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Author Topic: The joke of extended warranties...  (Read 2217 times)

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The joke of extended warranties...
« on: February 02, 2009, 01:08:46 PM »

I was at Best Buy on Saturday looking for a new 3d card, when I overheard what I think was a pep talk in a hallway about people not selling enough extended warranties. I listened to this and the guy talking, who I will assume was a manager, kept reinterating the fact that the warranty was usually 100% profit and that people don't use them ever.

This got me to thinking also about the time I helped a relative get her first car, and the sales manager kept trying to push a extended warranty down her throat to the point where I asked him if something was wrong with the car and it need this coverage, and if it did why was he selling it and maybe we should take our business elsewhere.

I never get these things, I don't see why I should get one for say a 3d card which will get dated in 3 months. Does anyone now who buys something get these things?
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Re: The joke of extended warranties...
« Reply #1 on: February 02, 2009, 01:14:55 PM »

I've bought as many extended warranties as I've bought that special shoe polisher that I need whenever I buy a new pair of brogues  :uhuh:
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Re: The joke of extended warranties...
« Reply #2 on: February 02, 2009, 01:40:25 PM »

Dont touch em with a barge pole, most people upgrade before the guarantee runs out anyway. I haven't even bought insurance for my computer, although i can fix it my self. I got a years gurantee on it, i expect to have it 3 years before upgrading or longer.
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Re: The joke of extended warranties...
« Reply #3 on: February 02, 2009, 02:02:18 PM »

There's all kinds of stories on the net from former BB and Circuit City employees of how they are forced to push these things on customers, how much money they make from it, and how they do everything possible to deny covering something when people bring it in for repairs. Just type best buy extended warranties on Google so you can read about all the people who have been shafted by them.

http://www.consumeraffairs.com/retail/bestbuy_exwars.html

http://www.jdavidmacor.com/2007/01/23/the-ultimate-best-buy-extended-warranty-nightmare/


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Re: The joke of extended warranties...
« Reply #4 on: February 02, 2009, 02:21:51 PM »

The only thing I'd buy a service contract on is something like an oil burner or shit like that. A TV? Fuck no.
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Re: The joke of extended warranties...
« Reply #5 on: February 02, 2009, 02:30:07 PM »

The only thing I'd buy a service contract on is something like an oil burner or shit like that. A TV? Fuck no.

You can get service contracts on Transvestities?
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Re: The joke of extended warranties...
« Reply #6 on: February 02, 2009, 03:22:54 PM »

You can get service contracts on Transvestities?

Only if they're signed up for surgery, and then only if they're on hormone therapy.
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Re: The joke of extended warranties...
« Reply #7 on: February 02, 2009, 04:21:31 PM »

Thats TS not TV.
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Re: The joke of extended warranties...
« Reply #8 on: February 02, 2009, 04:27:14 PM »

The only thing I'd buy a service contract on is something like an oil burner or shit like that. A TV? Fuck no.

You forgot the  :hammer:

Nice wig.
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OJ SimpsonTopic starter

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Re: The joke of extended warranties...
« Reply #9 on: February 02, 2009, 04:32:52 PM »



http://www.consumeraffairs.com/retail/bestbuy_exwars.html

http://www.jdavidmacor.com/2007/01/23/the-ultimate-best-buy-extended-warranty-nightmare/





LOL!!!

Some of these are a fucking riot. Who would be so dumb to purchase a extended warranty that coinsided with the manufacturers warranty?
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OJ SimpsonTopic starter

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Re: The joke of extended warranties...
« Reply #10 on: February 02, 2009, 04:35:20 PM »



Nice wig.

I disagree, its bad. I thought she had cancer at first, so I didn't say anything.
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Re: The joke of extended warranties...
« Reply #11 on: February 02, 2009, 04:40:06 PM »

I disagree, its bad. I thought she had cancer at first, so I didn't say anything.

That's a real nice avatar picture of NOT YOU.
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OJ SimpsonTopic starter

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Re: The joke of extended warranties...
« Reply #12 on: February 02, 2009, 05:08:25 PM »

That's a real nice avatar picture of NOT YOU.

