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Old 06-08-14, 05:22 AM
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wahoonc
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Bikes: Giant Excursion, Raleigh Sports, Raleigh R.S.W. Compact, Motobecane? and about 20 more! OMG

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Originally Posted by JanMM View Post
The money saved by declining extended warranties can buy a lot of stuff.
Amen!

I had to fix my 12 year old washing machine a couple of months back. They offered me a 5 year extended warranty for $250 when I purchased it. The machine cost ~$1200 new, current replacement model is ~$1600. I spent less than $200 on the parts to fix it. Needed a new transmission. FWIW I called Sears (where it was purchased) and they wanted over $900 to repair it. I am glad I have the skill set to do things like appliance repairs.

Aaron
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