Read the small print!

Since the average life-span of a warranty on a new product is 12 to 18 months, I bought the Sony extended warranty for a new 52" Sony Bravia,thinking it would be the best option. Well guess again. After paying 1659.00 for the T.V. and $269.00 for the Extended service plan, in 13 months the flat screen panel went out. Sony "in the small print" states if they cannot send a replacment of equal or higher value they will "buy out your contract" at current market prices. The amt. was $1320.00. Go figure!