"The new appliances of today will not last as long as the older ones.
The
average lifespan of a new major appliance is probably about 5 to 7
years,
from how I can see that they are built. Twenty years ago, they could
easily
last about 10 to 12 years if taken care of.

When buying new appliances, I always take the factory extended
warranty.
I've used it on a number of occasions for the stove, microwave, and
fridge.
It included an in-house visit, which saved me a lot of problems. When
considering the high cost of appliances, and the high cost of the
service,
it is a gamble to take an extended warranty for it. "

I don't know what appliances you're buying, but all of mine have lasted
a lot
longer than 5-7 years. All my kitchen appliances are now 16 years old
and
working fine. Washer/dryer are 7 years old, with no problems at all on
any of them.
Just replaced a GE disposal unit that was 16 yrs old, only because a
pipe had
corroded and to fix it, I had to remove the disposal, which broke the
connecting
mechanism.

IMO, the extended warranties on any appliances, TV's, stereos, etc fall
into the
same catagory as the home warranty programs. If you save the money you
would
spend on all these things, it more than covers repairs, eventual
replacement, etc.
Plus you don't have the experience of finding out that whatever finally
goes, they
may not fully cover or you have to argue to get it, etc.