Friday, October 21, 2011

#57 - Warranty Phenomena

There is a strange phenomena out there that seems to happen more often than not: warranty phenomena.  You know what that is.  You buy a car.  It has a 3 year warranty.  Nothing happens to the car in those 3 years.  But the day after the warranty is up, BAM! Your head gasket blows and you need a new one or you cannot drive your car. Cost: $1,000. You buy a computer with a 1 year warranty.  Works fine for a year.  The week after your warranty expires, so, too, does your computer. You buy a kitchen appliance like a stove or refrigerator.  You pay for the extended warranty.  This covers you for another 2 years, for a total of 3 years.  Your drinks are cold for 3 years.  The month after the extended warranty runs out, so does the refrigerant from your fridge- all over your floor.  So, now you not only have to get a new fridge, but also a new floor!  Personally, I think it's a conspiracy between manufacturers and insurance companies to bilk the public out of money, as if they weren't getting enough of our money already.

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