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Tommy’s Appliance Tips: Do I buy service contracts or extended warranties?

April 3. Cornelius resident Tommy Walker had more than 50 years experience in appliance repair and operated Tommy’s Appliance Service until retiring a few years ago. Tommy will offers his advice for various appliances monthly.

When buying a new appliance, ask a lot of questions concerning extended warranties.

In every situation, the manufacturer usually gives you a one-year warranty or offers a paid service contract that starts on the day you purchase the appliance.

Why should you buy warranty on a product that already has a manufacturer warranty? Service contracts, if sold honestly, should start on the day that your manufacture warranty expires.

I’m not a firm believer in warranties and usually recommend to wait until you’ve had the appliance a year and you’ve had a lot of problems.

A manufacturer’s service contract is still available a year or two later.

If you go a year without any problems, chances are — but not always — they won’t pay for themselves. I’ve actually seen some companies solicit warranties up to five years after you purchase an appliance.

The salesman usually makes the price tempting so be very careful when purchasing extended warranties.

Tommy

Discussion

2 Responses to “Tommy’s Appliance Tips: Do I buy service contracts or extended warranties?”

  1. great tip,

    I have always had a problem paying for a guarantee, of the new product i just bought.

    I want manufactures to bring back the LIFETime – Craftsman tool guarantee

    Posted by Joe a vagnone | April 4, 2024, 11:45 am
  2. I love these tips from Tommy. Thank you for all the helpful info.

    Posted by Mesha K. | April 4, 2024, 12:57 pm

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