Quote:
Originally posted by hulkrogan@Oct 7 2005, 12:28 AM
I still argue that the average person will come out way ahead by never purchasing an extended warranty.
Every fee that you pay for an extended warranty has to cover the following for the warranty company:
1. The cost of the average repair for the device you are buying
2. Commision for the salesperson who conned you into the warranty
3. Overhead for running a company. Office space, employees, utilities etc
4. Profit
What do you get if your device breaks? Just #1
I'll never buy one, and I'm sure I'll come out far ahead in the end.
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In this particular case, the warranty was 100 bucks for 3 years.
Im WAY further ahead.