[newgirl]

If someone wants to flip houses buying the home warranty is a steal. Most can't buy and start fixing things but flippers find issues right away and use the warrentys. All my flippers made money off the home warrentys.

[RuthA]

I have never been a fan of extended warranties, especially on automobiles. However, I have reconsidered that with the new cars which have dozens of computers that run everything from air pressure to lane changes, to cameras, to telling you when to pull over and take a break. If anything happens to any one of them, the fix can be $1000 or more.

[KRM0614]

Which credit card extends warranty
on purchases ? If it’s a V or MC who is the card through ?

[greenflash245]

I bought a 12 year p & l cover when the new system was purchased

[Curtisbwp]

Did NOT do the warrenty. My homw was built in 2006. No major problems. A couple of 100. Repairs.

[Marshaw]

Whenever someone tries to sell me an extended warranty I ask them is the warranty needed because you're selling me a piece of garbage that is the less quality. the request to buy usually fades away quickly

[mcwood4d]

We bought it, have had 3 repairs covered under warranty. 2 most recent repairs were after hours (2 hour minimum at 1.5x normal rate) and past the 5 year point. IMHO it will pay for itself upon the next failure. Stuff breaks, skilled labor isn't cheap...

[drrichard]

Originally Posted by vintageogauge

The last time I paid for an extended warranty was in 1981, I'm so far ahead of the game now that I most likely will never have enough repairs to come close to what I saved. One thing I do is use my credit card on items that have warranties as it doubles the warranty period at no charge however it does not apply to cars, boats, etc.

Which credit card is that? THANKS!

[retiredguy123]

Originally Posted by drrichard

Which credit card is that? THANKS!

The only one I know about is the Costco card.

[JohnN]

Originally Posted by pjackson8

I had a problem with my AC and Munn’s sent out 3 different technicians and charged me over $300 and never fixed the problem!
I have had good luck with JC’s AC. He came after I gave up on Munn’s and fixed the problem for less than $100. I’ve also heard a lot of good things about Chuck Farrell.

Chuck Farrell is not taking any new customers (at capacity) and suggests Kalos.
I had very good service from them - although they also have an "annual plan" that seemed pricey. I'll pay as I go.

[Ladygolfer93]

Originally Posted by retiredguy123

It's not worth it. Obviously, Munn's has priced it to make money. But, another thing to consider is that you will be locked in to having Munn's do all of your repairs for years 5 through 10. If your HVAC system fails in July, you want it repaired immediately. But, suppose Munn's can't come to your house for 2 or 3 days, or they come and need to order a part? I want the option to call someone else to do the repair. Munn's is good, but there are several other HVAC contractors available when you need them.

EXCELLENT analysis most would not think about. It "can" save a few people once in awhile to have an extended warranty, but on the whole as you pointed out, these are NOT developed for YOUR benefit; they are developed to increase profits for the provider at little (comparatively) risk to them, of course ! It's a business. Keep that in mind when considering them anywhere. I suppose I have been lucky with past AC units here and in other locations (Lennox & Trane), but all have lasted more than 15 years ! If the unit has multiple problems, maybe faulty or a "lemon" to begin with, the serious problems would show up in the first 5 years provided by the manufacturer I would think ! Like everything, depends on your individual circumstances regarding the $650 cost vrs. the possible benefit ?

[Ladygolfer93]

Originally Posted by JohnN

Chuck Farrell is not taking any new customers (at capacity) and suggests Kalos.
I had very good service from them - although they also have an "annual plan" that seemed pricey. I'll pay as I go.

I too have found Chuck Farrell to be prompt, reasonable, and compassionate with a balance of running a business and making a living but also understanding of "reasonable" and running an honest business. So many friends and neighbors have experienced paying, paying, paying, and nothing ever actually fixed. It takes LONG time and a great deal of checking (and not just in on line social media) to find out the REAL truth about a company or workman's ethics, training, and skills in diagnosing problems in AC and many other areas !

[THUNDERCHIEF]

Originally Posted by DAIII

Question for my fellow NEW home friends.
As you know you get a 10 year PARTS on the AC heat pump from CARRIER and a 5 year LABOR warranty from CARRIER.

Munns will sell you the last 5 years of labor (I think was 650.00) but you have to do it in the first 24 months of ownership. - which then takes you to 100% coverage for 10 years.

How many have done this extra coverage for the LABOR , last 5 years, anyone?
Worth It?

p.s. I hate extended to be 100% - but curious to see what others have done.

THANK YOU!

It’s only worth it if it breaks down, just like any insurance

I would say buy it if you can afford it. In five years who knows how expensive repairs could be and you might not be able to afford it easily then.

[Labanz]

Originally Posted by mauricelindsay78

I have the same guarantee from SunKol. My compressor failed after 7 years. The part was under 10 year guarantee but they charge me $711.00 for diagnostic and replacement labor. It took just about 1 hour to replace. When I questioned unreasonable labor charge I was told it is a flat rate and I should have taken their extended labor guarantee.

I am an AC contractor here in the villages and can state with 42 years of experience that a compressor cannot be changed in one hour. 3 hours minimum, usually 4 hours.

For that flat rate for compressor it’s not just labor. Includes shipping charges on compressor including back to carrier if they request it back, new refrigerant, new filter drier, brazing materials, nitrogen to leak test, vacuum pump oil and time to check out after installed.

Most companies up north charge over 1,000. 700 is a bargain.