There are many benefits to purchasing a warranty for your RV and there are different types of warranties that you can choose. Rodney Wiens, a Business Manager at Guarantee RV, suggests that purchasing a warranty is the most economical choice. “Adding warranty could potentially save you a large amount of money for repairs including parts and labour. There are different warranties available to cover both the “Chassis” on Motorhomes as well as the “Coach” components. Coach coverage is also available for Travel Trailers and Fifth Wheels.”
There are different levels of pricing for purchasing a warranty and they vary with a spectrum of products. For example, a warranty is different in cost and parameters for Diesel Pushers compared to a Travel Trailer or Fifth Wheel. “Warranties do vary in price depending on the unit and the term. When the specific unit is determined for a customer, then a price on a warranty can be calculated. Calculations are based on type of desired coverage, size of trailer, type of trailer, length of coverage, new or used, gas or diesel, Coach or Powertrain or both, new or pre-owned, current manufacturer’s warranty on the unit, etc.,” explains Rodney.
As far as there being any limitation to implied warranties, “Certain warranties cover specific items. Once the specific unit to purchase is determined, then we would go over the details of the warranty for that unit with the customer,” says Rodney.
Each manufacturer has different warranties for their RV products whether it be a Class A, B, C, Travel Trailer, or Fifth Wheel. “Most Travel Trailers, Fifth Wheels, and Coach sections of a Motorhome have a 1 year manufacturer’s warranty. The Chassis portion of Motorhomes may be longer depending on the unit.” There are certain aspects of an RV that warranties cover. “Parts and labour for either the Coach (interior) or Chassis engine and transmission excluding naturally wearable and trim items. Wearables are items that wear naturally such as windshield wiper blades and trim items are things such as a cupboard door,” continues Rodney. Most customers are aware that warranties don’t cover wearable or trim items.
When RVers purchase a new RV but decide not to get an extended warranty, some unexpected and unwanted costs may become a financial burden if an emergency occurs. “The result may be very high service bills in the shop that cannot be budgeted for in a finance plan or planned for ahead of time while guarding against rising labour and parts costs annually,” cautions Rodney. Many customers who have not purchased a warranty after buying a new unit wished in hindsight they had done so. Rodney admits, “We hear this often as most customers say one of two things: either, ‘I’m glad I did’ or ‘I wish I had.’”
Dave Green, Parts and Service Manager at Guarantee RV, agrees with Rodney and says that in all the years that he has been a manager, the cost of purchasing a warranty is far better than not purchasing one. “While most manufacturers have only 1 and 2 year warranties, an extended warranty can be very beneficial. If the fridge fails and the cooling unit has to be replaced, the customer could be looking at a bill of $1,800 and higher to replace. In other cases when a Chassis warranty is purchased, engine components can be very expensive. A deductible is a small price to pay for coverage.” The benefit of having an extended warranty is that “once the manufacturer’s warranty expires, you still have additional coverage.”
There are extended warranties that RVers can purchase for a different length of time. Each manufacturer sets different time frames for their warranties so when looking at a selection of RVs, it would be wise to also investigate the types of extended warranties offered for each selection. “Time frames vary from the manufacturer’s 1 year warranty up to 7 years in total with extending the warranty. There are different levels depending on the model and unit purchased that vary in years with no general average as each model is very different from the other,” explains Rodney.
RVers should also be aware that a repair or replacement can be rejected after purchasing a warranty and for specific reasons. “Warranties are normally purchased at the time the customer buys the RV. A covered warranty item would only be rejected for lack of required maintenance or abuse of a unit,” adds Rodney. Although unsure as to the percentage of people who purchase a warranty for an RV versus those who do not, “the majority of our customers and certainly people who are not first time RVers most always purchase an extended warranty.”
As RVers, it’s important to have peace of mind when traveling on vast stretches of land. Anything can happen to your RV after you buy it so it’s a good judgement call and your best option to purchase an extended warranty for your RV. After speaking to customers who have purchased RVs from Guarantee RV, Parts and Service Manager Dave Green and Business Manager Rodney Wiens agree that including an extended warranty with a purchase is a wise decision for peace of mind, and the pocketbook.