Is Air Fryer’s Extended Warranty Worth It?
The air fryer is one of the most popular kitchen appliances.
It’s easy, and it tastes delicious!
But you might be asking yourself if an air fryer warranty is worth it. That’s a question I got from my mom recently too—what do you think about this?
Is an air fryer’s extended warranty worth it?
The average lifespan of an air fryer is 2 years. Unfortunately, most air fryers come with a 1-year manufacturer’s guarantee. The good news is that many people have benefited from purchasing a warranty to extend the repair or replacement of their air fryers for up to 4 years. Getting an extended warranty offers the major safety net of peace of mind with little or no cost for repairs, at a fraction of the cost of a brand new air fryer.
Why do air fryers stop working?
In most cases, an air fryer will malfunction and fail to work due to poor maintenance. That’s why it’s important to make sure you clean your air fryer after every use. Air fryers also suffer from mechanical failures like worn-out or broken components and loose wires.
When to call in a warranty repair
The standard manufacturer’s warranty usually extends up to one year from the purchase date. If you purchase an extended warranty, you could very well extend that warranty for up to an additional four years, depending on the contract and third-party insurer.
Some of the most common issues that you may encounter with your air fryer are listed below:
- Peeling non-stick coating
- Cracking of the body
- Excessive smoking
- Fan not working
- No heat is produced
- Air fryer not turning on
- Buttons are not responding
- Wires are worn and exposed
If any of these problems arise, it might be worth it to contact the company to see what their policy is as long as you’re within the one-year limit. In my case, whenever I purchase an electronic device like my air fryer, I usually purchase the extended warranty along with it. I love the idea of having peace of mind. At any point between now and four years later, if my air fryer were to break down or have issues with the heating element, I could simply call in a repair without having to pay any extra.
Surprisingly, sometimes the air fryer can be so old that the insurer might even just refund you your money. However, there are several factors to take into account when making this decision, such as the age of the product, if it’s replaceable, and how cost-effective it would be to take it in for repair.
How long do air fryers last?
On average, air fryers last between 1 and 2 years. This is due to the number of parts that can wear down or break on the appliance. However, with proper care, an air fryer can last even longer. In my case, I was able to keep and use my oldest air fryer for almost a decade. I kept it in good condition, and I made sure to maintain and clean it regularly.
Should I buy an extended warranty or an appliance protection plan?
Extended warranties are often a better option than appliance protection plans.
Extended warranties can be a great way to protect your appliances, as they usually cover more than appliance protection plans. For example, an extended warranty might include a repair or replacement guarantee in the event that your air fryer breaks down, while an appliance protection plan might only offer a limited number of repairs.
An air fryer is a common appliance that people should buy an extended warranty for. The warranty will cover the cost of repairs or a replacement in case the air fryer breaks down.
Extended warranties are usually an upfront, one-time cost at a fraction of the actual air fryer and have zero deductibles when you’re calling in a claim, making them affordable.
Also, most appliance protection plans are very selective in what they cover, and you’ll rarely find one that covers air fryers.
When is a good time to buy an extended warranty?
It’s a good idea to get insurance as soon as possible. As a rule of thumb, you should buy an extended warranty in the same transaction as the air fryer. However, if you are unable to make both purchases at the same time, just know that you may still be able to buy an extended warranty as long as your air fryer was purchased within 30 days.
Do I need an extended warranty for my air fryer?
If you’re the type of person who has the worst luck with electronics, then getting yourself an extended warranty might be a good idea. I recommend getting the longest warranty you can afford. For me, this is usually about an extra four years on top of the standard one-year warranty that the manufacturer provides. After four or five years, your air fryer will most likely be at its weakest stage, and at some point then, there will be an issue that either needs to be repaired or will cause the entire unit to be replaced.
If you have the extended warranty, the insurance company will either repair whatever that’s broken, replace it with a brand new one, or maybe even give you all of your money back. This was a pretty surprising decision that they made for me. They decided to refund me around 90% of what I paid for it years ago. I was incredibly surprised because that translates to only buying back then for a fraction of the price, since now I’ve gotten most of my money back to buy a brand new one or to buy anything I like.
Why are air fryer extended warranties so cheap?
If you think about it, the warranty fee can’t possibly cost the entire value of the air fryer. It’s going to have to be a lot less. Plus, there is a high probability that you might not even use it or that you might even forget about it after several years down the line. The insurance company is banking on the idea that you may not end up using it at all. And for the small price of “peace of mind,” the warranty company ends up paying percent of the extended warranty cost.
If the price of the extended warranty were as high as the value of a brand new air fryer, then what would be the point of getting it? Why not just save your money and choose not to take the extended warranty? You would still have that money left over for the future, so you could replace your air fryer on your own.
The pros of an extended warranty
An extended warranty, or service contract, is an agreement between the buyer and the seller of a product in which the seller agrees to cover certain repairs or replacement costs for a specific period of time after the original purchase. Extended warranties offer a ton of benefits to consumers. They can provide peace of mind, protect against high repair costs, and often include additional features like accidental damage protection.
Below is a list of reasons why it may be a good idea to purchase an extended warranty.
- You get peace of mind.
- There are a variety of coverage options.
- There’s only a one-time upfront price.
- You get professional repair services.
- It adds itself to the 1-year standard warranty.
- It may be transferable to someone else.
- There’s usually a zero or low deductible pay.
The cons of an extended warranty
There are a few cons to extended warranties. Firstly, they can be expensive. Secondly, they may not be worth the cost if the purchase is small. For example, if you only buy a $50 air fryer, it might not be worth it to spend an extra $30 on a warranty. However, for more expensive items like appliances or cars, an extended warranty may be a good idea. Whatever the reason is, it’s entirely up to you. You may never end up using it, but you won’t ever know until then. I guess you can say, it’s a bit of a gamble.
Below is a list of reasons why it may not be a good idea to purchase an extended warranty.
- The upfront cost can seem like a lot.
- The coverage may overlap with the original warranty.
- The warranty may go unused.
- You must purchase it for each appliance.
- It doesn’t cover lost or thief.
What should you consider before buying an extended warranty?
Cost
The cost of purchasing an air fryer warranty is usually just a fraction of the overall price that you purchased the air fryer for. It’s usually this way because what you are paying for is peace of mind. The peace of mind that a third-party company will cover any repair or replacement expenses if that should so occur. If anything were to happen to your air fryer, then the company would have to replace or repair it at their own expense. If you end up using your air fryer for several years past the extended warranty, then the insurance company will end up profiting from the purchase.
Term
Make sure you read and understand the terms of the agreement in regards to what you are liable for and what the insurance company is liable for. It’s usually pretty straightforward. If the air fryer no longer works and you are still within the extended warranty period, then the company will either have you send it to a repair shop to get fixed or replace the item completely. In some rare cases, if the item is not worth repairing or replacing, the company might end up just refunding you a prorated amount based on how much the air-fryer is currently valued at. That’s still at the company’s discretion.
Coverage
When it comes to the types of coverage, you’re looking at accidental, wear and tear, electrical, mechanical, etc. that the insurance company will cover.
What is almost always not covered is if you were to somehow lose the air fryer (maybe through a robbery or thief) or intentionally damage the air fryer.
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