When to Say No to Buying Gadget Warranties

When to Say No to Buying Gadget Warranties

Taryn Williford
Nov 5, 2009

When you're finally getting to the register with that shiny LCD TV that is going to look oh-so-good on your living room console, your biggest worry won't be how you're paying for it or whether it's got the right pixel response time. Your biggest fret will be whether to say yes or no to the extended warranty...

That's where CNET comes to the rescue. The gadget experts recently wrote a helpful FAQ all about those tricky extended warranty purchase offers, including offering up info on when you should pay up and when to hold off.

Here's some of our favorite tips:

  • Consumer reports show that most gadgets don't break until after 4 years of use (CNET's got the breakdown for each type of gadgets' average lifespan).

  • The manufacturer's included warranty is often enough for most gadgets. If there are any big problems with your device, they'll show their face early.

  • The majority of gadgets don't ever need to be repaired.

  • If the warranty is almost as much as the product costs, it might be a good idea to take your chances without coverage. Same thing goes for repair costs.

  • Consider passing on a 5-year warranty if you know the gizmo will be out-of-date in 3 years.

Via Lifehacker

(Image: Flickr user -nathan under license from Creative Commons.)

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