Originally Posted by eggs5p
I would not take the extended 5 year warranty.
Way to much money...I got the extra year for 150$ on my Rockwood, wich is reasonable.
Extended warranties...on anything...is just a money grab in my opinion.
I NEVER buy them, much more better places to spend my hard earned money than this.
Many sales rep became less friendly when I tell them I'm not interested.
Example: $1,500.00 extended warranty
Dealer pays $1,000.00 for that extended warranty
Finance guy typically gets 25% of that $500.00 profit
(DH used to sell recreational vehicles...boats in FL...and other vehicles, so he knows the game. I've seen a finance guy throw F bombs...seriously... at DH while negotiating that extended warranty, as DH *knows* those numbers and isn't about to pay full price, or an inflated price.) DH actually enjoys playing the game, but the F bombs sent him over the top. I'll just say that finance guy is no longer employed at that company...nope, that wasn't an RV dealership.
We paid $1,500.00 for extended warranty on the V-Lite we bought last June, so the dealer refunded $1,250.00 of that to us when we bought the 5er January 4th. We applied that back to the extended warranty on the 5er, so we were out of pocket only $250.00 this time around.
Our extended warranty doesn't kick in until after FR's initial warranty expires, according to our finance guy.
BTW, the starting price
for our extended warranty on the RV was $2,295.00. Make 'em sharpen that pencil!