Just some plain advise
I just purchased a new 2014 Coachmen Encounter 37LS on 20 January. The dealership where I purchased it attempted to sell me an extended warranty for four years on appliances ($3500), a 3 year extended...
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..Agree with previous posts. Generally speaking, extended service contracts are a huge profit generator for dealers, and usually best to pass on them.
Look at it this way: Extended contracts, are like a gamble. You're gambling that there'll be enough COVERED repairs to where you'll save more than you spend on the contract. They (the ones that make all the rules, write the fine print, etc.) are gambling that any repairs needed will NOT be covered, or won't happen until after the contract expires. Hehe, guess who wins that gamble frequently enough to turn a large profit selling those contracts? Not you. :)
There'll always be a few here that will tell you that a service contract is a good idea, and will explain how having one saved them a bunch of $$ on repairs. I consider those folks as having done the equivalent of winning the lottery, they're the lucky ones. For every one that saves a bunch by having an extended service contract, there's many, many others that just lost a bunch of $$ on them. If that were not the case, they would not be selling those contracts. Are you feeling lucky? :)
Like already said, get a roadside service deal with Good Sam or CoachNet or whatever, and put that $$ aside in a savings account or whatever that you would spend on the service contract. 9 times out of 10 you'll be $$ ahead that way in the long run.
Hehe, when we bought our MH and were signing all the papers, finance guy did same thing you're talking about - pitched several different service contracts at us. After I passed on every one, he said at one point, "Ah, man, you're killing me!" IMO, that kinda said it all, about what those contracts are really about - Dealer profit. :)
Look at it this way: Extended contracts, are like a gamble. You're gambling that there'll be enough COVERED repairs to where you'll save more than you spend on the contract. They (the ones that make all the rules, write the fine print, etc.) are gambling that any repairs needed will NOT be covered, or won't happen until after the contract expires. Hehe, guess who wins that gamble frequently enough to turn a large profit selling those contracts? Not you. :)
There'll always be a few here that will tell you that a service contract is a good idea, and will explain how having one saved them a bunch of $$ on repairs. I consider those folks as having done the equivalent of winning the lottery, they're the lucky ones. For every one that saves a bunch by having an extended service contract, there's many, many others that just lost a bunch of $$ on them. If that were not the case, they would not be selling those contracts. Are you feeling lucky? :)
Like already said, get a roadside service deal with Good Sam or CoachNet or whatever, and put that $$ aside in a savings account or whatever that you would spend on the service contract. 9 times out of 10 you'll be $$ ahead that way in the long run.
Hehe, when we bought our MH and were signing all the papers, finance guy did same thing you're talking about - pitched several different service contracts at us. After I passed on every one, he said at one point, "Ah, man, you're killing me!" IMO, that kinda said it all, about what those contracts are really about - Dealer profit. :)
