It is no secret that "extended warranties" (EW) by and large are nothing more than a big "cash cow" for most companies. They do not push them because they have a sincere desire to replace the product should it go belly up. They push them because they make much more profit on EW than on many of the items that they sell. I do not purchase EW in most cases. I look for products that carry good warranties in the first place. Here is the fuzzy math that will incourage you to NEVER waste your money on one of these over priced cash cows again. Let's say they sell an upper end laptop computer for $1,000 (their cost is less). If they have a failure rate of 5% it means 5 out of 100 that they sell is going to have some type of problem during the warranty period. If they charge just $200 for an EW, that is an extra $20,000!!!!! Place that extra money in an interst bearing account and the interest alone may pay for the failures.It is insane when you run the numbers and see what they are REALLY up to when they try to make you think an EW is to your benefit. If you stop buying EW's, if would force them to either sell better quality products or go belly up.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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