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FORUMS Canon Cameras, Lenses & Accessories Canon EOS Digital Cameras 
Thread started 31 Jul 2014 (Thursday) 14:44
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Canon Carepak - Extended Warranty worth it?

 
scokar
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Jul 31, 2014 14:44 |  #1

Hello,

Canon Canada is offering me a 2 year extended warranty on my 5D Mark III for CAD $ 360.

Does anyone have experience with Canon's Extended warranty? Is it worth it?

My camera is ~3 days out of warranty now, it gets low usage typically in household settings and the only issue I had was resolved by removing the battery for a while.


Thank you.




  
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watt100
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Jul 31, 2014 18:17 |  #2

I find most extended warranties are generally not worth it, especially for "low usage" items




  
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Jim_T
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Jul 31, 2014 18:43 |  #3

I never take extended warranties. They're just expensive insurance policies. When I consider at all the big purchases I've made over the years, I've saved thousands of dollars by turning these warranties down.




  
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paddler4
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Jul 31, 2014 18:54 |  #4

The average cost of extended warranties is necessarily higher (often a lot higher) than the average cost of repairs. That's why they are sold. So sometimes you will win by buying one, but on average, people who buy them lose.


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John ­ from ­ PA
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Jul 31, 2014 18:58 |  #5

scokar wrote in post #17068648 (external link)
Hello,

Canon Canada is offering me a 2 year extended warranty on my 5D Mark III for CAD $ 360.

Does anyone have experience with Canon's Extended warranty? Is it worth it?

My camera is ~3 days out of warranty now, it gets low usage typically in household settings and the only issue I had was resolved by removing the battery for a while.


Thank you.

Down here, some credit cards automatically extend the warranty for a period equal to the original. Not sure in Canada but might be worth a check.




  
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scokar
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Jul 31, 2014 23:49 |  #6

I'm going to save my money and pass on Canon's offer.

thanks :)




  
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jonrmoore
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Jul 31, 2014 23:52 |  #7

Do warranties cover stolen cameras? I'd get insurance


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scokar
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Aug 01, 2014 00:02 |  #8

no, warranties do not cover stolen cameras. only insurance. and some home owners insurance does cover a lot -- never hurts to call them up and grill them about coverage.




  
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Canon Carepak - Extended Warranty worth it?
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