Extended Service Plan

We're on our third 5th wheel. Each one the dealer tried to sell me extended warranty. If I purchased the warranty for each trailer I would have spent around $7,000.00. The savings would pay for a lot of repairs. Fortunately I haven't regretted the decision.

I bought 1 RV plan which had a money back guaranty if I didn't use it. When it was time to get the money back the company went bankrupt. Never again!!

My first TT I bought an extended warranty. The first time I tried using it they denied my claim. I quickly canceled it and found that they applied the refund to the end of the loan. So it wasn't until years later I saw any benefit to my cancellation. Since then I've bought two other RVs and did not buy any extended warranties. I've learned from my mistake! Good luck

and you can probably get it for 50% of the first offer. check out restrictions/limitations. is it easier for you to pay $20 a month extra or come up with $5,000 out of pocket. if you put that $20 a month in a special savings account for a reserve, in 4 years you will have ammassed less than the cost of a refrigerator replacement, etc.
bumpy

Extended Warranty

Ask the dealer for a blank copy of the policy. If they give you one, read it and look for the exclusions before you decide.

Shrek51 wrote:
Has anyone purchased the extended service plan?

If so what is your opinion of this coverage.

It is a financial black hole for the RVers with a high probability of little $$$ return. Too many fine print exceptions!!!
Start a little nest egg of your own and put it in the bank.

Thanks for the info.

They are high profit items for the dealer to sell you and the company offering the coverage. You do the math from there.

I bought it. Haven't needed it. Trailer is three years old and I do all the routine repairs except for a major problem with the slide. I bought the ESP for the catastrophic events.