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Old 01-09-2014, 01:07 PM   #1
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Extended warranty

While registering my a/c and refrigerator, I was offered the extended warranties for a nominal fee, what do other members decide on this? Thanks for your opinion.
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Old 01-09-2014, 01:39 PM   #2
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There seems to be almost an universal agreement that extended warranties are not worth it. In particular, Consumer Reports has come out against them. Then you will find someone who will rave about how much money they saved by having such insurance.

If you look at it from a micro side, some people benefit. I you you look at it from a macro side they are great money makers for the manufacturers.
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Old 01-09-2014, 01:42 PM   #3
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I went for them, for less than $250 I have peace of mind for 5 years on the a/c and refrigerator, just when things will start to break……I did not pursue the toilet extended warranty.
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Old 01-09-2014, 01:49 PM   #4
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Extended warranties often seem to cost as much as the original item. $250 seems like a pittance.....
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Old 01-09-2014, 01:52 PM   #5
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Yes, $146 for the refer and $96 for the a/c seems like a good price. Extends the original 2 years into 3 more, for a total of 5 years.
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Old 01-09-2014, 03:01 PM   #6
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I'm just happy to hear Jim likes BlackJack enough he's thinking he'll own it for 5 years
$250 does sound like a pretty good deal even tho' I usually don't buy the extended warranty when its offered.
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Old 01-09-2014, 04:32 PM   #7
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Jim, but what happens when Reace comes out with a 23' in a couple of years?
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Old 01-09-2014, 09:31 PM   #8
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[QUOTE=paulw;41650]I'm just happy to hear Jim likes BlackJack enough he's thinking he'll own it for 5 years

As one (of many, I'm sure!) that has followed Jim's travel trailer upgrade-itis...this thought was going thru my mind also.

Are we witnessing the end of an era?;:
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Old 01-09-2014, 09:47 PM   #9
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Quote:
Originally Posted by paulw View Post
I'm just happy to hear Jim likes BlackJack enough he's thinking he'll own it for 5 years
Are these warranties transferable to a subsequent owner?
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Old 06-20-2015, 12:19 PM   #10
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Has anyone got the Good Sam extended trailer warranty? I am looking at it for the new TA and I am not sure it is a good investment.
The refrigerator I am replacing in the classic cost $1000 + labor. If I had the insurance now, the repair would have cost me $570 for the year + $200 deductible. So I would save $230 + labor. The wheel bearings I replaced last month would have cost me $200 and saved $37.
The $200 deductible on the new TA is $752/year if I get it now, but components are all covered for the first year or two. So I guess what I am asking: Is it better to self-insure? Does it make sense to buy the insurance after the component warranties have expired?
Any thoughts are welcome.
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Old 06-20-2015, 02:04 PM   #11
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Had a store try to sell me a warranty for a $1.79 audio cord. I said no, as I've said to all extended warranties.
The Applecare for this Mac would have cost me almost $300. I've had one repair at a cost of $100 ( Applecare would have expired by now ).
It is unlikely you will have to replace the fridge again for a very long time. If you maintain the bearings, you won't need to replace them either ( mine are original to the trailer and 7 years old ).
Extended warranty works for Sam.
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Old 06-20-2015, 02:42 PM   #12
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CaptMath,
I find the GS extended warranty may be good for a motorized rv but the cost is high for a tow behind. ETI covers the trailer for 2 years and you can get extended on the refer/furnace/a/c for less than the premium. Wheel bearings, brakes, tires are normal wear and tear items.
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Old 06-20-2015, 02:57 PM   #13
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Had my last trailer for 8 years, not half as well built as the Escape. In that time, other then yearly maintenance issues and not including the roof leak that took out the floor, I only had my converter go bad. Cost about $200 to self replace. For $752/year I'd self insure.

The floor would have run about $3k to replace, I did it myself for $400 and 3 weeks worth of time. Even had I paid $3k, I would have come out ahead using your insurance figure.
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Old 06-21-2015, 10:57 AM   #14
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Thank you. I will put the $ into my emergency account instead.
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