Digital Crave

Don’t buy the extended warranty – ever

View gallery


There comes a point near the end of most transactions when the salesperson asks you if you’d like to purchase the extended warranty. Many consumers dread this moment because it is a widely held belief that extended warranties are for suckers. But they sound so comforting, so necessary. The salesperson has been ordered to offer this warranty, and to make it sound like a crucial purchase. There must be a time when the warranty is a good idea, right? Wrong.

“Extended warranties are pure profit for retailers as they pocket more than 50 percent of an extended warranty’s cost,” wrote retail expert Louis Ramirez, in a recent a piece for that debunked a dozen tech shopping myths. Still not convinced? Here are five things you can do instead of buying that expensive – and useless – extended warranty.

View gallery


1. Check the manufacturer’s warranty
“Rather than be bullied into buying one the next time you’re at a retail store, take a look at the warranty provided by the manufacturer (which oftentimes is more than sufficient) and research warranties provided by third parties like SquareTrade,” Ramirez says.

You’d be hard pressed to find a gadget on the market that doesn’t come with a decent manufacturer’s warranty, often covering your purchase for one year. A study by none other than Consumer Reports found that most products rarely need repairs during the period of time covered by the extended warranty.

View gallery

Federal Trade Commission

Federal Trade Commission

2. Check with the Feds
The Federal Trade Commission is a reliable source for consumer advocacy and advice. They suggest consumers do their homework prior to purchase. Research the terms, conditions and dates of the manufacturer’s warranty and find out whom to contact if you need service.

Finally, ask about the depth of the coverage. Are all parts covered? Will you still be covered if the device fails because you dropped it? If a salesperson makes a promise orally, such as that the company will provide free repairs, get it in writing. Otherwise, you may not be able to get the service that was promised.

View gallery



3. Check with the state
All states have implied warranties. Almost every purchase you make is covered by an implied warranty. The most common type is known as a “warranty of merchantability,” which means that the seller promises that the product will do what it is supposed to do.

Another type of implied warranty is the “warranty of fitness for a particular purpose.” This applies when you buy a product on the seller’s advice that it is suitable for a particular use. For example, the salesperson that suggests you buy a laptop accessory for a specific need warrants that it will fill that need.

4. Do you trust the brand?
If you’re sticking with the manufacturer’s warranty – and you should – also consider the reputation of the manufacturer.

For instance, Microsoft took a lot of heat for shipping early Xbox 360’s that were prone to failure. However, the company made right by their customers by greatly extending the warranty and, later, releasing a better model. Keep this in mind when buying a popular brand. Companies such as Sony and Nintendo have excellent track records for building quality products. If you’re not familiar with the company that makes your gadget, ask your local or state consumer protection office or Better Business Bureau if they have any complaints against the company. A warranty is only as good as the company that stands behind it.

View gallery

Wii U

Wii U

5. Save your receipt and warranty info
Are you so excited to get that new HDTV or laptop home that you ignore the warranty paperwork in the box?

Don’t be. It is the buyer’s responsibility to keep the receipt to document the date of purchase or prove that the buyer is the original owner in the case of a nontransferable warranty.

While we’re on the topic of responsibility, make sure to perform required maintenance and use the product according to the manufacturer’s instructions. If you beat up that laptop or throw a Wii controller through the HDTV screen, you’re probably on your own.

(On an unrelated note: If you’re thinking of trading in your Wii for a Wii U keep your controllers. They work with the Wii U for old and new games.)

What if you’re still not convinced? Although we can’t think of a time when buying the extended warranty is a good idea, there are consumers who disagree. If you are among them, here are some things to consider.

First, read the agreement. This is no fun, but it’s important. Keep your eyes open for exclusions and conditions that would void your warranty.

Second, find out how long the extended warranty lasts. If it says three years, find out if that means from the date of purchase or from when the standard warranty expires. Also, consider if you’re still going to want that item three years from now. If you’re buying a gaming console or an MP3 player that you plan to upgrade in three years, why buy the warranty?

Finally, think about the cost. suggests that if the cost of the warranty exceeds 20 percent of the cost of the product, you’re probably spending more than a repair job will cost you.

Sorry you didn't like this comment. Please provide a reason below.

Are you sure?
Rating failed. Try again.
Request failed. Try again.
We will promote constructive and witty comments to the top, so everyone sees them!
Sorry, we can’t load comments right now. Try again.

    Recommended for You

    • Kim Kardashian Concierge Reveals New Robbery Details: ‘They Weren’t There for Jewels’

      ET sits down exclusively with the concierge during Kim Kardashian's robbery, who recalls the terrifying events of Oct. 3.

      Entertainment Tonight
    • Hillary Clinton email saga continues as 33,000 erased emails may not be 'missing' after all

      Hillary Clinton just can’t seem to catch a break with her her ongoing email woes. While the consensus was that Clinton’s 33,000 notoriously ‘missing’ emails were permanently destroyed and beyond recovery, newly released FBI notes strongly suggest this might not be the case after all, the NY Post reports. In a May interview with the FBI, an anonymous executive from Platte River Networks (PRN) – the Denver contractor responsible for maintaining Clinton’s private server – revealed that an underling failed to purge all of Clinton’s subpoenaed emails, deleting only the ones he stored in a data file he used to transfer emails to the assistants of the presidential candidate. According to the PRN executive, the democrat’s tech specialist Paul Combetta “created a ‘vehicle’ to transfer email files from the live mailboxes of [Clinton Executive Services Corp.] email accounts.

      The Next Web q
    • Mom Pictured Holding Syringe While Allegedly Overdosing With Infant Son in Car: Cops

      In the picture, the woman's head is tilted back and her hand loosely grips a syringe.

      Inside Edition
    • Sexy & Gray: 13 Women Who Prove That One Does Not Negate the Other (13 photos)

      Sophie Fontanel — Parisian Instagram star, fashion journalist, and author of The Art of Sleeping Alone — has a thing or two to say about going gray. “Accept yourself and you will see a big change,” she tells Vogue in an Oct. 24 interview focused largely on her decision to stop coloring her hair. Fontanel, who is 54 and has more than 87,000 Instagram followers , takes Vogue readers through her own journey of acceptance that came after what she calls “living a lie” by never letting her roots show. After achieving literary fame in her 50s, she explains, she began noticing beautiful gray-haired women seemingly everywhere she went. She stopped one such woman in Los Angeles. “I was asking, ‘is it easy to be like you are?’ She said, ‘Yes. You know, before I was much more invisible and now I'm really someone strange. Everyone notices me,'” Fontanel recounts. “Life is full of signs. Two months later I was in Rome. There was a second one. Then I was in St-Tropez at a café and there was another woman with long white hair, very chic, in Valentino. She was very sexy. I [said], ‘OK, you're the third woman I've noticed, so tell me, does it take courage to get your hair?’ And she said, ‘No. It takes curiosity.'” The writer was emboldened by these other women, and, after some thought and convincing, decided to let her own locks go natural — but gradually, by growing her roots out slowly, and documenting the transformation on Instagram. Today, she says, she’s “happier than ever.” Click through the slide show above to take in the splendor of Fontanel and a dozen other empowered, curious, and sexy silver-haired women. Let's keep in touch! Follow Yahoo Beauty on Facebook , Twitter , Instagram , and Pinterest .      

      Yahoo Beauty
    • Tim Tebow answered Stephen A. Smith's dumb question with a riveting inspirational speech

      Hate on Tim Tebow all you want, but there’s no denying he’s one of the most motivational guys in sports — period. On Tuesday he appeared with Stephen A. Smith on First Take and dropped the best speech you’ll hear all week. When he was criticized for taking a long shot at making an MLB roster, Tebow dropped the hammer.

      SB Nation q
    • The 2017 Rock and Roll Hall of Fame Nominees Are a Disgrace to Music

      Last week, the Rock and Roll Hall of Fame announced 19 nominees for its class of 2017. Five of these nominees will be inducted into the Hall. I am certain many of the Hall’s members and voters mean well, and I have heard nice things about their museum (which I have not visited). But the Hall, as it exists now, is so deeply flawed that it risks not only having a lack of credibility, but also a lack of validity. In other words, it doesn’t just make mistakes; the mistakes seem to be endemic, built into the fabric of the organization. And you know what? Rock ’n roll deserves better. Rock ’n roll (by which I mean any and all manifestations of music-based expression and art, from King Oliver to Tony

      The New York Observer q
    • Ex-Teacher Gets $75g In Settlement After Showing Up To Elementary School Field Trip Drunk

      A former elementary school teacher who passed out after showing up drunk to a bowling alley field trip is getting a $75,000 settlement from the Wisconsin city she sued. The ex-teacher, Maria Caya, filed a $5.5 million lawsuit against the city of Janesville last year claiming police improperly released her blood alcohol tests, Fox 6 reported. The city council approved the settlement Monday night. Investigators said her blood alcohol percentage was 0.27 percent on the day of the field trip in June 2013. The legal limit for driving in Wisconsin is 0.08 percent. Another staff member took Caya to the hospital after finding her passed out in the bowling alley bathroom, WKOW reported. As many as eight

      Fox News q
    • Family Heartbroken After 4-Year-Old Is Killed by New Dog Dropped Off Minutes Earlier

      The owner reportedly dropped the dog off less than an hour before the attack.

      Inside Edition
    • Newt Gingrich Kicked Off ‘Fox & Friends’ Guest List After Megyn Kelly Blowup

      After his on-air blowup with Megyn Kelly Tuesday night, Newt Gingrich may be getting the cold shoulder from Fox News Channel. The former Speaker of the House was supposed to be a guest on Wednesday’s “Fox & Friends” morning show, but he did not appear on the program, which aired just hours after a bizarrely heated exchange between Gingrich and Kelly on live TV. The longtime GOP leader accused the anchor of being “fascinated with sex” in the ongoing scandals over Donald Trump and his treatment of women.

      The Wrap
    • World Series of Poker player lectures another about being a bully

      Poker is generally a quiet game with occasional banter, but Englishman William Kassouf just doesn’t shut up.

      Sporting News
    • 'Nothing short of a miracle' how kids survived suicidal bridge fall with dad, police say

      "When the officers found the children -- conscious and alert -- it's nothing short of a miracle, that's for sure," said Captain Christopher Depuyt with the Pequannock Police Department.

      WABC – NY
    • Hillary’s 33,000 emails might not be ‘missing’ after all

      For months now, we’ve been told that Hillary Clinton’s 33,000 missing emails were permanently erased and destroyed beyond recovery. But newly released FBI notes strongly suggest they still exist in several locations — and they could be recovered, if only someone would impanel a grand jury and seize them. In a May interview with FBI agents, an executive with the Denver contractor that maintained Clinton’s private server revealed that an underling didn’t bleach-clean all her subpoenaed emails, just ones he stored in a data file he used to transfer the emails from the server to Clinton’s aides, who in turn sorted them for delivery to Congress. The Platte River Networks executive, whose name was

      New York Post q
    • Royal feud – why Prince Charles won't allow Beatrice and Eugenie to be pampered princesses

      This question has reportedly left the Queen's two sons, Princes Charles and Andrew, at loggerheads. It also requested that Beatrice, 28, and Eugenie, 26, be granted better accommodation at Kensington Palace – because they are currently tolerating "small" apartments at St James' Palace. The Queen is said to have been "stunned" by her son's proposition and left it to her private secretary Christopher Geidt to sort out.

      International Business Times UK q
    • You Need To Read These Stories About Marshawn Lynch From His Former Seattle Teammates

      Just watch his episode of Running Wild with Bear Grylls for proof of all of this. The Seattle Times caught up with a few guys on Seattle’s roster and asked for their favorite Marshawn stories. My first week here, we were outside on the field, and I was talking to Justin Forsett.

    • Khloe Kardashian Joins Boyfriend Tristan Thompson in Cleveland as He Receives His NBA Championship Ring

      Things seem to be heating up between the couple as they showed off their new bling!

      Entertainment Tonight
    • IT HAPPENED TO ME: My Boyfriend Turned Out to Be a Slumlord

      In March of 2016, Malcolm* and I decided to move in together. We’d been dating for just about four months. It was alarmingly fast, but it felt right. We spent just about every waking second together.We met on Tinder and had an instant connection, even though our personalities were a bit mismatched. ...

    • Mama Dog and Her Day-Old Pups Rescued Right Before Being Put Down

      The whole dog family is now happy with a foster mom.

      Inside Edition
    • Pollster Frank Luntz: The Trump campaign ‘is an absolute joke’

      Perhaps best known as the wordsmith behind many Republican talking points, Luntz had quite a few zingers about Trump, including one about the GOP nominee’s sometimes stilted delivery of prepared speeches. “Stevie Wonder reads a teleprompter better than Donald Trump,” he jested.

      Yahoo News
    • Inside Edition
    • How to Wear Your Halloween Costume Long After October 31 (Really!) (32 photos)

      Halloween costumes are a commitment of time and money — two things that we don’t all have an abundance of. However, there is a way to get two birds with one stone out of the upcoming festivities. If you choose the right costume, you can repurpose pieces of it for real-life wear, long after Halloween is over — saving you time and making an investment in your wardrobe. Ahead, we compiled five items that are commonly used in Halloween costumes, and we’ll show you to wear them way beyond October 31. Follow us on Instagram , Facebook and Pinterest for nonstop inspiration delivered fresh to your feed, every day.

      Yahoo Style