dougrainer wrote:RLS7201 wrote:
If they can afford to sell me insurance, I can afford to not purchase it. Put the monthly payments into a savings account and you'll be ahead of the odds.
Also, you'll loose a lot of time waiting on the adjuster and the maintenance provider to come to terms.
If the money is coming out of your pocket, you're in charge.
Richard
This is a good idea. BUT, as I stated earlier, do you have the money to cover a 3000 to 5000 dollar repair in the first 2 or 3 years of owning? The cost for a ESC is usually less than $100 per month. It would take 3 years to amass a $3600 nest egg. You need to get the ADDED monthly cost of the ESC BEFORE you sign the papers. They always try to bury the actual cost in the numbers game when in the finance office. It can be very confusing if you don't understand the game the F&I people play. The F&I person makes a big chunk of his salary off the commissions he gets from both ESC and Finance rate up charges. Most people don't know that the finance rate quoted at both Auto and RV dealers is usually 2 points ABOVE the actual finance rate the Financial institution charges the dealers. THAT is also negotiable. The Dealer and F&I person gets a cash cut of the profit from the rate up charge. Always get your own financing on the hook before using the RV dealer for financing. If the dealer is cheaper, go with him. If your dealer is higher tell him to match the rate YOUR financing has quoted. They will almost always match the rate. They will just not make as much profit. But better a little than NO profit on the financing. Doug
dougrainer wrote:RLS7201 wrote:
If they can afford to sell me insurance, I can afford to not purchase it. Put the monthly payments into a savings account and you'll be ahead of the odds.
Also, you'll loose a lot of time waiting on the adjuster and the maintenance provider to come to terms.
If the money is coming out of your pocket, you're in charge.
Richard
This is a good idea. BUT, as I stated earlier, do you have the money to cover a 3000 to 5000 dollar repair in the first 2 or 3 years of owning? The cost for a ESC is usually less than $100 per month. It would take 3 years to amass a $3600 nest egg. You need to get the ADDED monthly cost of the ESC BEFORE you sign the papers. They always try to bury the actual cost in the numbers game when in the finance office. It can be very confusing if you don't understand the game the F&I people play. The F&I person makes a big chunk of his salary off the commissions he gets from both ESC and Finance rate up charges. Most people don't know that the finance rate quoted at both Auto and RV dealers is usually 2 points ABOVE the actual finance rate the Financial institution charges the dealers. THAT is also negotiable. The Dealer and F&I person gets a cash cut of the profit from the rate up charge. Always get your own financing on the hook before using the RV dealer for financing. If the dealer is cheaper, go with him. If your dealer is higher tell him to match the rate YOUR financing has quoted. They will almost always match the rate. They will just not make as much profit. But better a little than NO profit on the financing. Doug
RLS7201 wrote:
If they can afford to sell me insurance, I can afford to not purchase it. Put the monthly payments into a savings account and you'll be ahead of the odds.
Also, you'll loose a lot of time waiting on the adjuster and the maintenance provider to come to terms.
If the money is coming out of your pocket, you're in charge.
Richard
RLS7201 wrote:
If they can afford to sell me insurance, I can afford to not purchase it. Put the monthly payments into a savings account and you'll be ahead of the odds.
Also, you'll loose a lot of time waiting on the adjuster and the maintenance provider to come to terms.
If the money is coming out of your pocket, you're in charge.
Richard
RLS7201 wrote:
If they can afford to sell me insurance, I can afford to not purchase it. Put the monthly payments into a savings account and you'll be ahead of the odds.
Also, you'll loose a lot of time waiting on the adjuster and the maintenance provider to come to terms.
If the money is coming out of your pocket, you're in charge.
Richard
RLS7201 wrote:
If they can afford to sell me insurance, I can afford to not purchase it. Put the monthly payments into a savings account and you'll be ahead of the odds.
Also, you'll loose a lot of time waiting on the adjuster and the maintenance provider to come to terms.
If the money is coming out of your pocket, you're in charge.
Richard
craig7h wrote:
I have had and was pleased with Good Sam Extended Service. I have heard that FMCA has a good plan. I would not go with dealers plan as they tie you up in to many things. With GS I can say you will beable to get the work done anywhere that excepts the plan. Thats important if you are traveling away from home alot. All you have to do is call them up and they will give you a quote, you can decide from there.
It seems you really like this coach which is good. It seems the dealer is not very knowledgeable on its condition. Thats understandable, I would (if possible) get an independent company to do an RV inspection before you sign on the dotted line. This will give you some reassurance of the condition of the coach. It will also give you a punch list of things the dealer could fix when doing the PDI.
Good Luck and safe travels
craig7h wrote:
I have had and was pleased with Good Sam Extended Service. I have heard that FMCA has a good plan. I would not go with dealers plan as they tie you up in to many things. With GS I can say you will beable to get the work done anywhere that excepts the plan. Thats important if you are traveling away from home alot. All you have to do is call them up and they will give you a quote, you can decide from there.
It seems you really like this coach which is good. It seems the dealer is not very knowledgeable on its condition. Thats understandable, I would (if possible) get an independent company to do an RV inspection before you sign on the dotted line. This will give you some reassurance of the condition of the coach. It will also give you a punch list of things the dealer could fix when doing the PDI.
Good Luck and safe travels
stephlise wrote:
thanks! the issue is the dealer won't give me ANY information up front
stephlise wrote:
thanks! the issue is the dealer won't give me ANY information up front
stephlise wrote:
... the issue is the dealer won't give me ANY information up front ....
stephlise wrote:
... the issue is the dealer won't give me ANY information up front ....
