If you buy one for one product, you probably need to buy one for all products. If you don't buy one, then you should never buy one. I tend to buy them if it's a complex product, and the warrantee doesn't cost too much. In some cases, it pays off. I've had a used car's engine and transmission rebuilt, and a portable computer replaced. However, I've also had many items that never had a problem. Thus, my guess is that you tend to break even at best if you consistently made the same choice. The warranties are obviously lucrative for the stores.
I'm ready to buy a new videocam and have not been pleased with the standard warranty that now comes with videocams. Extended warranties are offered. Questions are:
1. Are these just another way of ripping off the consumer or are they really worth it?
2. Has anyone ever bought and had to use it? If so, what were your experiences?
3. Are there any diffences among the various brands of warranties?
4. What are the most common problems with videocams that I can expect to deal with after warranty?