Extended Warranty, where do I go and would you do it.

paulcardoza wrote:
To buy or not to buy....... Very personal decision. Here's the question I would ask the guy in the mirror:

If I have a catastrophic failure on my RV, will I be able to absorb the cost to repair it? Or will I be paying on an RV LOAN for a rig that is sitting in my driveway, un-usable?

By catastrophic, I mean a drivetrain failure, like an engine or transmission. In a gasser, this could run $5,000 - $7,000. If this would kill you financially, look at an EW for drivetrain coverage. A refrigerator failure may run you $1500. This is where it becomes more questionable. Sure, things can pile up and end up costing you big money, but the odds are against it.

YOU need to decide based on your risk tolerance and financial status. We bought our 2003 Executive in 2011. While it had all the maintenance records and was "apparently" is wonderful shape, it had 63,000 miles on it and you never REALLY know how well it was cared for. We bought a 2 year EW, because we had no prior experience with such a higher end DP and did not want any ugly surprises. Our EW will run out in September and unless we have a slew of problems, we will not recoup what we've paid in. Our only problem was a failed alternator, this past March.

We have XtraRide Platinum coverage. They are a real pleasure to deal with! If you do decide to buy in, I would strongly suggest looking at them. Wholesale Warranties, online, does rep them.

Just go into the decision with your eyes open, realizing that this is insurance and the providers make lots of money. Odds are you will not recover what you paid in, by a longshot. None of that matters, however, if you are comfortable with the decision. Don't let others try to dictate what YOU should do. Make your own informed decision........