jerseyjim wrote:
Extended warranties are simply a money maker for the companies issuing them. With me, when NEW, I was offered an extended warranty for a couple of THOUSAND dollars...after I just paid over 80 THOUSAND for the motorhome. I had 3 years on the chassis and one year on the motorhome part itself...and all the equipment inside (stove, a/c units, etc., etc.) and their OWN stand alone warranties. I declined. TEN years later I had to replace the fridge. $1300. I guess by then, with renewals, I would have paid like ten grand or more for the "extended". So...in my case....who came out ahead?
I suggest you read the contracts very carefully. Especially the "exclusions"! You might find they cover spark plug #3 but not spark plug #5.
Your money, your choice. Me? I'll put those monies in the gas tank and travel.
You are correct in your thinking, Jim. But YOUR coach was NEW. I, too would never buy a warranty/service contract if buying NEW.
The OP is looking at a 11 year old coach, and USED! Hence, the desire for some protection against a costly failure. All the "stuff" on that coach is well out of warranty so anything that breaks is on his dime. I cannot afford to have my coach sitting idle while waiting to save up enough for a costly repair. I lost the rear end on my coach to a tune of almost $6k which was covered by the warranty I had. The Not-so-Cold also was covered when it gave up a couple years back. That was $1500. I'm pretty handy with a wrench, since I built street rods for over 40 years but I don't have the desire/ability/knowledge/space or equipment to change out the pumpkin on my diesel.
Again, for new, I would decline. For used, it should be considered, especially if you're not too handy with a wrench....Dennis