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Old 09-19-2010, 09:43 AM   #1
ken0042
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Default (Another) Extended Warranty Thread

As some of you may recall from my previous thread, I was looking at travel trailers. Well I ended up buying this one. I pick it up in 2 weeks.

I was in yesterday to take care of the paperwork and of course the question of extended warranty comes up. Now I know that warranties are a cash grab for the dealer; and in previous threads I have stated my view of the warranties being like an insurance policy for repairs you cannot afford. And if you use it- you always end up saying "see- it was worth it."

The problem for me is I have no basis for determining how much I might use a warranty. Unlike a car where I know how much repairs cost, or electronics where I also have a good idea of failure rate; I have no such frame of reference here. I also have their brochure which sounds like it covers a lot- but who knows what exclusions it will have.

A few quick figures:
- The trailer was around $13K and the warranty will be $1800.
- The warranty is offerred through First Canadian
- The trailer comes with a 1 year warranty; and the extended warranty give an additional 6 years; for a total of 7 years coverage.
- I figure the trailer will see about 4 to 6 camping trips per year; with the furthest trip being 800 km round trip. Most trips would be closer to 300-400 round trip.
- The insurance carries a $50 deductable; which my dealer says they waive if I bring it to them for service.

The big question; for those of you with trailers- what has you experience with service been? Have you had service in the first 7 years? What did things cost?

Thanks everybody!
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