Comments on: Money Mistake Monday – Buying The Extended Warranty Syndrome. http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/ A place to discuss money...for the rest of us. Mon, 23 Nov 2009 05:09:30 -0500 hourly 1 By: Save Money on Your Next Computer : Cash Money Life http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-30828 Save Money on Your Next Computer : Cash Money Life Sun, 28 Dec 2008 02:44:21 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-30828 [...] extended warranty is not always a good deal and you should consider whether you need it or not before purchasing it. If you have good knowledge [...] [...] extended warranty is not always a good deal and you should consider whether you need it or not before purchasing it. If you have good knowledge [...]

]]> By: carnival of personal finance: photo quiz edition : plonkee money http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-24305 carnival of personal finance: photo quiz edition : plonkee money Mon, 14 Jan 2008 10:06:18 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-24305 [...] from My Two Dollars presents Money Mistake Monday - Buying The Extended Warranty Syndrome.. Most of the time, signing up for an extended warranty is like saying “yes, I would like to [...] [...] from My Two Dollars presents Money Mistake Monday – Buying The Extended Warranty Syndrome.. Most of the time, signing up for an extended warranty is like saying “yes, I would like to [...]

]]> By: Money Articles Trade Show Edition | Personal Finance Blog by Money Ning http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-24297 Money Articles Trade Show Edition | Personal Finance Blog by Money Ning Sun, 13 Jan 2008 20:54:05 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-24297 [...] Two Dollars talks about why people lose by buying extended warranty!  Personally, I’ve purchased extended warranty twice which have been a complete [...] [...] Two Dollars talks about why people lose by buying extended warranty!  Personally, I’ve purchased extended warranty twice which have been a complete [...]

]]> By: 2008 January 12 | Credit Withdrawal http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-24265 2008 January 12 | Credit Withdrawal Sat, 12 Jan 2008 16:12:19 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-24265 [...] My Two Dollars - Money Mistake Monday - Buying The Extended Warranty Syndrome. [...] [...] My Two Dollars – Money Mistake Monday – Buying The Extended Warranty Syndrome. [...]

]]> By: rambkowalczyk http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-24203 rambkowalczyk Wed, 09 Jan 2008 03:42:47 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-24203 Generally agree, but if you buy an exercise machine (bike, elliptical machine etc) and consistantly use it day in and day out, the extended warranty is worth it. Generally agree, but if you buy an exercise machine (bike, elliptical machine etc) and consistantly use it day in and day out, the extended warranty is worth it.

]]> By: Free From Broke http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-24194 Free From Broke Tue, 08 Jan 2008 17:03:11 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-24194 My sister used to work for an electronics store. She told me the most commissions came from the extended warranties they got people to sign up for. That said you have to look at the details of the warranty that is offered. A few years ago I bought a Best Buy warranty for my iPod. My previous MP3 player fell and was never useful after. This warranty though would replace my ipod if I had any problems with it. It wouldn't have to be sent for repairs; they just give you a new box and take your old player. Well, at the end of the warranty my ipod was locking up a lot so I brought it in. Since they didn't make that model anymore they had to upgrade me to a higher memory model and they gave me credit on the price difference. Unfortunately they don't offer that specific warranty anymore. Probably too many people returned their player for a new one. Most warranties aren't worth it but you have to know how the item will be used, the terms of the warranty, and what the warranty costs. My sister used to work for an electronics store. She told me the most commissions came from the extended warranties they got people to sign up for.

That said you have to look at the details of the warranty that is offered. A few years ago I bought a Best Buy warranty for my iPod. My previous MP3 player fell and was never useful after. This warranty though would replace my ipod if I had any problems with it. It wouldn’t have to be sent for repairs; they just give you a new box and take your old player. Well, at the end of the warranty my ipod was locking up a lot so I brought it in. Since they didn’t make that model anymore they had to upgrade me to a higher memory model and they gave me credit on the price difference. Unfortunately they don’t offer that specific warranty anymore. Probably too many people returned their player for a new one.

Most warranties aren’t worth it but you have to know how the item will be used, the terms of the warranty, and what the warranty costs.

]]> By: Roundup: The Airlines Extended Our Vacation! | My Dollar Plan http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-24191 Roundup: The Airlines Extended Our Vacation! | My Dollar Plan Tue, 08 Jan 2008 14:13:14 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-24191 [...] My 2 Dollars explains one of his money mistakes: buying extended warranties. [...] [...] My 2 Dollars explains one of his money mistakes: buying extended warranties. [...]

]]> By: Coupon Guy http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-24185 Coupon Guy Mon, 07 Jan 2008 23:00:05 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-24185 Only time I ever got my money out of an extended warranty was with a cordless phone from Best Buy. My kids or I would drop it and something would go wrong with it, we took it back 3 or 4 times over the course of 3 years. New phone every time. Only time I ever got my money out of an extended warranty was with a cordless phone from Best Buy. My kids or I would drop it and something would go wrong with it, we took it back 3 or 4 times over the course of 3 years. New phone every time.

]]> By: WealthBoy http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-24183 WealthBoy Mon, 07 Jan 2008 21:09:06 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-24183 I can't stand it when they try to sell you the extended warranties! If the product is worth a damn, why do you need an extended warranty? If you do need the extended warranty, why are they selling you a piece of crap? I can’t stand it when they try to sell you the extended warranties! If the product is worth a damn, why do you need an extended warranty? If you do need the extended warranty, why are they selling you a piece of crap?

]]> By: Patrick http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/comment-page-1/#comment-24182 Patrick Mon, 07 Jan 2008 20:50:09 +0000 http://www.mytwodollars.com/2008/01/07/money-mistake-monday-buying-the-extended-warranty-syndrome/#comment-24182 I agree. I only bought an extended warranty one time, and that was for a laptop that I bought right before going on a worldwide tour while I was in the USAF. The laptop was packed in a suitcase, loaded on baggage pallets, stuffed under airplane and bus seats, carried through the heat of the Middle East and the frozen cold of an Alaskan winter... and never had a problem. :) I would still buy the warranty if I knew I would be going through all that. Otherwise, no thanks. ;) I like the theme update. Very clean. I agree. I only bought an extended warranty one time, and that was for a laptop that I bought right before going on a worldwide tour while I was in the USAF. The laptop was packed in a suitcase, loaded on baggage pallets, stuffed under airplane and bus seats, carried through the heat of the Middle East and the frozen cold of an Alaskan winter… and never had a problem. :)

I would still buy the warranty if I knew I would be going through all that. Otherwise, no thanks. ;)

I like the theme update. Very clean.

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