Snails - Response on Threads Part 8

AttyPops

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What is the educated decision?
When you shouldn't buy. Most expensive consumer products — refrigerators, washing machines, big-screen TVs and stereos, for example — are reliable and don't break down often, Sinha says. And if they do, it usually happens within the original warranty window.

People who buy extended warranties for refrigerators, which Sinha says rarely fail, are giving in to their emotional side. The 40 percent of refrigerator buyers who purchase an extended warranty aren't buying an insurance policy because they think the refrigerator will fail, they are buying one because they would feel foolish if the fridge breaks and they were left without coverage, he says.

"They're buying a policy to insure them against their own guilt in case the product fails," Sinha says.
http://money.usnews.com/money/perso...-should-and-shouldnt-buy-an-extended-warranty
 
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daleron

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    Dessert ...

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