Here is the story. It started about 4 years ago when I bough my first laptop from BestBuy. It was Toshiba Satellite 1800 and I paid for it $1099. It was a good computer for that particular time. The sales man offered me to buy an extended 3 years warranty to “protect my investment” for $249. It was a tough call for me because I was kind of short on money but I bought it anyway. I am so glad that I did it. Toshiba Satellite 1800 was not a very reliable laptop and during first 2 years it was repaired 3 times. After it broke the fourth time I took it to BestBuy and politely mentioned about “No Lemon” policy and they granted me a laptop exchange. They applied $1099 toward my new laptop. I bought Sony PCG-FRV26 and paid only the difference $1349-$1099=$250. They offered again to buy an extended warranty and this time I didn’t think a lot and paid $249 right away. Sony laptop worked fine for a year but then it started to break. First the CD-ROM drive stopped spinning, then the AC adapter stopped working and finally the laptop didn’t boot at all. I took it to BestBuy for repair and left it there. After that I was calling on status every 2 weeks trying to get my laptop back. Every time they were telling a different story why it is not repaired. Finally, after 2 months they called me and explained that my laptop would be replaced. The same evening I went to BestBuy and picked up my new baby Toshiba Satellite A105-S361 for $1199. It was cheaper then Sony laptop, so they just exchanged it and I didn’t have to pay anything. I love it! They tried to give me a cheaper laptop, but after I explained them how much I suffered during these months without my laptop they gave up.

Do you know where I go tonight? You are right; I’m going to buy an extended warranty again!

UPDATE: This article was written almost 4 years ago. Times are changing. Laptops are getting cheaper and cheaper every day. Now it doesn’t make sense to get the extended warranty unless you are buying a very expensive laptop.