You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Product Reviews

Warranties for new electronics may not be cost effective

When you’re shopping for electronics, appliances, and other items, be prepared for the inevitable pitch to add a service plan, or extended warranty, to your purchase.

Salespeople will say a service plan covers any repairs needed after the manufacturer’s warranty expires. What they won’t tell you is that stores keep 50 percent or more of what they charge for plans —more than they can make selling actual products. Other reasons you almost never need one include:

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week