What's a Warranty Worth?

If you've purchased anything from a big box store, you've been subjected to at least two recommendations, (perhaps even three!) to purchase an extended warranty. Normally these warranties can cost 20-30% of the cost of the product you just purchased....it certainly is not unusual to see a $30-$150 price tag on the warranty. This is a good time to remember that every Crosley major appliance includes an extended warranty at no extra charge! In fact, Crosley appliances include a TEN YEAR warranty on the key component of that appliance...for instance, the compressor on a refrigerator. A relatiave of mine was just presented a bill for $400 to replace a compressor on a non-Crosley refrigerator! So, it can be a significant savings. If you're interested in longevity, or you have appliances in rental property, Crosley makes a very strong case.