Normally, I am verrrrrrrry suspicious of extended warranties. As a rule, I am outwardly contemptuous in the faces of comission-grubbing salespeople who mention extended warranties to me.
With one notable exception.
Three years ago I purchased a washer and dryer. Extended warranty for the dryer? No thanks. If it breaks and I'm broke, I'll hang the wash to drip-dry.
Extended warranty for the washer? A vision of mountains of unwashed laundry appeared to me, as the commission-grubbing salesperson noted that, on average, washers break down much more often than dryers do. Okay, I think. Maybe, this once, it's not such a bad idea.
Guess which appliance has never once broken down?
And guess which appliance needed its second-in-three-years $300 repair this morning?
Hint: I DIDN'T HAVE TO PAY A SINGLE CENT.