When Warranties Aren't Worth It

AAA

When Warranties Aren't Worth It

We've all heard the salesperson say, "we highly recommend protecting your item with our store's extended warranty package that will cover all repair costs incurred within three years". More often than not, you get sucked into buying the package, as the investment in the electronic item is huge. But will you get the best returns? Chances are little to none. (For more, see Extended Warranties: Should You Take The Bait?)

  1. No results found.
Related Articles
  1. Managing Wealth

    Everything You Need To Know About Warranties

    Warranties are often considered when purchasing gifts. When should you purchase warranties and for what?
  2. Investing

    Do You Need A Home Warranty?

    A home warranty may sound like a great form of protection against expensive, unforeseen home repairs. But is it worth it?
  3. Personal Finance

    Consumer Protection Laws You Need To Know

    Knowing these which consumer protection law can help you in particular situations can save you time, money and stress.
  4. Managing Wealth

    Are You Over-Insured?

    You can free up a lot of money by eliminating overlapping insurance policies. Read on to learn where you are most likely to be carrying double coverage.
  5. Investing

    3 High-Pressure Home Improvement Sales Tactics

    Vendors selling products related to the improvement of your home can be some of the most challenging salespeople to deal with.
  6. Small Business

    6 Psychological Traps That Make You Spend

    If you're finding it hard to stick to your holiday budget, you're not alone. Find out what retailers do to weaken shoppers' resolve.
  7. Investing

    What's a Special Warranty Deed?

    A special warranty deed is a deed in which the seller guarantees the title only against defects that occurred during his ownership of the property.
  8. Personal Finance

    3 Credit Card Benefits You’re Paying For But Not Using

    Unnecessary expenses are easy to eliminate once you look at your spending, but not all expenses are obvious, especially when it comes to credit cards.
  9. Personal Finance

    Pros and Cons of Buying a Certified Used Car

    A certified pre-owned (CPO) vehicle can bring peace of mind, but is it right for you? Here are some factors to consider.
  10. Retirement

    Is It Worth Buying a New Car If You're Already Retired?

    You have to consider more than just the purchase price: Insurance, the warranty, resale value and how much you plan to drive are all important factors.
Hot Definitions
  1. Leverage

    1. The use of various financial instruments or borrowed capital, such as margin, to increase the potential return of an investment. ...
  2. Trumponomics

    Trumponomics is a term for the economic policies of President Donald Trump.
  3. Universal Health Care Coverage

    An organized healthcare system that provides healthcare benefits to all persons in a specified region. Many countries, such ...
  4. Davos World Economic Forum

    The annual meeting of the World Economic Forum hosted at Davos—a small ski town in Switzerland—in January each year is among ...
  5. Smart Home

    A convenient home setup where appliances and devices can be automatically controlled remotely from anywhere in the world ...
  6. Efficient Frontier

    A set of optimal portfolios that offers the highest expected return for a defined level of risk or the lowest risk for a ...
Trading Center