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Old 07-17-2012, 06:43 PM   #1
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Extended warrenty

Hello all,
I am in the process of closing on my first RV. I'm getting a 31 ft, 2000 model "sorry I can't think of any other info right now."

The dealer mentioned warranty's for it.
The platinum coverage goes as follows.
For 36 months

$3422 with $200 deductible
$3025 with $500 deductible
$4072 with $50 deductible
$3660 with $100 deductible

The company is Protective Asset Protection Division.

I am completely in the dark on this one....what do you guys think? Are the warranty's worth it? Or are they a waste of money like most extended warranty's.
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Old 07-17-2012, 06:47 PM   #2
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Old 07-17-2012, 07:03 PM   #3
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Warranties can only be offered by the original manufacturer of a vehicle, what you're looking at is a service contract or policy.
There are two types of them, inclusive and exclusive.
Inclusive only covers what is included in the contract.
Exclusive covers what is not excluded in the contract.
Most do not cover seals or damage caused by lack of maintenance. "
"If a covered part is damaged by a non-covered part, then neither part is covered" is a favorite clause.

Also, remember that they are written by attorneys to maximize profit for the company. The dealer profit on them is usually about 50%.
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