Service Plan & Warranty Explained
All electronic retailers make a majority of their profit from selling warranties or what Best Buy likes to call “Service Plans”. There is a slight difference between the two which will be covered later (unless I forget to).
Best Buy offers 3 main types of service plans that are specific for different groups of products. They are called “GSP”, “GSPT”, and “GSPR”
GSP = Geek Squad Protection Plan
GSPT = Geek Squad Total Protection Plan
GSPR = Geek Squad Replacement Plan
However there is a new service that was introduced at the end of June 2015. It is called “GSM” = Geek Squad Membership.
If you ever purchased a product over a few hundred dollars, chances are you have been offered a service plan by the sales associate. For more information on the difference between these 4 service plans and whether it is necessary for you; please refer to the articles below.
- GSP Explained (Coming Soon)
- GSPT Explained (Coming Soon)
- GSPR Explained (Coming Soon)
- GSM Explained (Coming Soon)
- What is Geek Squad? (Coming Soon)
- Are Service Plans Necessary?? (Coming Soon)