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Home audio & video: Is extended warranty for LCD TV worthwhile ?

by Bandung157 - 6/23/09 8:40 PM
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Post 1 of 10

Is extended warranty for LCD TV worthwhile ?

by Bandung157 - 6/23/09 8:40 PM

I have just purchased a 46" Samsung LN46B750 and a 52" Samsung LN52B750
The question is whether to spend an additional $249 for an extended
5 year warranty for each set (total $498).
I purchased both sets with the Am. Exp. Card so I will have 1 yr. from
Samsung and 1 year from Am. Exp. (2yr. total coverage).

Therefore, the 5 yr. extended warranty will give me 3 additional yrs.
The 52" tv will probably be on 12 hours a day.
The 46" tv will probably be on 4-5 hours a day.

Any advice will be greatly appreciated.
Thank you very much,

Post 2 of 10

Just an observation....

by Willy - 6/23/09 9:00 PM In reply to: Is extended warranty for LCD TV worthwhile ? by Bandung157

IMHO, I believe the ext. warranty are a racket that's pure profit for the vendors. It has been mentioned often enough by consumer groups, that ext. warranties maybe more for a "feel good" item for the customer. Electronics are build well enough they don't have that many problems because the makers really feel the pinch if they can't sell product as the word gets around. However, in my local personal experience many a buyer has brought the ext. warranties mainly because of the huge cost items and a little more for an ext. warranty doesn't seem bad. However, it always good to read the "FINE PRINT" and see just how the warranty works, factory and ext. warranty can be a real different experience. Plus, save those important papers in a safe place plus the box the LCD came in. If you like check out consumer reports on the products you plan to buy and review written feedback and anything else.

tada -----Willy :)

Post 3 of 10

Ext. Warranty

by Bandung157 - 6/23/09 10:00 PM In reply to: Just an observation.... by Willy

Thanks for the feedback.

Post 4 of 10

Call your

by samkh - 6/23/09 9:26 PM In reply to: Is extended warranty for LCD TV worthwhile ? by Bandung157

local Samsung authorized repair shop and ask them how much it would cost you if you had to replace the screens out-of-warranty. I know, it won't make your decision any easier but at least you will know the risk magnitude.

Post 5 of 10

Extended warrantys = huge profits

by rje49 - 6/26/09 7:13 PM In reply to: Is extended warranty for LCD TV worthwhile ? by Bandung157

It's been many years since it occurred, but for giant retailer Sears, the difference between their annual profit and potential loss was the huge profit made on extended warranties. So, if big corporations profit so much on these, what does that tell you? When I buy an expensive appliance, and the salesman is pleading for me to buy an extended warranty, I say "If I thought it was needed, I wouldn't buy this brand!" I've NEVER bought one and I've NEVER regretted it. True, it's a bit of a gamble, but I like the odds.

Post 6 of 10

Extended Warranties Good or Bad?

by JCipo - 6/26/09 8:40 PM In reply to: Is extended warranty for LCD TV worthwhile ? by Bandung157

Extended warranties are ripoffs until you find out that your expensive device now doesn't work and it will cost you as much or even more to repair it. If you can get 2 years protection then you have enough there. In electronics, any item more then 2 years old is considered outdatted. And if it is replaced 2 years later, then you'll usually get the item which is now half the price you paid them for the item.

Post 7 of 10

Only if it gives you your money back.

by Fredmoore - 6/27/09 7:52 AM In reply to: Extended Warranties Good or Bad? by JCipo

1. Many credit cards double the manufacturer's warranty.
2. Get it for something so unreliable you expect it to fail within the warranty, like Harbor Freight power tools.
3. Consider an extended warranty if it gives you back your purchase price to use on something else, such as those from Best Buy, Office Max, or Staples. I've been replacing my cordless phone system every 2 years for free this way.
--Keep all your paperwork, note the expiration dates on a calendar.

Post 8 of 10

black tv

by glenwr - 7/1/09 7:03 AM In reply to: Is extended warranty for LCD TV worthwhile ? by Bandung157

At least the screen. Samsung LNR408D bought new at Sears. Did not by ex-warrnty. Now no pitcher or sound. Used less then one Yr. No help at sears getting parts or repair,was told should have bought ex-wa. cost to much to fix 3yrs old.

Post 9 of 10

used less than one year=under warranty?

by Pepe7 - 7/2/09 8:57 AM In reply to: black tv by glenwr

I don't follow you completely. It can help to write in complete sentences for clarification purposes sometimes ;).

Sorry to hear of your troubles though. stYou only used in for less than one year? It should have still been under manufacturers warranty, unless it was some sort of strange floor demo arrangement @ Sears. Did you contact Samsung? Maybe someone @ AVS forum can assist with a repair outside of normal channels.

-Pedro

Post 10 of 10

3yrs old.

by glenwr - 7/2/09 6:56 PM In reply to: used less than one year=under warranty? by Pepe7

Thanks pedro but the reason it was only used less then a year was we did not live in that house but about 6 months out of each yr. I was hoping to find the right boards at a fair price. Sears has them but wont sell except to there repair man. thank you. glenw

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