LOL that's YOU though. Come on man. Do you think the majority is like you with their finances? No.
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Apple care for new Apple Silicon iMacs
- Thread starter ravinder08
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Yes, fewer moving parts reduces the odds of certain kinds of repairs. But I don't recall lots of postings about "I'm glad I got AppleCare because my fan failed." Main logic board replacements tend to be much more expensive than fans. While the heavy integration into the M1 SOC dramatically reduces the component count on that board, those components that remain on the board are still subject to failure (although reducing component count generally does improve reliability). The power supply is still present, I/O ports still present, display, keyboard... Yes, overall reliability has likely improved with the latest design, but they still are manufactured goods coming from the same factories that make the Intel-based Macs.
And if M1 makes Macs more iPhone/iPad-like... ask the same AppleCare question about iPhone/iPad. Cracked displays may be less prevalent in laptops than iPhone/iPad, and even less common in iMac, but laptops seem to be very susceptible to spills.
Otherwise... yes, those who can self-insure are likely to save money in the long run. The attractiveness of insurance is somewhat based on personal finances - the harder it would be to come up with the money to promptly repair/replace an essential item, be it a house, car, laptop, or smartphone, the more attractive insurance will seem. It may cost more in the long run, but in the short run it may be the difference between a prompt replacement/expensive repair and something far more affordable. Different people will have different thresholds of affordability.
And if M1 makes Macs more iPhone/iPad-like... ask the same AppleCare question about iPhone/iPad. Cracked displays may be less prevalent in laptops than iPhone/iPad, and even less common in iMac, but laptops seem to be very susceptible to spills.
Otherwise... yes, those who can self-insure are likely to save money in the long run. The attractiveness of insurance is somewhat based on personal finances - the harder it would be to come up with the money to promptly repair/replace an essential item, be it a house, car, laptop, or smartphone, the more attractive insurance will seem. It may cost more in the long run, but in the short run it may be the difference between a prompt replacement/expensive repair and something far more affordable. Different people will have different thresholds of affordability.
A lot of Costco members have the Costco credit card, it also acts as a membership card and gives cash back in the form of an annual voucher.
The fan is the only mechanical component in a modern Mac (unless you count the USB ports as mechanical). They also spend their lives sucking in dust so failure is probably more likely than any other part. In most computers including even MacBooks, replacing a fan is easy. An iMac is much harder to replace the fan in. I would never attempt it myself though I would be happy to replace the fan in most computers.
Yes, people do pay in full each month!
My Citibank Costco VISA I pay in full every month to avoid interest.
I practice under 5% utilization of my $100,000 TCL.
That's the truth about credit.
Nice my entire family including myself has a Costco membership with no Costco card. Hey let it go man. What does it matter at this point? There's only two configurations and only one color (blue) available. No BTO options so you have to take what they sell. That alone will greatly reduce the amount of people buying it through Costco. Sorry your Costco card can't fix that. 🙄
That's really nice. You don't speak for the majority though. Just because you pay your credit card off every month means nothing. Not sure why you felt that to be necessary to mention it. LOL you're not really doing yourself any favors by doing that anyway. 😁
Still matters not. Costco has only two machines in one color. Not much of an incentive to buy there.
That's a very American thing though, having a credit score or not paying debt is unheard of in Europe as far as I know. Not that we're without debt, but all the credit card system you have is very peculiar of USA. That's also a bummer, we don't have credit card points here for discounts etc. XD
Almost half of people in U.S. pay off credit card every month (aka "transactors").
About a quarter carry a balance most of the time (aka "revolvers").
At least in 2017. Might be a bit different now:
Source:
About a quarter carry a balance most of the time (aka "revolvers").
At least in 2017. Might be a bit different now:
Source:
I used to be skeptical of using CC points, but now they are in the form of cash refunds (instead of things like airline miles), I have come to fully embrace them. I now pay for everything I possibly can via CC, pay it off fully each month, and hence "make" about $100/month in cash rewards on my CCs. It accumulates quite quickly.
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It is because of EU regulations, which prohibit CC companies charging merchants more than 0.3% of the transaction value, so the CC companies cannot afford to give CC perks in EU.
Somebody has to pay for the CC perks. Here in U.S., the CC transaction fees are far more, at about 2 to 3% (which are ultimately passed on to the consumers), and the interest rates for revolving credit are exhorbitant (around 20%). This is what pays for CC cash rewards. But if you work the system, you can definitely take advantage of it. I don't necessarily advocate the "wild west" system here, as it basically takes advantage of those less fortunate or less informed.
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