|
11-07-2020, 12:22 PM
|
#1
|
Senior Member
Join Date: Jul 2020
Location: Key West
Posts: 300
|
DW has another question
__________________
2021 Montana 3763BP / 2019 Ford F-450 Lariat
Husband to the Sweetest Girl in MO
Adventure Seeker/History Buff
Roll Tide Roll
|
|
|
11-07-2020, 12:34 PM
|
#2
|
Senior Member
Join Date: Oct 2014
Location: Germantown, TN
Posts: 6,309
|
I would vehemently tell you no! Are there occasions that it might have been worth the money? Of course, but the VAST majority of the time it is a pure profit for the dealer.
Not to mention, most buyers put that 2-3-4,000 is the purchase so it may be financed for as much as 10-15-20 years. Lord have mercy, think of what it actually cost them!
Nancy Reagan had it right....just say NO!
__________________
Jim in Memphis, Wife of 51 years is Brenda
2019 F450 6.7 Powerstroke
2018 Mobile Suites 40RSSA
2021 40' Jayco Eagle
2001 Road king w/matching Harley sidecar
2021 Yamaha X2 Wolverine 1000
|
|
|
11-07-2020, 01:14 PM
|
#3
|
Senior Member
Join Date: Jul 2020
Location: Key West
Posts: 300
|
Well, there is no financing here. Its ours. Does that make a difference?
__________________
2021 Montana 3763BP / 2019 Ford F-450 Lariat
Husband to the Sweetest Girl in MO
Adventure Seeker/History Buff
Roll Tide Roll
|
|
|
11-07-2020, 01:15 PM
|
#4
|
Senior Member
Join Date: May 2018
Location: Markham, Ontario
Posts: 1,942
|
I did it once, on a car, was a total waste of money.
I would never buy an extended warranty on anything.
__________________
Dan & Serena
2019 GMC SIERRA 2500 HD SLE
2015 Cougar X-Lite 29 RET
|
|
|
11-07-2020, 01:20 PM
|
#5
|
Site Team
Join Date: Jul 2014
Location: Modesto
Posts: 20,238
|
Dont to it!!! Put 50-100 dollars in a special account and after X years it will be there after the factory warranty is done.
__________________
2012 Copper Canyon 273FWRET being towed by a 1994 Ford F350 CC,LB,Dually diesel.
Airlift 5000 bags, Prodigy brake control, 5 gauges on the pillar.Used to tow a '97 Jayco 323RKS.
Now an RVIA registered tech. Retired from Law enforcement in 2008 after 25+ yrs.
|
|
|
11-07-2020, 05:36 PM
|
#6
|
Senior Member
Join Date: Nov 2017
Location: Picacho, Az
Posts: 6,809
|
Your rv is warrantied for at least 1 year through your dealer/manufacturer. Most of the appliances & other items are warrantied through their manufacturers, in some cases for a couple years. You can buy extended warranty at any time through any company you chose, the difference is your dealer won't get their cut if you wait & buy it on your own.
If you're somewhat handy there's not much on a rv you can't repair yourself with the help of folks on here with years of experience &/or Utube videos.
My opinion is put the $$ you were to spend in an account for repairs & after the initial warranty expires if you feel the need buy the warranty, if not you'll have the $$ to get it repaired.
Typically if you read the extended warranty closely, may require a magnifying glass, you'll find that it must be inspected annually by a authorized agent or warranty is void. Also the list of exclusions is usually much longer than the inclusions.
__________________
Full-timed 10+ years
Sold '13 Redwood FB
Traded '13 GMC Denali DRW D/A
Replacement undetermined
|
|
|
11-08-2020, 08:17 AM
|
#7
|
Senior Member
Join Date: Sep 2016
Location: Kamloops, BC
Posts: 370
|
I am different than everyone else. rvs are natorious for breaking down and if your not handy most of the time a warenty will pay for its self. but see if there is a money back if not used plan. the last one I got gives me 100% of the purchase price back at the end of the coverage term if it wasnt used. I think I am getting the money back this year.
Steve
|
|
|
11-08-2020, 10:46 AM
|
#8
|
Site Team
Join Date: Oct 2011
Location: Joppa, MD
Posts: 11,714
|
Read it, reread it, then read it again. Take a legal pad and write down what is covered on one page and what's not covered on a second page.
Then on a separate page note what's required by the warranty, i.e. Dealer inspections, maintenance by the dealer, etc. That's the "hidden costs" of the warranty. Then go to the dealer and ask how much those inspections and maintenance items will cost over the term of the warranty. Add that sum of those numbers to the initial cost for a "total cost".
If the warranty is a lifetime then figure out how many years you will realistically keep the trailer. So let's say you are anticipating keeping it 5 years. Take the total cost per year multiplied by 5 and then add the cost of the plan. Even if it's transferable you'll never recoup that initial cost.
After you figure out the "true cost" look at what the plan covers. Typically the most expensive item is the fridge, followed by the a/c unit, water heater, furnace. It's unlikely if you have an EMS installed that all would need replacing.
