Warranties

Quite likely better deals elsewhere: the shops make a significant part of their profit from warranties. But do you really need one? You'll get a year's free warranty anyway (and, IIRC, a "3-year" extended warranty quietly includes this first year), so what do you reckon is the chance of a breakdown within the extension period, and what would it cost to get it fixed by a local tradesman? It's been suggested that you put the "warranty money" in a pot whenever you're tempted; the theory is that the pot will always have enough for repairs.

Bwahahahahaha. Extended warranties are huge rip offs, there have been many reports detailing this. get a barclaycard and buy it with that, gets you an extra year IIRC on goods like dishwashers. I know I am going to regret saying this, but there isnt much to go wrong with a dishwasher anway. Its got a pump and a heater and a timer and thats about it.

Oh no it won't. On average? Yes. Always? No.

When I bought a washing machine from Comet, I was quoted £220 for a 5 year warranty on a £280 machine.

I chose not to take them up on this offer for two reasons.

1. If you put £220 in a mini cash ISA for 5 years at 5%, you will have the £280 cost of the machine.
2. Statistics show that the average repair cost for a washing machine is somewhere in the region of £65, and around 93% of machines won't need a repair in the first 5 years. So the actual cost to Comet of providing this warranty is around £4.55

Selective snipping disease .. read the rest of my post.

The 1979 Sale Of Goods Act, contrary to popular belief, does not give you a "guarantee" or "warranty". That's what you can buy from the manufacturer, if you want extra protection. The Sale Of Goods Act protects you for up to 6 years from faulty hardware. If you buy a washing machine for a good few hundred pounds and it breaks after a couple of years then it was a dud. You wouldn't knowingly buy something that'd break do so quickly, would you? Of course not.

If anyone buying stuff in the UK ever has any trouble getting a full refund from the retailer in this situation, then ask the manager, and if he isn't familiar with UK law then approach their head office directly, or contact Trading Standards.

Extended warranties/guarantees are just a way for high street retailers to make a quick buck out of people's ignorance.

but you may have to go for 3 years without a working dishwasher while the interest accumulates :-)

Phil

I did. You said "expect to pay more than you get back, since the insurer always makes a profit over the long haul". That is not the same thing at all as "the pot will always have enough for repairs".

It's the essence of gambling. The occasional punter may win, but the bookie always makes a profit in the long run.

have you checked the price at empire direct

or other internet retailers? you can almost certainly save money compared to comet.

extended warranties are usually a con.

you can often buy an extended warranty that is sanctioned by the manufacturer. details are sometimes supplied with a new machine

I dont know how much comet want for a warranty, but as you will know a warranty is likely to cost you more over the long term that what you save, but it does offer piece of mind for many people.

1) A 5 year policy from say comet is usually 5 years including the manu warranty that is at least 12 months (sometime 2). You are therefore really only buying an extra 3-4 years of cover. 2) Get a barclaycard. You will get a free extended policy that starts after the manufacturers warranty finishs. This is fee and gives 12 months free for items between 150 and 499 and two years for items over 499 or: 3) If you still want a extended warranty buy it from a third party company such as warranty direct or who quote 23.27 a year to cover a 280 washing machine for a year. This is 93.08 for 4 years cover (5 with manu warranty) compared to 220 for the quoted example.

Which piece of their mind does it offer?

Bitstring , from the wonderful person snipped-for-privacy@isbd.co.uk said

Clearly the peace that does homonym checking after spell check is through, since that's the peace most people lack. 8>.

Hmmm, well its replacing a then brand new dishwasher that broke down twice in the second year! The two call outs cost more than a 5 year warranty and I think a warranty would have replaced the pronounced-dead one.

Roland.

The engineer said an overflow prevention mechanism had broken down. This was two years into its life. However, it was a sub-200 Indesit if I recall. Does that count in this 6 year clause?

Thanks,

Roland.

"Roland Watson" wrote

Did you ask the original retailer to replace it FOC under SOGA?

If he did, they probably told him to FOC off.