Extended warranty – is it worth it?

by Gayla Baer

Your new PC is just a few mouse clicks and $700 away. Like most desktop computers, it comes with a limited one-year warranty. But for another $190, you can extend the coverage to four years. Deal?

NOT WORTH IT!

There’s a reason extended warranties are highly profitable for manufacturers: Buyers seldom cash in. PCs, and consumer electronics in general, are very reliable these days.

“If you take care of your equipment, you really don’t need a warranty,” says technology analyst Rob Enderle of the Enderle Group.

Besides, four years is an eternity in the computer world. If your PC breaks down in three years, you’ll want a newer, faster machine by then, not a replacement. Save the $190 for a down payment on your future upgrade.

More helpful money saving tips…

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{ 3 comments… read them below or add one }

Kaitlyn Rogers July 9, 2010 at 4:10 pm

i always wait and look on the internet about the latest consumer electronics items that i can buy.;*`

Caleb Green July 12, 2010 at 4:21 pm

so what would be the hottest consumer elecdtronic items for the year 2010?`-*

Medical Side Effects December 12, 2010 at 6:20 pm

consumer electronics these days are mostly composed of gadgets that are more into phones and internet connection ;”*

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