Extended service coverage for a 5th Wheel

I never buy Extended Warranties either. BUT, when we purchased our Forest River product we got a second year warranty direct from Forest River, not a 3rd party, for $150. I couldn't pass it up for that price.

Mandalay Parr wrote:


Save your money and pay for your own repairs.

Or do your own repairs.

My 2006 Jayco had a 2 year warranty.
Never needed it.

My own repairs - after 7 years?
One door glide for the pocket door.
About $2. and 5 minutes of my time.

"Look no further" - - than your bank or CU!
Put your money in a "repairs account"..;)

*You* will be money ahead - instead of the warranty outfit..:C

.

Very easy decision for me. I won't buy any service contact. Many of the companies go out of business before the thing runs out and they take your money with them. If you MUST buy one look no farther than Good Sam. But be sure you read it over and over and know what they don't cover as well as what they do..Most coverages are very limited...

B.O.

We debated the extended warranty and at this point we have not purchased anything.
Our 2 year factory warranty expired about a month ago, we have had so few problems during our first 2 years of ownership, I think we will make a go without purchasing the extended warranty.

rayeckles wrote:
Who is everyone using? Please give me some input. I can't make a decision. I know the dealer is out of the question. Wow to expensive. Thanks all

We have XTRA RIDE and have used it on 2 different units. Paid all but a 75.00 deductible. If you are chosing to make payments on the RV then maybe it would be wise to buy some extra coverage in the event your fridge gets hit by lightning or the television, water heater etc. If you decide to purchase the extra coverage, make sure you read the fine print. Yes you will hear from those who pay cash for their units will do their own repairs when needed. But just go look at prices of an RV fridge or the electrical panel that take a hit in a lightning storm. You can but the coverage up front or stretch it out over the course of the loan. It only made a 10- 15 dollars difference in our payment. Some are going to tell you that if you cant afford repairs then you shouldn't have an RV. That's not true.

My 10 y/o garden variety TT has had no repairs since new. I'm sure glad I didn't get the extended warranty.

rayeckles wrote:
Who is everyone using? Please give me some input. I can't make a decision. I know the dealer is out of the question. Wow to expensive. Thanks all

I won't join the debate if an 'extended warranty' is worth having. Understand it is not really a warranty but an insurance policy of sorts. As an example we purchase a new Jayco TT last year. The dealer offered and we purchased 7 year towable service plan from the dealer. The coverage is underwritten by National Interstate which is a long time provider of traditional insurance coverage for RV's. Yes it cost us, and yes it's a bet on our part that we may need it at some point, but to us it was worth it. Last week we received a solicitation from Jayco for their branded extended service plan. It says Jayco, but it is issued and underwritten by a third party insurance company (that I haven't heard of) just like the coverage we bought from the dealer when we bought the TT.

If you are inclined to purchase an extended service plan, I would suggest you research who issues and underwrites the coverage. A lot of third party plan providers for cars and RV's have come and gone over the years. If the issuer was to go belly up, that would be a complete loss of your money with no benefit at all. Of course, if you have the financial resources to self insure...........

Doing your own repairs is great, but with all the electronics in new trailers, I bought the Good Sam Warranty. Claimed on it twice with no problems and it paid for itself. When it runs out I'll decide if I will resign.

Save your money and pay for your own repairs.

My own two hands. Once the factory warranty expired my fiver has needed so little work that it would not be financially feasible to spend dollars on one.