Limited Warranties--Really, Truly
In case you missed this news item that my colleague, Jeff Turrentine, wrote in the last week's Home section, check out the latest news on appliance manufacturers.
What Turrentine noted is that major appliance manufacturers have quietly started trimming their warranty programs on refrigerators, dishwashers, dryers, etc. Instead of offering the traditional two-to-five year coverage for parts and labor, some companies will start offering only one-year warranties.
So, if you're in the market for a major appliance anytime soon, make sure you know the product's warranty details. If it's really short, it may finally be time to consider buying an extended option from the retailer--although up to now, most consumer experts have always discouraged them. Depending on how many caveats are in the extended warranty, it may still not be worth your while. Then again...
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