Deleted
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Post by Deleted on Jul 27, 2019 12:31:56 GMT -7
Didn't find a poll on this, so I'm starting one, to see how many forum members bought it. My bike only has 1.5 months left on the factory warranty, and only 877 miles, so I'm considering buying a service contract for the first time in my 57 years, mainly due to the few engine failures reported, but I'm still on the fence if I should do it, hence this poll. Please only answer 'NO' if your bike is already over 1 year old and didn't buy it, or if newer, but you're 100% sure you won't buy it. If you answered 'YES', please post how much you paid, and where you bought it from. I found a $469 deal on eBay, which somebody on this forum suggested, but it's a Kawasaki dealer in Colorado. Can a non-Yamaha dealer sell a legitimate Yamaha service contract??? Hopefully others have found a better deal, so I can try to push my local dealer to match the best posted price here  . And if the eBay deal is the best, hopefully several members can vouch for the legitimacy of it with at least 1 use of such contract. Owner's manual kind of implies you need to buy it from your local dealer, hence my skepticism of buying it elsewhere, but hopefully they'll agree to match somebody else's price. We'll see. All comments welcome. JC |
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Post by clayton on Jul 27, 2019 18:08:34 GMT -7
Didn't find a poll on this, so I'm starting one, to see how many forum members bought it. My bike only has 1.5 months left on the factory warranty, and only 877 miles, so I'm considering buying a service contract for the first time in my 57 years, mainly due to the few engine failures reported, but I'm still on the fence if I should do it, hence this poll. Please only answer 'NO' if your bike is already over 1 year old and didn't buy it, or if newer, but you're 100% sure you won't buy it. If you answered 'YES', please post how much you paid, and where you bought it from. I found a $469 deal on eBay, which somebody on this forum suggested, but it's a Kawasaki dealer in Colorado. Can a non-Yamaha dealer sell a legitimate Yamaha service contract??? Hopefully others have found a better deal, so I can try to push my local dealer to match the best posted price here . And if the eBay deal is the best, hopefully several members can vouch for the legitimacy of it with at least 1 use of such contract. Owner's manual kind of implies you need to buy it from your local dealer, hence my skepticism of buying it elsewhere, but hopefully they'll agree to match somebody else's price. We'll see. All comments welcome. JC No! now have 6200 trouble free miles |
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techsniffer
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Post by techsniffer on Jul 27, 2019 20:29:22 GMT -7
I did because a few years back I didnt have one on a car I was driving and it blew up as a really horrible time financially and that small $2000 investment could have saved me almost $25k. For the $700 investment on my bike it might very well save me thousands in the long run. It's no different than paying my monthly insurance, you pay for the what-if and hope you don't need it and are so happy if you do.
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jsantoli
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Registered: Jul 26, 2019 2:02:25 GMT -7
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Post by jsantoli on Jul 27, 2019 21:22:20 GMT -7
I did, for $500 I figured why not. I just bought the bike on wednesday
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vk
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Registered: Apr 19, 2019 20:36:08 GMT -7
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Post by vk on Jul 28, 2019 4:13:21 GMT -7
No to service stuff (where they do your maintenance for you) but yes to extended warranty (for all the electronic stuff on bikes anymore). I use all the Yamaha products for fluids and keep the receipts. Not to mention dont really trust the some of the service folks(not all just some) at dealers. My luck some service dude will showup to work hungover and forget something lol (like the bolt left in the steering head area)!!
Think it was around 712 bucks or something like that.
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Deleted
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Post by Deleted on Jul 29, 2019 11:32:09 GMT -7
Thank you for the replies. We have 6 YESs and 4 NOs so far. The reasoning is equally compelling on both sides, but to make the decision, it boils down to value for your money. Some folks saw it even at full price ($700+). I honestly don't see it at full price, but if I can get it for $469, AND from my local dealer (willing to match the eBay price), I'd be on the fence. Nobody has posted about buying it from that eBay CO seller. Unless I hear of at least one testimonial (meaning his dealer would honor it) from a forum member, I wouldn't consider it. And the reason for being on the fence is I don't really trust my closest dealer (they overfilled my bike with oil, and knocked a rubber bumper from my seat, during PDI), or any other, for that matter. So I wouldn't use the 'warranty' unless it was something catastrophic (blown engine, etc), and the chances of that without tracking the bike, are quite low. I'm planning to take my bike to the Hill Country on Sep 14-17, and my warranty expires on the 18. I'm probably not going to use the bike until then, and might put maybe 600 miles on that trip, putting the clock right at 1,500 miles. So my final question for those in my shoes is this: Is 1,500 miles enough to notice any early symptoms of a nasty manufacturing defect lurking inside??? I think the reported blown engines took longer than that, but don't know if the engine got noisier earlier. That's the only reason I'm considering the 'extended warranty', due to my very low mileage. Keep the comments coming . |
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Post by RedAndBlack on Jul 29, 2019 18:20:15 GMT -7
No. Too many modifications. Too much shit that'll void a warranty. The only thing that would make it worth it is to save against a catostrophic engine failure and no way would that get warranty with a flashed ECU
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3lseeker
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Registered: Dec 9, 2018 10:07:56 GMT -7
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Post by 3lseeker on Jul 29, 2019 18:52:10 GMT -7
No, I decided to play the odds and use that money for extra goodies. Yamaha is number one in motorcycle sales for a reason.
