Warranty Make
Warranty Make
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 Yorkville YX215 Full Warranty Make an Offer Auth Dealer $469.00 Time Remaining: 19d 2h 44m Buy It Now for only: $469.00 |
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2-Year SquareTrade Warranty plus Accident Protection for Kindle Fire, US customers only List Price: $44.99 Sale Price: $44.99  |
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SanDisk microSD and microSDHC 1 GB*, 2 GB, 4 GB, 8 GB, 16 GB and 32 GB mobile memory cards are the best and most popular way to carry your music, videos, photos, games, files and applications on your mobile phone... |
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The world's most popular portable gaming device is even more fun. Now available in black and white, iPod touch includes iOS 5 with over 200 new features, like iMessage, Notification Center, and Twitter integration... |
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White USB Cable Power Adapter (Wall Charger Adaptor with fixed blades) for Apple iPod, iPhone, iPhone 3G, iPhone 4,Touch, Shuffle, Nano, Classic List Price: $29.99 Sale Price: $0.01 Used From: $0.01 |
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Battery Charger power supply for Apple iPod/ iPhone/ iPhone 3G /iPhone 4 all models!. Apple A1265 battery charger is designed built specifically for your Apple iPod/ iPhone/ iPhone 3G / iPhone 4 all models... |
Extended Warranties - Worth the Money?
Extended warranties-are they worth the cost? Like most insurance policies, extended warranties are a guard against risk: the risk of premature failure/breakdown of the product being warranted. They are frequently offered on new and used cars, appliances, electronics, and other household goods.
Extended warranties are a common source of profits for the makers of these products. There are also a number of third parties who offer extended warranties, especially on vehicles that are reaching the end of the original manufacturer’s warranty.
Consumer Reports did a study of extended warranties several years ago, concluding, in general, that extended warranties were not a good buy-the amount of money saved, on average, was not worth the cost.
However the extended warranty, for many people, is not just about money, it is a source of comfort or peace of mind.
The extended warranty products offered frequently have a better profit margin built in, than the profit from selling the product in the first place.
These days most auto profit margins are extremely thin, so extended warranties are pushed to give dealers a little more profit per vehicle.
The majority of buyers of new cars, so far in 2009, have actually purchased extended warranties suggesting consumer unease about their own abilities to finance repairs in the next few years.
Many extended warranties on consumer electronics cost anywhere from 20-70% of the original cost. Many consumer experts do recommend purchasing warranties on products whose use may be above average or known to have a more unreliable lifespan.
In summary extended warranties are not recommended unless you:
- Will sleep better at night.
- High use item that might require more frequent replacement/repair.
- Need confidence of a quick replacement and have no reserve savings.
If you do purchase an extended warranty, make sure you read all the fine print, including information such as deductibles and exclusions that may make the warranty worthless to you.
About the Author
Dr. Dean is an established and successful OBGYN, and professional author. He can be reached at Info@TheMillionaireNurse.com or 229.220.0339 http://www.themillionairenurse.com