I'm surprised just how much I spent on
extended
warranties over the last five years, I only know this because they keep
sending
me letters asking me to extend the expired extended warranty. The
sales
people seem more eager to sell you the extended warranty than the item you
actually want to buy and get really miffed when you don't take out the
warranty. If you want to get a really bemused reaction from a
salesperson
in Comet / Currys etc, follow my friends advice and tell 'em confidently
"If it
breaks, I'll buy another one", whether you mean it or not, it stops them
dead in
their tracks.
- Phil
----- Original Message -----
Sent: Friday, May 11, 2001 7:36
PM
Subject: RE: [ukha_d] Was OT
Widescreen
TV - Extended warranties
I know all about this stuff as I fix white goods and
know a
lot of guys that do the brown.
Extended warranties are a rip-off
the
companies (mainly Comet and Currys or DFS groups as they should be
called)
are just playing the numbers game. On a washer costing about £250-350
you
would expect one or two repairs in the five year period so ergo at an
average of £70 a repair you make a profit on selling a warranty at £150,
plus you have the interest on the dosh in the bank. The Comet offer of
getting your money back is a no-hoper IMO as 80% of appliances need a
repair inside the five year period, particularly on a washer
dryer!
K.
-----Original Message----- From:
Stuart Grimshaw
[mailto:stuart@xxxxxxx] Sent: 11 May
2001 16:10 To:
ukha_d@xxxxxxxSubject: Re: [ukha_d]
OT Widescreen TV
On Friday 11 May 2001 15:42 pm, you wrote: >
Paid my £45-00 quid and declined the offer of an extended warranty. >
About 2 weeks after the shop closed I rang the helpline and told them
I > hand been sent the remote and they sent me a brand new one. Just
before the > 12 month warranty was up I was offered the chance to
take out an extended > guarantee for a further 12 months for ONLY
£79-00.
We got a good extended warranty with out washer/dryer, if
you
don't use it, you get the cash back at the end. OK, so we miss out on
the
interest it would have earnt but I'd only have spent it on something
else anyway :-)
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