Thanks in advance to people offering genuine advice.
Short version: My Lenovo laptop warranty is about to expire in the next couple of days. Is it worth renewing?
Detailed version
Hi OzBs
I bought a new Lenovo Legion Y530 laptop last year which came with 1 year off-site depo warranty. I did use the warranty once and not unsatisfied with it. The laptop originally came with a slightly defective touchpad which I didn't give much thought at the time of receiving the laptop (misaligned height of touchpad buttons with the lower right-side button going lose after the initial few months). After a few months I did raise the issue with support. Since I was out of the initial one month period they wouldn't take the laptop back for refund or replacement but (after I kicked up a bit of a stink) they did offer on-site replacement of the full front keyboard panel (separate touchpad replacement wasn't possible). Poor design laptop though because the technician literally had to disassemble the whole thing to replace the keyboard panel (I saw it because I was sitting right there). Long story short the keyboard panel was replaced and it's been working fine - no issues since then and it's been more than 7/8 months.
Now the warranty is about to expire in the next couple of days. The on-site 1 year extension costs ~ AU $113 which is like 10% of the cost of the laptop. I am completely torn 50-50 on extending the warranty. On one hand the issue with my laptop was quality related attributed to Lenovo and should not have happened in the first place. Also the fact that it was a new laptop and logically issues are likely to crop up in later years (where it won't be covered) rather than the first couple of years. On the other hand an issue did occur and was fixed without relative cost because I had the warranty and there is always the possibility of another issue cropping up resulting in costly repairs without warranty.
Q1) Do you guys renew your laptop warranties? Do you think it's worth paying the $113?
Q2) How many years do you guys keep the warranty renewals going?
I'll just offer the fact that the Warranty prices are calculated to always work out in their favour in the long run, over a large sample size.