Extended warranty on a 2009 5er?

We just took out an extended warranty on our 2014 fifth wheel with Wholesale Warranties...cost is $600 a year for what I feel is good coverage. We used these folks when we had our 2009 Carriage Carri-Lite and it more than paid for the premium and when we bought our 2014 Lifestyle they prorated the premium and we received a hefty refund.
Personally we are not that excited about warranties.... here is an example of past coverage....the gasket on the norcold fridge went....gasket is fused into the door so warranty covered a new door plus labor...a good $900....also a slide motor was replaced and the list goes on.
We like the comfort level of knowing it is there if we need it.

First of all what warranty covers wear items. Second I would not leave the dr iveway without a good extended warranty (service plan) Remember the are NOT extended Warranties they are extended service plans that cover a agreed upon set of items. Read the contract.

7 years is getting up there for an RV so you can argue both sides - on the one hand you could have problem. On the other hand, the warranty company's actuaries know this and you will pay either in the form of a high premium, excessive deductibles or hidden excluded items. Most likely it is a combination of the 3.

IMO, if you're worried about repair costs buy a newer rig. And I know the next two posts will be from a guy with a 20K fix on a 2 year old trailer and a guy who's had a trailer since 1968 and has had nothing go wrong. I'm talking statistics here.... there are always exceptions.

I wouldn't, but I don't like extended service warranties in general.

I might consider it. When I purchased mine used I bought a reasonably priced warranty to cover major items, just in case. Once I became more familiar and comfortable with the unit I let it go. Figured it to be insurance against the cost of any major repairs.

I wouldn't. A 2009 isn't really that old, so the original owner would have fixed any issues that it had when fresh off the lot. The really expensive stuff like the roof and frame should be checked out thoroughly before putting any money down, ditto with any possibility of water damage.

If you think you should go ahead and get one, double check for any weasel words that will allow them to get out of any repairs. Like if they determine the problem occurred before you bought it and that makes it not their responsibility. Or it was lack of maintenance that caused the problem, therefore not their responsibility. As was noted above, the warranty companies are in business to get money from you, not pay money to you.

OTOH, if you are mechanically inept and not capable of fixing minor, and some major problems, and have to take it to a dealer/repair facility then it may be worth thinking twice about.

A poster said except wear items,,there the ones you want covered, most of them arn,t worth the paper there written on, save your money, for new tires on a 2009 rv you need them.

Check the terms of the contract. Many require you to have annual inspections on all items to which you have to pay. Failure to do so may void claims.

Put the money you would spend on the e/warranty into a bank account, add to it a little each month. Makes a nice cushion for repairs.

Warranty companies like to take your money, they do not like to pay out. They will blame it on "lack of maintenance" etc. Or for example, say you have a tire blow out. The warranty may pay for the tire but not for the collateral damage to the body or wheel well that the tire caused.

If the dealer is offering the warranty, you can bet he is making some money from it. Free money for a little paper work.

We put the money in a Capital One 360 account and let it earn interest until we need something.