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Although some of what you are saying is true, if the extended warranty is under $12.00 or so I have found it to be beneficial to buy it. I have had a few of my power tools completely replaced when they burned out AFTER the manufacturers warranty ran out. Most manufacturers warranties are for 1 yr. I just had a Genesis rotary tool burn out just short of 3 yrs and the warranty company sent me a check for the full cost of it. I purchased it through Home Depo and took it into the service desk and they even… Read more »