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Use Caution When Buying Extended Warranties

Consumeraffairs.com has an article today about extended warranties. With the way they present it, I wonder why anyone would ever buy one.

It turns out that I mostly agree with them. I sold extended warranties for a long time and I can guarantee that you'll get your money's worth in some specific cases, but unless you know your rights very well and push for them in the face of opposition from the store and the company, you probably will never recoup your costs.

If you don't have the tenacity to fight for your warranty terms, you're better off avoiding the expense.

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