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  1. Does It Make Sense To Purchase Extended Product Warranties?

    [img]https://image.winudf.com/v2/image/Y29tLndlbGZhcmVwaG9uZWFwcDAwMS5hcHBfc2NyZWVuXzBfMTUzNzkzMTQ5OV8wNDM/screen-0.jpg?h=500&fakeurl=1&type=.jpg[/img]
    Ultimately, the numbers spell out why prolonged warranties are often a losing proposition. On common, for every $100 spent on an extended guarantee -- which, in 2004 totaled $15 billion within the United States -- solely $20 finally ends up being spent on repairs or replacements for defective objects. The opposite $eighty finally ends ...
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