Consumer Reports: Waste of money warranties

CR says almost never worth the money

extended warranty


Photographer: Consumer Reports
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Posted: 11/08/2012

Whether you are buying a holiday gift, or you need a new appliance, you are often urged to buy a service plan. Even online, many sites offer an "extended protection plan" before you check out.

But consumer reports says service plans are almost never worth it.

Watch in the video player above to see the full report.

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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