Originally Posted By: GiveMeAVowel
Bingo, it seems that most appliances made after the late 90s are
made to fail just outside of their factory warranty, but even more disturbing is that many of these newer units especially items made in the past decade have many serious design and manufacturing flaws from that get go which can cause major problems like freeze ups in condenser drainage system, failing motors and compressors, ect.
The problem with most reviews is that the only ones who really complain are the ones that have a problem. There were 8 million refrigerators sold last year. Even if just 1% of the people complain, that's 80,000 negative reviews. And 80k is a lot. So now you'd think that all new ones suck, but think that the older ones are great, but there's no reviews on them because they pre-date the internet age.
Lowes will also sell you a 5 year warranty for $110 on an appliance up to $1000. Assuming that half of that is probably profit and admin overhead, it's probably less than 5% of the purchase price going toward premiums. That means the odds of one dying on you are very low over 5 years. Remember, they're still designed to last 13-19 years no matter what people may say.