Join Date: Jun 2012
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Normally, I despise extended warranties. As an analyst, everything about them tells me they are a money-making endeavour for the sellers.
But, after hanging at this forum for a while, I can see the value in them for some. The nice thing is that they are not limited by miles. So, if you are high-mileage rider, they may make sense for you.
Warranties and such are based on statistical liklihood. Think about it this way. My numbers may be off, but you'll get the idea:
The "free" factory warranty is two years. So, they are going to design at least to that spec. The MoCo doesn't want to deal with a large number of warranty claims. In order to do that, they would probably have to target 20-25K miles of use in those two years to make sure they capture a large majority of users. That is, if the MoCo can make them last 25K or so before something breaks, they won't get burnt too bad on warranty claims.
As you know, a lot of riders ride MUCH less than that. My bike had 9K on it when I bought it, and it was seven years old. These riders who want that "peace of mind" are the ones lining the pockets of the warranty companies.
So, if you don't see yourself hitting well over that 25-30K mark within the five years, You'll probably be better off rolling the dice without it.