Is Warranty Forever a good deal?
I just bought a new jayco jayflight, the dealer explained the forever warranty which has to be done yearly at a cost of 350.00 or more which covers most things as long as I have the yearly inspection ...
Forum Discussion
ScottG wrote:
I think you'd be much better off banking the $350 a year and putting it towards any repair needed.
My TT is middle of the road quality wise. Had I bought a warranty like that it would have been a complete waste of money.
I never buy extended warranty's. At this point, even if I have a major repair on anything we have, I am money ahead.
These warranty company's make a lot of money playing the odds.
Totally agree with this. I decline all tire warranties and am in the ballpark of 350 dollars ahead after replacing one tire myself. Having 4 vehicles that get tires replaced the dollars add up quickly.
Life was ok before extended warranties and will be after they are declined. Consumer reports says 73% of extended warranties are NEVER used.
To me they are like time shares...you pay and pay and get very little.
