I reckon that if I had taken out extended warranties on all the white goods I have bought over the last 60 years it would amount to well over £5,000. This sum alone is probably more than I have paid to buy all the white goods I have ever owned.
Next time you are tempted to take a warranty out, look at the cost and then put that sum in a building society account or similar and, if you do have a breakdown, there should be enough in the account, not only to repair the appliance, but, probably, replace it if necessary.
Have you stopped buying papers?
Retiring and living frugally in money from downsizing after years of stress


10/10 for their cheek!