Prompt · Finance

Warranty Worth It

Decides whether that extended warranty or protection plan is worth it.

Have ready: Fill in item price, plan cost, coverage, failure data

Fill in · 6 fields

productXlist what's includedwhatY/Ne.g. '15% need a $200 repair in year 3'

Your prompt

Is this protection plan worth buying? Run the expected-value math.

Item: [product], price: $[X]
Warranty/plan cost: $[X], covers [X] years, covers: [list what's included]
Manufacturer warranty: [X] years covering [what]
My credit card extends warranty by: [X] months [Y/N]
Failure/repair data I know: [e.g. '15% need a $200 repair in year 3']

Calculate the expected value: probability of a covered claim × average repair cost, vs the plan price. Factor in what I already get free from the manufacturer and my card. Give me a buy/skip verdict and the one scenario where you'd flip it.

Paste it into Muse or any assistant. Blank fields stay as [brackets].

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