| Lifetime warranty on hot water tanks a good deal?

Lifetime warranty on hot water tanks a good deal?

MD asked:


I’m looking to replace my hot water tank and noticed that Home Depot offered a lifetime warranty if I purchase one from them. Has anyone gone with this offer or know someone that has and if so has there been any negative experiences with it? Thanks.

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Comments

6 Responses to “Lifetime warranty on hot water tanks a good deal?”

  1. Doug on May 16th, 2009 2:26 am

    well idunno i mean how much extra does the warranty cost? and hot water tanks generally last a long time. so i dunno ha , im always under the impression that these extended warranties most of them, are not worth it, id pass on it i believe.

  2. shermisme on May 19th, 2009 2:11 am

    You should probably get about 15 years or a little more out of a hot water heater. If it were me I would skip the lifetime warranty because it probably costs more than it’s worth.

  3. BitburgerPilsMan on May 22nd, 2009 1:37 pm

    Depends on how much more it costs that for a comparable unit elsewhere. As Doug stated, tanks last a long time.
    What does the warranty cover? Just against leaks? Everything? You’ll have to weight the costs.

  4. LJAY2000 on May 24th, 2009 1:01 am

    I would read that so called life time warranty very carefully, I’ll bet it is pro-rated and only good for the original owner. It would also depend on the price premium you are going to pay. As mentioned extended warranties are almost never a good buy.

  5. dixierock on May 25th, 2009 9:27 pm

    A water heater will last from 5 to 8 years, you have to figure in the cost of the warranty ( most come with a 3 year warranty) and replacement cost. Is the labor included..fixtures etc.. included? Chek this list>>

  6. Sin on May 28th, 2009 7:39 am

    Lifetime warranties are supposed to be for the lifetime of the owner, but in almost every case, there’s fine print that limits them to the typical couple of years because they’ll say something like it’s the lifetime of the production cycle for this product, so when we stop making it, the warranty runs out.

    Extended warranties, in general, are a bad idea. It’s like making a bet that your product will break down sooner that it’s “supposed to”. I would recommend simply doing research on the best product you can get within your budget and have faith that the product was well-built. Of course, there’s always a chance something may go wrong down the road regardless of how nice a product you buy but that’s why you do research to mitigate that chance.