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Posted by on September 30, 2006, 12:48 pm
This is a companion to my other thread about Kenmore vs. Whirlpool
washers, where I also posted this question:
What do the experts -- you out there who actually have hands-on
experience! -- think of the usefulness of extended warranties?
Thanks for your input.
Aspasia
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Posted by Frank on September 30, 2006, 1:06 pm
aspasia wrote:
> This is a companion to my other thread about Kenmore vs. Whirlpool
> washers, where I also posted this question:
>
>
> What do the experts -- you out there who actually have hands-on
> experience! -- think of the usefulness of extended warranties?
>
I don't buy extended warranties for anything. I consider myself, self
insured for these matters.
They are high profit items for the sellers. Why do you think they are
always bugging you to buy them?
Frank
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Posted by Dan_Musicant on September 30, 2006, 7:05 pm
:
:aspasia wrote:
:> This is a companion to my other thread about Kenmore vs. Whirlpool
:> washers, where I also posted this question:
:>
:>
:> What do the experts -- you out there who actually have hands-on
:> experience! -- think of the usefulness of extended warranties?
:>
:
:I don't buy extended warranties for anything. I consider myself, self
:insured for these matters.
:They are high profit items for the sellers. Why do you think they are
:always bugging you to buy them?
:Frank
Exactly.
Dan
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Posted by Bas Pluim on September 30, 2006, 2:15 pm
The only extended warranty I ever bought was for my HDTV. The warranty
included a free lamp replacement, which represented 70% of the cost. So that
seemed prudent, given the newness of the technology.
For items such as washers, dryers, ranges etc., those warranties are
generally a waste of money. I'd avoid them.
<aspasia> wrote in message
> What do the experts -- you out there who actually have hands-on
> experience! -- think of the usefulness of extended warranties?
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Posted by Joseph Meehan on September 30, 2006, 2:30 pm
aspasia wrote:
> This is a companion to my other thread about Kenmore vs. Whirlpool
> washers, where I also posted this question:
>
>
> What do the experts -- you out there who actually have hands-on
> experience! -- think of the usefulness of extended warranties?
>
> Thanks for your input.
>
> Aspasia
Consider this. Everyone wants to sell you an extended "warrantee". The
dealer and sales person get about 50% of what they charge you right off the
top. The other 50% goes to the insurance company. Yea, it is an insurance
company because it is not really a warrantee, just an insurance policy. Now
the insurance company takes are few more dollars out for their operating
expenses and profit. The little bet left is what they have to make good on
the policies. There are a lot of companies out there doing this and most
are making good money.
They know far better than you want is it going to cost them to cover the
insurance cost. Most of the money you spend on those goes into someone
else's pocket not back to customers. They are poor idea.
--
Joseph Meehan
Dia duit
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