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Extended Warranties Are a Bad Bet – Put the Money in a Repair Fund

Source: Money Crashers · Oct 19, 2026 01:45 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

That’s a much bigger cut than the store makes on the product itself, which is why salespeople push the plan so hard. According to Consumer Reports, two-thirds of in-store electronics shoppers and nearly three-quarters of appliance buyers say a salesperson... Source

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