Community Forums

DEBBY K · 09-15-2008, 11:07 AM

Hi, My DH and I just purchased a 2009 Knight 41SKQ, and we did not purchase the extended
warranty. We know we have up to a year to do
it. What are your opinions on this or or against?

Also, How do I become a member of the Monaco Owner's Forum?

DEBBY K · 09-15-2008, 11:07 AM

Hi, My DH and I just purchased a 2009 Knight 41SKQ, and we did not purchase the extended
warranty. We know we have up to a year to do
it. What are your opinions on this or or against?

Also, How do I become a member of the Monaco Owner's Forum?

MonacoMama · 09-15-2008, 11:16 AM

Hi DEBBY K...
I can help you with the Monaco Forum Member part....

Welcome to iRV2 & the Monaco Owners Forum!!

Please visit and post often!

MonacoMama

DEBBY K · 09-15-2008, 11:31 AM

Thank you Monaco Mama!

Camelot Camper · 09-15-2008, 03:43 PM

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by DEBBY K:
We know we have up to a year to do
it. What are your opinions on this or or against? </div></BLOCKQUOTE>

Debby,
I thought we had a year also, but not so. Check out this thread for timing your purchase and also the pros and cons.
CC

DEBBY K · 09-15-2008, 06:57 PM

Thank you Camelot Camper! My DH & I will certainly be more aware of our time restraints.
And I see we have a little light reading on the
subject. LOL!

Debby K
2009 Knight

Dutch Star Don · 09-15-2008, 07:38 PM

Debbie K.....Ask your dealer about a policy called TyreGuard. For about $400.00 they can sell you a policy that will repair or replace your tires for 6years/60000. If you get a flat, they'll pay up to $100.00 for road service. You ruin the tire or rim, they'll replace it. they'll also cover the tires on any vehilce you are towing.

Those are the pros....the cons.....you have to pay up front for your repair and they reimburse you. They were slow reimbursing me, but I only paid $375.00 for my policy and the first damaged tire cost $500.00. They covered it. I'm already ahead.

Corvette Man · 09-16-2008, 09:56 AM

Put the money you would pay in a money market account each year and in 10 years you will have more money in that account , it will pay for a new anything that wears out. Warranty companies are out to make money so should you. Over 20 years of RV'ing I don't even think about repairs or replacement. I got the money and so could you.

rvtips · 09-16-2008, 10:19 AM

Corvette man is right.
I worked in a dealership all my life "until I retired " The profit they make is unbelivable!

DEBBY K · 09-16-2008, 10:22 AM

LOL! I hope you are right! Listening to all of the hoopla with the economy, makes me wonder?

Debby K
2009 Knight 41 SKQ
2005 Acura MDX (Toad)

DEBBY K · 09-16-2008, 10:40 AM

We have always had bad luck either with or without extended warranties, at least with
household appliances. LOL!

NW Knight · 09-18-2008, 07:51 AM

Debby,
We recently purchased our Monaco Extended Care warranty at exactly the 1 year mark. For us the piece of mind was worth the price ~$2700 for 7 years/70K w/ $100 deductable. Many plans term and deductable options were offered and even though we could have saved some signifigant cash by lowering the milage or raising the deductable this seemed reasonble to us. After seeing how well they Oregon factory took care of folks w/ Monaco Extended service plans it was an easy choice for us. Also I am esitmating we would visit the factory at least annually to have our "punch" list addressed so $100 deductable x 6 years also puts us ahead. Our factory service visit in July was excellent and we might do one more trip down there to have some minor things done before ski season starts and we hit the snow every weekend.

glennb100 · 09-18-2008, 08:12 AM

No question - extended warranties are expensive and profitable for the dealers. However, at over $100/hour labor rates and expensive parts and components, they can pay for themselves over time.

I just had repairs done that totaled almost $1600. These included a new Magnadyne dash radio, a broken driver's side power sun visor and the automatic power management circuit board in the AC load center, all covered (after some discussion with the administering company) by my extended warranty.

These extended warranties (insurance policies) provide peace-of-mind that you are not going to be stuck with the cost of a way expensive repair.

If you buy an extended warranty, make sure to fully read and understand the coverage booklet that comes with it. The companies that administer these policies have very strict rules about how to file a claim, their approval process, what they do and don't cover and their appeal process. If these rules are not followed, or if your repair is on their list of exclusions, your claim is not going to be approved.

moisheh · 09-18-2008, 03:52 PM

Good advice. Also keep in mind that these are service plans not a warranty. A punch list will likely have lots of things that are not covered: adjustments, cabinetry, glass, upholstery,chrome, bumpers, body, exhaust sytem, wipers and any other maintenance items. We also have the Monaco plan but they do not decide what is covered. That is up to Prizm, the plan administrator. However Monaco will go to bat to help you with any coverage problems.