I would never buy an extended warranty on a small appliance. The hassle of getting a repairmen to your home, getting it fixed, and hoping that the repair will last all add up to more than the warranty is worth. For a microwave, I would simply use it for as long as it worked and replace it when it stops working. Over at HF, they wanted me to buy an extended warranty on a $20 reciprocating saw. I looked at the cashier and laughed! Then I asked how much? It was almost as much as the saw. I passed.
Most extended warranties are nothing more than insurance policies. Most are also based on risk assessment. Don't even think that the folks selling them have not done their homework.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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