Tumble Dryer Extended Warranty

Quickblood

With every dryer we've bought we always get an extended warranty and have tended to use it at least once. I've noticed that 3 year warranties are about £40 quid from the retailer and was wondering if that price can be matched or beaten by 3rd party extended warranties?
The Moneysavingexpert guide seems to indicate that £5.99 a month from Surewise is the cheapest but that's far more expensive.

Ebe_Scrooge

Eh ? How is £5.99 far more expensive than £40 ????

macman

Pointless buying a three year warranty on a drier that may have two years warranty supplied by the manufacturer. For example, Bosch have a two year warranty, others may do too, or buy from JL and they give a two year warranty.
If you must buy a further extension, buy independently at expiry of the manufacturers warranty, as you will typically pay half the price charge by a retailer-who make a substantial part of their profits from flogging overpriced warranties.
White goods are generally very reliable, so you should not be needing repairs on a 3 year old drier with normal use unless you buy a rubbish budget brand.

Quickblood

Ebe_Scrooge wrote: »

Eh ? How is £5.99 far more expensive than £40 ????

My mistake that should be £5.99 a month

macman wrote: »

Pointless buying a three year warranty on a drier that may have two years warranty supplied by the manufacturer.

Yeah but unfortuntely the one I was looking at doesn't

macman wrote: »

or buy from JL and they give a two year warranty.

I just checked the site, they have a few condenser dryers in my price range with 2 year guarantees. Nice suggestion thanks.

macman wrote: »

If you must buy a further extension, buy independently at expiry of the manufacturers warranty, as you will typically pay half the price charge by a retailer-who make a substantial part of their profits from flogging overpriced warranties.

Unless I'm missing something that doesn't seem to be true. I've seen 3 year ones from around £40 and Co-op are doing 5 years for £65

macman wrote: »

White goods are generally very reliable, so you should not be needing repairs on a 3 year old drier with normal use unless you buy a rubbish budget brand.

I don't know what constitutes a rubbish budget Brand but our Candy has been repaired once already within warranty and has broken down again, it was the same thing with our last one too, I don't take chances when long warranties are under £100 quid.

macman

Co-Op are selling at near cost price then. Go to somewhere like DSG and you'll pay a lot more: they'll happily try to to flog you an extended warranty on a £20 toaster!
Yes, Candy/Hoover are a rubbish brand; why not pay £100 more and get something decent in the first place? £100 represents maybe as much 25\% of the cost of the item. I've had a Bosch condenser drier which is now 14 years old and has only needed a new pump (and then only after about 10 years). My main point was that you don't need to purchase such a warranty anyway (if at all) until the machine is out of manufacturer's warranty, which can be up to 5 years.
Typical white goods repair cost is around £70, so to make that warranty cost effective you'd only need to be paying no more than about £25 p.a for a three year cover.

Quickblood

macman wrote: »

Yes, Candy/Hoover are a rubbish brand; why not pay £100 more and get something decent in the first place?

Because I don't really have the money but there also doesn't seem to be an objective way to determine what is a rubbish brand, why is Candy Hoover rubbish, are Beko better what about Hotpoint or Zanussi. If I'm going to break the budget I'd need to be sure it's worth it.

macman wrote: »

My main point was that you don't need to purchase such a warranty anyway (if at all) until the machine is out of manufacturer's warranty, which can be up to 5 years.

The problem is the typical warranty period I'm seeing is only 1 year and while you're correct that you don't need one until the manufacturers warranty had ended you can't seem to purchase one quite as cheaply at that point.

Anyway with respect I'm not fielding opinions whether extended warranties are worthwhile I know they are if you don't get a long one from the manufacturer. I just wanted to find out if they can be had cheaper.