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Old 10-30-2012, 07:13 PM   #15
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Deek - I'm curious as to what your experience with your '11 Ventana has been. I'm kind of new here and rarely think to check profiles before responding. Did you have an ESP - have a covered or uncovered failure? Since you are "trading up" I'm sure you understand my feelings on not having $5-$7k or any amount of back office items in your note. Even if the company will prorate back to you or the plan is transferable - the trade can be a hard reality. If your trading with a dealer - they know the real cost of the plan - and if you're selling privately to someone that thinks the plans aren't worth the paper they're written on, well good luck selling it to them at any additional cost over book - even if there was a goose laying golden eggs in the back closet.
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Old 10-30-2012, 07:42 PM   #16
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I really think it comes down to that feeling of security. For some that means purchasing that extended warranty others don't need that security. For us fortunately we can afford any trouble that comes are way plus i am handy doing some repairs. Good luck in what ever decision you make.
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Old 10-30-2012, 08:21 PM   #17
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Quote:
Originally Posted by flaggship1 View Post
Deek - I'm curious as to what your experience with your '11 Ventana has been. I'm kind of new here and rarely think to check profiles before responding. Did you have an ESP - have a covered or uncovered failure?
No, no adverse experience at all. And definitely no ESP (do you really think that lawyers have ESP??!! I'm lucky I know what day of the week it is). Actually, our coach has been fabulous and worry free. Other than having to have an adjustment made to the kitchen slide on the passenger side at the factory after delivery, we have had zero problems to report and truly love the Ventana. The people who get our coach are going to be very, very happy.

After our experience with it for a year, though, we managed to get the fever that so many others do and we found that we wanted well ... a little more. More room, more goodies, more power ... brought on, I guess, by just really, really liking this lifestyle and all the fun we have had thus far. And what the heck, life is short, so why not?

We had no inclination to even consider an extended warranty until the question was posed to me by the selling dealer's F & I person. It just got me thinking ...

The attraction toward an extended warranty is what you and others have said -- the thought of "peace of mind" that if you need it, you have it. It is like insurance -- you don't often need it, but if you do and it's a big thing that makes you need it, you really need it and would be mighty glad to have it.

But is it worth the cost? That's the big question. I can see that it would be good for someone with a 'new' used motor home or one at the end of the warranty period. We are not in either category.

I am persuaded by the comments that the smartest thing to do for us is to kick this can down the road a bit for now -- to make no move until after the full warranty period of the manufacturer is done -- and then re-evaluate. And if we decide it is worth it, to buy from someone other than the dealer. As you point out, the dealer will have a mark up that most likely will not be competitive in a way that it will be if it is shopped with third parties.

So my gut tells me now to thank the dealer but say 'no thanks'.

Deek
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Old 10-30-2012, 08:25 PM   #18
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Originally Posted by WheelingIt View Post
If you care to read my take on the matter I actually did a whole post on it HERE.
Nice article, Wheelingit! Thanks. Made me spend the last two hours covering your Blog.

Great stuff.

Deek
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Old 10-30-2012, 08:53 PM   #19
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Quote:
Originally Posted by Deek

Nice article, Wheelingit! Thanks. Made me spend the last two hours covering your Blog.

Great stuff.

Deek
X2 - you're quite a writer. iRV2 is an insurance policy in it's own right.
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Old 10-30-2012, 09:23 PM   #20
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I have always advised my customers (away from the salesmen) not to buy the warranty. Just take that money and put it in bank and use that for unexpected cost. The reason the dealership wants you to buy the warranty is they make a big percentage off the sale. The odds of having a large problem are small. Since 1968 the highest cost I have incurred is 550 dollars for a refrigerator cooling coil.
ga traveler has given you about the most honest, reasonable opinion you'll ever get on this subject.
As a side, we've owned 10 rv's, 3 of which were diesel pushers, we have never taken out the extended warranty on any of them and are thousands of $$ ahead because we passed!
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Old 10-30-2012, 10:04 PM   #21
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Quote:
Originally Posted by RSchleder

ga traveler has given you about the most honest, reasonable opinion you'll ever get on this subject.
On behalf of all of those with dishonest, unreasonable opinions - our sincere apologies.
Lol
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Old 10-30-2012, 11:05 PM   #22
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Thanks for the compliments {{blushing}} Glad it's helpful.
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Old 10-31-2012, 08:27 AM   #23
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I view it as insurance.....
The same argument can be had for/against any insurance....
I have not died.... have no idea how much has gone to that.
House is still standing..... about 7500 over 10 years.
Put more into health insurance that I have used.....
Auto....
ATV....
Disability..... (employer paid)
Now the people who live along the coast, while terrible, get to use their insurance.
From the size of insurance companies, I would say it is generally a loosing proposition.

It is personal risk management.
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Old 10-31-2012, 08:44 AM   #24
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We just purchased our Fleetwood Bounder new and we did buy the Extended Warranty (7-years) at $3,700.00 which includes road hazard for the tires, wheels and damage done by a blow-out. I know that many folks will lament the need for an extended warranty, but our plan is to hold on to this motor home for at least the next seven years (God willing).

We've purchase the extended warranty for every vehicle we buy and have never been disappointed in the long run. This is our first motor home, and we are hoping/praying that we won't use the extended warranty whatsoever, but in case we do it's covered.
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Old 11-04-2012, 02:33 PM   #25
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On behalf of all of those with dishonest, unreasonable opinions - our sincere apologies.
Lol

Steve--let that be a lesson to you!
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Old 11-04-2012, 03:25 PM   #26
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I remember many years ago, I bought a snow blower planning for a hard snowy winter, well it didn't snow hard for a couple of years, as a matter of fact it sat in the garage for a few years before I ever used it.
I relocated down to south Florida and was hit with a massive hurricane Andrew.....at that time I was stationed in Homestead AFB, and the base got wiped out, we loss power for several weeks, a couple of years later we got hurricane Wilma.....again loss power for a week......now I have a generator and we haven't had a hurricane for several years.
I believe being prepared is the best insurance....I would do it any time for sure.
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Old 11-04-2012, 04:01 PM   #27
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Quote:
Originally Posted by RSchleder

Steve--let that be a lesson to you!
Ha!!


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Take that!
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Old 11-05-2012, 08:14 PM   #28
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When we bought our 2003 MH, we were able to 'transfer' what remained of the factory warrenty. We purchased an extended warrenty, that covered the next five years for about $2500. During that time period we had a radiator 'issue' that cost about $6000 to repair. The extended warrenty covered all but about $1500, most of which was 'upgrades' that we chose to install. When that warrenty expired, we did purchased another one from a different company.
As it has already been said, 'an extended warrenty is just an insurance policy'. some one else is betting that you do not have to use it and they are looking for free money to invest. For us it is 'peace of mind'!
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