We are purchasing an LG washer and dryer that are front-loading machines. I have had regular Whirlpool machines for 8 years with no problems. Since my new machines have more bells and whistles, I was wondering if a warranty would be worth it. We have a choice of a 3 year warranty for $300 or a 4 year for $378. The manufacturer's warranty is good for one year. So should I spend the money to get an additional warranty, or hope the maintenance holds up?
2006-10-16 08:19:54 · 11 answers · asked by katzetex 1 in Home & Garden ➔ Maintenance & Repairs
No. The extra warranties are a gimmick to get more money, most washers and dryers if they have problems will show them during the regular warranty period; plus you generally pay one year that you don't even get since it is dual covered by the regular warranty.
Sold washers and dryers, did not sell many warranties becuase it was unethical.
2006-10-16 08:26:00 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You seem to be worry about the quality of your washer and dryer. I bought also LG 2 years ago and did not expend the extra money. I still thing it could be a mistake, even when I had had no problem with them. But my siter bought the same in Detriot, since I liked so much, and last week her dryer went for a repair.
I have my 3 sport loving children and my wife´s grandmother. She lives alone.
Since you only have the option of buying or not the xtended warranty... just consider the possible for 4 situations and grade how clever you fell in each case from one to ten:
1- You pay the warranty and nothing bad happens.
2- You dont and nothing bad happens.
3- You pay and save a lot on repairs
4- you don´t pay but the things broke
This is not about money, this is always about you and your decisions confronting you!
Mathematically, your decision shoud be based on the $300 extras spend repairing the unit if you dont pay and it gets broken. Would the usual repairs would go much on top of the $300? Do you feel the $300 during say, 1 or 2 years would give you enough extra interests to even pay for a new one?
Its your turn....
2006-10-16 09:14:47 · answer #2 · answered by TuyoMio.com 3 · 0⤊ 0⤋
Consider this : You get usually the first year covered by the maker. If you sign up for the extra warranty policy -- who will do the work -- is labor also covered -- where does the serviceman have to come from ,and how long before the repairs are completed -- will a return trip be necessary if needed parts are not in stock -- what if the repair fails. So you see--there are issues to be considered. Also consider how far that extra $300 to $378 would go toward any future needed repairs, if any. Do you have a local repair shop around town? Ask them if they have a "service contract" program to offer for comparison. A local guy would propably give the best deal I would think --- He has to live there--so to speak. Also consider the interest you will pay on top of the cost -- which will booste the final cost higher. In the end -- the decision is yours.
2006-10-16 09:02:03 · answer #3 · answered by Spock 5 · 0⤊ 0⤋
I personally think it is a good idea to purchase warranty on your larger appliances. I have a warranty for mine and glad I have. Things did start to go wrong with my washer in the last year of my warranty. I had taken it out for five years. It turned out it was the drum. Then I had to have them back for another problem, and they actually couldn't fix the problem, so they riembersed me with a brand new washer. I have also taken a five year warranty out on this one. I have done the same with my dishwasher. The thing is you can't guarantee nothing will go wrong. The chances are that if you don't take it out it will be sods law that something will go wrong with it. Just check out the small print on the warranty before you purchase it.
2006-10-16 08:31:43 · answer #4 · answered by Maggie 1 · 0⤊ 0⤋
YES! I bought a front load Maytag three years ago and bought the extra 5-year warranty. I think it cost me about $300. Last year my washer had a problem-something with the valve. The repair guy told me that if I did not have the warranty, that one repair would have cost me $375.
When you buy a piece of equipment with so much electronics you need to buy the extended warranty. Any electronic component is expensive to replace and lets face it- they just don't make things as durable as they used to.
2006-10-16 08:30:10 · answer #5 · answered by MagPookie 4 · 0⤊ 1⤋
Good question !
In this situation, the warranty is too high ! Shop around for
a better deal !
The fact is, any extended warranty is nothing more than
money for the dealer !
Then again, it's a machine, it works when it wants to !
2006-10-16 08:32:26 · answer #6 · answered by Swamp T 3 · 0⤊ 0⤋
Most devices today have a date of manufacture stamped on it somewhere. Usually on the name plate. If you can go look at the washer/dryer set, then look for the name plate that will have this information. Places to look for the plate are: in the back, inside the door, or sometimes under the main chassis pull-up top.
2016-03-28 11:57:25 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Never a good idea. Appliances generally last you about 10 years. If the ten years expires and it dies, throw it. If an expense greater than $100 ocurrs after only eight years, throw it. If a major break-down happens within the first five years, ***** til it reaches management. Make certain that they understand how "done" you are with their company! .............and above all, steer clear of GE.
2006-10-16 13:17:42 · answer #8 · answered by fibreglasscar 3 · 0⤊ 0⤋
no. Often the store will encourage you to get a warranty only because they get commission on it. When you get an extended warranty, it often won't cover what broke anyways, so what is the point?
2006-10-16 08:34:12 · answer #9 · answered by Anonymous · 0⤊ 0⤋
If you have an extra $300 and it make you feel safe go right ahead, but I do not think you need to do it...
good luck
2006-10-16 08:21:49 · answer #10 · answered by James 3 · 0⤊ 0⤋