Extended Warranties: NY Times Says Boo

Almost half of proofreader decide thatextended warrant were n’t for them , and they ’d be happy with the producer ’s limited warranty . Another 30 % say they do like warranty , but only for big purchases . What does the NYT say ? “ A sucker ’s bet . ”

https://gizmodo.com/the-truth-behind-extended-warranties-205442

Reader Patricia writes :

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I do n’t quite follow the math here : For example , a recent Consumer Reports resume find that only about 10 percent of digital cameras broke during their first five twelvemonth . For an extended warrantee to be valuable , it would have to cost much less than 10 percent of the leverage terms , since a camera with the same features will probably be much less by the time you need a switch . Yet a warrantee on a digital camera usually cost 15 percent to 20 percent of the purchase monetary value , Mr. Marks said .

I mean , a replacing for a busted photographic camera , no matter how much prices drop , is STILL going to cost more than 15 % of the original . So , would n’t a warranty save you $ ? Shit , I was an English / French fall John Major . What do I have intercourse .

We harmonise with Patricia , and 30 % of readers . Why ?

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Because although you ’re statistically not going to be in the 10 % of multitude , if something expensive does break , like that $ 5,000 Plasma TV , you ’re not go to want to shovel up another $ 5,000 for a new and improved one when the one you had was just fine . sure enough , do n’t grease one’s palms warranty on stuff you could open to replace ( like a $ 35 standard candle player ) , but on great expensive thing — for the public security of mind and for the accident prone — we’d commend getting them . Hell , we bid we got one on our Xbox 360s , which has a videodisc drive that ’s been giving us disc read wrongdoing .

The Word on Warranties : Do n’t Bother[NY Times ]

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