Extended warranties

by Blgsbp - 12/6/07 7:18 PM

In Reply to: Are extended warranties worth it? by Lee Koo (ADMIN) Moderator CNET staff

These are very profitable for for the guarantor. That is evident by the fact they go to some effort to sell them. It's profitable to them it is because they know the exposure and price it above that amount.

If you want the peace of mind you buy the insurance. If you are adventurous keep your money and take the risk. Financially the odds favor the latter.