Ferndale
Ferndale,WA
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Many recommend getting an extended service plan right before your new unit warranty expires.
We have a 2010 Keystone fifth wheel and the warranty will expire in August 2010. We are looking for input as to your experiences with ESPs such as Good Sam's, or any others you have utilized.
Tx,
Brian
U.S. Navy Retired
1962-1983
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LarryJM
NoVa
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Joined: 11/09/2007
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Ferndale wrote:Many recommend getting an extended service plan right before your new unit warranty expires.
We have a 2010 Keystone fifth wheel and the warranty will expire in August 2010. We are looking for input as to your experiences with ESPs such as Good Sam's, or any others you have utilized.
Tx,
Brian
IMHO they are a waste of money and I never get them on anything.
Larry
2001 standard box 7.3L E-350 PSD Van with 4.10 rear and 2007 Holiday Rambler Aluma-Lite 8306S Been RV'ing since 1974.
ALL TRAILER MODS>>ETERNABOND INSTALL>>RAINKAP INSTALL
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skipnchar
Google Kansas USA
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Joined: 12/17/2003
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If you bank the premiums and insure yourself the odds are GREATLY in your favor to come out ahead unless the history of your RV has lead you to believe that immediate assistance is needed. By the time you've owned it through the two year warranty period you should have a pretty good idea of just how reliable or unreliable your particular units is. Good luck / skip
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OR 2004 F-150 HD (85,000 towing miles)
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mowermech
Billings, MT
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They are usually nothing more than insurance policies.
As such, they are a sucker bet, IMO.
YOU are betting that you will have all kinds of problems that the insurance will pay for, so you will come out ahead when the policy ends.
The INSURANCE COMPANY is betting that you will pay them hundreds, if not thousands, of dollars, and never make a claim.
Insurance companies always make a profit.
Who do you think will win the bet?
If I was THAT afraid of excessive repair costs, I would trade the rig for a new one (with warranty) immediately after the warranty expires.
Don't forget, the warranties on the appliances and so forth are entirely different from the house warranty!
If you DO go get one of these things, be sure to read the fine print VERY carefully, so you understand exactly what the policy does NOT cover! Don't worry about what it DOES cover, it probably isn't all that much anyway!
CM1, USN (RET)
'94 Dodge 3500 4X2 CTD, 5 speed, 4.10 LS diff., Jacobs Rambrake, 274,000 Miles
'99 Monaco McKenzie 32' triple slide
'95 Tioga 29H Ford-based Class C
Daily driver: '08 Subaru Outback
Towed: '06 Jeep Rubicon Unlimited/Load Trail 16' flatbed
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mayo30
Lanigan
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You should know that they do not cover structural problems.You can get extended warranties on the appliances from the appliance manufacture.Wear and tear is not covered no matter what.The dealers love to sell them as they make huge profits from them.I always ask the dealer why I need one as he has just finished telling me I bought the best RV made and it will last for ever,trouble free.
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PackerBacker
Home is Montreal Qc & Seasonal is NY Adirondacks
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Save your money.
Eric
2009 Holiday Rambler Admiral 33SFS (34' 3")
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Kirk
Livingston, Texas.
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Let me suggest that you read this article which was published in Escapees magazine on the subject. It is really a personal choice that depends upon your own financial situation.
Good travelin! ........Kirk
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beemerphile1
I'm only 54, I'm not a
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For the most part extended warranties are a "tax on foolishness". The exception would be with a vehicle/RV/appliance that has had a plethora of problems already. Thus the reason for waiting until the factory warranty is near expiration.
Tim (in NE Ohio)
"Okay, I admit it, the only thing I'm really good at is being me."
2006 Weekend Warrior FK1900 towed by 1998 Ford E150 4.6L
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Vulcaneer
Northern New England
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I bought one on my one year old used RV. Seven years coverage. Transferable and/or 50% rebatable. Added $6.00 to my monthly payment. Has already paid for itself twice over. Be sure to read the exclusion to see what it does NOT cover.
I never buy extended warranty's on anything, but did on this purchase. Never say never.
2006 F350 V10 4X4 SC SB SRW 4.30 22,500 GCWR
Keystone Sprinter 33'9" 12,500 GVWR
Pullrite Super Glide 18K
Super Duty, Super Cab, SuperGlide
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Yahooligan
Temecula, CA
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We, too, debated this add-on for a couple of days after buying our TT. In the end we did opt for it for a few reasons...
- It's an 8-year policy and covers the major non-structural parts (fridge, AC, multimedia systems, furnace, etc, etc), it covers the slide-out mechanism as well.
- It's transferable and the unused portion is refundable if we decide we don't want or need it anymore.
- It's cheap insurance. Basically $175/yr for peace of mind that we won't have to shell out thousands of dollars should a major appliance go out. Looking at the appliance warranties, most are only 1-2 years. The roof is a 12-year and the floor is lifetime on our TT.
I suppose you also have to consider your usage, people that don't use their RV very frequently (But do properly maintain it) shouldn't experience any issues for a number of years. Those that full-time or frequently use their RV should expect to have a higher number of incidents over the same time period. Everything has an average MTBF, the more you use it the quicker it will fail, generally speaking. Also take statistics into account, if something has an MTBF of 87600 hours (or 10 years) and there are an equal number of units in use (87600 units), the expectation is that, on average, one unit will fail every hour. Parts fail, you just have to determine if you'd rather assume the risk of having a part fail during ownership and pay for it yourself or if you'd rather pay for insurance to cover you should something fail.
Personally, $175/yr is a reasonable price to pay to not have to worry about dealing with a large, unexpected expense...generally those have a habit of coming along when you can least afford it. 
EDIT: Meant to type one failure every hour, not minute. Oops. 
* This post was
edited 11/14/09 11:16am by Yahooligan *
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Hogan & Clan
2005 Nissan Titan CC SE 4x4
2010 Keystone Hideout 31BHSWE
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