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Chat Area => General Discussion Area => Topic started by: YZ250 on 15 August 2011, 12:18:23

Title: Opinions on Extended Warranty for TV's
Post by: YZ250 on 15 August 2011, 12:18:23
As per title......

I don't normally bother with extended warranty, basing my theory on the money spent on the warranty would go towards a new product if it goes wrong and if it doesn't go wrong I have lost nothing.
However, I did take out extra cover for five years when we purchased a new 46" Samsung LCD TV about three years ago, mainly due to the high cost of the TV. I'm glad I did, as when it was fourteen months old the LCD screen packed up. It was replaced under the Comet agreement but recently the LCD screen went again. This time they replaced the complete TV with a new LED one. As the LCD one was 'written off' this effectively terminates my extra cover contract ( even though it still had 17 months still to run ).
My question is, do I take out the extended cover again with Comet ( at a cost of almost £300 for 5 years ) or do I look for alternative cover from an independant for my new LED TV?
Apart from the cost, I have no issue with Comet as they repaired/replaced the TV promptly both times.
Opinions welcomed.  :y

Regards
Alan
Title: Re: Opinions on Extended Warranty for TV's
Post by: Richie London on 15 August 2011, 12:23:03
i would spend the 300 on something else if it was me. but only you can decide yourself.
Title: Re: Opinions on Extended Warranty for TV's
Post by: YZ250 on 15 August 2011, 12:28:55
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i would spend the 300 on something else if it was me. but only you can decide yourself.

It's times like this when I really really need to see into the future.  ;D ;D
Title: Re: Opinions on Extended Warranty for TV's
Post by: Richie London on 15 August 2011, 12:35:36
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i would spend the 300 on something else if it was me. but only you can decide yourself.

It's times like this when I really really need to see into the future.  ;D ;D


get the tea leaves out then  ;D ;D ;D ;D ;D
Title: Re: Opinions on Extended Warranty for TV's
Post by: Osprey on 15 August 2011, 13:10:05
I'd be surprised if they can unilaterally terminate your warranty agreement before its full term, having taken five years worth of money from you.

If your new LED TV is a warranty replacement, the existing warranty should continue to run for the full five years.  Or they should at least refund you pro-rata. 

Title: Re: Opinions on Extended Warranty for TV's
Post by: Lazydocker on 15 August 2011, 13:28:12
I rarely take extended warranties but, like you, did with the TV... Not sure if I'll have to claim but if I do I hope I have the same results as you have :y :y
Title: Re: Opinions on Extended Warranty for TV's
Post by: RobG on 15 August 2011, 13:36:19
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I'd be surprised if they can unilaterally terminate your warranty agreement before its full term, having taken five years worth of money from you.

If your new LED TV is a warranty replacement, the existing warranty should continue to run for the full five years.  Or they should at least refund you pro-rata. 

Warranty was on the original set. Warranty expires if set replaced.
Title: Re: Opinions on Extended Warranty for TV's
Post by: YZ250 on 15 August 2011, 13:37:27
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I'd be surprised if they can unilaterally terminate your warranty agreement before its full term, having taken five years worth of money from you.

If your new LED TV is a warranty replacement, the existing warranty should continue to run for the full five years.  Or they should at least refund you pro-rata. 


I initially thought this but they explained that ( like car insurance ) once the whole amount has been paid out in full, the contract has been fullfilled, therefore ending the contract.  :y

As Rob said ^^^^^^  :y
Title: Re: Opinions on Extended Warranty for TV's
Post by: Lazydocker on 15 August 2011, 13:37:45
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I'd be surprised if they can unilaterally terminate your warranty agreement before its full term, having taken five years worth of money from you.

If your new LED TV is a warranty replacement, the existing warranty should continue to run for the full five years.  Or they should at least refund you pro-rata. 

Warranty was on the original set. Warranty expires if set replaced.

Yep... Normally in the small print ::)
Title: Re: Opinions on Extended Warranty for TV's
Post by: RobG on 15 August 2011, 13:40:07
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Quote
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I'd be surprised if they can unilaterally terminate your warranty agreement before its full term, having taken five years worth of money from you.

If your new LED TV is a warranty replacement, the existing warranty should continue to run for the full five years.  Or they should at least refund you pro-rata. 

Warranty was on the original set. Warranty expires if set replaced.

Yep... Normally in the small print ::)
But if not, buyer will have a claim :y
Title: Re: Opinions on Extended Warranty for TV's
Post by: Kevin Wood on 15 August 2011, 13:42:50
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I'd be surprised if they can unilaterally terminate your warranty agreement before its full term, having taken five years worth of money from you.

