Should I get the extended service plan

DrewE wrote:

Hank85713 wrote:
its a **** shoot. We bought a 1 year old winnebago aspect with 4000 miles on it. I did buy the extended warranty stuff from camp world and 2 years later had a fuel pump go out and they paid almost all except for $700 worth. They did the tow, the roadside call etc. So it really is your call. check with camp world on their extended service plan 1st to compare.

it also covers tires?? I really dont know. Like most I dont buy these things but worked out I guess in long run.

Tires were not listed in the post. I don't think any extended warranty would cover wear items like tires (or brakes or belts or hoses). Even a standard new vehicle warranty doesn't cover tires, which rather come with a separate warranty from the tire manufacturer.

If we take the fuel pump as an example, the poster in this case would be $1000 ahead to skip the extended warranty and pay for the fuel pump out-of-pocket. On average, these--like any insurance policy--will end up costing more than taking care of things without insurance, since no insurance company will survive by paying out more on average than they take in. The whole point of insurance is not to save money, but rather to make sure that the total money spent is within what you can afford--that is to say, to pay a little more all the time so as to never have to pay a whole lot more in an unlikely scenario.

The basic powertrain components the poster's warranty lists as covering are basically those things that very rarely break down on their own absent extraordinary abuse or neglect. Parts subject to wear and breakdown, like brakes and suspension parts and exposed universal joints and electrical system stuff, aren't covered.

My recommendation would be to skip the insurance in this case and perhaps instead put the money aside for whenever maintenance or repairs are needed. Money in the bank doesn't carry the same exclusions on coverage.

And if "all but $700" for a tow and a fuel pump (which is a cheap part and relatively easy repair on a gas engine) seems like you got a good "deal" then warranties are good for you to help protect you from getting totally fleeced on a repair.