Quote:
Originally Posted by Easyrider
Quote:
Originally Posted by Easyrider View Post
One weekend or holiday service call on overtime for labor alone can cost you more than the entire service contract if you can even get someone to come out.
I would say most of us have home and car insurance and the contract is just basically insurance against the chance of your AC going down at the worst possible time.
How about reading the part in bold above, AGAIN. An extended warranty is just an insurance policy....to cover future AC failures should they occur. The extended warranty I have is transferable to a new owner if I decide to sell. Go with an established, reputable company that has been around for a while.
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Sorry, I'm still not convinced. I have never had an insurance contract on my A/C and I have come out way ahead, money wise. I've been living in The Villages since 1999 and so far have only spent a TOTAL of $450 for repairs and yearly check-ups (In other words, I never called for a yearly check-up). Contracts and yearly check-ups, over that period of time, would have cost me much more.
Can you find that one person who has a lot of bad luck with their A/C? Of course you can, but the vast majority of people will not have that kind of "bad luck". Do you have a contract on your refrigerator, stove, microwave, television and computer? And there's a contract you can buy for your gas line, in case you have a gas leak. With the money you save by not buying multiple contracts, you can well afford to pay for your own repairs and replacements.