milo wrote:
DW & I agreed when we bought our 07 Cougar back in 06 that instead of buying the 2500 dollar extended warranty that we would put the 2500 bucks in a Vanguard account and add a 100 a month to it. Well we sold the TT in 2014 and had accumulated a little over 13,000 in the account. Never needed to use it, So now with the new 5er added another 2500 to it + the 100 a month, we'll have a nice slush fund if we need any repairs and if not, it's gonna be our travel funds or for whatever.
other than your choice of deposit account that's precisely what we did when we bought new back in 2000. we started with the cost of the 'extended warranty' (roughly $3500) and added $X to that fund every month. we paid for all routine maintenance, upgrades and repairs from that fund. we currently have a balance in that fund of around $8k. sometime in july we'll be taking delivery of a new MH and will continue to add $X to the maintenance and repair fund for the new MH.
