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The Home Ownership Thread - Page 255

post #3811 of 5824

Did you buy really cheap appliances?  Because typically the price is based on the price of the appliance.

I worked at BB once, so I can tell you the margins on those warranties are 90%+.  Typically HD/Lowes/BB don't do commission anymore, but they give employees bonuses for selling warranties.

post #3812 of 5824
They were all discounted for Black Friday and the cost of the warranty was based on that price. The deals were pretty good; e.g., $1K 5.8 cu. ft. gas range for 40% off, $1,700 refrigerator for 41% off.
post #3813 of 5824
Quote:
Originally Posted by Connemara View Post

They were all discounted for Black Friday and the cost of the warranty was based on that price. The deals were pretty good; e.g., $1K 5.8 cu. ft. gas range for 40% off, $1,700 refrigerator for 41% off.

 

I was looking at a Samsung set that was discounted similarly.

post #3814 of 5824
Usually if appliances don't break within the first year (defective) they won't fail for a while so extended warrantees are a waste of money, but it sounds like you got a pretty good deal so don't lose any sleep over $300.
post #3815 of 5824

If the warranty is based on the BF price then it seems decent.  I would assume discounts on BF products means they are cheaper quality so $60/yr for peace of mind is reasonable.  

post #3816 of 5824
He got three appliances that cost $600, $1000, and ____, and paid $300 for a warranty on them during the time they're the least likely to fail. That's no deal.
post #3817 of 5824
How long's the factory warranty? Cause if it's 3 years, you just got taken. Even if it's not, if you checked consumer reports before buying and you're reasonably handy, this is a total waste of money. Take that $300 and buy something useful (like that 12 inch Dewalt miter saw that's on sale for $300 and comes with a stand). Way better than a useless warranty.
post #3818 of 5824
Quote:
Originally Posted by brokencycle View Post

I was looking at a Samsung set that was discounted similarly.

I have not heard good things about Samsung appliances in general.

The factory warranty looks to be for only a year.
post #3819 of 5824
Quote:
Originally Posted by jbarwick View Post
 

If the warranty is based on the BF price then it seems decent.  I would assume discounts on BF products means they are cheaper quality so $60/yr for peace of mind is reasonable.  

I don't know about the set he got, but most appliances on sale for BF at the big box stores aren't BF made items like TVs.  They're typically a line that had excess inventory or is about to be replaced by new models.

 

Quote:
Originally Posted by Connemara View Post


I have not heard good things about Samsung appliances in general.

The factory warranty looks to be for only a year.

 

I think Samsung is really hit or miss.  Part of the reason I didn't go for it is the crappy dishwasher and I didn't really need an over the stove microwave.  I'll probably just by my items piece by piece.

post #3820 of 5824
Lowes & HD discount their appliances all year 'round. They just do it a little more for the big sales. The $1700 refrigerator that's "40% off" at $1000 is probably usually $1200.

If you stick to popular appliances you can usually find out how to repair common failures. I've never found something I couldn't fix with google and a screwdriver.

That being said I might reconsider my opinion about the refrigerator as compressors and freon leaks aren't DIY. Another thing in favor of store warranties is that they have better bargaining power with the repairmen. So their cost for repairs isn't going to be what yours is and that's factored into their margins.

Still, it's usually not a good deal.
post #3821 of 5824
Did you buy it with an American Express or Visa Signature? You get a year past the manufacturers warranty.

You can fix a stove yourself, a good dishwasher won't break and read the fine print on your fridge. Typically the compressor warranty is 5-10 years and that's the only part you can't fix yourself. And I own apartment buildings. I've bought more fridges stoves and dishwashers in the last year than most people will buy in their lifetime. Modern appliances don't break, for the most part if you buy a good brand. We get 10-15 years out of almost everything.
post #3822 of 5824
Toilet install was pretty straightforward. The new toilet is awesome.

Shower valve is next, it is looking like a pita, I did the cut out and install of an access panel and started making up most of the plumbing so that the install will be fairly straightforward.

This is for an ibox, which is pretty awesome, but also huge.

The big plus being that when I do go full on and retile the place it will be much easier. My wife and I are still debating tubs, until that's figured out I can't plan out a shower stall or tile or vanity. We currently have some sort of builder grade jacuzzi that neither of us uses. I want a stand alone and she wants to keep this one....sigh.
post #3823 of 5824
Quote:
Originally Posted by SkinnyGoomba View Post

Toilet install was pretty straightforward. The new toilet is awesome.

Shower valve is next, it is looking like a pita, I did the cut out and install of an access panel and started making up most of the plumbing so that the install will be fairly straightforward.

This is for an ibox, which is pretty awesome, but also huge.

The big plus being that when I do go full on and retile the place it will be much easier. My wife and I are still debating tubs, until that's figured out I can't plan out a shower stall or tile or vanity. We currently have some sort of builder grade jacuzzi that neither of us uses. I want a stand alone and she wants to keep this one....sigh.

Sounds awesome! Just one note, houses without tubs are really difficult to sell to people with kids. So depending on your plans, so sort of tub is probably wise.

All the best!
post #3824 of 5824
Thanks, agreed. I find it funny that it's possibly the most expensive thing in the bathroom (potentially) and gets almost no use.
post #3825 of 5824

Japanese soaking tub, B.

 

lefty

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