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Joanna

@joa71

We lose money

For most, extended warranties are bad investments, because we never use the coverage they pay for.

For a warranty to be worth it,

  • Something needs to fail that is covered.
  • We need to use the warranty during the repairs.
  • The cost of the repairs should exceed the price we paid for the warranty.

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IDEA EXTRACTED FROM:

The truth about extended warranties, and what to do instead

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