The purchase of that motorcycle is going to help your lifestyle quite a bit. The gas mileage is three times that of what you get in your car and it only has two tires instead of four. Just as you are ready to close the deal, the sales representative asks if you want to buy a motorcycle warranty.
A bit stunned, you ask about the warranty that comes with the bike. Smiling, another person comes over to explain that it is so much better to get additional warranty coverage right now. Stop! Ask for the information and tell them you will return once you have checked out what is being offered.
When coverage begins
Many times, an extended warranty offers nothing until the manufacturer’s warranty expires. Meanwhile you are paying interest on the extra warranty, which is added to the purchase. It is always a good idea to check with the local Better Business Bureau to find if any complaints or compliments have been made about the dealership, whether for service and maintenance, or about the extended warranty.
Who can do repairs
Ask where the service is valid. Some dealerships limit the extended warranty to their site. That will invalidate any use is you move away. Also find out what must be done to keep the warranty valid, such as routine service.
Ask Questions about Everything
Go over the warranty program item by item. Be looking for red flags. For instance, if you are being told about “free loaners”, get the specifics. In some cases, the free loaners are only good for the first day of service. It is also contingent on the service and where the motorcycle was purchased. Go out and talk with the service manager about any question. He or she is not trying to sell you anything.
What is covered
Ask questions about when coverage starts and stops. Normal wear and tear is often defined by the service department, and seldom in the customer’s favor. There should be a reasonable amount of time that crucial items will be repaired or replaced, such as the battery, transmission, and steering. Check to be sure the battery is able to be replaced. Some are from other countries and no longer available.
Which company carries the warranty
Ask what company will carry the warranty and check the reputation before purchasing. Check into motorcycle roadside assistance programs. Compare prices and warranties first. Buying motorcycle warranties does not have to be a trying experience.
Is it cost-efficient
Compare the price of the warranty to the value of the motorcycle. By asking questions and learning about what is available, with average costs, you might save even more money than originally planned.
Irv Seaver BMW Motorcyles
Web Bike World, “Motorcycle Extended Warranty”