Monday, April 17, 2006
Extended Warranties
Yes, extended warranties still do exist and are being sold by
electronic retailers.......I guess I can see buying one of these
policies if you are purchasing an item which is over $1,000 but
not on a set of walkie-talkies which are less than $100.....
Let's face it.....Everything manufactured has some sort of
manufacturer's' warranty in the first place......Three months
to a year in most cases......If you buy a $100 TV is it really
worth $50-75 to extend the original warranty an additional
year?......You never amortize that product cost at that rate.....
Beside I think it would be also nice to tell the salesperson, that
if he/she has such great faith in the product by selling it to
you than why does he/she need to sell you an extended
warranty?......Do they mean thanks for their sales commission
but you are lucky if the item lasts 18 months?.......Pumps
electronic retailers.......I guess I can see buying one of these
policies if you are purchasing an item which is over $1,000 but
not on a set of walkie-talkies which are less than $100.....
Let's face it.....Everything manufactured has some sort of
manufacturer's' warranty in the first place......Three months
to a year in most cases......If you buy a $100 TV is it really
worth $50-75 to extend the original warranty an additional
year?......You never amortize that product cost at that rate.....
Beside I think it would be also nice to tell the salesperson, that
if he/she has such great faith in the product by selling it to
you than why does he/she need to sell you an extended
warranty?......Do they mean thanks for their sales commission
but you are lucky if the item lasts 18 months?.......Pumps