Not a washing machine but a cooker, bought in the January sales in Cambridge in the mid 1990's for around 500 GBP.
Did I want the extended warranty? No thank you.
What about failures? Is this an unreliable cooker? No. OK then no extended warranty.
But the halogen hobs are very expensive when they fail. And so on for 5 minutes or more.
My slighly exasperated final response, "Can I buy this cooker without an extended warranty?"
It's now 20+ years later. For the last 10 years the cooker has been operating in an open air house kitchen in Phuket with the sea air doing it's best to encourage lots of surface rust. Several years back the digital clock failed and I had to bypass it to get power to the main oven. One of the hob switches was threatening to go intermittent last year but the problem went away. Last month a lightning strike punched a hole through a wire's insulation and burnt out a connection (now spliced).
Extended warranties are to make money for the retailer. If you can afford to carry the risk then you'll normally make money out of the deal.
Please excuse the telling of this off topic tale; my traditional family audience now regards this story with ill disguised boredom.
Edited By Colin Whittaker on 29/09/2017 04:07:49