Check your local laws... (Score 1)

IANAL (yet!) but I'm in 3rd year law and I'm actually working on a project re: consumer goods. Take a look at your local Sale of Goods Act and/or Consumer Protection Act. Take a look at whether the Act implies condition of quality or fitness or merchantable quality into the contract. If it does, then what the store is selling you is literally nothing. There's this great little Manitoban case that I found for my project (Citation is: Loewen v. Best Sleep Centre Inc. [2003] M.J. No. 11) - basically the plaintiff bought a bed, wasn't satisfied with it from the beginning but slept on it anyways for TWO YEARS before taking it back. The judge found that since the bed wasn't of merchantable quality from the start, the plaintiffs were entitled to damages. So basically when those salesmen are pressuring you to take the extended warranty, ask them what it covers. If it covers stuff that's already included in statute then tell 'em no.