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Is extended warranty on a motorcycle worth it?

Is extended warranty on a motorcycle worth it?

But if you really want a Harley that you’ll be upgrading and riding 20,000 miles a year, purchasing an extended service plan makes financial sense and is worth the cost. The cost of repairs shouldn’t be a barrier to owning the motorcycle you want to own. And it doesn’t need to be.

Is extended warranty worth buying?

While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return.

How much is Harley extended service plan?

How much does Harley Davidson extended warranty cost?

Length of Warranty Average Dealer Quote
4 years/unlimited miles $1,100
5 years/unlimited miles $1,250
6 years/unlimited miles $1,450
7 years/unlimited miles $1,750

How do motorcycle warranties work?

In general, warranties cover mechanical failures resulting from defects in materials or factory workmanship under normal use, so the purchaser will not incur out-of-pocket costs. Wear items such as tires, batteries, bulbs, chains or drive belts, clutch plates, spark plugs, filters, etc. are not covered.

Why extended warranties are a waste of money?

Extended warranties are rarely worth your money. Products don’t break on their own, and when they do, the price of repairs is usually lower than what you’d spend on an extended warranty. In most cases, it’s best to skip the extended warranty and use your extra cash to build up an emergency fund.

What is a good price for an extended car warranty?

However, many coverage plans will give you the same sense of security and will cover almost every component of the vehicle. Typically the average cost of an extended car warranty would be around $1,800 with a good quality package and after-sales service.

How long is Harley warranty?

two years
The Harley-Davidson limited warranty has a coverage period of two years, unlimited mileage. That means you can drive 100,000 miles and still have warranty protection as long as it’s within 24 months of the original purchase date.

How much does Harley service cost?

If the average 5,000-mile service for a Harley motorcycle costs $400 on average, your annual maintenance costs will be $1600. If your annual mileage were, say, a little above 10,000 miles, your annual maintenance costs would be around $800.

What will void a motorcycle warranty?

Putting on parts other than “our genuine parts” will void your warranty! A flag that is too big will void your warranty (yes – see Cyril Huze Blog for this one) Getting your motorcycle serviced anywhere than a dealership will void your warranty.

How long is a motorcycle warranty?

one year
While a short car warranty might be 3-years/36,000 miles, with longer ones stretching out to 7 years and up to 100,000 miles, most motorcycle warranties are only one year in duration.

Is an extended warranty a waste of money?

What does Dave Ramsey say about extended warranty?

“The fact is, extended warranties are overpriced. That’s the reason people sell them, because they make a bundle on them in commissions,” says a money expert and radio talk show host, Dave Ramsey. “I don’t recommend buying extended warranties, ever.

Can a motorcycle be sold with an extended service plan?

Should you ever decide to sell your motorcycle, you can transfer any remaining coverage to the next owner. This can easily increase resale value. For an additional surcharge, Optional Tire & Wheel coverage can be added to your Extended Service Plan and will replace tires and wheels if damaged by a covered road hazard.

How long does the Harley Davidson extended service plan last?

The Harley-Davidson ® Extended Service Plan protects you from costly repairs on covered claims for up to 7 Years and Unlimited miles.* We offer comprehensive coverage on most major components, parts and systems. All repairs will be performed by factory trained technicians at an H-D ® dealership using H-D ® Genuine Motor Parts.*

How much does an extended warranty on a Harley Davidson cost?

A. The price of a Harley-Davidson extended service plan is based on several conditions, including how long you plan on extending the coverage after the factory warranty expires. You need to check with a Harley-Davidson dealership for details, but expect to pay a few hundred dollars a year.

What can I add to my extended service plan?

For an additional surcharge, Optional Tire & Wheel coverage can be added to your Extended Service Plan and will replace tires and wheels if damaged by a covered road hazard. Protect yourself from out out-of-pocket repair costs caused by unexpected road hazards with H-D ™ Tire & Wheel Protection.