We have all heard it before when buying a TV, a stereo or an iPod â âAnd would you like the extended warranty with that?â
Most of the time the knee-jerk reaction to this is âNo, I would not!â
But should we be reconsidering our cynical reaction to the sales guy at Harvey Norman?
I bought a TV over Christmas and this proved how powerful a warranty is. I wont mention brands etc, however a brand new 42 inch LCD lasted two weeks and the main-board blew up. I had it replaced, no questions asked, and then in another two weeks the new one failed as well. In the end I ended up changing brands, however it was the warranty which ensured that I could do this. Without it, I would have been a couple of grand ($) down with a 14 inch CRT in the corner with no HD!
Not long after this I purchased a new computer for my wife. With it came a printer, backup USB drives, MS office and anti-virus. All up I was, again, looking at about $2k and this time I went for the extended warranty. On all of this, I have managed to protect the main investments, the PC and Printer, for as long as they are likely to last before I should look at upgrading them anyway.
For business, many of us are buying on finance now and this means payments are spread over a number of years.
This means that our loan may well outlive our warranty, and this can only be bad. Just imagine paying off a PC that may as well be a door-stop!
So, some quick advice; buy the warranty to match your finance terms.
Financing of IT infrastructure is becoming the norm in business, as there are some things that are expensive like Servers and SANâs, however if you finance it, you have a monthly cost of your IT which is great for budgeting and P&Oâs. Your IT becomes a fixed cost and therefore one of the things that is covered in your business at all times.
In many instances, you also finance the cost of the warranty upgrade, so that you know you are covered in the event of a malfunction.
So think about it â finance your gear, finance the warranty and you have a built in insurance policy on your new infrastructure.
If you are unsure about how to finance your IT gear, there are many options, however I think the best on offer at the moment is Microsoft finance. If you have any Microsoft licenses included in your bundle, which you will, then you can finance this through Microsoft. They will finance the whole sha-bang and you neednât worry about 50% deposits and the like.
If youâd like more information, click here to contact me and we can have a chat about it.
Once this is done, you need someone to support your users â and this is where Evolve IT can help. But that is another articleâ¦

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