Are Extended Warranties Worth It?
Cost Comparison: Shop Around for Extended Warranties
Service plan costs vary--and you need to be aware of coverage overlap. For example, warranties from Best Buy, Circuit City, and CompUSA/Good Guys overlap a manufacturer's warranty period, meaning you're paying for double coverage.
| Company | $2500, 42-inch plasma HDTV | $400 digital camera | $125 inkjet photo printer | $40 DVD player |
| Best Buy | $400/3 years | $60/3 years | $30/2 years | $40/3 years |
| Circuit City | $500/2 years | $80/3 years | $30/1 year | $10/1 year |
| CompUSA | $600/3 years | $50/2 years | $25/1 year | $20/1 year |
| Dell | $549/4 years1 | $59/2 years | $37/2 years2 | n/a |
| Wal-Mart3 | $388/3 years | $44/3 years | $19/2 years | n/a |
| CHART NOTES: Prices given are for comparable products; not all stores carry the same brands. Warranty periods listed are in addition to the manufacturer's coverage. n/a = not applicable.FOOTNOTES:
1 Total warranty length; it is a Dell product. 2 A two-year warranty on a Dell printer is $29. 3 Minimum product cost for warranty eligibility is $50 on the Web site and $300 in stores. |
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