Expected Repair Cost
$0.00
Warranty Value
$0.00
Recommendation
-
| Metric | Value |
|---|---|
| Product Price | $0.00 |
| Warranty Cost | $0.00 |
| Failure Rate | 0% |
| Repair Cost | $0.00 |
| Expected Repair Cost | $0.00 |
| Warranty Value | $0.00 |
Warranty Value Calculator: Is Extended Warranty Worth It?
Stop wasting money on useless protection plans. Our warranty calculator shows if you’ll save or lose over time.
How It Works
- Enter product price, warranty cost
- Add failure rate and repair cost
- Get expected savings and recommendation
Example: $599 Laptop + $89 Warranty (3 yrs)
Failure rate: 15% → Repair: $300
Expected repair cost: $45
Warranty value: -$44 → Don’t buy
Typical Failure Rates
| Product | 3-Year Failure Rate |
|---|---|
| TV | 5–10% |
| Laptop | 15–25% |
| Phone | 10–20% |
| Washer | 10–15% |
| Fridge | 5–12% |
Pro Tips
- Warranty cost > 15% of price → usually bad
- Use deal evaluator first
- Credit card often includes 1-year free
- Read fine print: “normal wear” not covered
When to Buy
- High repair cost (>50% of price)
- Critical use (medical, work)
- Long warranty (5+ years)
FAQs
Does it include labor? Yes — use full repair estimate.
Multiple failures? Model averages one.
Refunds? Most allow 30-day cancellation.
Conclusion
Most warranties lose money. Use our free warranty value calculator before saying yes at checkout.
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