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.

  1. GSP Explained (Coming Soon)
  2. GSPT Explained (Coming Soon)
  3. GSPR Explained (Coming Soon)
  4. GSM Explained (Coming Soon)
  5. What is Geek Squad? (Coming Soon)
  6. Are Service Plans Necessary?? (Coming Soon)