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fitzdrew516
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Registered: May 14, 2018 10:34:08 GMT -7
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Post by fitzdrew516 on Jul 30, 2019 12:19:40 GMT -7
Nope. Extended warranties are an odds game and the company is the house. They put all kinds of research into making these sales/what they cost vs. what they actually pay out. Yamaha is not in the business to lose money. So their law of averages says that they will make money on you not using your warranty over the 4 years or however long they run for. Now obviously there are outliers (the motors that blow), but these are extremely rare.
Also - I think it's important to note that this is a bike and not a car. For most people this is not a main means of transportation, and I'd be surprised if most people even put 6k miles on their bike a year. So you're talking about a very well engineered and reliable bike maybe having 30k miles on it at the end of that 4 years (after the initial 1 year factory warranty). 30k is nothing for a brand new motor. Chances are if your bike is going to catastrophically bomb (which is rare already) that it happens within the first year (covered by factory warranty).
/rant
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Deleted
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Post by Deleted on Jul 30, 2019 13:14:00 GMT -7
Now the NOs are up (8 vs 6). By never having bought any 'extended warranties', even if I had to pay for a new engine, I'd still be ahead of the game, since I've saved tens of thousands of dollars by not buying any 'extended warranties' for any of the dozens of vehicles (bikes and cars) I've bought in my 57 years. Having said that, I'm only considering it on this bike due to the very low miles I have, which might not be enough to uncover a bad engine, AND the tons of money I'm having to pay for my recurring cancer (4th time). But I'm still having a hard time justifying the expense. Okay, just heard from the general manager of my local dealer and he can do it for $465 if done by tomorrow (end of month). So he basically beat the cheapest eBay deal. Now the question becomes: Is it worth buying it for $465 or not? Hmmmm. For those who voted NO, does that price change your mind? |
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superspirit
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Post by superspirit on Jul 30, 2019 13:25:10 GMT -7
I've purchased 1 extended warranty in my life and when I actually needed it. It didn't cover the problem. I'll never do that again. Because of your medical situation, it might just buy you a lil piece of mind so you can shift your concerns elsewhere as need be. Best of luck to you!
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vk
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Registered: Apr 19, 2019 20:36:08 GMT -7
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Post by vk on Jul 30, 2019 15:05:28 GMT -7
I've purchased 1 extended warranty in my life and when I actually needed it. It didn't cover the problem. I'll never do that again. Because of your medical situation, it might just buy you a lil piece of mind so you can shift your concerns elsewhere as need be. Best of luck to you! Gotta agree with this. That's why I bought it, peace of mind. My only other Yamaha bikes were a yz426 and a huge pos ttr225. That thing was always jacked up. |
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Post by Deleted on Jul 30, 2019 15:54:30 GMT -7
I'm officially considering buying it due to the price ($465, or about $120/yr), BUT it's far from certain at this point. I asked the manager for the entire contract, since I couldn't find anything online. If the contract is not 'exclusionary', meaning it just says what's not covered (rather than what is), I'd probably pass. Also need to know amount of deductible (if any), transfer fee (if any), any pro-rations (if any), and any other exclusions besides the obvious (wear items, etc). I'd only buy it if it covers the same as the original warranty, with no deductible (or very little), and no pro-rations. Hopefully the transfer fee is small too. The other concern for those buying it elsewhere is if your local dealer would be there for you. Nobody has posted with a testimonial yet; only owners who bought it. At any rate, I should make my decision tomorrow. These contracts can be very deceiving, so hopefully I can get my hands on it, to scrutinize it, and I'd post here what I found, and what I decided. Thank you again for all the replies . |
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mist
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Post by mist on Aug 11, 2019 7:53:54 GMT -7
Yes. Purchased the motorcycle last week and opted for the Yamaha 48 month extended warranty at a cost of $420.
