Forum Discussion
mowermech
Sep 29, 2014Explorer
Extended Warranties are a sucker bet. You have to lose to win!
The Company is betting that you will pay them a lot of money, and have no claims.
You are betting that you will have all kinds of problems that will be covered by the policy, and will therefore get your money back in claim payments.
Remember, the Company will always make a profit. ALWAYS! If they don't, they will go out of business!
Of course, there is the "Peace Of Mind" aspect to consider.
How lucky do you feel?
The Company is betting that you will pay them a lot of money, and have no claims.
You are betting that you will have all kinds of problems that will be covered by the policy, and will therefore get your money back in claim payments.
Remember, the Company will always make a profit. ALWAYS! If they don't, they will go out of business!
Of course, there is the "Peace Of Mind" aspect to consider.
How lucky do you feel?
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