for 13 years, i worked as an attorney and manager for the u.s. federal trade commission. one of the most frequent questions our paralegals received was: "are extended warranties worth buying"? the standard answer was: "no, unless they are offered directly by the manufacturer." still true. as others have said, they are really disguised extra profit margins. just like "credit life" policies offered by mortgage companies. -cfb
Extended Warrenty???
I recently puchased a 65" Mitsubishi big sceen TV. The dealer was really pushing the extended warrenty (5 years for about $350). Are these necessary? Helpful? Do you really need to clean/realine these every year? Any thoughts would be appreciated as I can still get in on it before the TV is delivered. Thanks!
- ...
- 23 posts total
- 23 posts total