I’d like a place where warranties aren’t a factor when discussing BIFL items. I know that some feel otherwise but for me the appeal of BIFL is NOT frugality (though it often overlaps) but rather in owning high quality, long lasting, repairable items. It also has an aspect of sustainability as I hope to only buy one of something and not have to consume multiples of the same thing when I replace them with a warranty. Also worth noting is that warranties are only good as long as the company issuing them still exists and honors them but high quality things will continue to work.
Anyway, excited to see this community here but I’d like a rule against warranties being considered when assessing if something is BIFL.
Life time warranties do contribute significantly to a buy it for life decision. Lets take automotive tools. I use mainly Gedore tools to maintain my vehicles. A few years ago I found a clapped out, worn, ratchet in a second hand toolbox I bought. Took it to my local dealer to find out about replacing the mechanism and they outright replaced the ratchet with a brand new one. At no cost to me and I was not even the first owner.
My own set Gedore of sockets and spanners are still in perfect condition after 20+ years of use. Yes I paid double store brand prices back in the late 90s for them, but I am sure they will be heirloom tools one day.
It really depends on what you are buying, but lifetime warranties does contribute to the decision.
I work in the clothing space and most people are moving away from them because there’s been a sudden very sharp uptick in abuse. We had a product that we made for a major retailer that have a lifetime guarantee against defects in workmanship. Certainly, there were always some consumers who’d legitimately wear it out and ask for a replacement every 5 years, but the number that would actually follow through was comparatively small.
However, the returns skyrocketed a few years ago and we actually went to the trouble of having all the product collected and shipped back to us so we could analyze it.
I don’t really understand the shift, but it really feels like a few shitty people ruining a good thing for everyone else.
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Lots of that stock is made specifically for Rack - there’s definitely some returns and end of line product that ends up there, but many of the branded goods at “outlet” stores is specifically designed for that market.