Extended Warranties
Is it smart to get extended warranties? If you feel the need for extra protection, then this may seem like a no-brainer. But actually, experts advise that they aren’t worth the additional cost.
After all, what are the chances of appliances breaking down within the extended warranty period? Pretty low, actually, according to Consumer reports.
So in general, getting an extended warranty is not a good idea if you want to save money, provided that you’re extra careful with your new purchase. But this should be decided on a case by case basis, depending on how you’ve handled similar products in the past.