Last year about this time i posted advice on extended warranties on a $2500 french door fridge.
My warranty has expired all of 2 weeks when my ice maker crapped out. Good thing i have an additional 4 Yr extended warranty on this appliance purchased for $99 from Home Depot. Im all but certain it will cost more than that to fix and there will be more issues within the next 4 years. ALready in the first year the Mfg warranty paid for about $1000 worth of repairs in 4 in home visits.
Incidentally sears charges from $500-$750 for the same warranty(which is why i didnt buy the fridge from sears)
In my original post last year one member lambasted me for numerous posts about what a waste of money they are.
I agreed that electronics LCD tvs, Ipads ect are very reliable and i dont buy extended warranties on them.Appliances are another matter.
My warranty has expired all of 2 weeks when my ice maker crapped out. Good thing i have an additional 4 Yr extended warranty on this appliance purchased for $99 from Home Depot. Im all but certain it will cost more than that to fix and there will be more issues within the next 4 years. ALready in the first year the Mfg warranty paid for about $1000 worth of repairs in 4 in home visits.
Incidentally sears charges from $500-$750 for the same warranty(which is why i didnt buy the fridge from sears)
In my original post last year one member lambasted me for numerous posts about what a waste of money they are.
I agreed that electronics LCD tvs, Ipads ect are very reliable and i dont buy extended warranties on them.Appliances are another matter.