--- title: "Meaning & Key Takeaway of: Another example might be deciding whether…" description: "\"“Another example might be deciding whether or not to buy an extended warranty. If you just had a bad experience with an electronic device, you might be..." image: "https://sms4smile.com/quotes/i/c97/worth-books-287503_history_another-example-might-be-deciding-whethe_1357021.jpg" --- # Another example might be deciding whether or not to buy an… ![“Another example might be deciding whether or not to buy an extended warranty. If you just had a bad experience with an electronic device, you might be willing to pay a high premium for an extended warranty. However, statistically, the odds that you’ll need one again could be very low; perhaps…” quote by Worth Books](https://sms4smile.com/quotes/i/c97/worth-books-287503_history_another-example-might-be-deciding-whethe_1357021.jpg) [Download](https://sms4smile.com/quotes/i/c97/worth-books-287503_history_another-example-might-be-deciding-whethe_1357021.jpg) [Open image](https://sms4smile.com/quotes/i/c97/worth-books-287503_history_another-example-might-be-deciding-whethe_1357021.jpg) > ““Another example might be deciding whether or not to buy an extended warranty. If you just had a bad experience with an electronic device, you might be willing to pay a high premium for an extended warranty. However, statistically, the odds that you’ll need one again could be very low; perhaps you’ve never needed a warranty before in your entire buying history. The risk”” Worth Books ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. A discussion of the low statistical benefit of buying extended warranties after a negative product experience. **In simple terms:** Extended warranties often aren't worth it. Key Takeaway Weigh cost vs. benefit before buying. Themes consumer awareness risk assessment financial decision Mood pragmatic cautious Type advice informational When to use this quote - electronics purchase - home appliances - budget planning Key Concepts statistics warranty theory consumer behavior Questions to Reflect On - When is a warranty justified? - How to evaluate product reliability? A Different Perspective Warranty costs can vary widely. ★ ★ ★ ★ ★ No ratings yet [History](https://sms4smile.com/quotes/about/history/) [Warranty](https://sms4smile.com/quotes/about/warranty/) ## Related quotes > [I'm also gonna need the extended warranty on it for the price of... on the house. Hmm?](https://sms4smile.com/quotes/kevin-hart/i-m-also-gonna-need-the-extended-warranty-on-it-for-the-price-of-on/) [Kevin Hart](https://sms4smile.com/quotes/author/kevin-hart/) > [Extended warranty? How can I lose?](https://sms4smile.com/quotes/nikhil-saluja/extended-warranty-how-can-i-lose/) [Nikhil Saluja](https://sms4smile.com/quotes/author/nikhil-saluja/) > [“So I don’t understand why the computer guys let others sell the follow-up memory, why the car guys let others sell the insurance and…](https://sms4smile.com/quotes/adrian-j-slywotzky/so-i-don-t-understand-why-the-computer-guys-let-others-sell-the/) Adrian J. Slywotzky > [The consumer is getting fed up with shoddy material, poor quality, unsafe products, bad service, weak warranties, lack of adequate information -- the whole…](https://sms4smile.com/quotes/virginia-knauer/the-consumer-is-getting-fed-up-with-shoddy-material-poor-quality/) Virginia Knauer > [Consumer confidence in an industry can be a very fragile thing. It only takes a few builders who promise but don't deliver, who cheat…](https://sms4smile.com/quotes/virginia-knauer/consumer-confidence-in-an-industry-can-be-a-very-fragile-thing-it/) Virginia Knauer > [She goes to Frederick's of Hollywood at the mall and purchases an explicit lingerie outfit so sheer that you could read an appliance warranty…](https://sms4smile.com/quotes/dave-barry/she-goes-to-frederick-s-of-hollywood-at-the-mall-and-purchases-an/) [Dave Barry](https://sms4smile.com/quotes/author/dave-barry/) > [The charming landscape which I saw this morning is indubitably made up of some twenty or thirty farms. Miller owns this field, Locke that,…](https://sms4smile.com/quotes/ralph-waldo-emerson/the-charming-landscape-which-i-saw-this-morning-is-indubitably-made/) [Ralph Waldo Emerson](https://sms4smile.com/quotes/author/ralph-waldo-emerson/) > [“We stand by our products and we want you to be 100% satisfied. Therefore, we promise you that every pair of GGMM earphones comes…](https://sms4smile.com/quotes/ggmm-c700-full-metal-housing-in-ear-universal-earbuds-headphone/we-stand-by-our-products-and-we-want-you-to-be-100-satisfied/) GGMM C700 Full Metal Housing In-Ear Universal Earbuds Headphone > [I do know that all of the Michigan delegation worked very hard as related to the revival of the auto industry. There was really…](https://sms4smile.com/quotes/fred-upton/i-do-know-that-all-of-the-michigan-delegation-worked-very-hard-as/) [Fred Upton](https://sms4smile.com/quotes/author/fred-upton/) > [You must learn all things, both the unshaken heart of persuasive truth, and the opinions of mortals in which there is no true warranty.](https://sms4smile.com/quotes/parmenides/you-must-learn-all-things-both-the-unshaken-heart-of-persuasive-truth/) [Parmenides](https://sms4smile.com/quotes/author/parmenides/) > [“Trust me." The words are a prayer, not a warranty. I understand that now.”](https://sms4smile.com/quotes/kyran-pittman/trust-me-the-words-are-a-prayer-not-a-warranty-i-understand-that-now/) Kyran Pittman > [A customer is never out of warranty, even if his product is.](https://sms4smile.com/quotes/seth-godin/a-customer-is-never-out-of-warranty-even-if-his-product-is/) [Seth Godin](https://sms4smile.com/quotes/author/seth-godin/) > [There is an