[ale] I'm confused

[Tom Freeman]

Disclaimer - IANAL, nor do I work associated with retail operations.

My understanding is that for most situations the extended warrenty
offered at time of sale is almost pure profit for some company. I am
sure that there are times and conditions where an extended warrenty
makes economic sense but I personally don't know what those
conditions might be.

That said, prorating the warrenty in case of a totalled wreck
seems like a nice gesture at least.

As usual, YMMV and probably does.

On Thu, 18 Nov 2010, Michael Potter wrote:

> When I bought my car they offered me a 7 year warranty for $N.
> I asked what happened if I totaled my car and I did not need the
> warranty.  They said they would give me a prorated return on the $N -
> $50 fee.
> That may sound good, but the car comes with 5 year warranty.
> They are on the hook only the last two years, but if you return the
> warranty, they prorate from the beginning.
> I said no thanks.
>
> FWIW: Apple has the same deal on their 'AppleCare'.  It starts from
> when you bought the computer.  There is no way to get it extended.
> Apple goes out of their way to make that clear.
>
> On Thu, Nov 18, 2010 at 9:50 PM, Chris Fowler
> <cfowler at outpostsentinel.com> wrote:
>> On Thu, 2010-11-18 at 21:21 -0500, Chris Fowler wrote:
>>> I went ahead and bought a 2Y warranty from HP so that I will not have
>>> to
>>> buy her another laptop until BF of 2012.
>>
>> Okay here is the funny story.
>>
>> They sold me a 2Y Extended Service Plan.  That plan starts the day of
>> purchase!  I was not informed of this.  When I got the email that stated
>> 11/28/2009 -> 11/28/2011 I was furious.
>>
>> I've been on the phone for 30 minutes and I have to call back in 24
>> hours to cancel the transaction.
>>
>> Why would I pay $99 for a 2Y warranty with 1 year already gone?  Does
>> this make any sense?
>>
>>
>>
>>
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