Extended Warrenty???


I recently puchased a 65" Mitsubishi big sceen TV. The dealer was really pushing the extended warrenty (5 years for about $350). Are these necessary? Helpful? Do you really need to clean/realine these every year? Any thoughts would be appreciated as I can still get in on it before the TV is delivered. Thanks!
revdog
Extended warranties are for the rich, the fools, or better yet they are for the rich fools.

The only reason this schmo wants you to buy the warranty is because he gets a healthy commission from it. You'd be better off just handing him a couple hundred bucks directly and forget about the warranty.
While I am neither a fool nor rich its nice to see an opposing viewpoint even if I don't happen to agree with it.
Extended warranties are nothing but a retailers attempt to part you with more of your hard-earned money. Don't buy them unless you're extremely faint of heart.
for 13 years, i worked as an attorney and manager for the u.s. federal trade commission. one of the most frequent questions our paralegals received was: "are extended warranties worth buying"? the standard answer was: "no, unless they are offered directly by the manufacturer." still true. as others have said, they are really disguised extra profit margins. just like "credit life" policies offered by mortgage companies. -cfb
Kelly- I guess I feel a little better about the warranty I purchased (given the roar of disapproval...) as the TV I bought was from our local Sony Store and therefore the warranty is thru them.