Get all the facts before buying extended warranty

By Dave Segal

POSTED: 01:30 a.m. HST, Mar 25, 2012

~~<p>Question: Consumers are often asked whether they want to purchase an extended warranty when they buy a product. Are extended warranties worth the money?</p>
<p>Answer: When you purchase most consumer products such as a car, a major appliance or an electronic device, you must be informed under federal law if the product is covered by a written warranty from the manufacturer. Federal law requires that the manufacturer’s warranty be available for you to review before you buy. A manufacturer’s warranty is already included in the purchase price of the item.</p>
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Question: Consumers are often asked whether they want to purchase an extended warranty when they buy a product. Are extended warranties worth the money?

Answer: When you purchase most consumer products such as a car, a major appliance or an electronic device, you must be informed under federal law if the product is covered by a written warranty from the manufacturer. Federal law requires that the manufacturer’s warranty be available for you to review before you buy. A manufacturer’s warranty is already included in the purchase price of the item. Login for more...