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scottf
LIF Zygote
Member since 5/10 28 total posts
Name:
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Sears warranty, worth it?
We just went to Sears and bought all our applices, fridge, microwave, dishwasher, washer and dryer. The cost was about 3200 but a 5 year warranty on everything except the microwave was 1300 bucks! now we're having buyers remorse and are wondering if we should cancel the warranty before they deliver. Its a 5 year warranty, everything included and it includes a free maintence servicing every year. any thoughts are experiences? We just feel for the price if the fridge (760 + tax) or the stove (670) and washer dryer (560 each) die we could replace 1 or 2 items for the same price. Any thoughts?
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Posted 7/26/10 6:58 PM  |
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Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
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Re: Sears warranty, worth it?
Consumer reports studies show that warranties are generally a rip-off, and the probability of you using it is slim to none.
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| Posted 7/26/10 7:05 PM |
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Re: Sears warranty, worth it?
here is the article from consumer reports
link
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| Posted 7/26/10 7:07 PM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: Sears warranty, worth it?
Posted by scottf
We just feel for the price if the fridge (760 + tax) or the stove (670) and washer dryer (560 each) die we could replace 1 or 2 items for the same price.
You pretty much answered your own question, and that's basically what CR says too. You'll basically never make your money on a warranty. Also, depending on what happens, in 4 years, they'll either fix your 4yo fridge (that cost you $1300 for the warranty), or you can buy a brand new one, better one for $900
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| Posted 7/27/10 7:58 AM |
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sleepie76
enjoying every minute
Member since 12/07 3881 total posts
Name:
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Re: Sears warranty, worth it?
Not for that price! CANCEL
Plus, if your luck is anything like mine, your appliances will go right after the warranty expires.
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| Posted 7/27/10 8:07 AM |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: Sears warranty, worth it?
I'd keep it. i used mine on my appliances at least once a year. for my stove, dishwasher, washing machine. dryer was OK, so was my microwave...
ETA- WHOAH! i just re-read teh price you paid. Ick. no, something is wrong there.
Message edited 7/27/2010 8:19:24 AM.
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| Posted 7/27/10 8:18 AM |
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Faithx2
All good things in 2016!!
Member since 8/05 20181 total posts
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Re: Sears warranty, worth it?
I can tell you I paid $600 for my 2k washer and dryer and exactly 1 yr, 2 weeks later my electric panel on my dryer went and we just used the warranty(sears). I also just bought 5k worth of new kitchen appliances and our 10 yr warrantly was just over 1k(pcrichards). So I do think the price you paid was a high. Generally i am a fan of warranties though....
Message edited 7/27/2010 8:24:32 AM.
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| Posted 7/27/10 8:23 AM |
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