Join Date: Jun 2009
Location: Dublin / Belfast, Dublin / Down, Ireland / Northern Ireland
I took it out in May on my GT (07) for the same price (including breakdown cover). As I was going to renew my RAC membership anyway at a cost of £80 this makes the warranty a little over £200 for the year. As I do over 15,000 miles a year it's well worth it for me.
Last week I had a tyre pressure sensor replaced at no charge (and the other one reset) and as I type this the bike is in the dealers having the steering damper replaced (it has 15,000 miles on it). The part alone is over £300 plus a couple of hours labour so the way I work it out, I have already saved more than my warranty money since May.
To my mind, it's a no-brainer and well worth it. Unfortunately it's one of those things that you will only ever appreciate the value of having it when you need to use it (but then you could say that about ABS and traction control which I've also got!!).
As I don't think the tyre-pressure sensors are covered by the warranty (although I might be wrong here) I found that there was no hassle and they were done without quibble.
Not sure if the price of the warranty will increase each year as the mileage racks up but I fully intend to renew it each year. My experience with it thus far (and I'm no great lover of main dealers) is positive and I feel that both me and the bike are being well looked after. In addition, I certainly wouldn't want to tackle any home maintenance on a bike this advanced - it may be straight forward but I'd rather leave it to the "experts".
Hope this helps.