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(Consumer Reports did in fact concede that in some circumstances extended warranties are warranted, such as when buying a repair-prone brand where the warranty is comprehensive and cheap.)
Experts agree that extended warranties typically aren't worth the additional cost. Consumer Reports notes that products such as appliances rarely break down within the extended warranty period.
1. Electronics. Having a warranty on electronics, such as smartphones, gaming consoles, and laptops, can save you a great deal of money since these devices are prone to malfunctions or accidental ...
The Citizens Advice Bureau have expressed concerns about extended warranties being mis-sold. [12] The Office of Fair trading investigated the extended warranty market again and published a market review in 2012. They said that the UK market is worth an estimated £1billion [13] a year. Out of this £1billion they estimate 75% of people do not ...
With Extended Computer Protection – from AOL, we've made it easier for you to get your computer hardware issues resolved with the below option: Mail-In Repair : If you have a personal laptop or tablet, we'll send you a prepaid shipping label or box for you to mail in your product to one of our service depots.
Whether an extended service plan is worth the extra cost depends on the item and the perceived value by the consumer. Basic service plans on desktop computers, for example, typically come close to the actual average repair cost of a system, with the retailer using the service plan as a way to keep the customer from going to a competing service center.
An express warranty is expressly stated (typically, written); whether or not a term will be implied into a contract depends on the particular contract law of the country in question. Warranties may also state that a particular fact is true at a point in time, or that the fact will continue into the future (a "continuing warranty").
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