Extended warranty..Who's buying one??

Just received this email from my dealer.

Hope you are still enjoying your Ducati, our records show that your factory warranty is going to expire in about a year. I just wanted to let you know that we have some alternatives to allow your warranty to be extended for an additional 36 months beyond the factory warranty. The warranty that we have available, can only be purchased within the first year that you own the motorcycle, so time is running out.

Our extended warranty will cover everything that your factory warranty covers for $799.00 (So about $267.00 per year). This total is for 3 years of warranty coverage, beyond your 2 years factory warranty, which would allow your bike investment to be covered for a total of five years.

Haven't contacted them yet but will probably go with it.

^ Sounds like a good deal. I'll be checking with my dealer soon as well.

Stw said:

Will do... I know 5 years is around $2k.. and 1 is around $800...once I have more info I will post up...

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$800 seems a bit high for only one additional year of coverage. Considering Slnvail's post, are you certain the offer wasn't for three years beyond your two year warranty?

Duck41 said:

$800 seems a bit high for only one additional year of coverage. Considering Slnvail's post, are you certain the offer wasn't for three years beyond your two year warranty?

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This was a brief Facebook "conversation" but I am sure thats what was stated..I intend to find out more tomorrow ...so if I am misquoting/misunderstanding I apologise and will clarify as soon as I can... But I agree it seems a little high when I think about it....

I couldn't vote because I am either going to get the warranty or sell it before the warranty expires. I haven't made up my mind yet. I definitely won't keep it beyond the warranty period with no warranty though. I don't trust the bike enough to do that.

I now have the "Ducati Ever Red" Motorcycle Protection Plan (Extended Warranty) for an additional three years of coverage. It covers everything the original warranty covers, no limit on miles, no deductible if I take it to a Ducati dealer and a $50 deductible if I take it to a non-Ducati dealer.
Of note, like the original warranty, this one also provides towing expenses up to $200 (which I used a couple of times during the first to years to pay for getting my bike to the dealer) and expenses associated with being stranded (e.g. Hotel) for $150 per day for up to three days.
Of note, the warranty (insurance) is provided/underwritten by Fidelity Warranty Services.

Styler said:

I now have the "Ducati Ever Red" Motorcycle Protection Plan (Extended Warranty) for an additional three years of coverage. It covers everything the original warranty covers, no limit on miles, no deductible if I take it to a Ducati dealer and a $50 deductible if I take it to a non-Ducati dealer.
Of note, like the original warranty, this one also provides towing expenses up to $200 (which I used a couple of times during the first to years to pay for getting my bike to the dealer) and expenses associated with being stranded (e.g. Hotel) for $150 per day for up to three days.
Of note, the warranty (insurance) is provided/underwritten by Fidelity Warranty Services.

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Interesting. How much, and where did you purchase?

Regarding towing and roadside assistance, I have AAA Plus with Motorcycle. This covers my cars and my motorcycle with flatbed towing and other services like battery and gas. Not sure what it is a year, but it's fairly cheap and has saved me so many times in cars that I wouldn't be without it.

JeffD said:

Interesting. How much, and where did you purchase?

Regarding towing and roadside assistance, I have AAA Plus with Motorcycle. This covers my cars and my motorcycle with flatbed towing and other services like battery and gas. Not sure what it is a year, but it's fairly cheap and has saved me so many times in cars that I wouldn't be without it.

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I am working on doing some kind of forum discount using the Forever Red program...this might well not be possible....But I am trying...

But please please please dont get your hopes up.... This is going to be a tough one...

Having this issue looked into right now for myself!

Hey I was just kicking the idea around. STW, Juice, Mark, Phil, Evol, etc feel free to chime in, along with anyone else whos seen it.

Would anyone be interested in buying my Tricolore with everything included? No, I have no idea on a price AND I guess it could be WITH or WITHOUT the BST wheels?

Gunny Fitz said:

Having this issue looked into right now for myself!

Hey I was just kicking the idea around. STW, Juice, Mark, Phil, Evol, etc feel free to chime in, along with anyone else whos seen it.

