Posts: 13,149
Threads: 209
Joined: Apr 2009
Reputation:
0
Interesting...
Is it Likely to Break?
For manufacturers and retailers, warranties are a pretty good deal -- as long as they don't actually have to replace your item. Consequently, most warranties only last for three to five years, when you are least likely to need them.
With that in mind, you probably want to think seriously about whether or not a particular item is likely to break in the first three years of use. This doesn't have to be guesswork: a recent study by Consumer Reports showed that, while most items will outlast the three-year warranty window, some are far more likely to break than others. In fact, five items -- desktop PCs, laptop PCs, riding lawnmowers, self-propelled lawnmowers, and side-by-side refrigerators -- have a greater than 25% chance of breaking in the first three years of ownership. If you're buying one of these five items, you should probably give some serious thought to buying a warranty.
Read more: <!-- m --><a class="postlink" href="http://www.walletpop.com/blog/2010/11/30/savings-experiment-when-warranties-are-a-waste/#ixzz16yG6v7UM">http://www.walletpop.com/blog/2010/11/3 ... z16yG6v7UM</a><!-- m -->