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Old 01-08-2017, 06:39 AM   #1
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Storage Insurance?

My 17B will hatch Feb 7. I received my paperwork (bill of sale, registration info, etc) and it was mentioned that if I didn't pick up at completion, I would have to get and pay for storage insurance. I know the cost will be different between insurance companies, but can anyone give me a ballpark figure as to what it will cost?

I'm also a bit confused as to when final payment is due - I have a previous email that says payment is due within a month of completion. The latest paperwork says "at the time of completion" in one spot, and then it also says "payment is now due"?? Guess an email to ETI is in order...
Brenda
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Old 01-08-2017, 07:15 AM   #2
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And inquiry to your insurance company and Escape will clear it up without hordes of speculation from the masses here, Brenda. I know my brother is paying for storage insurance, I could ask him. I know after a couple months or so, he does have to pay them a storage fee.

edit: Just sent him a text.

2nd edit: His response was "Need to get on that"
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Old 01-08-2017, 01:18 PM   #3
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Originally Posted by blhvet View Post
My 17B will hatch Feb 7. I received my paperwork (bill of sale, registration info, etc) and it was mentioned that if I didn't pick up at completion, I would have to get and pay for storage insurance. I know the cost will be different between insurance companies, but can anyone give me a ballpark figure as to what it will cost?

I'm also a bit confused as to when final payment is due - I have a previous email that says payment is due within a month of completion. The latest paperwork says "at the time of completion" in one spot, and then it also says "payment is now due"?? Guess an email to ETI is in order...
Brenda
You have it there, "at the time of completion." That is what they have always said. You have a specific completion date, as does everyone. You can give them a call or e-mail and they will tell you.

The insurance companies are all different so you would have to call on your dates and specific model trailer.
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Old 01-08-2017, 01:32 PM   #4
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Speaking with Tammy at ETI on the phone last week, she told me that the final payment is due 30 days before your orientation and pickup, so that if that is a few weeks after your completion date, your payment would not be due until after the completion date, just 30 days before delivery. Sounds like some different answers, but that was three days ago and I don't think I misunderstood.
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Old 01-08-2017, 03:59 PM   #5
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There is no way that I would want to pay in full before seeing and inspecting the trailer. That is my opinion and I know others will not hand over a check, or the final one, until a trailer is seen and inspected. That said, we did pick up on our completion date. Of course, if you are not going to pick-up until after completion, that is another situation to deal with.

Most people, I gather, are paying most of the cost before pick-up but some have even shown up and paid the whole thing on the completion date (except deposit.) Don't know if anyone has done that lately.
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Old 01-08-2017, 04:22 PM   #6
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My first two Escapes were paid in full and delivered, naturally sight unseen. I'd do it again.....never had any problems that could not be fixed. With the exchange rate fluctuating it makes sense to pay as much early before the rate changes, like buying on sale.
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Old 01-08-2017, 04:53 PM   #7
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There is no way that I would want to pay in full before seeing and inspecting the trailer. That is my opinion and I know others will not hand over a check, or the final one, until a trailer is seen and inspected.
The problem is you are dealing with a company in a foreign country and there's also foreign banking standards. Although a lot of us think of Reace and Tammy as family, they are protecting their business.

Remember, you get all the paperwork showing ownership of a trailer when you pick it up. If you go to you bank and ask, how long can it be on a written and cashed check for me to "stop payment." You might be surprised. You get the paperwork to the trailer, drive across the border, then stop payment. ETI gets screwed. There are valid reasons for their policy regarding paying for a trailer.

BTW, anyone try to stop payment on a check under the circumstances I've described... the entire active membership of this forum will be looking for you and you cannot hide!
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Old 01-08-2017, 05:06 PM   #8
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BTW, anyone try to stop payment on a check under the circumstances I've described... the entire active membership of this forum will be looking for you and you cannot hide!
They could run but could not
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Old 01-08-2017, 05:07 PM   #9
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I believe that they already specify that you need to pay on pick-up with cashier's checks or similar, do they not? That is what we used. Can't expect them to usually take a personal check even though you may have used one.
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Old 01-08-2017, 05:20 PM   #10
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BTW, anyone try to stop payment on a check under the circumstances I've described... the entire active membership of this forum will be looking for you and you cannot hide!
You want maybe I dust off my baseball bat, Donna.
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