THOR VEGAS 24.1 USED - SERVICE CONTRACTS

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

You brought up a point I did not mention. Almost ALL ESC contracts will not pay until a grace period is met. Some are 30 days from the start and some up to 90 days. That means they require the selling dealer to fix the covered item. Dealers cannot just sell a piece of junk and expect the ESC to cover it. Some unscrupulous dealers will try to get the customer to wait past that 30 or 90 day to make a claim. The ESC's are NOT stupid. The almost always send out an adjuster to verify cause and failure. Doug

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

THIS^^^^^ Start with how much you would have paid and put that into a separate account. Then add some predetermined monthly amount every month. You should be ahead of the game or be left with only a minimal excess payment due at the time of the breakdown.

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

I may be a little late responding. But Doug makes a good point. I originally posted based on my financial situation. Where as I CAN respond to any on the road billing. I didn't think about those that are in debt with little reserve.

Richard