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Old 06-29-2016, 12:51 PM   #1
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Pressure to buy the Extended Warranty????

Hi everyone. I've searched the forum as much as I know how about this and can't find anything. I've just purchased a 2003 Allegro from a dealer. Low mileage but used enough to keep it running well. (~24K miles)
Of course the dealer is hard selling an extended warranty. CampersEdge all inclusive. $5900 for a 3 year package, $100 deductible. I've found out that CampersEdge is owned by WarranTech. They are huge but don't have the best reputation in paying. I checked GoodSam because of their reputation. They are also managed by WarranTech now. But they want $5400 for a one year package. Of course they are easier to deal with.

What am I missing here. I've never purchased an extended warranty that paid off except for a home buyers warranty that I was pretty happy I had. (but the house is over 100 yrs old and it only cost me $450)
I'm pretty handy and do most repairs myself except for modern engine & trans stuff.
I'd love to hear from folks out there.
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Old 06-29-2016, 01:15 PM   #2
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Find your own extended warranty. Find Skyboss, he's really happy with his, and surely paid way less than that.

I would have one though! Saved me bacon for sure.
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Old 06-29-2016, 01:23 PM   #3
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Good Sam worked well for us for 11 years when we had our Itasca Horizon, it saved us a ton of money. Not cheap but neither is a major repair if it's out of your pocket!
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Old 06-29-2016, 01:24 PM   #4
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This may help you.

http://www.irv2.com/forums/f258/extended-warranty-297265.html
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Old 06-29-2016, 04:54 PM   #5
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Hi! Welcome to IRV2! We're sure glad you joined the gang!

Congrats on the new rig! Keep her between the ditches!

Personally I have never gone in for the extended warranties. Some say they have saved big bucks, but I think for the majority it's a no-win! Otherwise, how could the companies stay in business?

Good luck, happy trails, and God bless!
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Old 06-29-2016, 05:52 PM   #6
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Generally I am not a fan of extended warranties. It's cheaper in the long run over the course of ones life to be as self insured as possible. That said, the purchase of a used Motorhome can be a place for an extended warranty. A one year term to mitigate against latent and unknown issues. At the one year point, reevaluate the need.
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Old 06-29-2016, 07:18 PM   #7
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On our most recent purchase we found out that the closing agent is a subcontractor and is only paid on commission based upon selling extended warranties. After hearing his sales pitch and saying no to him he very kindly said "some days I make money and other days I make friends" and shook my hand. He could not have been nicer.
We had an extended warranty on our last unit which we owned for two years. We never had to collect on the policy. It seems to make more sense on used rigs.
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Old 06-29-2016, 08:11 PM   #8
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We went with wholesale warranties. Price was right. 6 years of no major hassles and piece of mind. At least for us
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Old 06-29-2016, 08:19 PM   #9
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If you look at them as "piece of mind" as most insurances are, then you won't be disappointed.
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Old 06-29-2016, 08:45 PM   #10
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I'm not sure what a 13 year old Allegro sells for, but $6,000.00 for a 3 year policy seems to be pretty high. I think that you could self-insure, and still have a lot of money left over. You could do a lot with 6,000.00. JMHO. Eddie Elk.
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Old 06-30-2016, 11:55 AM   #11
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Quote:
Originally Posted by eddieelk View Post
I'm not sure what a 13 year old Allegro sells for, but $6,000.00 for a 3 year policy seems to be pretty high. I think that you could self-insure, and still have a lot of money left over. You could do a lot with 6,000.00. JMHO. Eddie Elk.
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