Extended warranties are often a bad deal, and sometimes a ridiculously bad deal. If they’re so bad, is it unscrupulous of stores to offer them? Why or why not? Is this really a question with regard to which the old slogan, caveat emptor (“buyer beware”) makes sense? >>>
LINK: When buying the ridiculously expensive extended warranty makes sense (by Chris MacDonald in Canadian Business)
…extended warranties on small electronics are generally a bad deal. So what about the ethics of offering such crummy warranty deals to customers? In general, I think it’s ethically fine to offer such warranties, even though they’re generally a bad deal….
What do you think?