I'm about to place an order with Newegg for a new TV and a laptop. The laptop (Toshiba) offers extended warranty plans (1 year - $60, 2 year - $90)

I've never bought one before, but I keep hearing people say how glad they were that they got one when the sh*t went down. Is this the general consensus or am I just amplifying these stories in my head out of fear?

It will break down one day after the extended warranty expires.

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If I get it I'll pay a little extra for the +1 day premium option.

Yeah, definitely get the warranty. I've had to send my TV to get fixed twice already and I just bought it in March.

I think it's crap.

http://www.squaretrade.com

Use them instead. Apply code WARRANTYSANTA for 20% off your price.

They cover 3 full years and usually cost less.

quote:

Originally posted by WittyHandle I've never bought one before, but I keep hearing people say how glad they were that they got one when the sh*t went down what the fuck ya gonna do?! Damn it feels good to be a gangsta.

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I think buying an extended warranty wouldn't be a very gangster thing to do.

I get extended warranties most of the time. Back in August I bought a Zune from best buy & got the extended warranty. It stopped working in November so I just brought it back to best buy & they gave me a full credit. I ended up buying a less expensive mp3 player with a warranty & a 1 TB hard drive.

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quote:

Originally posted by Capitalizt http://www.squaretrade.com Use them instead. Apply code WARRANTYSANTA for 20% off your price. They cover 3 full years and usually cost less.

Nice, just did some research on them and seems like a good deal.

Thanks for the promo code.

i saw a show on extended warranties and how pretty much every consumer advocate group advises against them. Read the conditions very carefully if you do get it, as there are so many clauses in these warranties that make them void even if you paid for it.

The show did say that many of these companies do not honour the warranty for more than 50% of claims. That is a pretty big chance to pay for. There are also many stories of these companies folding, or being bought out by others in which case the warranty also becomes void.

The only good thing that they had to say was regarding American Express and their extended warranty plan. It was the only company that was spoken about positively.

extended warranties are a license to print money for those issuing them, and rarely worth it for those paying for them.

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I was pretty skeptical at first, but I did a bit of reading on it, and I feel ok with it for what I got.

The Better Business Bureau gave Squaretrade an A+.

It does feel like a haven for caveats though.