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Old 04-25-2016, 06:50 PM   #1
bes
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Extended Warranties--Your thoughts

I'm not a warranty guy but............It may be prudent with this home on wheels. Any thoughts would be very appreciated with specific terms and prices. I am NOT a fan of Good Sam but they seem to be everywhere.
I have a 2015 FR3 28ds. Thanks Guys
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Old 04-26-2016, 08:45 AM   #2
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I avoid 3rd party extended warranties. Big profit for the seller. If you do decide to go with one read the fine print very carefully. Then read the super fine print.
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Old 04-26-2016, 09:10 AM   #3
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I avoid 3rd party extended warranties. Big profit for the seller. If you do decide to go with one read the fine print very carefully. Then read the super fine print.
Agree. Know what you are getting and who is selling it.
I never get ext warranty on vehicles, but I did get it on on our current fiver. Route 66, $1995 for 6 years. $33 copay at Rt 66 dealers. Its in the shop now on first claim repair. This repair will not make my money back, but add a new frig or converter and it might surpass my initial cost.
I feel that if you can write a check on a moment's notice for a new converter, a/c, frig, etc, without grimacing, you probably don't need ext warranty.
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Old 04-26-2016, 09:18 AM   #4
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Put the money you'd spend on a extended warranty in a savings account, and use it as needed .
You'll be better off in the long run.


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Old 04-26-2016, 09:38 AM   #5
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I politely disagree. I have an extended warranty on my rig. They just replaced the hydraulic unit that would have cost me $1500. Just cost me the deductible. Luckily it failed in my drive with the slides out. I am going to look at Good Sam and some of the others when its time to re-up. I will say I was not impressed with my current companies CS reps I ended up finding and calling a local mobile repair to do the work, the one they recommend was out of business.
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Old 04-26-2016, 09:50 AM   #6
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Rear slide motor went out on our TT. Extended warranty paid for it.
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Old 04-26-2016, 12:32 PM   #7
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IMHO, 2k on a warranty for a 140k vehicle is not much. I think my warranty is 6 years if I recall. Most likely nothing will happen, but if your slideout breaks, a/c fails, fridge goes, these are big dollar items. I am not a big warranty person, but on my epedition (which I did buy the warranty), the sunroof just went out at about 100 miles past manf warranty. Paid for by extended, worth the money.

End result, I think it gives a little piece of mind. But like another person said, if you always got a couple grand laying around that you do not mind parting with, then the warranty is not needed.
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Old 04-26-2016, 12:47 PM   #8
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My opinion...take your money and run !
I never ever buy any of those extended warranties, pure waste of money.
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Old 04-26-2016, 02:08 PM   #9
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I've had the Good Sam extended warrantee for 6 years, 3 on my Winnie and 3 on my FR3. 3 claims on the Winnie, new AC, new fridge and major slide repair. They paid with no problem. No claims on the FR3, yet. Adding it all up, I'm $400 ahead. It may well be false economy, but it takes some of the worry away and has saved me money so far.
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Old 04-26-2016, 03:45 PM   #10
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We prefer Coach-Net (after all if that is what Forest River uses for their warranty, it can't be all that bad )


Coach-net offers a lot of different levels of service - something those of you might want to check out if you are attending the International Rally in Goshen (Coach-Net will have a rep there for the whole rally).
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Old 04-26-2016, 08:05 PM   #11
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Originally Posted by TURBS View Post
Put the money you'd spend on a extended warranty in a savings account, and use it as needed .
You'll be better off in the long run.


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2015 nights camped "34"
Problem with that is, one high $ repair after 24 months and your savings is gone. Next high dollar repair is out of pocket, or credit card.
With a good ext warranty they're all paid for the duration. But like I say, some can write big checks with ease. I can't.
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Old 04-26-2016, 08:19 PM   #12
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Extended warranties, service plans and the like are high profit add-ons for dealers, that's why the high-pressure sales pitch. Suggest you go with the odds, save your money, and pay as you go.
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Old 04-26-2016, 09:17 PM   #13
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Just like a casino, the company selling the warranty has to win more than they lose or they would be out of business. Sure, some hit the jackpot, but more go home with empty pockets.
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Old 04-27-2016, 03:42 AM   #14
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IMHO, never buy an extended warranty from the dealer when buying an RV. The price is ridiculous. You can get a much better deal by checking out the ESW companies out there. We went with the Good Sam EW because of the price and what all was covered. And yes, we did check out all the fine print. Always remember......buyer beware.


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Old 04-27-2016, 07:24 AM   #15
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Quote:
Originally Posted by rickydeee View Post
Extended warranties, service plans and the like are high profit add-ons for dealers, that's why the high-pressure sales pitch. Suggest you go with the odds, save your money, and pay as you go.
Never said to get a warranty from a *dealer* I recommended Coach-Net; it is the same company that provides your 1st (free) and 2nd (nominal fee) year's warranty from Forest River. (So I guess what's good enough for Pete Ligel is good enough for me )

I think what we like most about Coach-Net is that it is not a "all or nothing" policy: want JUST roadside service? OK. Maybe just a tire warranty? Fine. bumper-to-bumper coverage? It's available as well (and, depending on your rig, costs less than replacing a A/C unit---for a multi-year warranty!)

And yes, if you have a Class A/B/C rig they cover the chassis as well. Are you a full-timer? They are the only company out there that will specifically warrant a RV for full time living.

Worth a look IMHO: https://coach-net.com/
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Old 04-27-2016, 01:20 PM   #16
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I'm afraid this is a debated topic. You will have to do your research to determine which company (if any) is best for you, your pocket book and piece of mind. Just be careful and remember there are EXCLUSIONARY Policies (written what it will not cover) vs LISTED policies (what say they will cover) I myself prefer EXCLUSIONARY policies. Why you probably ask? I want to know up front what is not covered. A listed policy might say (for example) the engine is covered. Okay, the injector failed, computer board bad or water pump leaks. OH! Well your policy covers the engine yes. Rings, pistons, crank ect... but no components of. See that is why I say know exactly what it DOESN'T cover right up front. Some policies are to vague and are written for the pure profit of the company. Remember warranties are a crap shot between you and the companies. They bet it will expire before you use it. (Pure profit) and you look for piece of mind and financial protection. Now to quote a saying of life " (DO YOU FEEL LUCKY!) Good luck in your decision. Research--Research--Research.
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Old 04-27-2016, 09:04 PM   #17
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There is a reason they sell them...they make money so statistically you MUST be better off without them. It's possible it could be a benefit, but for the majority of buyers it is a losing proposition.

It is a high profit margin, and if you roll it into a loan you are paying thousands just to finance it!
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Old 05-17-2016, 01:53 PM   #18
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Thaks Guys, really appreciate all the input------lots of homework to do
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