Re: Extend warranty : yes or no ?
It begs a question: how much more would you pay for a full (same as 3y oem), transferable 5y warranty? 6y? 8y? It would be interesting to see how this affected purchasing behavior. If the up charge was reasonable which in this instance should mean only this: BMW's calculation is based only on: break even costs to the mother company AND the service shop performing the qualifying warranty repairs, then it could be hugely valuable. Both BMW-Motorrad and local dealerships would benefit greatly from confidence from would-be buyers--no more concerns over final drives, bum cams, etc etc etc. If 3y is standard I would love to see what each add'l year of coverage should cost if based on the above calculation. BMW may already have considered this because certainly having *only* 3y of initial coverage is certainly enough to stand out in the field, but as well starts positively influencing purchasing behavior for buyers who don't like not having full warranty coverage and so end up buying every 2-3y. In any case I would love to see the option--I think I would easily cough up $300-$400 per year over 3y. This may be quite reasonable given the fact after market extended warranties entail lots of markup for sellers and carrier profit margins. Even so they would need to also define by adding a mileage limit as well else the real diehard iron buttsters could end up costing them. Also, it pricing should be tied to actuarial data so ultimately the price per year should go up over time to offset inflation and the fact that generally more stuff fails the more time/miles on the road.
2016 R1200RT - Dreamliner
2013 F800GT - Sold
1986 Parallel Twin Daughters -
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1985 Kawasaki 1000 LTD - Sold
1964 Harley Davidson Sprint 250 - Sold
1968 Honda 350 - Sold
Last edited by NoelCP; Jan 18th, 2020 at 9:07 pm.