I bought 3 year coverage last December on a used FXSTB. It is transferable, there are several paragraphs on this subject in the coverage papers. I was taken for $1090 on a three year extended warranty for the used bike, the 5 year for my new one cost $879. This is negotiable with the dealer, they sell it and you can also cancel it and get back a prorated amount. This too comes back from the dealer. Same thing with GAP insurance.