|
Extended Warranty |
Post Reply 
|
| Author |
 Share Topic Printable Version Google Delicious Digg StumbleUpon Windows Live Yahoo Bookmarks reddit Facebook MySpace Newsvine Furl Topic Search  Topic Options
|
Rp0d#3l0ver 
Newbie 
Joined: 08 Mar 2022 Online Status: Offline Posts: 5 |
 Post Options
 Quote Reply
 Topic: Extended WarrantyPosted: 08 Mar 2022 at 8:06pm |
|
Does anyone have any thoughts on purchasing the extended warranty before your first year warranty expires? Wondering if it is worth the cost and if anyone has purchased it and had to use it?
|
|
 |
|
|
Olddawgsrule
Senior Member 
Joined: 20 Sep 2017 Location: New Hampshire Online Status: Offline Posts: 1014 |
Post Options
Quote Reply
Posted: 09 Mar 2022 at 6:17am |
|
One of the few products I say yes to the extended warranty! And yes I had to use it!
|
|
|
|
|
Rp0d#3l0ver
Newbie
Joined: 08 Mar 2022 Online Status: Offline Posts: 5 |
Post Options
Quote Reply
Posted: 09 Mar 2022 at 6:36am |
|
Thank you for your input!
|
|
|
|
|
jato
Senior Member
Joined: 23 Feb 2012 Location: Kewadin, MI Online Status: Offline Posts: 3224 |
Post Options
Quote Reply
Posted: 09 Mar 2022 at 8:29am |
|
We purchased our 177 back in January 2011, opted for no warranty and were not disappointed with the decision. It has been my habit from day one - no warranty or extended protection program. This has included everything from auto, appliances, cell phones, computers, anything electronic, snow thrower, lawn mower, rototillers, furnaces, air conditioners, everything for over 40 years - this has been followed. Never been disappointed with that decision. Take that money that you save from the warranty and invest it, you will be way ahead in the end.
|
|
|
God's pod
'11 model 177 '17 Ford F-150 4WD 3.5 Ecoboost Jim and Diane by beautiful Torch Lake "...and you will know the Truth and the Truth will set you free." |
|
|
|
|
lostagain
Senior Member
Joined: 06 Sep 2016 Location: Quaker Hill, CT Online Status: Offline Posts: 2587 |
Post Options
Quote Reply
Posted: 09 Mar 2022 at 9:14am |
|
Essentially all extended warranties are a form of insurance or risk transfer. The person who takes the risk needs to make a profit, thus, in the grand scheme of things, the cost of that insurance includes the cost of fixing the insured losses, administration of the claims system, marketing the insurance, and profit for the person/company taking on the risk. All of this costs more than simply fixing something yourself. The tradeoff is gambling that you'll be the one who needs the repairs rather than the person who pays and pays, but never collects.
Personally, I rarely buy any form of extended warranty, because I figure it's cheaper to self insure in the long run. There are some instances where I have opted to buy an extended warranty, but it did not include our travel trailer. Most of the stuff that breaks on the travel trailer I can fix myself and the cost of the insurance far exceeds the risk for the cost of parts and the value of a retired geezer's labor. On the other hand, I bought the Ford extended warranty for our F-150 because I'm not really able to fix serious stuff with it and the parts alone pose a very substantial risk that I don't want to take. A computer board, for example, can cost as much as the total price for the warranty insurance. For those who have the means to pay for extended warranty insurance and don't want to or can't fix their own travel trailers, purchasing such a policy may be a very good idea. For those who lack the resources to pay and can fix it themselves, extended warranties may be a big waste of money. It's all a matter of gambling with what can happen and what risk you can accept.
|
|
|
Never leave footprints behind.
Fred & Maria Kearney Sonoma 167RB Our Pod 172 2019 Ford F-150 4x4 2.7 EcoBoost |
|
|
|
|
Rp0d#3l0ver
Newbie
Joined: 08 Mar 2022 Online Status: Offline Posts: 5 |
Post Options
Quote Reply
Posted: 09 Mar 2022 at 3:53pm |
|
Thank you for taking the time to respond...it is much appreciated.
|
|
|
|
|
Blue Ridge
Newbie
Joined: 25 Sep 2019 Location: NOVA Online Status: Offline Posts: 7 |
Post Options
Quote Reply
Posted: 15 Mar 2022 at 11:35am |
|
I ask exactly what was covered in the one I was offered and it did not cover any of the structural components only the components that were covered by their own OEM warrantys. Save your money for other up grades ie: mattress, solar, etc.
|
|
|
|
|
offgrid
Senior Member
Joined: 23 Jul 2018 Online Status: Offline Posts: 5290 |
Post Options
Quote Reply
Posted: 16 Mar 2022 at 5:42am |
|
I think LA has it right, on average you will always lose on any insurance because the insurer has to make a profit.
The exceptions are subsidized insurances like flood and some medical. So I also only carry insurance that is subsidized, legally required, or for risks that I don't have the resources to cover on my own. Medical being the primary one, the horrendous costs for that can bankrupt an average person in just a few days. Trailers are dirt cheap and easy to fix in comparison to the human body. |
|
|
1994 Chinook Concourse
1995 RV6A Experimental Aircraft 2015 Rpod 179 - sold |
|
|
|
|
Rp0d#3l0ver
Newbie
Joined: 08 Mar 2022 Online Status: Offline Posts: 5 |
Post Options
Quote Reply
Posted: 16 Mar 2022 at 6:10am |
|
Thank you everyone for your replies.
|
|
|
|
|
Post Reply
|
| Forum Jump | Forum Permissions You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum |
