Digital Crave

Don’t buy the extended warranty – ever

View gallery

.
www.broadenedhorizons.com

www.broadenedhorizons.com

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 dealnews.com 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

.
www.facebook-tutor.com

www.facebook-tutor.com

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

.
Acer

Acer

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. Dealnews.com 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

    • Father Hangs Baby Daughter on Facebook Live, Then Commits Suicide: Police

      The gruesome footage was on the man's Facebook page for nearly 24 hours, authorities said.

      Inside Edition
    • Ancient people left a frightening message for us, and scientists just found it

      10,000 years from now (assuming humans haven't been wiped out by a plague, space rock, or our own destructive tendencies), it'll probably be fairly easy for the average person to research what life was like in 2017. For us here today, finding out what life was like in 11,000BC is much more challenging, but by studying ancient stone carvings and pairing the somewhat confusing messages with archeological data, researchers believe they've discovered concrete evidence of an apocalyptic event that may have altered the future of mankind: a comet strike. The study, performed by a team of researchers from the University of Edinburgh ( PDF ), suggests that a potentially cataclysmic comet strike rapidly and dramatically altered the Earth's climate for hundreds of years, sending humanity into a mini ice age with nearly glacial conditions. The time period when this occurred is known as the Younger Dryas, and has been well documented thanks to ample evidence of the cooling found in core samples, but its cause has been theorized and debated for a long while. Now, thanks to stone carvings left by ancient people in modern day Turkey, researchers believe that a comet was the culprit. The carvings are remarkably preserved and appear to have been created to document an apocalyptic event which devastated the land. Figures depicted in the carvings, including apparently deceased, headless human bodies and other wildlife, were made at around the time the Younger Dryas began, suggesting that the event archived in stone could have been the same one that caused the thousand-year cold snap. The carvings were found at what is considered to be one of the oldest and most important temple sites on the planet, and for the images to appear there suggests that they have enormous historical significance. The Younger Dryas is often credited with pushing ancient humans to band together out of pure necessity, forming the foundation of modern agriculture and other huge advancements in civilization. The idea that a comet may have been responsible for pushing humanity forward is an extremely interesting, and potentially frightening possibility. The findings are far from an iron clad confirmation, but the timing matches up shockingly well, and would have to be a fantastic coincidence if the two events are actually unrelated.

      BGR News
    • High School Student Dies After Being Punched at Party

      An 18-year-old high school student in Illinois who was about the graduate died after police say he was hit during an incident at a party Saturday night.

      Tribune
    • ‘Happy Days’ Star Erin Moran’s Husband Pens Heartbreaking Letter Chronicling Her Cancer Battle

      In the aftermath of former “Happy Days” star Erin Moran’s shocking death this past weekend, rumors have begun to circulate regarding the nature of the actress’ untimely passing. Her co-star Scott Baio added fuel to the fire by saying that he was less than shocked about the news during an interview on “The Bernie and Sid... Read more »

      Variety
    • Fox News Hit With 2 More Lawsuits Over Alleged Racial Discrimination

      Embattled Fox News was hit with lawsuits over alleged racial discrimination on Tuesday, including a class action suit in which former “Fox and Friends” co-host Kelly Wright was among the plaintiffs, according to documents obtained by TheWrap. Wright was one of 11 former or current Fox News employees attached to a class action suit filed in Bronx Supreme Court accusing the leading cable news network of fostering an environment in which top-down racial harassment occurred, joining three other former Fox News staffers who filed a separate racial discrimination complaint. “When it comes to racial discrimination, 21st Century Fox has been operating as if it should be called 18th Century Fox.

