Extended Warranty

[Jimmithev]

Members, picking up my Used RV in a week and the dealer is asking about an extended warranty.......the unit is a 2010 Dynamax Grand Sport 40 Gt. It has 18k miles, 100 hrs. On the generator. The unit looks to be in Extremely Good shape.
That being said...I looked at the extended contract and have seen what is covered...and then the 3 pages on what is not covered and why some of the covered things will not be covered....makes me go Hmmmmm.
Any advise out there...I know it is a risk not to get it...day 1 something could go sideways..but I think I have read somewhere that it is more likely to be a waste of money...

Thanks
Jimmi V.

[Tetonchief]

If you can afford to "self insure" that is the most financially beneficial. An extended service contract w I'll require you to maintain according to the service guides and keep records and receipts. If you can't afford a major repair (more than the cost of the contract) then you may need to get the contract for piece of mind. Dealers make money off the sale of the contract (commission) so it may be cheaper to cut them out and deal direct. Contact Wholesale Warranties, or Good Sam or Coachnet and get their quotes.

[JayGee]

RV Extended Warranty Coverage, RV Warranty Specialists - Wholesale Warranties for RV Repair

Check these folks for competitive prices. Dealers are usually higher.

As you said watch out for the exclusions.

It does buy you comfort and removes worries, but like any other insurance, if you never use it you will wish you hadn't bought it.

I bought it and have no regrets....yet.

[vsheetz]

Many threads here on this same topic findable with the search feature.

I am typically not a fan of such warranties, as over the long haul of life you will come out cheaper being self insured. That said, I do think an extended warranty or service agreement can have a place in the purchase of a used Motorhome. Obtain coverage with a high deductible for one years term as a mitigation against high dollar latent and unknown issues. At the one year point, after having history and experience with the coach decide whether to continue or not.

And buying from the dealer is usually not the best coverage or value. The dealer will be trying to push it on you as it's very profitable for the dealer. Look elsewhere.

[djbmsu]

This is another "Cash Cow" for the dealer. Many companies sell them and prices are negotiable.