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Old 06-08-14, 03:00 PM
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Location: Sin City, Nevada
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Bikes: Catrike 700, Greenspeed GTO trike, , Linear LWB recumbent, Haluzak Horizon SWB recumbent, Balance 450 MTB, Cannondale SM800 Beast of the East

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A lot of salesmen are being pressured into selling extended warranties because it is immensely profitable for the store. It never gets used by the customer so warranties can account for a big portion of the annual profit. It is so bad now that the store may fire a salesman who doesn't sucker enough customers to buy them. It is a poor rate of return compared to regular term life insurance that you would buy to protect your family.

I absolutely never buy extended warranties under any circumstances.
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