Forum Discussion

mariontl's avatar
mariontl
Explorer
Jun 01, 2015

Re purchasing a warranty & how many km's is too many ?

Husband and I are in the process of buying a Winnebago Itasca Sunova 2005 Class A motor home. Ford V10. Has 97,000 km. Husband is thinking of buying warranty to cover the coach and the drive train but...
Class A
JimM68's avatar
JimM68
Explorer
Jun 01, 2015
Jerry, why would you be happy?

The OP says $4300 for the warrantee, I assume for one year since nothing was mentioned...

If you collected $3k, you are still a grand behind...

Back "in the old days", I sold over a half million in annual service contracts, over a couple decades, on electronic industrial equipment. $400k of that half mill a year was profit!

Service contracts and extended warrantee's are EXTREMELY profitable in any and every business where they are sold.

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