are the most profit a company can make. Well documented that the seller of the plan makes 100% profit if the plan is never used.
The price of the plan is less than almost any laptop repair. Use it once and you've paid for it. But look at the fine print. Some plans have the option to cancel if the repair is more than the cost of the plan!
Hard decision with no easy answer.
This has probably been explored before, but I couldn't find anything too recent on this.
Generally, is Best buy's Performance Service Plan worth it? The laptop I'm buying is $850.00 (Canadian). The Service Plan is $229.00 for 2 years, and $299.00 for three.
Compared to the price of the laptop, the service plan seems pretty expensive. I've always heard that these plans are not worth it, but the salesperson gave me a hard sell and, against my better judgement, I found myself having second thoughts.
Any comments would be much appreciated.