Quote:
Originally Posted by MsCG1
No, I don't think so. At least not in all cases. You're paying for insurance and peace of mind, and it's worth it to some people.
Now. If I'd known that a few months after I bought my $250 Nook that the price would drop to $139, or I would regularly be able to purchase a refurb of some sort for well under $100 at any given time, then no, I wouldn't have bought the extended warranty.
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But that's they way of tech - by the time something breaks, it's cheaper to replace it.
Extended warranties are nearly pure profit for Best Buy and their ilk - that's why they push them so hard. The odds of them having to provide the service before the contract runs out is so small as to be negligible.
If money buys you peace of mind, then that's your choice - but it really is a very poor financial decision. If something is going to go wrong, it's far more likely to happen within the original warranty period.