RVAC extended warranty
Hi all. I bought 5 year extended warranty for my trailer. There are basically two packages. Gold and Platinum. I got the Gold and for $1000 more, I can switch to the Platinum. Here is what you g...
Forum Discussion
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.
