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welcome back to the program the commerce commission has ruled they are completely worthless so how are retailers still able to get away with trying to sell us extended warranties consumer new zealand dont waste your money um says dont want your money anyway heres ceo sue chatwin how are you sue good morning good good to have you with us all right so um do we know that extended warranties are always a waste of money look they are nearly always a waste of money you have got really good protections under the consumer guarantees act much more in many circumstances than what an extended warranty will offer you and theyre also expensive if youre getting a big ticket item they can be 10 to 15 of the cost so in nearly every circumstance the only exception probably would be say if you had a large family had eight sort of or more kids and say the washing machine was going to get more than what would be a normal use you might want to consider it then but even then you know it may not be wor