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Trusted Contributor
mimomof4
Posts: 1,946
Registered: ‎03-08-2018

Re: Extended Warranty Cost

‎11-14-2022 10:37 AM

Chances are in 5 years who won't need to spend $2000 in any repair on those appliances.  Extended warranties are money makers for the stores selling them.  The sales person receives a commission on each one sold.  Big waste of money.

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Honored Contributor
drizzellla
Posts: 8,057
Registered: ‎03-14-2010

Re: Extended Warranty Cost

‎11-14-2022 10:48 AM

@Fressa wrote:

Desert Lily---I used to be a firm believer in extended warranties but not anymore. The appliances don't last like they did years ago. The average is 5 years. There are too many specifics in the warrranties that I've seen and it really limits your option should some repair be needed. 

I didin't even purchase the extended warranty on the last car that we purchased because it was just too much money.  


I wish I had not bought an extended warranty when I bought my last car.

 

I am still getting phone calls every few days on my cell phone and my landline about my warranty. And the car is almost 10 years old. I turn off my phone most of the time because of the endless calls.

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