Extended service contracts

[lukethedrifter]

I hate the idea but got one anyway. In the last three weeks, it's covered $2700 of ac work. I guess it paid off.

[StL Dan]

SWEET!

[TimeForGuinness]

In the race to the bottom for quality...for larger purchases, why not?

[slide_into_first]

I give extended service to select participants, for free.

[jim]

I got it on my son's Macbook and it recently paid off - $300 worth of repairs for 0. My son recently bought an HDTV refurb, and he decided to pay the extended warranty. Funny thing is it complicated things when the TV went on the fritz at about the 80 day mark. Still under the warranty from Newegg, but not under the extended warranty. Newegg wanted the extended warranty to take care of it and vice versa. Eventually it was fixed, but he was without a TV for a few extra days while the confusion was all sorted out.

[tlombard]

There is a guy who contributes to Jalopnik.com who gives updates on the used Range Rover he bought form CarMax along with the extended warranty. That warranty is going to be well worth the money by the time it is done. He still has years left on it and is just about to the point where it has paid for itself already.

[Socnorb11]

They might work out from time to time, but in general they are obviously a bad investment.

[jim]

Insurance is a bad investment too. I don't do them often, but sometimes they make sense.