warantees (are they recomended?)

Sorry peeps. New to this forum and now have my second question. Best Buy recommended buying warranties. We bought their 9 year warranty and then found out that when we got home that the my T15's T30 and T50's already all come with a 5 year manufacturers warranty and my PSW125 has a 3 year warranty. Do you people recommend buying these warranties or are they generally a waste?

Answers

  • motorhead43026
    motorhead43026 Posts: 3,904
    edited December 2016
    deleted
    The best way to predict the future is to invent it.

    It is imperative that we recognize that an opinion is not a fact.
  • For speakers a big waste of money.
    The best way to predict the future is to invent it.

    It is imperative that we recognize that an opinion is not a fact.
  • ken brydson
    ken brydson Posts: 8,777
    My opinion for the most part is no. They make big $$ on warranty's, that's why the push them so hard. TV's maybe but speakers no. Usually in my experience if you're gonna have a problem it will happen during the manufactures warranty period. JMHO.
  • Conradicles
    Conradicles Posts: 6,119
    I would on a TV, I like the 5 year Geek Squad warranty. Not on speakers in my opinion.
  • BlueFox
    BlueFox Posts: 15,251
    They would be more appealing to me if they started after the manufacturer's warranty expires. Instead they run in parallel, so depending on how long the original warranty is, you waste a few years.
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  • polk500
    polk500 Posts: 1,171
    nbrowser wrote: »
    We have a chain of stores in Western Canada here that does sell extended warranties however they have an interesting twist they apply at the end of the term if you don't use it during the term.

    Simply put they refund the price of the extended warranty back to the purchaser in the form of in-store credit towards the purchase of new product. Not many do but they do and I've personally put it to the test a few times. They honour their policies to the letter, great company to deal with in fact. Same one I just bought my NAD from to be honest.

    VIsions?
  • polk500
    polk500 Posts: 1,171
    I agree, purchase lots off them over the years
  • Speakers no. There is really no use in it. Use those funds to get a better receiver or even maybe a better sub.
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  • mdaudioguy
    mdaudioguy Posts: 5,165
    The biggest benefit to extended warranties is to the seller's bottom line. Extended warranties give some consumers peace of mind. If you can't buy something without dreading that someday it will fail, then go ahead and buy yourself some peace of mind, too.

    I just love it when a salesman tells me how fantastic a product is before I've committed to purchasing it, only to turn around after I've decided to buy and tell me that I really should insure it with an extended warranty, as it's bound to break!
  • mdaudioguy
    mdaudioguy Posts: 5,165
    nbrowser wrote: »
    We have a chain of stores in Western Canada here that does sell extended warranties however they have an interesting twist they apply at the end of the term if you don't use it during the term.

    Simply put they refund the price of the extended warranty back to the purchaser in the form of in-store credit towards the purchase of new product. Not many do but they do and I've personally put it to the test a few times. They honour their policies to the letter, great company to deal with in fact. Same one I just bought my NAD from to be honest.

    That's actually pretty cool. Think about it - you've already given them that money, and they've incurred no costs against it. Kind of like buying a gift card, then using it years(?) down the road. So, it's no skin off their back, and they've potentially locked in a future purchase.
  • rpf65
    rpf65 Posts: 2,127
    Jamie26 wrote: »
    Sorry peeps. New to this forum and now have my second question. Best Buy recommended buying warranties. We bought their 9 year warranty and then found out that when we got home that the my T15's T30 and T50's already all come with a 5 year manufacturers warranty and my PSW125 has a 3 year warranty. Do you people recommend buying these warranties or are they generally a waste?

    I would have advised an extended warranty in this instance. Most speaker damage occurs because the owners over tax the equipment powering them. Sure plate amps fail on sub woofers, but not as often as many people think.

    I can see a tv or maybe an AVR, but that would be about it for anything you could buy from Best Buy. In general extended warranties just aren't worth the cost. One exception is if you buy a new air conditioning system, and a 10 year parts and labor warranty is available, buy it.