Newmar Platinum Insurance ????

[vcb49]

I am about to purchase my first motorhome, 2014 Newmar Bay Star Sport 2903. Dose any one have any experience with the Newmar Platinum Insurance coverage the dealer is talking about? My car insurance company is AAA.

[BobGed]

If you feel like you need an extended service contract, I agree with what others have posted about thoroughly reading it so you understand what is covered and what is not.

I would then recommend contacting Wholesale Warranties to compare coverage and cost.

[Lwiddis]

Not with the 2903 model IMO.

[Lwiddis]

Stop letting “slips by you.” Or you’ll be bankrupt.

[vcb49]

Thanks Executive, a few tips and angles I did not consider. I doubt seriously if they will throw it in for free, LOL.The " exclusionary contract" is quite the little gem, that would probably have slipped by me. Thanks, and I will ask for a blank copy.

[dougrainer]

Executive wrote:
If they throw it in for free, go for it. Otherwise get a blank copy, take it home and read it from cover to cover very carefully. Dealers usually make 100% profit on those contracts. I have had two with my current coach and they both have paid for themselves. That said, make sure they are exclusionary contracts. This means they tell you, in writing, what is NOT covered. If it's not in the contract, it's covered. Most contracts contain verbiage similar to "If a covered part fails due to the fault of a non-covered part, the covered part is not covered". Yep!! written by an attorney...best of luck....Dennis

They don't make 100% profit. What makes you think that? They DO make a profit. But, they still have to send money to the ESC company. The "profit" is a 1 time payment at the purchase of the vehicle. IF the policy is canceled, then the dealer has to rebate part of that payment back to the RV'er. Years ago, some dealers self insured their own ESC contracts. But, that is not very common now. They use established ESC companies. The Price of the contract negotiation is a hit on the dealers profit. The ESC sells the ESC for a fixed price and that is not negotiable. Doug

[Executive45]

If they throw it in for free, go for it. Otherwise get a blank copy, take it home and read it from cover to cover very carefully. Dealers usually make 100% profit on those contracts. I have had two with my current coach and they both have paid for themselves. That said, make sure they are exclusionary contracts. This means they tell you, in writing, what is NOT covered. If it's not in the contract, it's covered. Most contracts contain verbiage similar to "If a covered part fails due to the fault of a non-covered part, the covered part is not covered". Yep!! written by an attorney...best of luck....Dennis

[vcb49]

Thanks dougrainer for being so understanding and yes, they were talking about Extended Service Contract, ESC, not a warranty.

[dougrainer]

vcb49 wrote:

dougrainer wrote:
Newmar has PLATINUM DEALERS. What this designates is, These Dealers will work(warranty also) on ANY Newmar owner regardless of where they purchased. This is NOT a add on cost to a new owner. The OP needs to clarify. I would bet what the dealer is offering is a ESC with that name. Doug

Ok, this is all brand new to me so please bear with me. What does OP and EST stand for? It is a used 2014 Newmar, I will be the second owner, I am purchasing it out right not financing. I'm not total sure what all it does and does not cover, I haven't had the full sales pitch on it yet, (that's why I'm asking for opinions and other people's experience in this matter), just a brief sales yahoo. I am bringing my son and his wife with me so I don't get overwhelmed with the double talk. My biggest concern since I am on my own what do I do when something breaks down. I am no stranger to preventive maintenance and looking for what might be going wrong. But I am not the brights tack in the box, if I can't fix it with duct tape, zip ties or bailing wire I'm dead in the water!

ESC----Extended Service Contract, This is NOT a warranty even tho they may sell it as such
OP-- That is YOU (Original Poster)

[vcb49]

dougrainer wrote:
Newmar has PLATINUM DEALERS. What this designates is, These Dealers will work(warranty also) on ANY Newmar owner regardless of where they purchased. This is NOT a add on cost to a new owner. The OP needs to clarify. I would bet what the dealer is offering is a ESC with that name. Doug

Ok, this is all brand new to me so please bear with me. What does OP and EST stand for? It is a used 2014 Newmar, I will be the second owner, I am purchasing it out right not financing. I'm not total sure what all it does and does not cover, I haven't had the full sales pitch on it yet, (that's why I'm asking for opinions and other people's experience in this matter), just a brief sales yahoo. I am bringing my son and his wife with me so I don't get overwhelmed with the double talk. My biggest concern since I am on my own what do I do when something breaks down. I am no stranger to preventive maintenance and looking for what might be going wrong. But I am not the brights tack in the box, if I can't fix it with duct tape, zip ties or bailing wire I'm dead in the water!

[wildtoad]

At a minimum OP should get a look at any paperwork for what is being offered, read it, then turn it down.

[dougrainer]

Newmar has PLATINUM DEALERS. What this designates is, These Dealers will work(warranty also) on ANY Newmar owner regardless of where they purchased. This is NOT a add on cost to a new owner. The OP needs to clarify. I would bet what the dealer is offering is a ESC with that name. Doug

[Bruce_Brown]

We're at almost 20 years of Newmar ownership and never heard of it either.

[imgoin4it]

Had a newmar for more than eleven years and never heard of it.

[Lwiddis]

What does the “Newmar Platinum Insurance” cover? What does it cost? Are there deductibles?