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+--- Thread: Service contracts are they worth it on a new 2017 cb (/showthread.php?tid=1930)
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Service contracts are they worth it on a new 2017 cb - pittycheria_imp - 05-19-2017
Does it make sense to pay 1700 for a dealer service contract that covers 3 years or 6 services for my new 2017 cb1100 ex (will get it in 3 weeks) - I plan to be a weekend rider , probably won't do more than 5k mikes a year
What are your typical maintenance costs ?
RE: Service contracts are they worth it on a new 2017 cb - Capo - 05-19-2017
No. You can do an oil change yourself for $30, basic maintenance yourself for $0. They are just looking to collect upfront what they will soak you for over time. Put the $1700 in the bank and draw it down over your time of ownership.
RE: Service contracts are they worth it on a new 2017 cb - LongRanger_imp - 05-19-2017
Agreed. Oil changes are recommended every 4000 miles and as Capo suggests, they are inexpensive and easy to perform yourself. I'm not sure your bike will require much more attention than that in the first 15,000 miles / 3 years of ownership (perhaps a set of brake pads, but they're inexpensive too). Even if the service contract included periodic tire, chain, and sprocket replacement, which I imagine it doesn't, you'd still be ahead by not buying it. Besides, the maintenance schedule doesn't specify six services in the first 15,000 miles. I might consider buying the contract for $700, not $1700, but even that seems a bit steep.
Service contracts are they worth it on a new 2017 cb - pittycheria_imp - 05-19-2017
Thank you both for that perspective
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RE: Service contracts are they worth it on a new 2017 cb - emptysea - 05-19-2017
I think my service agreement costs less and pays for more than does yours, but I feel that I have come out ahead in the deal. I average 7,000 miles per year.
I had like 5 paragraphs typed out and posted, then realized that there's an shorter way to advise you on this decision:
Figure out what the dealer would charge you for the various service over the course of 3 years/15,000 miles (there's more service than just oil changes)
Figure out what it would cost you to do these services yourself.
Figure out what your spare time is worth to you per hour (this was the tipping point for me because I only have so many riding hours/month and I do not have time or inclination to spend my evenings or my riding time doing anything more than the occasional chain maintenance)
Compare the cost of dealer-performed maintenance, the cost of DIY maintenance (including your personal hourly labor rate) and the cost of the service agreement (remember to factor in that they are only covering 6 services, so you may have to pay for a couple of lower cost services, like oil changes, out of pocket or do them yourselves).
Put all of that on paper and you should get a pretty good idea of the right way to go for you. Luckily, you have 3 weeks to figure this out. Good luck and happy computing.
RE: Service contracts are they worth it on a new 2017 cb - ohiorider_imp - 05-20-2017
(05-19-2017, 06:56 AM)pittycheria_imp Wrote: Does it make sense to pay 1700 for a dealer service contract that covers 3 years or 6 services for my new 2017 cb1100 ex (will get it in 3 weeks) - I plan to be a weekend rider , probably won't do more than 5k mikes a yearI initially thought you meant a warranty extension program. If it's for basic service over 3 years only, sounds quite high. If you're doing 5k miles per year, even the most expensive basic service (checking valves and/or replacing shim(s) would only be required once in 3 years. As others have said, oil changes are a piece of cake once you're able to loosen the oil filter the first time.
What are your typical maintenance costs ?
When I owned a W650, I added an extended 3 year unlimited mileage warranty for (as I recall)about $450.00. Several thousand miles into ownership, a weld broke on the exhaust system. The Kaw dealer took a few photos, submitted the claim, which Kaw honored
RE: Service contracts are they worth it on a new 2017 cb - LongRanger_imp - 05-20-2017
Yep, extended warranties are a different story. I bought a third-party extended warranty for my K-bike, and once my servicing dealer caught wind of it, all sorts of components started failing and "had to be replaced." I don't know who made off better, me or him. Doubtful I'd bother buying one for my CB.
RE: Service contracts are they worth it on a new 2017 cb - ohiorider_imp - 05-20-2017
(05-20-2017, 03:11 AM)LongRanger_imp Wrote: Yep, extended warranties are a different story. I bought a third-party extended warranty for my K-bike, and once my servicing dealer caught wind of it, all sorts of components started failing and "had to be replaced." I don't know who made off better, me or him. Doubtful I'd bother buying one for my CB.My situation may have been different with the extended warranty, since it was underwritten by Kawasaki. I broke even, only because the exhaust cracked, and the cost of a new one was about the same as the cost of the contract. That bike was built too good! Sold it when it hit 50,000 miles. Exhaust was the only problem I ever had with it. Sweet ride, I thought.
RE: Service contracts are they worth it on a new 2017 cb - decarmine_imp - 05-21-2017
If extended warranties, or ANY kind of warranties, were truly structured such that the purchaser would come out ahead, NOBODY would sell them. In the short run, of course, ANYTHING could happen...
Service contracts are they worth it on a new 2017 cb - Elipten_imp - 05-21-2017
It is a statistical sharing of risk across a large population. Like a casino few win, most lose and the house profits. Roles reversed in extended warranties. They would not sell them if they lost money.
The question is are you feeling lucky? Are you risk adverse?
Roll the dice take your chance
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