Purchasing an extended warranty from the dealership?

Of course extended warranty companies and dealership make money selling warranties. a business must make money or they would not be in business long. Does your dealer make money off you selling you a RV .If so why is it wrong for a Extended warranty company to make money selling a warranty??/

We have had good luck with Rv extended warranties sane as our Auto insurance , home owners insurance and health insurance policies.

Fla-gypsy...

For us,there is a big difference between paying for an extra warranty by the manufacturer of our diesel and for the Rver. As I posted, it was around double the price for the RV warranty. Thanks for the compliment. I'll take it. :)
Thank you.

Richdaa,

I have nothing against a profit for warranty companies and dealerships, but I just feel we don't need that warranty, given the price and the work can be done by ourselves. The dealership already has made enough money from us. IMO, there is a such thing as being insurance poor. When adding up insurances such as: health, homeowners, vehicles, and a5ver, it is a few thousand dollars per year. I think of all the money spent on this and think of other trips we could take instead.

Each camper takes into consideration his/her budget and at what risk, as the moderator had posted. For us, we opted not to take the risk and have the extra funds in case we need it.

Thanks everyone for all your insight and information. It has been beneficial.

Another vote for a quote from Wholesale Warranties.

To those of you who are trumpeting "Wholesale Warranties" to everyone I suggest you read some of the complaints which confirms exactly why these things are rarely, if ever a good idea

http://www.bbb.org/sdoc/Business-Reviews/extended-warranty-contract-service-companies/wholesale-warranties-in-san-diego-ca-172000718/complaints#breakdown

I have Xtra ride insurance company.Never had a issue.Rv repair shops say they are one of the best to deal with.Never a hassle.

I've heard good reports about Good Sam's extended warranties; you might look into one of theirs.

Mike

Wholesale warranties is NOT a Insurance company. They are a broker just like any insurance agency that sells many different companies policies. We purchased a RV shield policy through them and had no problem with claims. Do read the above mentioned BBB claims they are very educational

On must completely understand the terms and coverage of the policy they purchase. If in doubt call and ask questions. Every insurance policy has exclusions and we must understand what they are.

Bird Freak wrote:
Take the money and put in a rv repair account.

I second this approach. Why not have your money work for you, not for a company. Have this money in an account that is drawing interest for you, and in the event you don't have any issues with your 5th wheel then you still have this money.