Comments on: Spending on Warranty to Save Money http://www.askmrcreditcard.com/creditcardblog/spending-on-warranty-to-save-money/ Latest Credit Card News, Reviews and Information Fri, 05 Dec 2008 15:16:31 +0000 http://wordpress.org/?v=2.6.5 By: Tim http://www.askmrcreditcard.com/creditcardblog/spending-on-warranty-to-save-money/#comment-2873 Tim Fri, 16 Mar 2007 17:37:08 +0000 http://askmrcreditcard.com/creditcardblog/spending-on-warranty-to-save-money/#comment-2873 i completely disagree. although you have used the ext. warranty, for the majority you will never need to use them. these warranties are largely a waste of money. the stores know this and that is why they push them hard. they are a stores big money maker. plus, not all store extended warranties are the same, so read the fine print. you might have to endure bringing it back several times before getting a replacement. i do recommend, however, ext warranties on computers simply b/c of the depreciation on computers and the cheap cost of getting ext warranties in relationship to replacing a computer. you should have checked with your credit card company (if you had purchased the tv on credit card) to see about their extended warranty policies. at two years, i figure that your credit card company would have covered it. this also leads to another point. There are plenty of electronics and appliances out there that may cost a little more but have longer warranty periods. Instead of buying an extended warranty, get the better thing with the already included longer warranty. i completely disagree. although you have used the ext. warranty, for the majority you will never need to use them. these warranties are largely a waste of money. the stores know this and that is why they push them hard. they are a stores big money maker. plus, not all store extended warranties are the same, so read the fine print. you might have to endure bringing it back several times before getting a replacement.

i do recommend, however, ext warranties on computers simply b/c of the depreciation on computers and the cheap cost of getting ext warranties in relationship to replacing a computer.

you should have checked with your credit card company (if you had purchased the tv on credit card) to see about their extended warranty policies. at two years, i figure that your credit card company would have covered it.

this also leads to another point. There are plenty of electronics and appliances out there that may cost a little more but have longer warranty periods. Instead of buying an extended warranty, get the better thing with the already included longer warranty.

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