Yes, in most cases Extended Warranty is a waste of money. Your Statutory Warranty could easily save you an expensive repair bill if your product fails after the standard warranty expires. For example, Imagine purchasing a LCD TV costing $2,850 that fails a few months out of warranty (ouch), and then you learn that you have a repair bill of $465, adding insult to injury. As long as you have the receipt or proof of purchase you have every right to have it repaired under your Statutory Warranty without the need for an extended warranty.
Niggle It is designed to hold your proof of purchase details and some knowledge about your rights. If you have the ‘receipt’ and a little know-how, you could reasonably expect the TV to be repaired under your Statutory Warranty Rights, even thought the warranty has already expired.
It often helps just to demonstrate to the manufacturer that you know how statutory warranty rights to come to a quick resolution. Keep your receipts and notes at Niggle It, it’s free to create a Lite Account.
If you are thinking about an extended warranty, follow this link for my top three considerations.
Hey, Niggle is an interesting concept. Would it also be able to hold proof of purchase for vouchers purchased online? Does the righs cover online vouchers? I ask this because I’ve heard of negative reviews from consumers who didn’t get what was expected from their purchased deals. A friend of mine bought a deal in brisbane and it really frustrated her.