Extended warranties...which are the best?

Coaches generally for roof is 10 years, the chassis is 3/36000 on most, appliances are usually 1 year is what we found when we were looking. Bought our 2012 and got the good sam coverage and veh insurance. Extended coverage is around $600 per year. So 4 years for $5K is expensive. Yes you can wait till something breaks but we got ours just to ensure that since it was a 'used' vehicle that we did not want to experience the unexpected. These can be cancelled at any time. BTW ours only had 4400 miles on it also. This is the guy we dealt with at GS: Ian Ver, 216-592-7456

Check with the dealer and the paperwork to determine what is still under manufacturer's warranty and for how long. The coach section should be warranted for at least one year and the truck part maybe for 3 years. Then do what was said before - put money into a savings account to be used only for motorhome repairs and forget about the dealers extended warranty.

Take that $5000 and put it in a savings account, and only use it for repairs that warranty would pay for. Chances are you will come out a head.

Honestly, I would do this;

Put the $5,000 (or whatever) into an interest bearing account of or a short term CD and let it sit there unless and until you need a repair.

WoodGlue

You are bound to get a lot of different answers on this subject. There are tons of posts on here already of course. I would say make sure that you read the service contract fully so you know what is covered. Do not take their word for "everything is covered" terminology because it most likely is not the case.

Understand there are two types of contracts:

1. Included Types - Only the parts/items specifically listed on the contract are covered.

2. Excluded Types - Everything on the vehicle is covered expect the items specifically listed on the contract that are NOT covered.

Typically the exclusionary types of service contracts are a better deal.

Finally, KNOW that you can negotiate a price for the service contract. If they hit you at $5000 for a service contract than counter at $2500 if you decide that you want it. They might not accept that offer but $3000 might be a nice place to meet on terms. Just some food for thought.