      The Wrap
    • 'Devastated' Chris Soules Speaks Out After Arrest for Allegedly Leaving the Scene of Deadly Crash

      Devastated Chris Soules Speaks Out After Arrest for Allegedly Leaving Scene of Deadly Crash

      People
    • ISIS Fighters in Iraq Killed by Wild Boars Before They Can Ambush Locals

      Three militants loyal to the Islamic State group (ISIS) have been killed by wild boars as they planned to ambush Iraqi tribesmen opposed to the group, according to a local anti-ISIS leader. At least eight ISIS fighters had reportedly taken cover among dense reeds in Iraq's al-Rashad region, about 55 miles southwest of Kirkuk, in preparation for a surprise attack on local anti-ISIS tribesman when a herd of wild boars attacked the jihadists on Sunday, killing three. The militants likely disturbed the notoriously short-tempered animals, said Sheikh Anwar al-Assi, a chief of the local Ubaid tribe and head of the group of local tribesmen who took up arms after ISIS took control of the nearby town of Hawija.

      Newsweek
    • Caitlyn Jenner kept rudely interrupting Kelly Ripa on ‘Live’

      It’s “Live with . . . Caitlyn!” On Tuesday morning’s “Live with Kelly” show, Caitlyn Jenner was a guest — and possibly one of the rudest ever. Jenner, who appeared to promote her memoir, “The Secrets of My Life,” continuously cut off Kelly Ripa and guest co-host, John Leguizamo. At one point, Jenner even turned the tables on Ripa, asking when she first identified as a female. “Just think about that,” she said, pointing her manicured finger at Ripa. “When did you know you were a girl?” Jenner then made Leguizamo her target, asking him how he enjoyed dressing in drag in the 1995 comedy, “To Wong Foo, Thanks for Everything! Julie Newmar.” The painful 15-minute interview consisted of endless, self-congratulatory

      New York Post q
    • Shopping, Editors' Picks: Best Makeup Removers (11 photos)

      Best Makeup Removers for All Skin Types

      People
    • New Video Shows Dr. David Dao Boarding United Flight Before Being Dragged Off

      The incident happened on April 9 and sparked global outrage.

      Inside Edition
    • Elizabeth Thomas' father files for divorce, seeks restraining order

      The father of 15-year-old Elizabeth Thomas wants a divorce from his wife of 30 years, who has been indicted on charges she abused their children, according to court records. According to the filing, the couple have 10 children with four under age 18, including Elizabeth Thomas. Elizabeth went missing in early March after law enforcement officials said Tad Cummins kidnapped her, taking her from a restaurant near her home in Columbia, Tenn., and eluding law enforcement for 38 days before they were captured last week in Cecilville, California. Federal court documents show the 50-year-old Cummins admitted to switching vehicle license plates twice, disabled his vehicle's GPS system, used aliases, altered his appearance, paid only in cash and used back roads during his nearly six weeks on the run.

      The Tennessean q
    • Man charged with murder of wife after her Fitbit device casts doubt over 'intruder' story

      A Connecticut man has been charged with murder after claims an intruder killed his wife in their house were apparently contradicted by movements recorded on her Fitbit device.

      International Business Times
    • The Safest Seat On A Plane, According To Studies Of Crash Data

      Air travel is the safest form of transportation in the country.

      The Huffington Post
    • Who Are North Korea's Three American Prisoners?

      On Saturday, U.S. citizen Kim Sang-duk became the third U.S. citizen to be held in North Korea after police arrested him as he prepared to board a flight at Pyongyang International Airport.

      Newsweek
    • Italian model makes outrageous claim about Cristiano Ronaldo's manhood

      The Portugal attacker was linked to the reality star after Euro 2016, but will not be happy with her latest alleged revelations

      Goal.com
    • Whoops, Mark Hamill might have accidentally revealed Rey’s parentage…back in the ’80s

      Mrk Hamill is at it again! Well, he was, back in the 80s. Apparently, his interview techniques haven’t changed too much because…

      Hello Giggles
    • Serena Williams issues powerful response to Ilie Nastase's racist comments about her unborn child

      Falling pregnant with her fiance’s baby should have been the most exciting and happiest time of tennis champ Serena Williams’ life. Serena Williams has responded to Ilie Nastase’s remark. The 35-year-old beauty wrote: “It disappoints me to know we live in a society where people like Ilie Nastase can make such racist comments.

      Yahoo Celebrity UK