The sales manager where I bought the bike hit me up in the last minutes of finalizing all the paperwork with the extended warranty thing ... they know full well that at that time you're anxious to get out the door and less likely to think the thing through. He told me $800 and I said I'll just add it later and he looked me right in the eye and lied thru his teeth and says " well sure you can do that but it'll be at least $1200 no matter where you go if you get it later" ... not knowing any better I went ahead with it, only to find out later you can get it any day of the week for $500 from directline parts; exact same warranty straight from honda:
Direct Line Parts - Honda Fury VT1300CX Warranty
Actually at the time it was only $450; DLP had a price increase since then but still $500 beats $800 any day of the week. To top it off, I found out later he didn't even sell me the straight Honda warranty; it was with a place called "Cornerstone" which does all their yamaha and Suzuki warranties, and which is apparently a pretty good place but still it wouldn't be shit for resale to say you have an extended 4 year warranty with some place no one's ever heard of.
So I called cornerstone and yeah I can cancel it, on a pro-rated basis, even though I'm still in full coverage first year of Honda's warranty; I'll get back about $600-$650 or so of the $800 I paid - and even that is NOT returned as cash - they roll it into the original balance of what you financed on the bike so I still have to pop for another $500 for a new warranty from Honda.
But I'm still doing it, even if I just break even, just cause being ripped off by some lying, gladhanding S.O.B. of a used-car cycle salesman pisses me off so much.
Is $500 for a 4 year bumper-to-bumper extended warranty worth it? Yeah, I think so, even though it isn't cheap. Read some of the customer comments on the warranty on DLP's website - there's been problems but I'll still go with it personally.