I am thinking of buying a ~$2000 15'' MBP retina from Best Buy...

Discussion in 'MacBook Pro' started by galaksy, Aug 13, 2014.

  1. galaksy macrumors 6502

    Joined:
    Apr 19, 2014
    #1
    Mainly because of the no-interest 18 month financing.

    Should I buy a 3 year black tie warranty? Does anyone know how much it would cost?

    I heard that Apple will replace monitor up to 3 times though even if you don't have a warranty. Is that true?
     
  2. blooperz macrumors 6502

    Joined:
    Dec 10, 2013
    #2
    If its a defective screen and within the 12 month initial purchase? sure....if you damage it? not a chance. As for best buy warranties I would avoid them like the plague...there are much MUCH better warranties out there.
     
  3. galaksy thread starter macrumors 6502

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    Apr 19, 2014
  4. Shanewilliams macrumors 6502a

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    Apr 3, 2010
    #4
    Personally, I like squaretrade myself.
     
  5. galaksy thread starter macrumors 6502

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    Apr 19, 2014
    #5
    Why do you like it?
     
  6. Justin Horne macrumors newbie

    Joined:
    Jun 3, 2007
    #6
    It covers everything Apple does, plus accidental.


    The only big drawback thing with them is that you don't have unlimited fixes. Say you buy the $2000 plan, and your screen dies, and you they cover the $800 replacement. If you then spill water on it and destroy it, you'll get a check for $1200.


    That said, I still think it's better than Applecare, personally. Yes, parts break, but on the whole, with the moving-part-free design of the new Macbook models? I think that overall, you're much more likely to drop it than just have a part die. That said, could totally be wrong, your miles may vary.

    Also, for those of us not near an AppleStore, in store service doesn't really matter.
     
  7. galaksy thread starter macrumors 6502

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    Apr 19, 2014
  8. sdimas macrumors member

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    Jun 14, 2014
    Location:
    USA
    #8
    If you have the cash, why not take advantage of their 10% back in rewards?
     
  9. galaksy thread starter macrumors 6502

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    Apr 19, 2014
    #9
    $200? Do you have to pay all at once? I don't have the cash. I would have if I haven't gave some to my parents and they don't have the cash ready unless they take out of credit card.
     
  10. vpro macrumors 65816

    vpro

    Joined:
    Jun 8, 2012
    #10
    Not a good move.

    Please don't do it. Ask them if they have an open box model and demand that they bundle all offers FREE, yes FREE, demand it, they are desperate to make a sale. Unless you are desperate then go for this but it wont be pretty. If you need 18 months to pay off something like a simple notebook computer - I'd say get saving that cash today, the fees of missing a payment will put you into more debt than your University education will.

    Does that make sense?
     
  11. galaksy thread starter macrumors 6502

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    Apr 19, 2014
    #11
    Well, if there is no interest I think it is always wiser to have financing.

    Surely parents will be willing to pay for $110 or so a month for the computer until I can get another job at least.
     
  12. kfmfe04, Aug 16, 2014
    Last edited: Aug 16, 2014

    kfmfe04 macrumors member

    Joined:
    Jun 19, 2010
    #12
    fwiw, vpro is right.

    Dang! This is the way you think after you just posted this kind of message?

    It's really none of my business how you want to spend your money, but this kind of thinking is clearly dangerous, imho.

    My advice here will probably fall on deaf ears, but here it goes:

    Mathematically, it seems better to have no interest financing. But due to psychological twisting effects of how much money you really have (in fact, it's a sales machination on their part to make you buy something you can't afford), I feel you should never use financing unless you have the cash to pay it outright - the one exception is for real estate, but even then, you must be extremely careful due to bubble cycles that exist on the scale of decades.

    For your reference, when I bought my first computer, the original 128k Mac in 1984 for $2,499 + tax with my own savings in high school, I made sure I had at least $5,000 in the bank before I even considered buying a computer - having nothing in the bank is dangerous.

