The conversation around extended service plans is primarily focused on automobiles; however, the main points can also be applied to motorcycle ESPs. The two products are based on the same principles and offer most of the same benefits. And they can be especially disapproving of vehicle service contracts. In the past, it was much easier to learn how to maintain your motorcycle yourself. In fact, that strategy is still often recommended today.
With older, more basic bikes they may be right. With newer bikes, you will have to learn how to work on sophisticated, high-tech electrical components. You may also have to have to learn how to work with titanium, carbon fiber, or aluminum which often requires specialized training. If you want to know how bikers really feel about their extended service plans, visit the forums. The reasons bikers say an extended service plan makes sense is when you:.
It covers more than 1, parts, so there's a good chance that you will escape potentially hefty repair bills should something go wrong. In addition, the plan has a coverage duration of up to seven years should you choose to invest in that length of protection.
We also like that there are no mileage limitations with the extended service plan. It doesn't matter if you ride 1, or 10, miles a year because the plan will provide protection regardless. This is a particularly appealing feature to bikers who put a lot of miles on their machines.
Another benefit is the plan's transferability. While it's not uncommon for a basic factory warranty to transfer from one owner to the next, it's not as common when it comes to extended service plans. This is beneficial because a potential buyer may be more interested in your bike compared to one that does not come with the coverage, which in turn can boost the resale value. Finally, H-D provides travel reimbursement through its extended service plan. If you're stranded and need a rental vehicle or lodging for a night or two while your bike is being serviced for warranty repairs, the company will cover the expenses.
Unlike a factory warranty, you have to pay for the extended service plan. It's a package that you purchase separately from the basic warranty, and you must meet with a member of the sales department at your particular dealership to determine how much the extended service plan will cost. You also need to purchase the extended service plan before the factory warranty expires.
You can do this when you first take your new bike home or within two years of ownership. If for some reason problems surface with your bike even just a couple times a year, this deductible can add up. While the extended warranty provides travel reimbursement benefits, it doesn't provide roadside assistance.
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