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The main advantage to any extended warranty contract is that you can in effect place a cap on the amount of repair costs that you have associated with whatever you are insuring. So if the warranty costs you $1,000 and it runs for 3 years, you should not have more than $1,000 in major repair bills during that time if all goes as it should. Extended warranties usually do not cover normal wear and tear items, so you still will have to budget for that, but it’s main purpose is to insure against large unexpected repair bills. However, not all RV or motorhome extended warranties are the same and much depends on the company that issues the contract. If it is a solid, reputable company, the extended warranty can be a great thing to have. If the company is not reputable, it could be a huge waste of money.

This entry was posted on Monday, February 8th, 2010 at 1:50 pm and is filed under Autos. Both comments and pings are currently closed.