Extended Warranty

[ChasMill]

Just had an invitation from BMW to extend the manufacturers warranty on my bike for the princely sum of £690.
This seems to be excessive to me so I decided to do some investigation.
Warranty Direct is a company that Honest John in the Daily Telegraph seems to be keen on. Their car shaeme is underwritten by Cassidy davis at Lloyd's (where I happen to work).
I had a chat with one of their underwriters this morning who has no business objection to considering motorbikes as well as cars - he simply asked how big I thought the potential market was - i.e. how many of us would purchase extended warranties if they were available.
Over to you?

[Andy Oh]

I'd definitely be interested as the 2 year Yamaha warranty on my R1 will expire in April next year and you cannot extend the warranty on Yamahas. Must admit I've had no warranty issues at all with the R1 but I'd be interested to see what the potential premium would be from the undewriter you have mentioned. This could possibly be a potentially good line of new business for him.

If you can, please keep us informed of any further developments.

Cheers,

Andy

Edited by Andy Oh on Tuesday 24th October 11:34

[ballon]

Charlie keep me posted

[chilli]

Not sure i'd bother. Apart from the fact that I'm likely to smash it up anyway, is there THAT much that can go wrong with a modern japanese 600cc engine? Don't mean to set myself up here, but "I know nothing".

[Steve_T]

I agree Chilli, Japanese bikes are typically very well engineered, they only really tend to suffer with neglect. Provided you keep on top of servicing not much should go wrong. If the warranty provided an alternative bike should yours need attention, it could be worth it if you're heavily dependent on your bike.

Steve.

[JustTheTip]

Just bought a Duke - should I be interested?

[ballon]

JustTheTip said:

Just bought a Duke - should I be interested?

Now on my 4th and have never had a p....... with any of them in circa excess of 30,000 miles, probably just sealed both our fates there.

[kiwi_uk]

I agree, only issues I've had have been down to me tituing (that's kiwi for playing with things you do not know much about ) with stuff on the bike. Aprilia now offer a 4 year warranty, first two years are standard then an optional extention if you agree to continue to have the bike serviced at an offical Aprila dealer. AND WHO SAYS APRILIA ARE UNRELIABLE!!!!