Author [NL] [FR] [ES] [DE] [SE] [IT] Topic: Extended Warranty  (Read 5575 times)

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  • Offline aek

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    Offline aek

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    Extended Warranty
    on: Mar 30, 2017, 08.30 am
    Mar 30, 2017, 08.30 am
    New member here wondering what the general consensus is regarding extended warranties.  i bought a new Trophy SE today and didn't buy the warranty.  I'm picking the bike up on Friday and can add it as a new purchase until then if I wish.  7years is $1299.  I normally don't do these kind of warranties but I need other opinions for this one.  Help!  And thanks.
    Art     


    Edit 30/03/17 : Title only changed
    to aid future Forum Topic searches,
    from "Extended Warrenty"
    to "Extended Warranty"

    Trophy Moderator
    Last Edit: Mar 31, 2017, 01.21 pm by Trophy Moderator

  • Online Coconut   gb

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    Online Coconut

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    Re: Extended Warranty
    Reply #1 on: Mar 30, 2017, 12.01 pm
    Mar 30, 2017, 12.01 pm
    It's like any Insurance - Buy it and you get Peace of Mind but may never use it.

    Don't buy it and you will suffer an expensive breakdown
    the day after the Manufacturer's warranty expires !

    Consider what out of warranty breakdowns you might have,
    and take a look at some of the prices of the spare parts
    that would be needed here : World of Triumph
    or any other Triumph Dealer site near you that lists Parts & prices,
    which may help you decide whether to buy the extended warranty,
    or be prepared to pay out if the worst happens !

    Last Edit: May 23, 2020, 12.42 pm by Coconut

  • Offline cropbiker   gb

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    Offline cropbiker

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    Re: Extended Warranty
    Reply #2 on: Mar 30, 2017, 12.37 pm
    Mar 30, 2017, 12.37 pm
    My opinion is always if you can afford to pay for the warranty today put the money in a savings account and leave it.

    If you have a fault then the likelihood is you will have the cash to pay for it.
    If you don't have a fault then you have cash already towards the next bike!!!

    If you can't afford it today then decide what you can afford each month for servicing and repairs. Put that aside and again use it if you need it or put it to a new bike when you come to change.
    Triumph Trophy! Not for every Tomaz, Dieter or Herman!🇬🇧

  • Offline lemuriano

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    Offline lemuriano

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    Re: Extended Warranty
    Reply #3 on: Mar 30, 2017, 01.08 pm
    Mar 30, 2017, 01.08 pm
    *Originally Posted by aek [+]
    I normally don't do these kind of warranties

    Put into the equation that the TTSE is an expensive bike to repair.

    In my case. I used the first two years of standard warranty to decide if the bike was a keeper. Few days before the expiration, I went to the dealer and bought 4 more years for about $684.00 (18 installments of $38.00), which extended the warranty until 2021. That is enough for me, as most likely. I will be replacing the bike by then.

    I may add, that the more miles you put on the bike, the odds that you will need the warranty also increase. I put 50k miles on the first two years, so yes, the extended warranty make sense for me. But on the other hand, if I was riding 5k miles a year, I wouldn't had purchase the extended warranty.   
    Last Edit: Mar 30, 2017, 01.22 pm by lemuriano
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  • Offline ZShyster   us

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    Offline ZShyster

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    Re: Extended Warranty
    Reply #4 on: Mar 30, 2017, 01.13 pm
    Mar 30, 2017, 01.13 pm
    aek,

    Welcome to the group.   :821: 

    I purchased an extended warranty before my factory warranty ran out.  My reasoning was based on the fact that the complex systems in this bike are not easy for the novice back yard mechanic to fix and used or after market parts are very scarce.  (Unlike Harley Davidson)

    Consequently, I am often required to use Triumph dealer mechanics and required to buy new parts from the dealer. I have already had a Tire pressure monitor replaced under this warranty, saving me $136.00, and that is the simplest thing on the bike that can need replacement.

    If I never use the extended warranty again, I am fine with that.  These bikes do not have high resale value, so I intend to ride it until it becomes too expensive to fix, the extended warranty just assures that that time is a few more years in the future.

    ZShyster


  • Offline janfmiller   us

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    Offline janfmiller

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    Re: Extended Warranty
    Reply #5 on: Mar 30, 2017, 01.48 pm
    Mar 30, 2017, 01.48 pm
    As Coconut says, it would only take one thing wrong to pay for the warranty.  Like any insurance, you bet them something terrible will happen, and then do everything you can to make sure they win the bet.  Nothing on this bike takes less than 2.5 hours it seems, even a 20K maint is 8+ hours of labor, so I bought one, added 3 years.  When it expires, assuming I can still ride  :155: I'm buying a new bike...
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  • Offline william

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    Offline william

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    Re: Extended Warranty
    Reply #6 on: Mar 30, 2017, 02.56 pm
    Mar 30, 2017, 02.56 pm
    My bike was out of warranty. Major engine problem. Luckily Triumph stepped up and took care of it. It was an ongoing problem that got lost in the system. If they had not stepped up. It would have been over 5K in repair bill. And of course I could have tried to get repair at other than dealer. But the Triumph is not a Harley. So in my case a extended warranty would have been super beneficial if Triumph had not taken care of it. Today I would gladly buy a warranty if offered.

  • Offline william

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    Offline william

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    Re: Extended Warranty
    Reply #7 on: Mar 30, 2017, 02.59 pm
    Mar 30, 2017, 02.59 pm
    Also. Congrats on new bike. Your gonna love it. My bike was down for 4 months. I am so happy to have it back. In fact. I have not out boxes b,ack on. Been riding around town like its a sport bike. Love love love the TT.

     



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