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Respected Contributor
Posts: 4,626
Registered: ‎03-09-2010

We buy them and they're sometimes worth it.  However 3-yr warranties at Lowes are really only 2-yr warranties.  You get the first year from the manufacturer included in the price of the appliance. 

Respected Contributor
Posts: 4,516
Registered: ‎03-10-2010

It all depends on what the appliance is, sometimes I get them.  Appliances don't last like they used to, I'm told 7 years is the life span of a appliance now.  I watch for a good sale when I do buy an appliance and I try to decide how much I'll spend on a certain appliance and I won't go over that amount, due to the fact that they don't make them to last.  A friend of mine bought a zub zero refrigerator and paid $10,000 for it and it last 10 years, so whether's it's a really expensive upgraded appliance or not, they don't seem to make them to last, so if you want that high end appliance, understand that.  I was pricing dishwashers when my last one went and everyone says Bosch is the best and it's quiet but I didn't want to spend that much money, I got a really nice Fridgeadare dishwasher for $500 and it's as quiet as can be and cleans my dishes just fine.  I didn't buy the extended warranty.

Respected Contributor
Posts: 4,573
Registered: ‎03-28-2010

I've heard that you shouldn't buy extended warranties.  That it's just a way for them to make extra money and not worth it in the long run.  Whether it's true or not, I don't know.  We don't buy them.  I know in my experiences, if a problem does occur it's always AFTER the warranty expires.

P.S.  I do buy extended warranties when buying a new car though.

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Honored Contributor
Posts: 17,681
Registered: ‎03-09-2010

@FranandZoewrote:

We buy them and they're sometimes worth it.  However 3-yr warranties at Lowes are really only 2-yr warranties.  You get the first year from the manufacturer included in the price of the appliance. 


Hi @FranandZoe-

Actually, my 3 year extended warranty was 3 years in addition to the first year by the manufacturer.

So it is 4 years warrantied.

I got my washer/dryer 4 years ago and the warranties (manufactureer and Lowes extended 3 year) just ended 4 years after buying it.

"If you walk the footsteps of a stranger, you'll learn things you never knew. Can you sing with all the voices of the mountains? can you paint with all the colors of the wind?"
Honored Contributor
Posts: 9,312
Registered: ‎05-15-2014

No, I wouldn't waste the money on extended warranties.   I'd rather wait and take the chance as most issues will occur when the warranty has expired!  Waste of money IMO.

It's just a money maker for the company.

Esteemed Contributor
Posts: 7,444
Registered: ‎10-21-2010

Our Samsung refrigerator ice maker wenf out right after the one year warranty was up. Good thing my dad got them to replace the ice maker because they had a recall on that model and has lots of problems. But we had no extended warranty and it would of cost a fortune to fix.

Trusted Contributor
Posts: 1,693
Registered: ‎03-09-2010
Trusted Contributor
Posts: 1,478
Registered: ‎03-21-2010

If you pay with a credit card, additional warranties are sometimes included.  Call your credit card issuer and ask or check their benefits on line, also price match is a seldom used benefit.

Esteemed Contributor
Posts: 5,929
Registered: ‎03-20-2012

I don't buy extended warranties on anything anymore.  It's too costly.  Nothing is made to last anymore and when I compared the cost of the extended warrenty with the cost of a new "whatever or the repair" it just didn't seem to be a savings to me. I have also noticed that some extended warranties have quite a fw exceptions in them as to what is covered and what is not. I really dislike the hassel ignoring the fact that you are without the use of the appliance or whatever.

Honored Contributor
Posts: 25,929
Registered: ‎03-09-2010

Depends upon price of warranty vs price of the item. usually I buy the warranties on cell phones & computers - have used them more than once.