Thoughts on Extended Warranty

What does a new machine cost, and how long should it last? How much is that per year? This policy is £66 a year, undoubtedly more expensive.

People should learn basic maths.

NT

Against. Unless it is a fancy heatpump machine your basic electric dryer is as cheap as chips to replace. Over £60 a year would be better off in your own bank awaiting the day when you need to replace it.

On the whole dryers are pretty reliable machines (except when they're bursting into flames).

Tim

I would guess that, if you examined the small print, you would find that yo u would be purchasing a whole year's warranty on credit and the monthly pay ments were actually monthly loan repayments rather than paying for each mon th individually. Therefore if the machine was replaced and the warranty com pany held that their contractual obligations were fulfilled, you would stil l have to pay off the loan.

Unless you have documentation that says so, I would not assume that you wou ld get a warranty with the replacement machine.

Mike

If you'd stuffed a fiver a month in a shoebox since the machine's original 1 year warranty expired, you could go out and have your choice of many Hotpoint 7/8kg condenser dryers now ...

Or even a proper gas one. ;-) Of course getting gas installed where you want it might make it unviable.

Tim

True. But not the question I posed.

Well, there is no mains gas in the village, so that's out. I don't know if they even do Calor Gas dryers, an interesting thought. But I'm happy with electric anyway.

Agreed, on both counts.

I had already assumed that any such warranty was more likely to benefit the company offering it rather than me. I have no intention of taking it up, I was mainly interested in the part about the requirement to pay unpaid premiums if they replaced the machine. I think Mike has the correct answer.

But you should infer that I'd put the money towards a new one which will be required eventually, rather than pay a warranty.

The answer given implies the answer to your question. Which is don't.

Looking at the figures for heating, LPG is still way cheaper than electricity. Dunno how it would compare with a heat-pump based electric machine though. Installation cost (if you don't already have lpg would rule it out I guess. LPG machines do exist though.

Tim

n-gas-lpg-7kg-white.html

Interesting. We have 19kg bottles for cooking, but they are a fair way from the utility room, so would need a fair bit of piping work. I really can't be a....d.

No thank you.