Quote:
Originally Posted by Adraco
Many years ago I worked summer for a TV store owned by Best Buy. The shop gets to keep around 46% of the warranty amount, or at least that was the number back then. And if you sold warranties amounting to a total of $1800 per month, you got yourself a nice first level bonus of $100, then at $2500 you got another $100 bonus and aftrer a certain amount you got yourself a percentage of everything over the set amount.
This is where a shop today is making it's money.
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yup, this is pure profit to them. The other high mark up items are the cables and other accessories, that is why they try and upsell you
I very rarely buy extended, did on one of my cars, worked out well, because of little things, also on a built in dishwasher, with in home service