Spent part of yesterday at my usual dealer. Looking, shopping, drinking their coffee and hanging out. The 6 year extended warranty I paid $945 for on my 2016 R1200RS now with 140,000 miles is running out in a couple of weeks so decided to check what an extension would cost.
Current company AfterCare would not do an extension nor would BMW with their new policy. My dealer sells those two and a 3rd company called National Auto Care Powersports. They would do an extension on my bike knowing the 140,000 miles and using an estimated value of $8000 and covering up to that total amount for all warranty incidents. Zero deductible, 100% parts and labor, pickup and delivery in an event breakdown and substitute transportation while bike is down.
2 years - $1999, 4 years - $2799, 5 years - $2999.
At those prices decided to pass on an extension. If I was going to continue riding the current RS 20,000 to 25,000 miles per year maybe would consider.
In our discussion I asked the dealer which policies they are writing the most now. The finance manager said they wrote maybe one BMW policy since it was available and are moving away from AfterCare to National as their coverage is very good and easy to work with.
I asked him what a National policy costs if purchased when the bike is new. He said if you use a top of line GSA, RT, GT, etc and assume a value of $30,000 you can get a 7 year policy, unlimited miles for $1757. The 7 years overlaps the BMW 36,000 mile warranty. My thought is if someone is averaging 9000 miles a year I'd question spending $1757 for those last 4 years. Someone riding 20,000 miles plus per year it might make sense to be covered knowing they are putting 150,000 miles on the bike.
I was very happy I had the extended warranty on my RS with all the replacement parts when the drive shaft failed at 93,000 miles plus it covered a front tire sensor, clutch microswitch and headlight wiring kit.
Will I buy an extended warranty when the next new bike arrives. Yes.
Current company AfterCare would not do an extension nor would BMW with their new policy. My dealer sells those two and a 3rd company called National Auto Care Powersports. They would do an extension on my bike knowing the 140,000 miles and using an estimated value of $8000 and covering up to that total amount for all warranty incidents. Zero deductible, 100% parts and labor, pickup and delivery in an event breakdown and substitute transportation while bike is down.
2 years - $1999, 4 years - $2799, 5 years - $2999.
At those prices decided to pass on an extension. If I was going to continue riding the current RS 20,000 to 25,000 miles per year maybe would consider.
In our discussion I asked the dealer which policies they are writing the most now. The finance manager said they wrote maybe one BMW policy since it was available and are moving away from AfterCare to National as their coverage is very good and easy to work with.
I asked him what a National policy costs if purchased when the bike is new. He said if you use a top of line GSA, RT, GT, etc and assume a value of $30,000 you can get a 7 year policy, unlimited miles for $1757. The 7 years overlaps the BMW 36,000 mile warranty. My thought is if someone is averaging 9000 miles a year I'd question spending $1757 for those last 4 years. Someone riding 20,000 miles plus per year it might make sense to be covered knowing they are putting 150,000 miles on the bike.
I was very happy I had the extended warranty on my RS with all the replacement parts when the drive shaft failed at 93,000 miles plus it covered a front tire sensor, clutch microswitch and headlight wiring kit.
Will I buy an extended warranty when the next new bike arrives. Yes.
Darrell
2016 R1200RS
2022 R1250RT
2016 R1200RS
2022 R1250RT