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One of North America's largest RV manufacturers goes under. What does it mean for current and prospective owners?
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Lots of owners are left stranded with 2 and 6 year warranties which cannot be honored now that Erwin Hymer Group North America (EHGNA) is bankrupt. While the is some hope that a buyer can be found to rescue the Roadtrek brand the reality is that in no scenario will current warranties be picked up. So where does this leave current and prospective buyers who wish to cash in on the deep discounts they're seeing right now on dealer lots?
In this video I break down the RV's parts, components and appliances into 3 groups: those with their own warranties; those that could be covered under an extended warranty and have readily available off-the-shelf replacements and those that are proprietary and custom built and which would not be easily replaced.
Using this method, current and would-be buyers can make their own decisions as to whether they should purchase an extended warranty or purchase existing inventory based on their individual comfort levels. There are pros and cons to purchasing an EHGNA product today at a steep discount. And, the situation isn't completely dire. As always, caveat emptor and knowledge is your friend.
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