RVAC extended warranty

I opened my own warranty acct back in 1988. Every time a salesman offers to sell me an extended warranty for any item, I decline it and add the purchase price of it to my own acct. If I ever need to make a repair, the money comes out of that acct.
This year I paid cash for a 2016 TT using a portion of the unused warranty money.
Keep your hard earned in your pocket where it works for you and not in someone else's pocket where it works for him.

You really only bought a 3 year extended warranty. and I highly doubt it would cost $1000 to replace a slideout motor.

I would keep my money and save it for repairs.

Double check what the warranty covers. On our first trailer, the extended warranty didn't cover much of anything except for the refrigerator, heater, and A/C. Nothing structural or the basic electrical or gas. We found out when we had a structural problem, and it wasn't covered. So make sure it covers what you're worried about. We didn't get one on our new trailer.

arush19 wrote:
As was stated, "Life is a gamble." You're betting that something big will go wrong with your trailer (or truck, television, washing machine, refrigerator, etc.) You're betting that something will cost more than what you paid for with the extended warranty. I always figure the money I saved by declining all the extended warranty offers will more than pay for whatever repair I may have in the future. Don't buy into it; the house always wins (and profits).

I think this is the way to look at it. It's not really the cost of the RV warranty vs the cost of POTENTIAL RV repairs. It's the cost of ALL of the warranties you ever took or were offered vs the cost of ALL potential repairs on all of the items.

I don't believe I've ever taken an extended warranty. I also believe I'm way ahead. How often do relatively new things break? If it gets past the original manufacturers period it will probably be good for many years. Or it will have been repaired already during that period if you buy late model used.

While I never accept extended warrentees; I did purchase a four year "purchase price" insurance policy that included a bunch of extras.

It was not cheap but it was the only insurance I could find that would pay the purchase price not a depreiciated value.

I figured if I had not driven off a cliff or some made some other blunder in four years, I would transfer it to my auto insurance.

As was stated, "Life is a gamble." You're betting that something big will go wrong with your trailer (or truck, television, washing machine, refrigerator, etc.) You're betting that something will cost more than what you paid for with the extended warranty. I always figure the money I saved by declining all the extended warranty offers will more than pay for whatever repair I may have in the future. Don't buy into it; the house always wins (and profits).

See if you can get your money back on what you have but definitely don't give them another dime.

You never know, you just never know. I tried to use mine on my Outback, just to find out the "extended" warranty excluded it, because it was left out of the contract. But, it turned out the manufacturer went ahead and did pay for the repair (or at least part of it). So you know, you just never know how things will turn out. In 20 years of RV ownership, this was the first attempt at using the "extended" part. Pop-up did not have it, first TT did, second TT did not, third TT did. So, actually, in 20 years, I've never been able to use it.

Life is a gamble? Save that $1000, put it aside, add $10 to it every month and let it build for (IF) you do need a repair. (my suggestion).

Hi all. Sorry, I guess I thought enough people would recognize me....LOL
The trailer is two years old (in my signature, 2015, bought in 2014). So the manufacturer warranty is done in the spring.
I bought the GOLD package when I bought the trailer and have no regrets with that. We had the money.
No, i am getting my bonus and was thinking about putting the $1000 on the Platinum package.
If the slide out motor ever failed, I can see that being more than $1000 repair? So do or do not is the question now that my manufacturer warranty is almost done.
Hope this clears things up!

We bought an extended warranty once and got out of it (prorated refund). In my opinion it was useless.