Numlock News: November 5, 2019 • Timber, Diamonds, Libraries
www.numlock.com
By Walt Hickey Extended Warranty Two researchers analyzed 45,000 electronics transactions from a major retailer from 1998 to 2004 related to prices and returns. An extended warranty on an electronic product cost 24 percent of the price, and consumers paid for them 20 percent to 40 percent of the time. Zeroing in on televisions, it’s not particularly clear that this is a good idea: the TVs failed 5 percent to 8 percent of the time, giving the retailers
Numlock News: November 5, 2019 • Timber, Diamonds, Libraries
Numlock News: November 5, 2019 • Timber…
Numlock News: November 5, 2019 • Timber, Diamonds, Libraries
By Walt Hickey Extended Warranty Two researchers analyzed 45,000 electronics transactions from a major retailer from 1998 to 2004 related to prices and returns. An extended warranty on an electronic product cost 24 percent of the price, and consumers paid for them 20 percent to 40 percent of the time. Zeroing in on televisions, it’s not particularly clear that this is a good idea: the TVs failed 5 percent to 8 percent of the time, giving the retailers