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Amber, who spent $1000 on a new phone, is contemplating whether to buy a two-year extended warranty for $200 within the 60-day window. The speaker advises against purchasing extended warranties as most products already have good warranties. Since Amber will likely replace her phone soon, buying the warranty is unnecessary. The speaker recalls owning many phones over time and predicts Amber will eventually upgrade to a new model, making the extended warranty unnecessary.