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Photography > Digital > Re: Extended Wa...
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Re: Extended Warranty

by "Joseph Meehan" <sligoNoSPAMjoe@[EMAIL PROTECTED] > May 11, 2008 at 10:13 AM

I would say the real question is should you invest in an extended 
warranty (they are really insurance policies).

    Consider that on average over 50% of what you pay goes to profit the 
salesman, the store, the insurance company  and others in the chain.   The

remaining 50% goes for the servicing of the insurance policy.  Of that
some 
part goes to pay the overhead of the insurance company and profits.  Some 
small part of what you pay goes into the fund that has to pay for any 
covered repairs.   In addition, if you have a covered problem, they you
are 
stuck with whatever remedy they chose.

    Save your money, put it in a savings account and know that over time
you 
will have more money going in than coming out of that account.  In other 
words, self insure and keep the profits and overhead that would otherwise
go 
to the insurance company, salesman and store.

    Same goes to all such extended warranties.  Self insure and keep the 
difference.

"Webgirl Wendy" <webgirlwendy@[EMAIL PROTECTED]
> wrote in message 
news:14192-482667A7-654@[EMAIL PROTECTED]
> Given that digital cameras depreciate rapidly and that some repairs may
> be very costly, should I invest in the extended warranty when purchasing
> a new DSLR camera body?
>
>



>


-- 
Joseph Meehan

 Dia 's Muire duit
 




 8 Posts in Topic:
Extended Warranty
webgirlwendy@[EMAIL PROTE  2008-05-10 23:27:35 
Re: Extended Warranty
"Joseph Meehan"  2008-05-11 10:13:07 
Re: Extended Warranty
ray <ray@[EMAIL PROTEC  2008-05-11 14:15:52 
Re: Extended Warranty
Jürgen Exner <jurgenex  2008-05-11 14:22:02 
Re: Extended Warranty
John O'Flaherty <quias  2008-05-11 20:42:37 
Re: Extended Warranty
C J Campbell <christop  2008-05-11 08:43:00 
Re: Extended Warranty
Dave Cohen <user@[EMAI  2008-05-12 02:43:45 
Re: Extended Warranty
Allen <allen@[EMAIL PR  2008-05-12 10:08:35 

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tan12V112 Wed Dec 3 16:47:01 CST 2008.