Originally posted by mikesbike How long extra warranty do you get for $44? If extra length of time is significant, then you have to look at cost-per-year. The aperture failure seems to be lower so far in the K-70, but it does still happen.
Is this warranty from Ricoh/Pentax, or through B&H? Some warranties also cover accidental damage, even with replacement.
Some credit cards will extend a warranty by another year free of charge.
Warranty is through Pentax but is shown and purchased on the B&H website. I went ahead and purchased the Pentax coverage, this should give me a total of 3 years coverage in the event the aperture issue crops up. $44 seems like a bargain for a potential $200 repair. The other option was $89 from square trade but that is a comprehensive warranty for drops and spills, but I’m very careful and I passed on that.
---------- Post added 05-10-20 at 05:25 PM ----------
Originally posted by snakebite The warranty is from Pentax and only covers manufacturer defects. Very good point on the credit card warranty doubling. Another option is to use the B&H Payboo credit card if you live in a qualifying state, which will save you the sales tax. You could then use those savings to buy the warranty which would extend the warranty another year over other credit cards.
Yes, the Payboo card is nice. Anytime I can avoid paying NY sales tax is a plus.....
---------- Post added 05-10-20 at 05:33 PM ----------
Originally posted by DWS1 I generally do not purchase extended warranties on anything. Over time one will end up spending way more on purchasing warranties than one would spend on repairing or replacing things. The odds of ever using an extended warranty are highly stacked against the purchaser. I worked in the consumer retail business for many years, and was constantly pressured to sell extended warranties on everything every customer purchased. It's a huge money maker for the seller and the warranty company. Most of the time if a product is going to fail, it will do so within the manufacture's warranty period. Nowadays, I just purchase most things using my Visa credit card which has the added benefit of doubling the manufacture's warranty period, and doesn't cost anything extra by paying the full balance every month.
I agree with you in general. But after reading about the aperture issue on the other Pentax cameras, I came to the conclusion that if it happens on my K70, it should occur within the first three years.
---------- Post added 05-10-20 at 05:54 PM ----------
Originally posted by carlb There's a reason that companies offer extended warranties - because they make more money from selling them than they spend on replacing or repairing items. They're mostly a marketing tool.
And if they fix enough of them under an extended warranty, they might get the painful message that there is a systemic quality issue with that Chinese made aperture unit.