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At some point an equivalent product could be offered as a replacement. Or parts could be replaced. The cost of this will be reflected in the price of the warran
by oever 9y ago
At some point an equivalent product could be offered as a replacement. Or parts could be replaced. The cost of this will be reflected in the price of the warranty which also serves as a down payment for a replacement product. But still, the producer will have an incentive to do an honest assessment of the longevity of the product via the cost of the warranty. Too low will cost the company and too high will shy away the consumer.
- undersuit 9y ago>At some point an equivalent product could be offered as a replacement. Or parts could be replaced. Some computer graphic card manufactures have a system like this. If the card fails in it's lifetime warranty they will replace the card with an equivalent or better model. One of my friends had their RMAed EVGA card upgraded even though it was 5 years old, and it wasn't to just the current performance equivalent, their $300 5 year old card was replaced with a $300 new card.