A bizarre story came from longtime reader Ellen:
On a completely unrelated note, I’m wondering your thoughts on a warranty on footwear! Yes, the other day while shopping for sneakers at (Dick’s Sporting Goods), I was actually offered a warranty on my sneakers “in case something went wrong with the product.”
My mouth agape, I simply uttered, “Um no.”
I know sales associates are trained to push certain promotions, i.e. Toys R Us, loves pushing their batteries and even the post office clerks now try and sell boxes and passport applications, when you simply just want one stamp…but…
A warranty on footwear?
I wish I had asked the price.
It might just cover my next cheap pair of sneakers!
Are extended warranties a good value – or another scam to rip us off? Opinions favor turning down extended warranties, with one exception.
The Consumerist blog poo-pooh shoe warranties at Sports Authority, but I’d want to talk to more shoppers who bought the warranty and made a claim with it. Did the retailer hold to its word? How easy or difficult was the process?
Consumer Reports says extended warranties for cars are almost always a “poor deal,” though the data is based on cars made in 2001 and 2001. The gist of their argument is that new cars are more reliable than ever.
PCWorld, which reviews electronic gadgets and computers, thinks “extended warranties are rarely a good deal…Whether you should buy one depends on the product you’re purchasing, who makes it, the store you’re buying it from, and a raft of other factors.” The site boiled down all the factors into this list of 10 Extended Warranty Pointers.
On the other hand, The Consumerist argues that AppleCare is one of the few warranties worth buying. The writer’s experience, however, was heavily influenced by the fact that he successfully used his warranty to get two new laptops in one month.
I bought an extended warranty on my Dell laptop within the first year because it would randomly reboot, sometimes seven times in a day. Dell eventually fixed the problem because of the warranty, prompting me to purchase a two-year add-on warranty for $268 for my computer, which has been acting perfectly ever since.
Do you buy extended warranties?