VC has my real pic, plus its been posted at FC, try again or stay on topic.
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Re: The joke of extended warranties...
« Reply #13 on: February 02, 2009, 11:32:40 PM »

I actually paid the $20 for the extended on my new monitor I got on Saturday - BUT it was because the actual warranty was for 14 days and for $20 I got it for the whole year.
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Re: The joke of extended warranties...
« Reply #14 on: February 02, 2009, 11:59:01 PM »

For the most part I tend to agree that they are a rip off (the people who sell them don't do so to lose money).   However I know a few people who have bought extended warranties on used cars (which mandate the requirement for lots of expensive scheduled servicing) and a couple have ended up making claims for major mechanical failures which would have otherwise cost them a lot more than the cost of the guarantees (the cost of which was built into the finance they took out).

Even had an extended warranty thrown in on a vacuum cleaner that I bought and had a free repair outside the normal 12 month warranty period.

I am also aware of some of these warranties that are good for fuck all.

Read the fine print.  Understand what you are reading and make a decision based on that.  Sometimes good, sometimes not.
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Re: The joke of extended warranties...
« Reply #15 on: February 03, 2009, 01:24:05 AM »

try again or stay on topic.

Which would be what, my hair or my cancer?
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Re: The joke of extended warranties...
« Reply #16 on: February 03, 2009, 01:33:06 AM »

Which would be what, my hair or my cancer?

That would be the joke of extended warranties.

Did you get an extended warranty on your wig?
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Re: The joke of extended warranties...
« Reply #17 on: February 03, 2009, 01:44:14 AM »

VC has my real pic, plus its been posted at FC, try again or stay on topic.


i do?? this is news...are you wearing a wig in it??  :vc:

i listen to this clown clark howard on am radio, have for years. cant tell you why or how i happened on him, but he is a really fucking frugal financial guru. he had some fine points about warranties...

Clark says the payback on warranties is worse than on a Vegas slot-machine. In fact, he jokingly advises people to get a quote on a warranty and then go drop that chunk of change in a one-armed bandit. At least then you'll get flashing lights, racket and noise, plus have some fun taking in the atmosphere! But seriously, for every dollar you pay on an electronics warranty, you only get back about eight to15 cents, after you account for depreciation and how quickly technology becomes outdated. Clark thinks you should never buy an extended warranty on computers and electronics. You're a little bit safer with a warranty on your appliances. Finally, keep in mind that credit cards will sometimes double the manufacturer's warranty on electronics. It's like getting an extended warranty for free!

 

http://clarkhoward.com/liveweb/shownotes/2007/08/22/12568/
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Re: The joke of extended warranties...
« Reply #18 on: February 03, 2009, 02:30:07 AM »

That credit card tip is a great one. If i buy a warranty, I usually get it straight from the manufacturer of the product or Mack Camera which has one of the best warranty programs that i have seen. Fuck all that Best Buy and CompUSA crap. Also, that tip about negotiating the price is another good one because like the guy said even at $25, they figure it will be $25 profit in their pockets.
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  • Grandiosity with expectations of superior treatment from others
  • Fixated on fantasies of power, success, intelligence, attractiveness, etc.
  • Self-perception of being unique, superior and associated with high-status people and institutions
  • Needing constant admiration from others
  • Sense of entitlement to special treatment and to obedience from others
  • Exploitative of others to achieve personal gain
  • Unwilling to empathize with others' feelings, wishes, or needs
  • Intensely envious of others and the belief that others are equally envious of them
  • Pompous and arrogant demeanor

Persephone

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  • Posts: 2626
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  • Location: New York
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Re: The joke of extended warranties...
« Reply #19 on: February 03, 2009, 06:29:11 AM »

i do?? this is news...are you wearing a wig in it??  :vc:


It's the one you sent me in PM at FC, remember? When he was trying to deicde which pic to use in his Hot-or-Not profile?
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And I'll dance with you in Vienna, I'll be wearing a river's disguise. The hyacinth wild on my shoulder, my mouth on the dew of your thighs. And I'll bury my soul in a scrapbook, with the photographs there, and the moths and I'll yield to the flood of your beauty my cheap violin and my cross.
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