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Old 10-17-2011, 01:57 PM   #30 (permalink)
Zaggeron
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^^ You're right. Individual experiences and comfort level may vary. My point is that most people, in the long run, will pay out more in premiums for extended warranties than they'll ever save in warranty repairs.

It's just like insurance in that most people will pay more in premiums than they will have saved in covered claims. That's how the companies make their money. The difference between a warranty and standard house/car insurance is that the consequences of not being insured can be much worse than not having an extended warranty.

That said, people should decide based on a thorough evaluation of the costs and benefits and what they could comfortable shell out if something did go wrong.
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