The skinny on Extended Warranties
Lets share some info (not judgment). What plan do you have? Where did you buy it? What was the cost? (if we tell the truth here it will benefit many people. If we lie to make ourselves seem...
Forum Discussion
Bird Freak wrote:Nomadac wrote:Who Cares? Makes no difference to post.
Correct terminology is Service Contract.
There is a huge, HUGE legal difference between a warranty and a service contract.
And, reality is that almost nobody sells a true extended warranty. They sell service contracts, and play with the wording to try to make people think they are buying an extended warranty, when they really are not. They are buying a contract that covers repair or replacement for specific items, in a specific timeframe, and frequently under very specific conditions. All of which are specified by the contract writer, not the buyer.
That is why any time the word 'extended warranty' is mentioned, somebody corrects it, reminding folks that we are really talking about service contracts.
