Should you buy the extended warranty for washing machine?

[Outdoorsygal]

The other day, the heating element failed on our oven. I'm guessing that would be something covered by an extended warranty. We don't have a warranty, of course, because I would never buy one and we've lived here for over 22 years. In fact, according to the information plate, the oven was manufactured in 1987. So I got home from work at 3:30 and called a local appliance parts store. They had a replacement element for $39. I hopped in the car, picked up the part, came home and had it installed in time enough to bake a couple of pizzas for dinner.

Instead of wasting money on extended warranties, just put those dollars into your EF. If something breaks, pay for the parts to fix it yourself if you can. If not, use the money to pay a repairman or to replace the item entirely. You'll absolutely come out ahead over the long run.

I used to work with a woman who was lousy with money. Several times she talked about how she had coverage on pretty much everything in her house. A couple of times she raved about how something broke and it cost her "nothing" to get it fixed because she had a warranty on it. Of course, she never thought about how much she had spent for all of those warranties over the years vs. what the couple of repairs that actually got done would have cost out of pocket.

Good for you!
did you automatically know how to fix it or did you use a youtube video?
I am under the impression the new parts for older models are very reasonable compared to the new computer parts for newer models.
My husband fixed the heating element in our dryer a few months back. Offhand I don't think he bought anything for it since it was completed so fast.
Maybe all he did is clean a filter or something akin tot hat.

[disneysteve]

That's fantastic did you automatically know how to fix it or did you use a youtube video? I am under the impression the new parts for older models are very reasonable compared to the new computer parts for newer models.

I didn't need YouTube for this one. Actually, I had replaced the heating element once before, maybe 10 or so years ago, so this was the 2nd time around. The entire repair consists of removing and reattaching 4 screws. It doesn't get much easier than that.

[Outdoorsygal]

I didn't need YouTube for this one. Actually, I had replaced the heating element once before, maybe 10 or so years ago, so this was the 2nd time around. The entire repair consists of removing and reattaching 4 screws. It doesn't get much easier than that.

Oh ok. Sounds great!