Would anyone be interested in buying my Tricolore with everything included? No, I have no idea on a price AND I guess it could be WITH or WITHOUT the BST wheels?

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Gunny...given the mods on it and its mileage I think you are a classic example of someone who should keep their bike and buy an extended warranty.... Selling it will bite you where it hurts...

I buyed mine with the bike: 5 years for 1k

Lol.

My dealer doesn't have any details yet, just that Ducati is bringing back an extended warranty... I hope they come up with something before my 1st year is up.

May be a dumb question, but...What if, like a ......., you sold your bike only to miss it very bad and buy a used one.? Can I still buy an extended warranty...??? Thanks

PS. I havent actually got my 2nd bike yet but in a month or two...

fireman1251 said:

Of course you wouldn't happen to know such a person, would you?

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Unfortunately

I will buy mine as the original expires. I can't see having an exotic bike like this and not be covered as much as I can. One major issue or a couple minor ones and more than covers itself. And I will always wait. I totaled my RSV4 while still in the original warranty, had purchased extended right when I bought it, and became a HUGE issue of what would be refunded. As far as I can tell, no price difference in waiting, and can avoid any issues if I want to sell, or wreck, the bike before then.

my stealership said audi may have one if not its second party. the second party one they are offering is very good. its from mcgraw power sports and for us it would be the new option as you are adding to your original warranty .

the other thing that i was told wait till its close to expiring cause audi is coming soon

mark419ny said:

my stealership said audi may have one if not its second party. the second party one they are offering is very good. its from mcgraw power sports and for us it would be the new option as you are adding to your original warranty .

the other thing that i was told wait till its close to expiring cause audi is coming soon

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I would add that it doesn't matter one lick to me if Audi has one. It is basically insurance, it will be backed by a carrier. My only concerns are how much deductible is on a visit, what exactly is covered (should be true full coverage, not some drive train BS), and if the carrier is a big one, as in they won't go bankrupt. If they are small and unknown, good chance they will and you'll be out everything you paid. Just research who the actual carrier is (it won't be the broker selling it, but a carrier like Zurich).

Dont think Duc have their own now unless something changed in the last 6 months

We (Ducati Dealers) have had the Ducati EverRed Extended Warranty program available since last Fall, however each dealer on their own has to decide if they're going to sign up to offer the program to their customers or not, it's not (can't legally be) mandated by Ducati that we offer it. This program is supported by Ducati Financial Services (aka. VW Financial) so it's the "official" factory-promoted extended warranty option. There are still 3rd party warranties available through various parties as well, which some dealers carry in addition to the EverRed program or instead of it. As was stated previously, the program has a $50 deductible, which is waived if the bike is taken to a Ducati dealer, and also includes towing and trip interruption coverage, and covers everything that is not specifically excluded (which is pretty much a mirror of the factory warranty). As opposed to many of the other programs out there, this one is not really an "extension" of the factory warranty, rather it's an override warranty on top of (or in place of, in the case of the factory warranty being expired) the factory 2-year warranty. For new (and newer) bikes, the programs being offered are 3, 4, 5, 6, and 7 years, which is from the date the warranty is purchased, regardless of how much factory warranty is left. It is model year and mileage based as far as which terms are offered on a particular bike and what the pricing is. We've seen on new (or less than 1 model-year old bikes) Ducatis that the pricing is in the $800-$2400 range for the various 3-7 year terms. On older bike, or bikes with more mileage at the time the warranty is purchased, the available terms are less. There is no simple table of rates, we have to plug the VIN# and mileage into the system and it spits back the available terms and prices. In general it seems, the lowest price is when the bike is brand new, and over time as the bike gets older and mileage build it becomes more expensive to get any given term. At our shop, we have another company's extended warranty (AfterCare) we offer for non-Ducati used bikes, but ever since the EverRed program came out last fall we've been offering that exclusively on Ducatis due to the premium coverage it offers, it really seems like a good program. We haven't had any claim history with it yet (knock on wood) but since it's supported by VW Financial I'm confident that it will be a program that is consistent with a premium Ducati ownership, which is why we're offering it. There's a piece of mind there knowing it's the "official" factory extended warranty option.