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Are Extended Warranties Worth the Extra Bucks?

See how other users answered our extended warranty poll:

When buying consumer products, have you ever purchased an extended warranty?
Yes 68 %
No 29 %
I don't know 2 %
  799 ballots cast  
Did you know that when a retailer sells you an extended warranty, they get to keep 50% or more of what they charged for it?
Yes 16 %
No 79 %
I'm not sure 4 %
  799 ballots cast  
Were you aware that only 8% of TVs and 10% of digital cameras break within an extended-warranty window (typically around 3 years)?
Yes 25 %
No 67 %
I'm not sure 6 %
  799 ballots cast  
Did you know that when electronics and appliances break, the repair often costs about the same as the cost of the warranty?
Yes 32 %
No 63 %
I'm not sure 4 %
  799 ballots cast