Are extended warranties worth it?
Whenever I buy any electronic device, the sales clerk always asks if I want an extended warranty. The same is true for cars and household appliances. My personal reaction is always that this offer implies either a lack of confidence in the quality of the product or (more likely) that this is a profitable business with more benefit to the seller than the buyer. These service contracts are not inexpensive so it is my general practice to refuse extended warranties. I do not personally think they are worth it and I have never had occasion to regret not having one. However, some people do like them and PC World has an article on whether extended warranties are worth the cost.
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