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Deleted
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Post by Deleted on Aug 11, 2019 13:04:50 GMT -7
Oh man, that's the lowest I've seen. I haven't bought it yet, but kind of accepted the $465 from my dealer, so I'm stuck with that. I bet Mist got that deal as part of the motorcycle purchase, but if his dealer is willing to sell at that price, he should post it, since it'd be the cheapest option. Now to the good news: Finally got the link to the contract, and here it is: www.yocracing.com/docs/yescontract.pdfThe good news is Y.E.S. is an exclusionary policy, meaning whatever is not excluded, is covered, which is the best kind of contract for consumers. For what I gathered, it's basically the same thing as the factory warranty, with the expected exclusions IMO. It covers manufacturing defects, as long as they can't be attributed to modifications, accidents, wear and tear (like reduced compression), etc. And just like the factory warranty, all wear items (battery, chain, sprockets, brake rotors/pads, etc) are excluded, as expected. It doesn't specify transfer fee, which is up to dealers. It doesn't talk about deductibles either, but I think it's zero, right? Don't remember what dealer said, but I like to see that kind of thing in writing. Anyway, need to think until the end of the month if I want it or not . |
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kristianmartin
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Registered: Jun 28, 2017 14:29:06 GMT -7
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Post by kristianmartin on Aug 14, 2019 10:24:48 GMT -7
No on the Y.E.S. warranty. Instead I purchased a maintenance contract that was good for 9 of the scheduled maintenance points. I'm already at 7 or 8 on my 2017 with ~29k miles so it has paid off very well for me already.
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dndfindley
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Registered: May 18, 2018 22:21:04 GMT -7
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Post by dndfindley on Aug 14, 2019 21:03:33 GMT -7
It's a Yamaha so no reason to buy an extended warranty. The 2017 FZ-10 is my fourth Yamaha and I have never had any trouble out of any of them.
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nwryder
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Registered: Aug 16, 2019 22:00:04 GMT -7
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Post by nwryder on Aug 16, 2019 22:13:46 GMT -7
Nope. Bought an extended warranty on a Toyota once. When I needed to use it; nahda!. Like some others here, this is my fifth Yamaha since the 70's. Never a problem.
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sam07
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Post by sam07 on Sept 13, 2019 20:43:37 GMT -7
Yes, 4 years. Forgot how much I paid but after 2 sets of headlights and a brake switch, I’m glad I did.
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blakbear
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Registered: May 31, 2018 19:47:07 GMT -7
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Post by blakbear on Sept 15, 2019 22:21:52 GMT -7
Didn't find a poll on this, so I'm starting one, to see how many forum members bought it. My bike only has 1.5 months left on the factory warranty, and only 877 miles, so I'm considering buying a service contract for the first time in my 57 years, mainly due to the few engine failures reported, but I'm still on the fence if I should do it, hence this poll. Please only answer 'NO' if your bike is already over 1 year old and didn't buy it, or if newer, but you're 100% sure you won't buy it. If you answered 'YES', please post how much you paid, and where you bought it from. I found a $469 deal on eBay, which somebody on this forum suggested, but it's a Kawasaki dealer in Colorado. Can a non-Yamaha dealer sell a legitimate Yamaha service contract??? Hopefully others have found a better deal, so I can try to push my local dealer to match the best posted price here . And if the eBay deal is the best, hopefully several members can vouch for the legitimacy of it with at least 1 use of such contract. Owner's manual kind of implies you need to buy it from your local dealer, hence my skepticism of buying it elsewhere, but hopefully they'll agree to match somebody else's price. We'll see. All comments welcome. JC Yes for me, as i had that catastrophic engine failure, i did get the dealer to price match the 469 from the online ebay listing. also had those stress cracks on the led lamp, so... figured id rather have the coverage for the motor, and chances are those led lamps gonna crack again ( as long as its not from a rock chip) id want to get that replaced each time. |
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. And if the eBay deal is the best, hopefully several members can vouch for the legitimacy of it with at least 1 use of such contract. Owner's manual kind of implies you need to buy it from your local dealer, hence my skepticism of buying it elsewhere, but hopefully they'll agree to match somebody else's price. We'll see. All comments welcome.
