Squaretrade

Serious Business 19 replies 258 views
Ytowngirlinfla's avatar
Ytowngirlinfla
Posts: 2,295
Apr 13, 2012 12:39am
Anyone ever buy their warranties or actually use the warranty? Finally purchasing my tv tomorrow and a 3 year warranty is $30 cheaper then at the store.
I
I Wear Pants
Posts: 16,223
Apr 13, 2012 1:14am
Squaretrade is reputable. I don't usually buy warranties but if I did Squaretrade would be one of the places I'd look.
Ytowngirlinfla's avatar
Ytowngirlinfla
Posts: 2,295
Apr 13, 2012 1:21am
I Wear Pants;1143205 wrote:Squaretrade is reputable. I don't usually buy warranties but if I did Squaretrade would be one of the places I'd look.
I don't either but for a tv I will. I want to get at least 3 or 4 years out of it. And I have a $30 off code that I just got emailed to me.
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gut
Posts: 15,058
Apr 13, 2012 2:09am
My theory is this: Unless you plan on moving the tv a few times, it's a waste of money. Electronics, generally, fail sooner rather than later. The store will usually cover all for 90 days, and the mfr usually for the remainder of the year (at least on parts). That's more than sufficient. You need only look at the ridiculous margins on warranties to see how overpriced they are. Your tv will more than likely still be going strong after 8+ years.

And I know the thought process - $200 on a $1200 tv is "good" insurance and piece of mind. Reality is probably 1 out of 50 warranties are claimed, if that. You've got a 2% chance of losing $1200, vs a 100% chance of losing $200. If you make that bet in Vegas you're an all-day sucker.

I don't buy warranties. I've gotten burned once - net net I'm way ahead.
wes_mantooth's avatar
wes_mantooth
Posts: 17,977
Apr 13, 2012 5:40am
I don't buy warranties either, but I have heard nothing but good things about squaretrade
Raw Dawgin' it's avatar
Raw Dawgin' it
Posts: 11,466
Apr 13, 2012 7:40am
Suckers buy warranties
OSH's avatar
OSH
Posts: 4,145
Apr 13, 2012 8:09am
No warranties here.

I also think that only getting 3-4 years out of a tv is terrible. Why not more? I have had a tv for 8 years and still going strong. It's had moves from Ohio to Kentucky to South Dakota to Ohio. No problems. Take care of your stuff and that'll happen.

No reason why electronics can't last for awhile.
I
I Wear Pants
Posts: 16,223
Apr 13, 2012 9:20am
Like I said, I don't buy them but if you're inclined to buy a warranty Squaretrade is not a bad option at all.

I had a Zune that was covered under them that I bought off Ebay and it needed fixing once and it wasn't a hassle at all.
sleeper's avatar
sleeper
Posts: 27,879
Apr 13, 2012 10:23am
Don't use it, never will, don't buy warranties.
Commander of Awesome's avatar
Commander of Awesome
Posts: 23,151
Apr 13, 2012 10:29am


Homer: "Extended warranty? How can I lose?"
Moe: "Perfect."
McFly1955's avatar
McFly1955
Posts: 1,441
Apr 13, 2012 12:10pm
I've bought from them, been a few years though...never used.

Bought one for plasma TV like 4 years ago, and bought one for PS3, also around 4 years ago..
Ytowngirlinfla's avatar
Ytowngirlinfla
Posts: 2,295
Apr 13, 2012 12:52pm
It's $45 for 3 years and $60 for 4 years. It's not like best buy where you are paying in the hundreds for a warranty. I'll definitely spend a little bit more money to get piece of mind after the 1 year warranty. Electronic's aren't made to last these days.
sleeper's avatar
sleeper
Posts: 27,879
Apr 13, 2012 1:02pm
Ytowngirlinfla;1143523 wrote:It's $45 for 3 years and $60 for 4 years. It's not like best buy where you are paying in the hundreds for a warranty. I'll definitely spend a little bit more money to get piece of mind after the 1 year warranty. Electronic's aren't made to last these days.
Exactly the kind of customer they are looking for. Looks like Squaretrade has marketed and priced themselves properly.
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MontyBrunswick
Apr 13, 2012 1:35pm
You can sometimes find cheaper coupons on retailmenot. I bought an extended warranty for my Roomba and it came out to 20 or so
Raw Dawgin' it's avatar
Raw Dawgin' it
Posts: 11,466
Apr 13, 2012 1:54pm
Ytowngirlinfla;1143523 wrote:It's $45 for 3 years and $60 for 4 years. It's not like best buy where you are paying in the hundreds for a warranty. I'll definitely spend a little bit more money to get piece of mind after the 1 year warranty. Electronic's aren't made to last these days.
Have you ever dealt with any customer service? Bitch and moan enough and you'll get what you want, customer is always right.

Good friend of mine made a woman at Microsoft cry when his xbox broke - needless to say they sent him a new one.
Ytowngirlinfla's avatar
Ytowngirlinfla
Posts: 2,295
Apr 13, 2012 2:01pm
Raw Dawgin' it;1143577 wrote:Have you ever dealt with any customer service? Bitch and moan enough and you'll get what you want, customer is always right.

Good friend of mine made a woman at Microsoft cry when his xbox broke - needless to say they sent him a new one.
I'd rather pay $40 then have to bitch out some customer service. Just not that kind of person.
M
MontyBrunswick
Apr 13, 2012 2:01pm
Good friend of yours is a dick for making some random CS rep cry.
Raw Dawgin' it's avatar
Raw Dawgin' it
Posts: 11,466
Apr 13, 2012 2:05pm
dlazz;1143582 wrote:Good friend of yours is a dick for making some random CS rep cry.
Yeah I'm just not that kind of person.
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gut
Posts: 15,058
Apr 13, 2012 2:10pm
Yeah, that's bush league. You can certainly get what you want from a CS rep without having to go so far as to make her cry.
Raw Dawgin' it's avatar
Raw Dawgin' it
Posts: 11,466
Apr 13, 2012 2:13pm
gut;1143593 wrote:Yeah, that's bush league. You can certainly get what you want from a CS rep without having to go so far as to make her cry.