If your new LED TV is a warranty replacement, the existing warranty should continue to run for the full five years.  Or they should at least refund you pro-rata. 


Indeed. I'd be having a close look through the Ts and Cs and the circumstances in which they can terminate their contract with you. I'm sure, if nothing else, they will state that, in the event of them terminating the contract, you are entitled to a refund in compensation for the shortening of the contract.

If not, I would say the terms are unfair, and may not be enforceable. http://www.oft.gov.uk/about-the-oft/legal-powers/legal/unfair-terms/guidance#named9

It was their decision to give you a new TV instead of repairing the old one, presumably because it was cheaper. I don't see why you should lose your warranty as a result.
Title: Re: Opinions on Extended Warranty for TV's
Post by: YZ250 on 15 August 2011, 13:43:58
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I rarely take extended warranties but, like you, did with the TV... Not sure if I'll have to claim but if I do I hope I have the same results as you have :y :y

Must admit, I'm always sceptical about these things but they were very prompt sorting it out.  :y :y
Title: Re: Opinions on Extended Warranty for TV's
Post by: Osprey on 15 August 2011, 13:54:54
Well well - you learn something every day. 

So, when the sales bod tells you that you are getting five years peace of mind, this is actually tosh. 

My wife bought a washing machine not so long ago with a five year warranty, having been told that this was a guarantee that she would have a working machine for the next five years.  Clearly not necessarily the case - shame we didn't get it in writing. 

Title: Re: Opinions on Extended Warranty for TV's
Post by: Kevin Wood on 15 August 2011, 14:06:10
Interestingly, I had a free 5 year "warranty" with a product recently and have the Ts and Cs to hand. It says that if they cancel the contract they will refund pro-rata for any complete months of cover remaining unless a claim has been made. >:(

So, they'll give you repairs, new TVs, etc. but, if they get bored with that, once you have made a claim, they can walk away. 

Not something I would pay money for, TBH, and certainly not £300.
Title: Re: Opinions on Extended Warranty for TV's
Post by: tunnie on 15 August 2011, 14:10:13
TV's are getting thinner, cheaper & better. Not worth it, any decent brand TV should last at least 3 years, if it goes bang just get a new one!
Title: Re: Opinions on Extended Warranty for TV's
Post by: YZ250 on 15 August 2011, 14:18:02
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Well well - you learn something every day. 

So, when the sales bod tells you that you are getting five years peace of mind, this is actually tosh. 

My wife bought a washing machine not so long ago with a five year warranty, having been told that this was a guarantee that she would have a working machine for the next five years.  Clearly not necessarily the case - shame we didn't get it in writing. 


The product is covered for five years and they will continue to repair it for the full five years but if parts are no longer available they can choose to replace with new ( effectively ending the contract with the original product ). In my case, the original TV was in excess of £1200, the replacement LCD screen cost them over £600 ( allegedly ).  ::) When the screen went for the second time in under three years, they suspected a TV fault, so opted to replace the complete TV. I obviously have a twelve month manufacturers guarantee with the new one.  :y
Parting with money for something that I can't see is painful.  ;D ;D
Title: Re: Opinions on Extended Warranty for TV's
Post by: cleggy on 15 August 2011, 14:19:57
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TV's are getting thinner, cheaper & better. Not worth it, any decent brand TV should last at least 3 years, if it goes bang just get a new one!

Agreed  :y
Title: Re: Opinions on Extended Warranty for TV's
Post by: Radar on 15 August 2011, 14:36:11
I think costco, makro and john lewis offer 5 yr guarantees on alot of their tvs. You could keep an eye out for a promotion
Title: Re: Opinions on Extended Warranty for TV's
Post by: YZ250 on 15 August 2011, 14:40:28
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TV's are getting thinner, cheaper & better. Not worth it, any decent brand TV should last at least 3 years, if it goes bang just get a new one!

Tunnie, my current LED TV can't get much thinner, it's only 20mm deep at its thickest point.  ;D ;D

As Radar said, John Lewis is a good place to buy a TV.  :y :y
Title: Re: Opinions on Extended Warranty for TV's
Post by: r1 on 15 August 2011, 21:06:41
but in most cases its a four years as you get one year free anyway on the tv,
Title: Re: Opinions on Extended Warranty for TV's
Post by: smithpa7 on 15 August 2011, 21:21:57
if you buy your TV from John Lewis or Fenwicks you get a 5 year warranty as standard :y :y
They will also match any other price!!