the OP, as far as I can tell, does not have that $1400 in his pocket and is not paying cash for this purchase. as was stated, it will be a couple of bucks a month for buying peace of mind. how is the OP set financially if an expensive repair pops up?
bumpy
Bumpy,
You are sharing the other side of coin. If something goes wrong in a big way the warranty would have been a good thing. But the gamble is
IF and not
WHEN something goes wrong. I think the $1400 cash or payments per month would not be in my best interest since the factory warranty covers the first year or so and the five years also covers the first year when the factory warranty is also in force. It sort of is double coverage as it runs concurrently.
To start with a better coach get rid of the OEM tires before taking possession and that should be some good peace of mind and a warranty against damage in itself. Of course, nothing is said about insurance on the coach and tire damage would/should be covered by insurance not warranty but that is a different debate for another day. The extended warranty is about problems, not damage, to the coach and the most likely would be the refer crapping out.
There is absolutly nothing wrong with your assessment; it is all about a gamble and I would be willing to take the gamble and pocket the $1400 either in cash or in slightly less payments.
Some have said to be sure the warranty covers what you want covered, some manufacturers like to think they only make the coach and not the items and applicances in it. That makes it a little hazy if the coach manufacturer asks the customer to contact the applicance manufacturer for relief if the probem is with an appliance. Clearly RV's are not cars where the dealer fixes what is wrong under warranty regardless if is was provided by a supplier.
If the coach manufacturer stipulates that the roof should be re-sealed every year and the customer does not do that and it leaks, then does the warranty apply? Lots of loop holes or potential loop holes to consider.