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| | | Junior Member
 
Group: Forum Members
Last Login: 8/17/2008 11:00:53 PM
Posts: 10, Visits: 23 |
| I wanted to get feedback from other peoples personal experiences. Is it really worth the extra money to purchase the Good Times Protection Plan when I purchase my new bike from the dealer. What exactly does it cover?
Thanks |
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Supreme Being
Group: Forum Members
Last Login: 11/25/2008 2:59:06 PM
Posts: 322, Visits: 317 |
| I've never bought an extended warranty on a vehicle, so I can't give you personal experience. However, I usually go on the idea that it is a gamble for both side, but Kawasaki has all the information on the liklihood of the gamble paying off for them. If, on average, they were spending more on fixing covered bike, than they were making on selling the warranty, they'd either raise the price, or stop selling the warranty.
the 250, though changed this year, still appears to basically the same (very good) bike it has been for years. If it was a whole new motor, tranny and all, there would be more of a possibility of thing going wrong with it unexpectedly, as the bugs got worked out on a new design. This doen't appear to be the case here, so that may be one vote against getting the warranty.
Also, if something is defective on the bike, it is more likely to break early in the bike's existence (unless the bike barely gets ridden). This means, that any big problems that may arise with a new bike are more likely to show up in that first year and be covered under the original manufacturer warranty.
I called Kawi, and the prices for the ext warranty are as follows, (remember, the original manufactuere warranty still exists, these are extensions beyond that point.)
12 month extension- $286
24 month- 330
36 month- 418
48 month- 528
Not unbelievably expensive, but again, Kawi knows that on average, they spend less to fix bikes under the program, than they bring in on it.
Also, read very carefully the exceptions listed on their website http://www.kawasaki.com/Content/pdfs/GTPPCert.pdf
It looks like you'd have to follow recommended service and maintenance fairly strictly, and you may have to have a Kawi service department do and record all the work so as not to void your warranty. Find that out first, because if you plan do do your own oil changes, lubes, other minor maintenance, or add aftermarket parts yourself, you may not be able to, and the cost of having the dealer do those would add up.
So that's why I don't buy extended warranties, but the reason I would do it would be if I could easily afford it for the peace of mind.
My advice would be to wait on the extended, and see how the bike is up to just before the time the normal warranty wears out. If there have been problems, then you can still buy the extended warranty then, and have peace of mind that if the bike continues to have problems, you'll be covered.
K$ |
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| | | Junior Member
Group: Forum Members
Last Login: 8/17/2008 11:00:53 PM
Posts: 10, Visits: 23 |
| | Thanks to you again for answering another one of my questions. Quite a bit more detail then I expected, but it gave me alot to consider when I get my bike....thanks again. |
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