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Some warranties, for instance, may prohibit specific cosmetic changes.
In market economies, manufacturers of goods and services frequently provide warranties for their products.
The magazine also concluded that extended warranties for cars weren't worth the outlay.
It bought Regency Financial Holdings, a market leader in furniture warranties, for £44.7m in May.
Consumer electronics retailing is "historically a low-margin business that is dependent on extended warranties for profitability," he says.
If your mechanic is ordering the part for you and installing it, ask about warranties for parts and labor.
Early this year, SquareTrade, which sells warranties for electronics, reported that was seeing a 16.4% failure rate for Xbox 360s.
To reassure new customers, Ford has started offering five-year, 100,000-mile power-train warranties for 2003 models.
Critics claim NHBC, which provides 10-year warranties for most new homes in Britain, is failing to protect consumers.
Such information is sometimes available from warranties for equipment that customers fill in and return to the producer.
Find out how long the company has been in business, and if it offers warranties for the work.
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