Quote:
Originally Posted by dames7
You are probably right, as a Disabled Veteran the USA is a non-profit organization
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1st, thank you for your service. I have stood in awe of our military my entire life. No intention to offend.
As a retired automobile dealer I just get a little frustrated with so many people believing that dealers somehow either make outrageous profits or don't deserve to make a profit. Many have invested millions of dollars in facilities, equipment, training and personnel. They donate large amounts to charitable organizations, support the USO and other military support organizations, Little League teams, Pop Warner teams, schools, etc. and pay hefty corporate income taxes, plus they hire a lot of veterans.
The average dealer makes between a 2% and 4% net profit on sales. Not what one might call exorbitant. Many have EARNED a bad reputation and stained the reputation of the industry, even for good ones, I admit. But most work hard everyday trying to satisfy their customers. As customers we want them around when we need service and support. It takes profits to sustain a business and reinvest in training, equipment and new technology. An extended service plan is nothing more than an insurance policy. If something bad happens it pays for the repair and you have little or no out of pocket expense. I've had home insurance for 40 years and never made a claim. Can't imagine how much money they have made on me but I wouldn't own a home without it.
Extended Service Plans are not for everyone for sure, including me in most cases. Each person much determine their risk tolerance and financial situation. They work for a lot of people...I've seen it many times. Some people never use them. There is no right or wrong choice here.
warranty
these products are offered for the many reasons that have been covered but no one has said to help the customer.......If there is a major repair after you buy it and you were not offered a warranty would you be mad if you found out others were offered and you were not? and all who say absolutely do not buy them do not know your situation so here goes. First of all extended warranties are used every day and all that have them are happy that they do when they use them. Not all get to use them and so it's just like all insurance it's great when you need it. And yes if you consider it understand the term you are buying along with the deductible and the coverage. You also have to ask yourself if you can handle a major unexpected repair in your budget. Sometimes it's easier to pay up front a little at a time. No, I did not purchase this product because I did not see the VALUE for the PRICE in my situation. As far as the interior and exterior coatings I did purchase the interior side for the mold coverage and know that claims are made and paid all the time. I am quite meticulous about keeping my trailer clean so did not do the outside. Oh and yes the dealer will make a profit when they sell you these products... but when anything is sold there is a profit
. What ever choice you make it will be the best for you in your situation. Enjoy the experience and your new Airstream.
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