Extended Warranties are a Bad Deal
Extended Warranties are a Bad Deal for Customers — “Most of the time, the products are unlikely to break within the warranty period, or if they do, the cost of repairing them is not much more than the warranty itself. For products that do break often, all too frequently the warranty has an out that doesn’t cover the specific problem.”
…but they are great for businesses…
“Retailers continue to push them because they’re basically pure profit.”