Forum Discussion

Turbosix's avatar
Turbosix
Explorer
Mar 30, 2017

Extended Warranty or Not

Dealer talked me into a 5 year extended warranty for about $2500 on our new TT. It says I can cancel within 45 days for a full refund. That's the route I want to go because I'm very handy.

I would to know if an extended warranty really did pay off for anyone. I would think for most it did not.

Thanks for the replies!
  • To me an extended warranty is about the person not the product. ;)

    My brother just bought a new car and paid additionally for a full 7 year extended warranty. Not a chance I'd ever do that BUT he's a do nothing guy when it comes to cars - he knows how to drive one, put gas in it, and does get the oil changed when needed but other than that he doesn't want to know about how anything works and has zero interest in fixing anything himself. For a person like him an extended warranty probably makes sense but for those who have even a modicum of interest and willingness to deal with "issues" themselves an extended warranty IMO is a total waste of $$$$.

    So what it comes down is - which type of person are you? :@
  • Most new trailers/5th wheels come with a full 1 yr. warranty from the mfg. I figured that if I didn't have any major serious repairs within that yr. I didn't see the value of paying $2500 for the extended warranty. There are too many loop holes, exceptions, conditions that have to been met for the Extended warranty to pay off.
  • Nope . I would not and never have and I have bought a lot of RVs, P/Ups, you name it in my nearly 80 years. It would have never payed off for me even for washing m , dryers etc
  • It pays off if the RV you bought has a lot of problems with it... Or maybe one major one? Who knows? How good is your Crystal Ball?

    But, who wants to have a POS RV so they get value out of the extended warranty?

    Now, if it gives you peace of mind having it and you never have to use it, than great.. That's really the only reason you should really pay for an extended warranty IMO...

    If all you want is to have more claims on your POS RV that ends up costing more than what you paid for the warranty than great...

    See where I'm going with this?

    It's your choice.. To quote some movie out there.. "May the odds be in your favor"... ;)

    Good luck!

    Mitch
  • Put the money in a savings account for future repairs. The 2500 you pay dealer gets probably half as pure profit.