Extended warranties in the UK are the cream for the salesmen. They
cost a bomb and are rarely used, I gather. I have not seen one for
exchanging serviceable goods.
Chris
~~ >-)-
C M I Barker
Cambridgeshire, Great Britain.
+44 (0)7092 251126
www.threeshoes.co.uk
homepage.mac.com/zuiko
On 1 Mar 2006, at 17:18, ScottGee1 wrote:
> Handled intelligently, extended warranties are very profitable for
> sellers unless something goes horribly wrong with a lot of products.
> Most people never file a claim so the profit on the piece of paper on
> which they printed the agreement is very impressive. I'm the guy they
> hate because, if necessary, I make claims that reduce that profit. A
> lot of people forget they bought them or misplace the paperwork and
> think they're out of luck. Same principle applies to gift cards that
> are lost/never get used. Lotsa profit!
>
> In the U.S., car companies/dealers are notorious for treating like
> dirt customers who do not buy extended warranties. Don't ask how I
> know that . . .
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