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Old 08-07-2011, 04:47 PM   #1
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warranty on new electric awning

I am having an electric awning installed and wonder should I buy the 3 year warranty that CW offered.... I wasn't going to but after some previous posts I'm thinking it might be a good idea... thanks for any advice.
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Old 08-07-2011, 06:00 PM   #2
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You don't mention the factory warranty or the cost of the CW extended, but my rule of thumb is never to buy one of these things. When they first came out, at least when I first encountered them, in the 70's, they were cheap. Now they are at least 10%, often more, on most things, less of a percentage but thousands on automobiles, where, of course, they usually wiggle out of paying for any problem you actually have. Think about it. Ten percent kick on everything you buy. How many things do you own that failed where you wish you had pruchased one? For me, only one things, constantly. And I DO buy warranties on them usually. Vacuum cleaners. So unless you are exceptionally unlucky with your pruchases, refusing them for a couple years saves enough money to enable you to repair or replace a failed item with just a portion of the $$ you've saved. I think it's a sucker's bet. Just my bias.
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Old 08-07-2011, 06:20 PM   #3
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I don't buy the warranties either but this is all new to me so I just wanted some feedback for the awning. Thanks
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Old 08-07-2011, 07:00 PM   #4
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I have never liked extended warranties. They always seem to be way over priced.
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Old 08-07-2011, 09:31 PM   #5
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Most of that stuff has a 1 year warranty. Most credit cards double the warranty - so you are basically paying for year 3 only....I just can't make the numbers work to make it worth it....
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Old 08-08-2011, 12:34 PM   #6
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Thanks so much for the feedback & I didn't realize that credit cards double the warranty.... sure gonna check that out with my card company! Again thanks everyone!
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Old 08-08-2011, 12:42 PM   #7
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A lot, but not all will double the warranty. I buy bigger ticket items with that card. They have fixed or replaced my truck tool box, Dvd players, GPS, netflix player, etc...It is a really good perk to take advantage of.
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Old 08-08-2011, 02:30 PM   #8
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Those that do double the warranty usually have a cap on the length of time added, typically a year.
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Old 08-08-2011, 03:13 PM   #9
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Lady Fitzgerald, that sounds reasonable...
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Old 08-09-2011, 08:11 AM   #10
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I bought an extended warranty from CW when I had to make a claim they could not find the paper work... even showing my bill for it did not help.. My sympathies on the electric awning if it is a Carefree of Colorado one ... they are HOS... and Carefree is a major pain to deal with...
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