Where to Buy an RV Extended Warranty and Why is it Worth it?

Deciding where to purchase your RV can be a daunting task, but the good news is that you have multiple options! Your RV will be a significant investment, and it’s important to feel confident and comfortable in your decision. Whether you choose to buy from a dealership or a private party, protecting your investment should be a priority. Outlining your needs as a traveler will help you determine where to purchase your home-on-wheels and how to protect it as you embark on your adventures.

In this article, we will discuss the pros and cons of purchasing an RV through a dealership or a private party, as well as the warranties that can help you along the way.

Purchasing From a Dealership

Buying from a dealership can be an exciting experience, with rows of new and shiny rigs ready for your inspection. Here are some key points to consider when purchasing from a dealership:

Pros

1. Manufacturer’s Warranty: New RVs typically come with a one- or two-year manufacturer’s warranty. This can provide peace of mind, knowing that any initial issues will be covered.
2. Grace Period for Used RVs: Many dealerships offer a 30-day grace period for used RVs, allowing you to address any immediate repair needs.

Cons

1. Limited Warranty Duration: Manufacturer warranties are short-term. Once they expire, you need to ensure that your RV remains protected without incurring high costs.
2. Extended Warranty Options: Dealerships offer extended warranty contracts, but you can also purchase one through a reputable online broker. When choosing a warranty, consider whether it offers personalized coverage tailored to your travel needs and lifestyle.
3. Expertise of Sellers: Ensure that the dealership staff are knowledgeable about the warranty’s administrator, repair facilities, and obligor. You want assurance that post-purchase support is available.
4. Repair Facility Network: Check if the warranty allows you to take your RV to any licensed mechanic in the U.S. or Canada, or if you are restricted to certain dealerships or repair facilities. Roadside assistance is another important consideration.

Purchasing Through a Private Party

Buying a used RV from a private party can be more of a gamble, but it doesn’t always have to be risky. Here are some key points to consider:

Pros

1. Existing Repairs: The previous owner may have already addressed most repair issues.
2. Active Warranty: If the used RV comes with an active warranty, it has likely been well-maintained and inspected. This is like hitting the jackpot, as it means the RV has no preexisting conditions and is in good working order.

Cons

1. Potential Repair Costs: Older RVs are more susceptible to breakdowns. Statistics show that 3 out of 10 RVs need major repairs within their first two years, increasing to 8 out of 10 by the fifth year, and nearly every RV by the eighth year. Without an extended warranty, these repairs can be costly.
2. Limited Warranty Options: If the RV doesn’t come with an extended warranty, your only option for additional coverage will be through an online broker.

Selling Your RV Later

If you decide to sell your RV in the future, having an extended warranty can add value to your home-on-wheels. This tells potential buyers that the RV is in excellent condition and that they will be covered if any issues arise. When purchasing a warranty, ensure it can be transferred to the new owner. This process should be seamless, requiring just a small fee and a couple of signatures. A good online resource to buy, sell, or trade RVs is RVTrader.

You have several options when it comes to buying your RV and protecting it long-term. Purchasing from a dealership offers initial warranties and grace periods, while buying from a private party can be more affordable but riskier. Regardless of where you buy your RV, investing in an extended warranty early on can save you money and provide peace of mind.

To begin your journey, consider the tips above to understand the differences between private party and dealership RV purchases, along with the various ways you can protect your investment after securing your home-on-wheels. If you need more information or wish to get a personalized quote for an extended warranty, fill out the online form or contact a warranty specialist.