Should you purchase or politely decline to buy the extended warranty that’s offered when checking out at an Apple Store or a Best Buy or when completing a purchase online at Amazon, NewEgg, or another electronics retailer?
Sadly, the short answer is, “It depends.”
Happily, we can help you with this often quick and always important decision by explaining the various types of extended warranties and their terms. We will also discuss the other three factors that go into deciding whether to accept or pass on an extended warranty:
- The price of the extended warranty compared to the price of the product for which you intend to purchase it.
- The reliability of the product you are purchasing and your expected usage model of it.
- Your tolerance for risk or, alternatively stated, your sensitivity to loss.
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What You Need To Know About Extended Warranties
Discussion in 'Notebook News and Reviews' started by Matthew Elliott, May 26, 2015.