Reply
 
Thread Tools Display Modes
Old 03-02-2016, 05:04 PM   #1
Senior Member
 
Join Date: Jan 2016
Posts: 126
Dealer income from extended warranties?

Any ideas on the percentage dealers get from buyers? Several years ago one dealer got mad when we refused to buy an extended warranty and we were thinking it was because he wasn't getting his percentage of the EW.
__________________

__________________
rogerkathy is offline   Reply With Quote
Old 03-02-2016, 08:34 PM   #2
Senior Member
 
Alex.mcintosh40's Avatar
 
Join Date: Dec 2015
Location: Ohio
Posts: 204
I know when I worked for a Ford dealer with cars the finance guy got 12% of what he sold it for. They can lower the price of it if they want. I believe if I they sell a certain amount in that month they get a real big kick back from the ew company
__________________

__________________
2011 RAM 3500 CCLB 6.7L Cummins
2016 Jayco 412W Seismic Wave
Alex.mcintosh40 is offline   Reply With Quote
Old 03-02-2016, 08:42 PM   #3
Senior Member
 
Join Date: Jan 2016
Posts: 126
I suspected it was between 10-20%. I'll be interested if anyone else has info on this. I can see EWs being beneficial (for peace of mind) but we are planning on traveling out of state and I don't want to worry about going for repairs with other dealers than my own. It seems that can be where the real problems come in (according to reports found elsewhere in this forum).
__________________
rogerkathy is offline   Reply With Quote
Old 03-03-2016, 07:31 AM   #4
Senior Member
 
Alex.mcintosh40's Avatar
 
Join Date: Dec 2015
Location: Ohio
Posts: 204
Yeah they are specially for RVs cars and trucks I don't think so as much in my opinion camper dealers get funny about service work if you didn't buy it there. That is the truth on the peace of mind we just bought a 2016 coachmen chapparal 371mbrb and had a 14 lacrosse and had the ew on it and it saved are butt on are air conditioner it went out the day after the year warranty was up was so mad first trip out for the year. We also got the ew on the new one and the tire protection after reading how they are putting cheap tires on these new campers
__________________
2011 RAM 3500 CCLB 6.7L Cummins
2016 Jayco 412W Seismic Wave
Alex.mcintosh40 is offline   Reply With Quote
Old 03-03-2016, 02:40 PM   #5
Senior Member
 
Join Date: Jan 2016
Posts: 126
Was your warranty work done at the dealer you bought from? If you are going to stay in the state (or general area) where you can take your RV to your home dealer, then I can see an EW might make sense. On the other hand, if I plan on traveling out of state a lot, it might be better to just store the EW money in an account instead of giving it to the dealer and then access it as needed.
__________________
rogerkathy is offline   Reply With Quote
Old 03-03-2016, 03:27 PM   #6
Junior Member
 
Join Date: Oct 2014
Posts: 19
Buy a policy from a strong insurance company then you are covered. If you try to find the cheapest, then you will get the cheapest coverage(if any), and then complain. Buy quality, get quality: buy cheap, get ??????
__________________
greyhumpy is offline   Reply With Quote
Old 03-03-2016, 03:38 PM   #7
Pickin' & Campin'
 
5picker's Avatar
 
Join Date: Aug 2015
Location: South Western PA
Posts: 5,002
Quote:
Originally Posted by rogerkathy View Post
Any ideas on the percentage dealers get from buyers? Several years ago one dealer got mad when we refused to buy an extended warranty and we were thinking it was because he wasn't getting his percentage of the EW.
HUGE.

Way more than you even want to imagine.
__________________
_________________________________________
2016 Flagstaff 8529IKBS Diamond Package 5th Wheel
2017 Ford F-Series SCREW 4x4
TST Tire Monitor w/Repeater - Sinemate 3500w Gen.
Days Camped: '15=22 '16=46 '17=30
5picker is offline   Reply With Quote
Old 03-03-2016, 03:44 PM   #8
Senior Member
 
bob dirt's Avatar
 
Join Date: Jan 2016
Location: Phoenix, Arizona
Posts: 293
Dealer totally shut down their niceness act when I wouldn't buy their warranty. She told me I better be handy because they all break. I also told her I was paying it off right away with the sale of my cabin and she asked if I would make payments for at least 6 months. I told her I doubt it. She had a bunch of trophies on her window sill with "best producer" or something like that.
Their percentage must be pretty high because they come down in price right away when you refuse.
__________________
2016 Forester 2401WS MBS
Life is short...eat the cookie
bob dirt is offline   Reply With Quote
Old 03-03-2016, 04:04 PM   #9
Senior Member
 
Join Date: Jan 2016
Posts: 126
I remember years ago (when we were young and inexperienced) buying into one of those camping grounds that you become a member of. Salesman started out with a pitch showing all the benefits if you pay this huge price, but lowered it dramatically to encourage you to buy into their facility today. Seems to be a SOP for any type of program they want you to buy into.
__________________
rogerkathy is offline   Reply With Quote
Old 03-03-2016, 04:50 PM   #10
Senior Member
 
Alex.mcintosh40's Avatar
 
Join Date: Dec 2015
Location: Ohio
Posts: 204
No the warranty work wasn't because it wasn't worth to me pulling it 300 miles home when I stored it there and 300 miles back in the gas money when they got it done right away there and my dealer told me about four week wait to just look at it.I saw there bill when the screen came up and what they charged the ew place was basically what I had paid for the ew
__________________

__________________
2011 RAM 3500 CCLB 6.7L Cummins
2016 Jayco 412W Seismic Wave
Alex.mcintosh40 is offline   Reply With Quote
Reply

Tags
dealer

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



» Virginia Campgrounds

Reviews provided by




ForestRiverForums.com is not in any way associated with Forest River, Inc. or its associated RV manufacturing divisions.


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 11:44 PM.