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Author Topic: Extended Service Plan ??  (Read 1993 times)

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Windless

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Extended Service Plan ??
« on: October 02, 2005, 09:24:53 PM »

My 2 year Warranty runs out Nov.12.  What do you all think about the extended service plan for the $$$$, is it worth it or not ??   Will my 5000 mile services have to be done buy a licensed tech or can I do them myself or does this void the warranty if I do my own service?  
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Jock

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Re: Extended Service Plan ??
« Reply #1 on: October 02, 2005, 09:56:10 PM »

Windless,

I am at his point with several bikes...I have spoken with a number of people and have included my own experience.  At this point, I am leaning towards no coverage, I hope I do not regret it.

Good Luck,

Jock
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jeffj

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Re: Extended Service Plan ??
« Reply #2 on: October 02, 2005, 10:43:27 PM »

It's a insurance policy, my last 3 HD's I haven't kept them long enough to ever make a claim. So on the latest purchase of the 06 Autumn Haze FLHTCUSE, I just went with a 3 year plan, so basically a 1 year extension of normal warranty. Biggest reason on extra year was do to new Stereo and such. My last 3 extended warranties I have always gotton some of my money back (due to never making a claim and selling bike early)
« Last Edit: October 02, 2005, 10:44:06 PM by jeffj »
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JCZ

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Re: Extended Service Plan ??
« Reply #3 on: October 03, 2005, 01:26:29 AM »

I didn't have it on my first Ultra Classic and lived to regreat it.  Had it on my second Ultra Classic and was damn glad I did when I got to Milwaukee for the 100th and my inner primary was leaking.  Also used it on electrical problems twice, too.

I buy it cause I ride and sometimes great distances.  It's an affordable insurance policy (get your money back if you don't use it) that you'll be glad you have if you ever need it.  It's also a resale incentive.

By the way, something very few know is that the extended warranty is negotiable!  I told my purchasing dealer that I could get it from Chicago HD for 20% off and they matched it and asked me not to tell any of the local people (but you guys aren't local! [smiley=huepfenlol2.gif]).
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porthole

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Re: Extended Service Plan ??
« Reply #4 on: October 03, 2005, 10:58:46 AM »

For many years I was an "A" technician for several Chrysler - Plymouth - Dodge dealerships. With the quality of cars back in the 70's - 80's, I became a believer in extended warranties on vehicles.
But, that was for ONLY factory offered programs. Aftermarket program were a nightmare for the consumer.

I never purchase extended warranties for any other consumer product, the product cost to warranty cost is excessive.

Example, I just bought a Sony HDMI DVD player for $150, the extended warranty price was $23, a 15% cost. In a year or less the player will be outdated and replaced anyway.

My SEEG was $30k and the extended warranty WITH the optional tire program was $1285, a 4% cost. I figure the first breakdown after the 2nd year year will pay  for the warranty. After all, we have expensive bikes with expensive HyPo motors. You just never know.

Typically, dealers have a t least a 100% markup on the warranties, but heck, 50-100% markup is the standard in the retail market.

I also like the fact that, (A)  I can "cash in" the unused value if I sell the bike, or (B) I can use it as a selling point if I decide to sell the bike after 6 years. Yes, I purchased the 7 year version.

The other argument against the warranties is that you are better off taking the money you would have spent on the program and invest it. But lets face it, how many people really do that?

Me? My "Harley bankroll" is always seeming to drain, I put $$ in and then I enjoy it.

Work hard, play hard and spend hard  [smiley=huepfenjump3.gif]

ANd how many of you guys - gals "ride it like you stole it" [smiley=xyxthumbs.gif]
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JimsSEEG

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Re: Extended Service Plan ??
« Reply #5 on: October 03, 2005, 11:38:33 AM »

Variaton - "work hard, ride hard.. It would probably be ridden easier if it were stolen"...

I'll wait and see as I get near the end of my 2 years. May not be worth it on some of the future mods for engine, but the electricals and other items may be worth the bucks... I had to have a new tire when pulling into the dealer for the 1k service - picked up a 2" screw on the access road - that sucked. Would have been $50 vs $140.

Jim
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Jim


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JimsSEEG

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Re: Extended Service Plan ??
« Reply #6 on: October 03, 2005, 11:39:49 AM »

Forgot to ask - re there different terms for the extended warranty? Have heard 3 and 7 yrs mentioned...

Jim
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Jim


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Twolanerider

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Re: Extended Service Plan ??
« Reply #7 on: October 03, 2005, 11:41:48 AM »

Quote
Forgot to ask - re there different terms for the extended warranty? Have heard 3 and 7 yrs mentioned...

Jim



Typical salesman's hoopla there so don't be fooled into thinking you're buying more than you are.  A "seven year" extended warranty is not.  It's five years.  The original factory warranty is two years.  They're selling you five years on top of that for a total of seven.  They make them available in one year increments from one year to five years.
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porthole

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Re: Extended Service Plan ??
« Reply #8 on: October 03, 2005, 12:26:55 PM »

Quote

A "seven year" extended warranty is not.
« Last Edit: October 03, 2005, 12:27:42 PM by porthole2 »
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TB

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Re: Extended Service Plan ??
« Reply #9 on: October 04, 2005, 04:43:35 PM »

For all of us with 2003 MY or older, the "7" year extended warranty was actually worth 6 years as we only had a one year HD warranty to begin with.  I actually got a 4 month additional extension from HD because I took delivery in January of 2003 and the bike was stored at the dealer until the snow melted in April.  When they delivered the bike, the handed me an extension card until April of 2004.  I personnally bought the 7 ....er 6....er 5 year and 8 month extended warranty for piece of mind.  One less thing to worry about.   Haven't had to use it yet, but time will tell if it was a wise move.

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ParrotHD

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Re: Extended Service Plan ??
« Reply #10 on: October 05, 2005, 02:56:13 PM »

Ext Warrantyis good if The Motor Company is going to honor it.  See my problem under "
Overheating???" on this board.  So far H-D states they are not going to cover the damage. [smiley=furious.gif]
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LETS_ROLL

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Re: Extended Service Plan ??
« Reply #11 on: October 06, 2005, 10:48:18 PM »

How do you get your $$ back if you don't use it??  Let's Roll
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jeffj

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Re: Extended Service Plan ??
« Reply #12 on: October 06, 2005, 10:54:58 PM »

Go to your HD Dealership and tell them you want to cancel the plan, if there is time left you will get a Pro Rated part back (trust me its in the favor of HD and Service Plan)

If you didn't use your plan during the time period of plan some of the plans let you get up to 100% back after policy has expired. I had this type in 2000 and got 100% back.

To my knowledge all plans are Pro Rated - NOW

It's one of those plans "Don't Ask and/or They Won't Offer to Give Back"
See your Plan and your HD Dealer
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LETS_ROLL

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Re: Extended Service Plan ??
« Reply #13 on: October 06, 2005, 11:17:17 PM »

Quote
Go to your HD Dealership and tell them you want to cancel the plan, if there is time left you will get a Pro Rated part back (trust me its in the favor of HD and Service Plan)

If you didn't use your plan during the time period of plan some of the plans let you get up to 100% back after policy has expired. I had this type in 2000 and got 100% back.

To my knowledge all plans are Pro Rated - NOW

It's one of those plans "Don't Ask and/or They Won't Offer to Give Back"
See your Plan and your HD Dealer

thanks
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