After putting the kind of time, money, and effort that it takes to buy and care for an RV, you want it to be able to give you and your family years of great memories. But no matter how much time you put into your camper, you’ll probably run into some sort of major issue fairly quickly. After all, RVs are big and have a lot of moving parts, so there’s ample opportunity for something to go wrong.
One way to help alleviate this stress is to invest in a warranty when you get your RV. Warranties can offer you a lot of benefits, but they will cost extra, so you’ll need to decide if you want to spend that extra money. Your local RV dealer, Ryan’s RV Town, has provided some important information for making the right decision, but we can also talk to you in person if you visit our location near Seattle and Tacoma, Washington, so stop by today!
Do You Need One?
The first step isn’t deciding which warranty you need, but rather whether or not you need a warranty at all. Warranties aren’t mandatory and, as we mentioned, they cost extra. But for many RV owners, this extra spending is well worth it. Warranties are designed to cover major repairs that happen within the first year or more of ownership. Even if you’re buying a new RV, you probably don’t want to assume you won’t have to worry about serious issues. In fact, around 80% of all RV owners need to perform major repairs to their rig within the first five years of ownership.
If you try to pay for that all on your own, you can easily receive a bill that runs at a rate of $300 per hour between labor costs and parts. Throw that on top of monthly financing payments and you’ll start to feel the pressure. A warranty can help cover at least part of the maintenance costs, if not all of it, so the little bit of extra spending initially can go a long way.
Types of Warranties
Next, you’ll want to know that not all warranties are the same. Not everyone wants to pay for the same thing or needs the same coverage, and while there are lots of warranties that are customizable, there are certain, more popular warranty types that you’ll encounter. One of the more commonly used warranties is manufacturer warranties. The benefit of these are that they’re already designed to fit the RV model you’re buying so there’s less negotiation.
You’ll probably either choose from exclusionary warranties and component warranties. Exclusionary warranties cover everything the manufacturer made, which includes the chassis, much of the interior, and the engine if you have one (they commonly do not cover things like appliances from third parties). Component warranties cover a more specific list of parts, like just the frame or just the engine parts. The benefit here is that they often last longer than exclusionary warranties, even up to ten years.
You don’t have to go through the manufacturer though. There are third party warranties you can look at, which is often where you find the extended warranties that can cover you for much longer than the standard year or two. You’ll need to do a little more legwork to match the RV to the coverage, but many owners prefer these warranty types over the easier, manufacturer route.
No matter what you choose, you’ll want to make sure you understand your warranty and how it’s going to work on top of what it’s going to cover. We recommend talking to a professional who can help interpret the fine print. But before you can talk warranties, you’ll need an RV! Stop by Ryan’s RV Town to check out the RVs for sale near Seattle and Tacoma, WA, and we’ll chat with you about our own RV buying experiences and answer all your RV-related questions.