Dealer Extended Warranty: Worth it?
The saga continues, but we're close to buying our first coach. We found an 09 Fleetwood Excursion 40x. It has every we need: right number of seat belts, 360HP cummins with 1000 ft lbs of torque, the...
Forum Discussion
I use to be a service manager for a major retailer and we sold 'Service Contracts' (SC) as they are properly known. Naturally, as the manager, I had to know the SC business inside and out. What I found was that only 10% of SC purchasers ever use them. That other 90% paying in is what makes the industry profitable.
When I bought my first RV and they offered a SC, I looked into the industry and found some slight differences, like 15% use them at least once. The main difference was the criminal actions of the SC companies themselves. They seem to have such a good time weaseling out of paying for repairs that it's laughable. I wouldn't trust a one of them, not a one, to actually pay up.
Word from here is to put that $4000 in the bank. Be self insured. Or put $1000 in the bank and then add to it monthly.
When I bought my first RV and they offered a SC, I looked into the industry and found some slight differences, like 15% use them at least once. The main difference was the criminal actions of the SC companies themselves. They seem to have such a good time weaseling out of paying for repairs that it's laughable. I wouldn't trust a one of them, not a one, to actually pay up.
Word from here is to put that $4000 in the bank. Be self insured. Or put $1000 in the bank and then add to it monthly.
