 2013 GSA will come to an end, I was considering extending this, it's only done a shade over 9k miles but this will increase a fair bit this year, any one have any thought on the BMW extended warranty and also any ideas on costs etc?

Thanks

Put the kettle on ... pull up a chair and read this:

http://www.ukgser.com/forums/showth...arranty-Yes-or-No?highlight=extended+warranty

 

[Bendy toy]

Put the money for premiums into a sock and wait for the bike to go wrong. The major stuff can be costly but the main things are easy enough to get sorted.

Frame corrosion - get it professionally re coated better than OEM
Engine cover corrosion - get it refinished better than OEM.
Shocks - upgrade to Wilbers or whatever
Final drive - MikeyBoy does a rebuild for £350 and its often better than original

etc etc

 

[Cymru-Dave]

thanks for all of your input folks, I think as suggested I will put the money aside and take the gamble, I guess ill already be 350-400 pound towards a bill if one should present itself... just watch the whole thing go bang now!