    Today, I will not spend more than 5% of my liquid assets on a vehicle (a declining asset) or 0.5% on a computer (also a declining asset), even though I can technically afford to spend more. These are not even hard percentages - as I save more money over time, I want to push these percentages lower.

    IMHO, it's a waste of money to spend any more on expendables whose values approach zero over time - I don't even want to refer to these things as assets. Overspending on computers is an especially bad idea as they are virtually guaranteed to get cheaper and faster over time. They also become obsolete faster than most vehicles.

    I also keep all my machines (with minor upgrades) for at least 5 years before buying a new one... ...and this is coming from someone who actually uses computers to make money (Software development is my career, so computers are the tools of my trade).

    Warranties are extremely tricky things - quite often, the people who can afford them shouldn't buy them, as statistically, it's cheaper to pay out-of-pocket.

    OTOH, the people who have trouble paying for warrantees really should buy them, if they really need running machines for their trade.

    As you may have guessed already, I have personally never paid for warrantees for computers and just buy replacement parts myself when things break. It has worked out in my favor so far - knock on wood.
     
  13. taelan28 macrumors regular

    Joined:
    Jan 15, 2014
    #13
    LISTEN TO THIS MAN!
    Dang man. I'm pretty tight fisted and stuff but you put me to shame. 5% liquid assets on a car? Damn. You must have some money. To my credit I've never owned a car, but I've put 10%/$1000 of my assets on a used motorcycle. I also admire you for having your computer as a capital good, whereas I like my shiny, overpriced electronic **** for wasting time on youtube and clickbait websites.

    OP, you dont have the cash. By the time you're ready to start paying for it in 18 months your computer would have lost its shiny luster, there' be better things on the market and you'd likely have other stuff to pay for.

    If I was around you I'd slap you and tell you to get a damn job, save a few bucks and buy a goddamn Dell you could afford. I dont say that to be an anonymous jerk on the internet, nor play the "Im smarter than thou" and "its for your own good," but it is for your own good. You're trapping yourself and making yourself someone's "Toby/Kunta Kinte" by doing financing.

    I can say with perfect honesty that I wish someone would have beaten the hell out of me when I was younger so I'd be something more than an English teacher in Korea (I do love my job though and coming to Korea was the best decision of my life). Even today I would someone would come up and slap me every minute Im not getting my 'ish' together so I'd go get more money, a bigger apartment, more friends and hotter women.

    kfmfe04 has his stuff together. This man sounds like he hasn't got a problem in life, and if the economy crashes or work dries up he's just going to take a vacation until things get better.
     
  14. taelan28 macrumors regular

    Joined:
    Jan 15, 2014
    #14
    If you have good parents they pay for your food at home and let you borrow the car until you crash it/screw up, thus cutting your living expenses to ZERO. Get your $7/hr part time job, work it for 5 months and enjoy your shiny aluminum paperweight, instead of "buying" it now, then start paying for it 18 months from now and finish paying for it 24 months after that.

    I listen to Tom Leykis and his "Money mondays." I dont need his advice because I never borrow money and most of his advice is 'ish' I've been doing since I was 8, but he had a listener write in. The listener borrowed $18k to finance a jeep purchase. 10 years later the jeep is totaled, and after calculating he realized he paid $30k over the years for a $18k jeep. Here's the kicker, even after the jeep was done and gone he still wasn't done paying for it. The listener regretted buying the jeep and wish he just would have worked hard for 2 or 3 years and saved the money for the jeep.

    I also had a coworker borrow $20k for a truck when he was in his early 20s. Got drunk, crashed it and put a dent in his skull and still had to pay back the debt. Now, Im not saying your stupid and you're gonna smash your computer, but I am saying you're WAY better off paying for this thing out of pocket.
     
  15. galaksy thread starter macrumors 6502

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    Apr 19, 2014
    #15
    The 18 month finance is paying 1/18 of the price per month. By the 18th month be done paying for the laptop.
     
  16. DeltaMac macrumors 604

    DeltaMac

    Joined:
    Jul 30, 2003
    Location:
    Delaware
    #16
    Unless you make a late payment - or miss one.
    Interest kicks in then.
     

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