how to
On his personal finance blog Consumerism Commentary, Flexo wisely advocates never falling for the extended warranty trap, instead setting aside the money you might have spent on the warranty and putting it into high-yield savings. The tactic lets you subsidize the cost of a replacement with interest, creating
your own extended warranty.
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repair
Reader Buddy has a lemon of a fridge that he purchased from Lowe's with an Extended
Warranty. The store keeps sending people out to fix the appliance, but nothing seems to work.
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api
If you asked us, we would recommend that you not buy a third-party extended warranty for your car. If the main selling point for said warranty were that you would receive a full refund if you never filed a claim...we'd suspect that something might go wrong with this plan.
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above and beyond
I asked Apple this morning to replace my broken laptop now that they've reintroduced the anti-glare option on their 15" MacBook Pros. Apple agreed, and soon a new laptop will leave China destined for my apartment. This isn't the first laptop Apple sent me this month. It's the second. Here's why...
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avoid
We were poking around the July issue of Consumer Reports (which, like Consumerist, is published by Consumers Union), when we noticed this little nugget of information. CR was investigating USfidelis, the auto repair coverage company. They called and asked about the coverage available for a 2002 Toyota Camry with 104,000 miles. When they asked if they could read the contract before signing up for the coverage — the answer was, "No."
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empty promises
HD Guru took a deeper look at the
extended warranties and
service plans Best Buy pushes on customers who buy expensive electronics like hi-def TVs. You probably won't be surprised to find out that
the fine print negates a lot of what the person or pamphlet on the sales floor will try to promise you—but you might be surprised at just how useless these plans can be when you get right down to it.
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advice
We know how you feel;
telemarketers suck. But no matter how much they're in the wrong, please don't threaten to burn down their place of business and then kill them and their families—even if they call you a jackass—because
they may report you to the police. Then, if your police are anything like the ones in St. Louis, Missouri, you'll likely be arrested and charged for making terrorist threats, like poor Charles Papenfus.
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insiders
An anonymous
RadioShack employee sent us what he considers unethical talking points distributed by the corporate office to help employees upsell the RadioShack Replacement Service Plan. According to our tipster, "each example encourages lying." Read the deceptive talking points, inside...
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warranties
Because of an
Apple technician's mistake, Gennadiy had two options for repairing his 2009
Macbook Pro: either pay $1240+tax to replace the logic board because Apple said water damage voided the warranty, or push the unseated cable back into place and prove that there was no water damage—which would void the warranty. Gennadiy took the second option and saved himself over $1300, but now has no warranty should something actually happen to the logic board that should be covered.
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warranties
We all know that most
extended warranties are wastes of money that generally go unused, so why do people buy them? According to a study in the Journal of Consumer Research, guilt-racked and nervous consumers are willing to shell out the extra cash to buy a little peace of mind...
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extended warranties
The Texas Attorney General filed suit against aptly named electronics retailer
Conn's, accusing the store of aggressively marketing
extended warranties to customers, then doing everything in its power to avoid honoring those warranties.
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saving
Want an extra $1,000? The Wall Street Journal has a list of seven things that you can easily stop buying without making drastic changes to your lifestyle.
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leaks
An anonymous
Office Depot employee sent us this internal reminder from HQ that addresses
this week's allegations that associates and managers lie about inventory depending on the customer. Now the next time you're told by an
Office Depot associate that the laptop you want is out of stock, you can say, "Are you absolutely sure? Because I know you had a Sales Practices Reminder on March 12th about lying to customers." And if a manager tries to get all up in, uhm, your grill area, you can say, "Don't you have some tasks to go check off in your Task Manager?"
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dirty tricks
According to LAPTOP mag,
Office Depot has implemented such a stringent sales quota program that the company has essentially broken the in-store laptop buying experience. If you don't buy accessories and extended service plans,
many associates will tell you the laptop is out of stock. Of course, this doesn't happen at
every Office Depot, but LAPTOP writes that they were surprised by the number of similar reports they received of it happening at multiple locations.
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extended warranties
By now, most people know about the dreaded Red Ring of Death issue on the
XBOX 360 — and the accompanying 3 year warranty. What many do not know is that that 3 year warranty only covers the "3 red lights" issue. If you get any other error code, you're out of luck.
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