Originally Posted by DKRITTER
I have read that 87% of any extended warranty was profit and commissions and only about 13% actually went to repairs. So about $2100 of your money went to some person and a little over $300 actually went to repairs. Me, I'll put a few bucks into an account to cover the actual repairs.
Best Buys best profit center is the warranties they sell at the register.
Equally that most extended ones beyond MFG only cover appliances and some other minor details, not all the things that break just went they this with my dealer and also Good Sam, the items not covered are quite a few also getting stuff done under extended warranty is rather difficult so I agree put $ aside for repairs but most dealers don't carry all the parts, I am dealing with this now
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