Thoughts on theExtended Waranty?
My '08 900 vulcan Classic is reaching its one year anniversary. To mark that occasion Kawasaki sent me the standard printed form regarding an extended warranty.
Has anybody purchased such a warranty? Has anyone not purchased such a warranty and a latter point wish they did?
Usually these extended warranties are a waist of money (at least with automobiles) since the cost of warranties far exceeds the *expected cost* of repairs.
*Where expected cost is not just the dollar amount, but the liklihood of needing a repair so cost being constant, less likely repairs lead to a lower expected cost.
And yes, I can actually assign a dollar amount, based on the liklihood of having a repair and still ensure a profit. Someone ask me how if you are otherwise bored.