Choosing A Repair Shop Or Warranty In Chicago Bensenville Illinois For Camera Projector Video Ipod
Digital Cameras and Extended Warranties
You have a lot of options to consider when purchasing a digital camera: Resolution, camera size, camera color, and price, among others. For most people, though, the last option you'll have to consider has nothing to do with the camera, at least directly.
Chances are good that you'll be offered an extended warranty with your digital camera as you're ready to pay for the camera. So should you purchase an extended warranty for your digital camera? This is a tough call. Some people simply enjoy the peace of mind that an extended warranty provides; others feel like the extended warranty is an unnecessary rip-off. When making this choice, though, it helps to think about the problem logically and consider the facts. Here are some tips to help you decide whether you should purchase an extended warranty for your digital camera.
Always keep in mind that stores make plenty of profit from extended warranties. Think about it: Stores wouldn't offer the extended warranties unless they made a profit on them. That doesn't mean you shouldn't buy one, but it helps to know that the stores aren't offering extended warranties for any reason other than, as a whole, the warranties are profitable.
Always exactly understand what is covered and what isn't. If you have a tendency to drop your camera, make sure any extended warranty will cover accidental drops before purchasing it, for example. Don't rely on the salesperson to decipher the extended warranty's coverage areas -- read it yourself.
Always think about the overall cost of the extended warranty versus the cost of a replacement for a camera. If the camera costs $249 new and the extended warranty costs $99 annually, you may want to skip the extended warranty. That $99 could go toward the cost of a new camera, should the necessity arise. However, if the extended warranty costs $99 for three years of coverage, that's only $33 per year, for example, on a $249 camera, which a much better ratio.
Finally, know how the extended warranty will be fulfilled if your camera cannot be repaired. For example, if you purchase a three-year extended warranty, and the digital camera manufacturer discontinues your model in that time frame, how will the warranty be honored? Will you receive money toward a new camera, and will that amount be equal to the purchase price of your original camera or the depreciated value? Or will you be given a replacement, refurbished model of your original camera, containing three-year-old technologies? Such items are key to determining whether the extended warranty is advantageous for you.
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