implied warranty that a commissioned work should last a lifetime. There is to be no charge.](https://sms4smile.com/quotes/maxfield-parrish/there-is-an-implied-warranty-that-a-commissioned-work-should-last-a/) [Maxfield Parrish](https://sms4smile.com/quotes/author/maxfield-parrish/) > [A Lifetime Warranty on a concealed carry firearm isn't much good, If the firearm fails in an armed encounter, the owner of the firearm…](https://sms4smile.com/quotes/john-abbott/a-lifetime-warranty-on-a-concealed-carry-firearm-isn-t-much-good-if/) [John Abbott](https://sms4smile.com/quotes/author/john-abbott/) > [Unsoundness in a slave, as well as in a horse, detracts materially from his value. If no warranty is given, a close examination is…](https://sms4smile.com/quotes/solomon-northup/unsoundness-in-a-slave-as-well-as-in-a-horse-detracts-materially-from/) [Solomon Northup](https://sms4smile.com/quotes/author/solomon-northup/) ## More History quotes > [Histories never conclude; they just pause their prose. Their stories are, if they are truthful, untidy affairs, resistant to windings-up and sortings-out. They beat…](https://sms4smile.com/quotes/simon-schama/histories-never-conclude-they-just-pause-their-prose-their-stories/) [Simon Schama](https://sms4smile.com/quotes/author/simon-schama/) > [It is said that history turns on small hinges. A human career, too, results from an accumulating series of decisions about large and small…](https://sms4smile.com/quotes/norman-vincent-peale/it-is-said-that-history-turns-on-small-hinges-a-human-career-too/) [Norman Vincent Peale](https://sms4smile.com/quotes/author/norman-vincent-peale/) > [The history of mankind interests us only as it exhibits a steady gain of truth and right, in the incessant conflict which it records…](https://sms4smile.com/quotes/ralph-waldo-emerson/the-history-of-mankind-interests-us-only-as-it-exhibits-a-steady-gain/) [Ralph Waldo Emerson](https://sms4smile.com/quotes/author/ralph-waldo-emerson/) > [In the entire history of the universe, let alone in your own history, there has never been another day just like today, and there…](https://sms4smile.com/quotes/frederick-buechner/in-the-entire-history-of-the-universe-let-alone-in-your-own-history/) [Frederick Buechner](https://sms4smile.com/quotes/author/frederick-buechner/) > [The NBA is my history.](https://sms4smile.com/quotes/penny-hardaway/the-nba-is-my-history/) [Penny Hardaway](https://sms4smile.com/quotes/author/penny-hardaway/) > [History has often showed us the strength of the forces that are unleashed by the yearning for freedom. It moved people to overcome their…](https://sms4smile.com/quotes/angela-merkel/history-has-often-showed-us-the-strength-of-the-forces-that-are/) [Angela Merkel](https://sms4smile.com/quotes/author/angela-merkel/) > [We find few historians who have been diligent enough in their search for truth; it is their common method to take on trust what…](https://sms4smile.com/quotes/john-dryden/we-find-few-historians-who-have-been-diligent-enough-in-their-search/) [John Dryden](https://sms4smile.com/quotes/author/john-dryden/) > [What is history after all? History is facts which become lies in the end.](https://sms4smile.com/quotes/jean-cocteau/what-is-history-after-all-history-is-facts-which-become-lies-in-the/) [Jean Cocteau](https://sms4smile.com/quotes/author/jean-cocteau/) > [Things live and die, and then someone processes them into edible portions. This is a complete telling of the story, 'Food.' The basic plot…](https://sms4smile.com/quotes/david-fahrenthold/things-live-and-die-and-then-someone-processes-them-into-edible/) [David Fahrenthold](https://sms4smile.com/quotes/author/david-fahrenthold/) > [History is a certain way, but you just change the point of view a little bit, and you discover a whole new side of…](https://sms4smile.com/quotes/allison-schroeder/history-is-a-certain-way-but-you-just-change-the-point-of-view-a/) [Allison Schroeder](https://sms4smile.com/quotes/author/allison-schroeder/) > [We're at a point in history were we have to become a part of the neighborhood of inhabited planets, like a neighborhood of a…](https://sms4smile.com/quotes/edgar-mitchell/we-re-at-a-point-in-history-were-we-have-to-become-a-part-of-the/) [Edgar Mitchell](https://sms4smile.com/quotes/author/edgar-mitchell/) > [Today is a reality, tomorrow's a promise, and yesterday's history!](https://sms4smile.com/quotes/billy-blanks/today-is-a-reality-tomorrow-s-a-promise-and-yesterday-s-history/) [Billy Blanks](https://sms4smile.com/quotes/author/billy-blanks/) > [Truth be told from compulsive liars with a history/Everything must change 2nd chances are a mystery](https://sms4smile.com/quotes/c-dash/truth-be-told-from-compulsive-liars-with-a-history-everything-must/) C-DASH > [Every army in the history of the world has always had some deserters, usually much greater than we have today, because once again every…](https://sms4smile.com/quotes/bryan-hilferty/every-army-in-the-history-of-the-world-has-always-had-some-deserters/) [Bryan Hilferty](https://sms4smile.com/quotes/author/bryan-hilferty/) > [“To those great geniuses now in petticoats, who shall write novels for the beloved reader's children, these men and things will be as much…](https://sms4smile.com/quotes/william-makepeace-thackeray/to-those-great-geniuses-now-in-petticoats-who-shall-write-novels-for/) [William Makepeace Thackeray](https://sms4smile.com/quotes/author/william-makepeace-thackeray/) [Browse all 27,263 History quotes ](https://sms4smile.com/quotes/about/history/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“Another example might be deciding whether or not to buy an extended warranty. 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