And they have been a VERY good deal for me when I've chosen one:
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Originally Posted by murraypaul
Financially, they are still a very good deal for the companies selling them, and therefore must be a bad deal (purely financially) for those buying them.
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For sure, they have:
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The products may have become more likely to break, but that in case the prices charged for the insurance will also have risen.
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And the extended warranty prices are STILL low and attractive OR they would not be bought by me at all.
I showed very clearly above how financially these have benefitted me:
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And that is a perfectly good reason to buy them, just note a purely financial one.
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BOTH for small electronic goods AND other things.
That you have strong, personal feelings about this subject does not diminish how these things have paid out for me, personally.
100% agreed:
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Peace of mind is something that has to be valued by each person individually, and can't be reduced to a simple dollar figure.
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And for this $-poor old guy peace of mind INCLUDES knowing that reading for pleasure and enrichment (which has been a BIG part of my daily life for almost 50 years now...) will NOT be dis-enhanced by some cheaply made tech gear which costs enough that if/when it quits for any/no reason I may not have enough $ to 'just buy a new one'.
I don't have to worry about it. At all. Period.
And for $20.99/3 years on an E-ink reader which has a high probability of lasting that long...EVEN if I never get a pay-out I will be happy I got it JUST for the peace of mind.
Add to that the other thread concerned with the lack of proper labeling possibly indicating something wrong right from the get-go; suspenders AND a belt seem in order here.
Best Wishes,
mark