Should you yes or no to the extended warranty? "Warranties really are a valuable purchase when you have to file the claim" says Britt Beemer, but others says is it really just money down the drain. Researches say that there isnt much difference between the price of the warranty and going and getting your purchase repaired. They say the chances of your product breaking down in the time of the warranty is very small. According to Mark Kotkin about 6 out of 10 americans said they buy warranties mosty on the big ticketed items. 30% said they never buy the added protection and 11% said they will buy it sometimes. For customers who like having their warranty there are a few simple tips to help you decide. Read the fine print; See what the store is offering to you and what are the catches. Do your homework; Make sure the plan isnt a duplication or altered version of the stores guarantee. Do extra-Credit homework; Check to see that the store hasnt changed or in the process of changing their plain. Know the life spanl; Not all warranty last forever check to how long your warranty is. Calculate the cost; There could be charges tied to a certain plan. Alson bargin at purchase time; many retailers are giving deals on warranty, make a deal with the retailers. I think that these few tips are good tips to follow, and could help you save money in the long run.
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