Extended RV Warranties

[sticks]

Have any Liberty owners taken up the Liberty service contracts they offered 6-7 months ago? You recall it was a VERY STIFF $12,000 or $13,000 large. Still can't wrap my mind around that figure. Sounds more like a hospital bill than an annual service charge.

[edsaylor]

Back when I had my car dealerships, extended warranties were one of the best profit centers. Few customers will have "covered repairs" during the warranty period that exceed the cost of the warranty. The warranty companies study very carefully what their probable failure cost will be, and charge more than that to cover their expense, plus what they pay to sell the warranty, plus make a very good profit. I never buy extended warranties as you will come out cheaper in the long run without one, most of the time. Also, usually everything is covered EXCEPT what needs repair.