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Is the extended warranty that BMW offers, worth it when purchasing a new bike? Pro's and Con's?
My wife and I both purchased BMW Extended Warranties with our 2015 R1200GS bikes and they came into effect in February of this year.
We have not been without a couple of warranty covered issues during the original warranty period (particularly my bike), so when we were coming up to the end of the first two years we were grateful that we had purchased the extended warranty back when we got the bikes.
In Australia, as I understand it, the extended warranty must be purchased at the time of buying the bikes, because dealers are not licensed to sell warranties later (they are not licensed insurance brokers).
So, with this additional 12 months of "peace of mind" we hoped we would never need something we paid a significant price for.
Then I discovered (should have read the fine print) that although the warranty covers all items under the original manufacturers warranty - it DOES NOT cover the bike outside of Australia.
To say I was stunned is an understatement. We try to take our bikes overseas as often as we can to chase new adventures and to find out that we were no longer covered by warranty in the event of an incident was certainly unfortunate.
It may not be the same in the US or Europe but that's how it is for us in Australia. It's not the end of the world and will not stop us from taking our bikes internationally, but it seems wrong.
Make life a ride, take on the world, but insurance companies don't hold true to the BMW mantra.
Is the extended warranty that BMW offers, worth it when purchasing a new bike? Pro's and Con's?