When I bought my camper last weekend, the dealer talked me into buying a service contract. I said no thanks at first because I normally do not buy them for any of my cars or appliances. The dealer said they will take $1,000 off and drop my interest rate down by .25 percent for 6 years service contract. Now my loan rate is 4.74%. I thought that was a great deal. Now I had a chance to really read the contract and crush some numbers. I don't think my service contract is worth it. For starters, my TT is Wildwood by Forest River, which is a low end camper. It does not have any complicated things that a higher end camper will have. The most expensive part to replace is the refrigerator. I am pretty handy man and I can either replace or fix most of the stuff for much lower than the cost of the service contract. Another reason is the deductible is $100. The only way to get my money worth is if A/C, microwave, hot water tank, refrigerator, and maybe the DVD player all quit working at some point. That will never happen.I was wondering what you think. I understand this is matter of opinion. I have 30 days to cancel it to get my money back except for $50 and I get to keep my interest rate.

Cancel it. Eat the $50 and save yourself $950.Besides, the frig and all other major components have their own warranty already...probably for 2 years. Not need to double insure at this point.

downtheroad wrote:Cancel it. Eat the $50 and save yourself $950.Besides, the frig and all other major components have their own warranty already...probably for 2 years. Not need to double insure at this point.X2.

X3 Good luck and please let us know how things work out.

I never was a supporter of contracts and to this day. All that being said when we purchased our new MH 2 years ago my wife insisted on it, I didn't argue with her.As I type this email my MH is at General RV and has been for two weeks ( sat there a week before they looked at it, even with a appointment). I was then told that they're waiting for approval from Cornerstone ( extended service contract holder). That it could take some time. What??? I spend thousands of dollars on a contract that needs approval based on their schedule? Then I was told after the approval they would then order the parts ... Which is another 7-10 days before they would get them in. I was given the option to "purchase the parts myself " to speed it up and try to get reimbursed from Cornerstone. Keep in mind this is the same dealer that sold me the contract. So I said to my wife today, the decision to buy that was one of the stupidest things we have wasted money on. Bottom line, in the remaining 3 years I'll need to do thousands of dollars in repairs each year to break even. Plus the drive train and engine are covered under their own warranty for 5 years anyway. One year from Fleetwood on everything and two years on the structure. So bottom line, there are many systems in your RV that may have separate warranties that cover things. Most likely your gonna lose. Run away!

If you cancel, would you post a photo of the look on his face (the dealer)?

I was talked into buying a service contract, but now....

et2
Explorer
May 03, 2015
I never was a supporter of contracts and to this day. All that being said when we purchased our new MH 2 years ago my wife insisted on it, I didn't argue with her.

As I type this email my MH is at General RV and has been for two weeks ( sat there a week before they looked at it, even with a appointment). I was then told that they're waiting for approval from Cornerstone ( extended service contract holder). That it could take some time. What??? I spend thousands of dollars on a contract that needs approval based on their schedule? Then I was told after the approval they would then order the parts ... Which is another 7-10 days before they would get them in.

I was given the option to "purchase the parts myself " to speed it up and try to get reimbursed from Cornerstone. Keep in mind this is the same dealer that sold me the contract. So I said to my wife today, the decision to buy that was one of the stupidest things we have wasted money on.

Bottom line, in the remaining 3 years I'll need to do thousands of dollars in repairs each year to break even. Plus the drive train and engine are covered under their own warranty for 5 years anyway. One year from Fleetwood on everything and two years on the structure. So bottom line, there are many systems in your RV that may have separate warranties that cover things.

Most likely your gonna lose. Run away!
guidry
Explorer
May 03, 2015
X3
Good luck and please let us know how things work out.
ScottG
Nomad
May 03, 2015
downtheroad wrote:
Cancel it. Eat the $50 and save yourself $950.

Besides, the frig and all other major components have their own warranty already...probably for 2 years. Not need to double insure at this point.

X2.
downtheroad
Explorer
May 03, 2015
Cancel it. Eat the $50 and save yourself $950.

Besides, the frig and all other major components have their own warranty already...probably for 2 years. Not need to double insure at this point.

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I was talked into buying a service contract, but now....

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