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Not necessarily - I just got a brand, spanking new laptop for €500 as the warranty paid out €1150 for my nearly-3-year-old laptop which had developed a recurring fault.Needless to say, the kind of warranties we are talking about are a very bad investment for punters.
Again, this doesn't conclusively prove anything. The 3 year warranty provides security at a cost. It is an individual decision as to whether that security is worth the cost or not.For white goods & consumer electronics the risk dips after a year, and then steadily goes up as the components wear out. I'm sure there must be a graph to illustrate this somewhere on the internet.
Just because Homer did it, doesn't inherently make it a bad idea. For example, Homer spends a lot of time sitting on the couch drinking beer & watching TV.Homer Simpson - "oooh! - Extended guarantee, I can't lose!"
What did you want proof of? - that it's a bad deal? Well that's pretty subjective. Is buying a can of fizzy orange for €600 a bad deal? - some people mightn't think so. You can't really get 'proofs' when dealing with statistics.Again, this doesn't conclusively prove anything.
Show me the data.White goods are far more likely to fail in the first year or years 3+ than they are in years 2&3.
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