Are Warranties Worth The Price?

by LeaDawn on September 19, 2011

Do I really need a warranty?  Is it worth the extra money?  This is a question I often ask when making a purchase.  Last week Daniel and I were very grateful that we had purchased a warranty.

About two years ago, Daniel and I purchased a new printer on a black Friday deal at Best Buy.  We also purchased an extended 2 year warranty.

We soon realized that we should have followed Natasha’s advice and bought a laser printer instead of ink jet.  We rarely used the colored ink or scanner option on our all-in-one, and we went through black ink super fast.  In the 2 years we purchased 6 ink cartridges!

When the printer was about a year old, we started having issues with the print quality.  There were stripes on our prints. It was very frustrating to be paying so much for ink just to have poor quality prints.

In August we finally took the printer in to get it fixed.  When I called to get an update, I was told that our printer was too expensive to fix so they would give us a new one.

I was thrilled.  We had the option of getting a printer similar to our old one or in store credit towards a printer of our choice.  We were able to upgrade to a laser printer for $30!

We have only had it for a few days, but I am super excited about our Laser Printer.  It prints fast, high quality documents.  Instead of an ink cartridge that prints 200 pages, our new laser printer comes with toner that will print 700 pages! (That is for the included toner, a full toner cartridge will print 1,200 pages!) I am so excited to print coupons again.

(I just checked Amazon, and a Laser Printer like ours is on sale for $89.99. (40% off!!).  If you are in need of a printer, that is a great deal.)

Having a warranty on our printer proved to be very cost effective. If you are purchasing a high ticket item, I would recommend doing a little research to decide if a warranty could protect your investment.

What is your opinion on warranties?

 

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