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[YZ250]

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. 
Parting with money for something that I can't see is painful. 

[cleggy]

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 

[Radar]

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

[YZ250]

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. 

As Radar said, John Lewis is a good place to buy a TV. 

[r1]

but in most cases its a four years as you get one year free anyway on the tv,

[smithpa7]

if you buy your TV from John Lewis or Fenwicks you get a 5 year warranty as standard
They will also match any other price!!