Thread: Is buying an extended warranty worth it?
View Single Post
Old 06-08-14 | 05:22 AM
  #13  
wahoonc's Avatar
wahoonc
Membership Not Required
 
Joined: Jan 2005
Posts: 16,853
Likes: 17
From: On the road-USA

Bikes: Giant Excursion, Raleigh Sports, Raleigh R.S.W. Compact, Motobecane? and about 20 more! OMG

Originally Posted by JanMM
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
__________________
Webshots is bailing out, if you find any of my posts with corrupt picture files and want to see them corrected please let me know. :(

ISO: A late 1980's Giant Iguana MTB frameset (or complete bike) 23" Red with yellow graphics.

"Cycling should be a way of life, not a hobby.
RIDE, YOU FOOL, RIDE!"_Nicodemus

"Steel: nearly a thousand years of metallurgical development
Aluminum: barely a hundred
Which one would you rather have under your butt at 30mph?"_krazygluon
wahoonc is offline  
Reply
0