Why should you never buy the extended warranty?

Why should you never buy the extended warranty?

While it may sound like a good idea in theory, extended warranties often come with a high price tag and don’t necessarily cover everything that could go wrong. Plus, many people who buy extended warranties never use them. In that case, an extended warranty becomes a cost with no financial return. Oct 7, 2021

Why extended warranties are a waste of money?

Extended warranties are rarely worth your money. Products don’t break on their own, and when they do, the price of repairs is usually lower than what you’d spend on an extended warranty. Sure, some people have saved a lot of money with extended warranties. Jul 16, 2019

What are the reasons you don’t need to buy an extended warranty?

5 Reasons Not to Buy That Extended Warranty You Can Purchase It Later. Part of the warranty-induced anxiety is making the decision on the spot. …Manufacturer Warranty Could Be Enough. …It Doesn’t Cover Accidents. …Your Credit Card May Offer a Warranty. …There’s an Alternative Third-Party Warranty Available. Jan 13, 2017

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