__________________
Marshall
2012 Laredo 303 TG
2010 F250 LT Super Cab, long bed, 4X4, 6.4 Turbo Diesel
|
|
|
11-08-2020, 01:07 PM
|
#9
|
Senior Member
Join Date: Jul 2020
Location: Key West
Posts: 300
|
Quote:
Originally Posted by Stircrazy
I am different than everyone else. rvs are natorious for breaking down and if your not handy most of the time a warenty will pay for its self. but see if there is a money back if not used plan. the last one I got gives me 100% of the purchase price back at the end of the coverage term if it wasnt used. I think I am getting the money back this year.
Steve
|
Always got to be one fly in the ointment.
Seriously, thank dude. I will keep this in mind...
__________________
2021 Montana 3763BP / 2019 Ford F-450 Lariat
Husband to the Sweetest Girl in MO
Adventure Seeker/History Buff
Roll Tide Roll
|
|
|
11-08-2020, 05:09 PM
|
#10
|
Site Team
Join Date: Feb 2014
Location: W. Texas
Posts: 17,601
|
I think you will find the majority of folks would recommend against purchasing an extended warranty. I was one of those folks that always walked into the financial guys office and told him when he started his spiel to cut to the chase - forget all that and give me a price so I could pay. Then....
The above held true for cars, trucks, boats etc. I bought my last trailer and due to some health issues I was experiencing I opted to pay for a Good Sam extended warranty. Don't recall but think it was maybe 2500 for 7 years. Figured it was money out the door but didn't particularly care. In the 5th year of ownership I developed a leak that was finally found to be a small hole in the galley tank. Cost was 3100 total and Good Sam paid it all but my 500 deduct. Paid for the plan and I didn't spend a lot of painful time trying to take care of the issue. Now, how often does that happen? Not often. First time buying an extended warranty and....bam, hit the jackpot! Tickled me so much bought one on this trailer as well (they HAVE gone up in price). Figured as long as I keep finding ways to break body piece parts I probably need to see if I'm lucky again. YMMV
__________________
Danny and Susan, wife of 56 years
2019 Ram 3500 Laramie CC SWB SB 6.4 4x4 4.10
2020 Montana High Country 331RL
|
|
|
11-09-2020, 07:00 PM
|
#11
|
Senior Member
Join Date: Jan 2020
Location: Hartford AL
Posts: 439
|
First they are not warranties, they are insurance plans, extended service plan. As said these service insurance plans are huge money makers for the dealers which is why they push them so hard. The only time I got one was a used DP motorhome that was in great shape but no servicing information at all. I bought the "insurance" and got maybe 20% return on my "investment". After a couple years I knew what condition the coach was in and more importantly, I knew what maintenance was done so I saved my money and "self insured" as they say. For new, skip it. If I thought the thing was so crappy it was going to fall apart after a couple of years I wouldn't buy it.
__________________
2021 Omni SX32
2012 Crusader 355BHQ (girl friends)
2020 Ram 1500 Laramie 4WD, toad
2019 Harley Davidson Heritage Classic 114 (the toy)
|
|
|
11-16-2020, 08:03 AM
|
#12
|
Senior Member
Join Date: Dec 2018
Location: Northville, NY
Posts: 374
|
On this unit we got the Forever Warranty because this was going to be our winter home through retirement. So far we've only replace the microwave. Plus it has to go in for inspection each year, cost $140, to maintain the coverage. That does include a roof inspection w/touch ups on caulking.
In hind sight though if I was to do it again I would put $4000 aside in a money market account and self insure.
__________________
Jim & Deb
50 years happy
2018 Montana 3731FL
2017 F-350, psd,4x4, lariat, c-c, swb, srw
|
|
|
11-16-2020, 09:22 AM
|
#13
|
Senior Member
Join Date: Jul 2020
Location: Key West
Posts: 300
|
Thanks to all of you for your posts. We will be not getting this as we think we are capable enough to put away what we will need down the road. In fact, its already there. Starting off with $3000 and going from there. Adding on as we go. Thanks again.
AC
__________________
2021 Montana 3763BP / 2019 Ford F-450 Lariat
Husband to the Sweetest Girl in MO
Adventure Seeker/History Buff
Roll Tide Roll
|
|
|
11-16-2020, 02:47 PM
|
#14
|
Senior Member
Join Date: Dec 2018
Location: Northville, NY
Posts: 374
|
I also like that you have your eye on an F450. I drool at that thought.
__________________
Jim & Deb
50 years happy
2018 Montana 3731FL
2017 F-350, psd,4x4, lariat, c-c, swb, srw
|
|
|
11-16-2020, 04:57 PM
|
#15
|
Senior Member
Join Date: Jul 2020
Location: Key West
Posts: 300
|
Quote:
Originally Posted by jimborokz
I also like that you have your eye on an F450. I drool at that thought.
|
I am drooling at the thought of even having one. I think I am going for the XLT trim with a handful of goodies added. Nothing overboard. I have an idea on some matching Montana graphics to go on it tho.
AC
__________________
2021 Montana 3763BP / 2019 Ford F-450 Lariat
Husband to the Sweetest Girl in MO
Adventure Seeker/History Buff
Roll Tide Roll
|
|
|
11-16-2020, 05:18 PM
|
#16
|
Senior Member
Join Date: May 2011
Location: Virginia Beach
Posts: 175
|
Owned 3 Keystones. Never bought an extended warranty. Never will.
__________________
2019 Montana HC 331RL
2017 F250 Super Duty Crew Cab
|
|
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|