To Buy Extended Warranty Or Not To Buy

taureauJune 25, 2007

Extended Warranty. Do you purchase extended warranties or not? I don't buy the extended warranties, and now I have some support for my decision. The new consumer report said, a resounding "NO". The only exception is on the new rear projection TV. But it should never cost more than 20% of the purchase price. Just thought you'd want to know.

Ton ami, T

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sammy zone 7 Tulsa

We do for our vans. The monthly charge is easier to pay than the sudden huge cost. We don't on appliances, just the vans - 2 vans a large and a small.


    Bookmark   June 25, 2007 at 11:35PM
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meredith_e Z7b, Piedmont of NC, 1000' elevation

Hmmm, I always do. That said, MAN aren't the prices for them getting crazy now? For computers, I try to figure what all I could buy for the warranty cost and use that to decide.

I stumbled upon 'Square Trade' warranties for e-bay sellers. I buy a lot of computer parts on e-bay, new, through Square Trade sellers now. It's certainly a reasonable cost and contracted to cover a lot.

'Course I haven't had to use it yet... I only hope there isn't bizzarre small type that sticks it to the buyer. That's the other big problem with warranties, IMHO.

    Bookmark   June 26, 2007 at 9:43AM
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vjcamp(Z7 Euless, TX)

We have only bought them for Large Televisions. Didn't need one for the Car- we bought a KIA- great service and great warranty.

    Bookmark   June 26, 2007 at 7:57PM
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mjsee(Zone 7b, NC)

Bought one for my little Nikon...and it has already paid for itself. (Camera got dropped Christmas Morning and they gave me a NEW one on the 26th!)

We generally DON'T buy them for things that come with good cars and vans. Am considering buying one for the new washer and dryer when I get them...but must research more.


    Bookmark   June 27, 2007 at 11:08AM
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twohuskies(z4A Mpls, MN)

Well thank GOD I bought one on my new microwave last fall. The darn thing quit working and after 2 service calls last week Best Buy decided to replace it with a new one. I suppose technically it was still under manufacturer warranty but I've had really bad luck with microwaves so I figured it was worth the extra $$. Most of the time I don't buy an extended warranty though.

    Bookmark   June 27, 2007 at 12:21PM
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