Quote:
Originally Posted by talmy
This, of course, must be true for most purchasers as they wouldn't sell the warranties if they were to lose money on them!
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True...but it all depends...I have had two extended warranties, and both paid for themselves (one of them multiple times over).
Yes, they would not sell them if they made no money off them, but it's like any other insurance - people do not always use it even if they pay for it.
It's piece of mind. After saving several thousand on repairs, I will always get one, as the cost of repairs just keeps going up.