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[YZ250]

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. 

Regards
Alan

[Richie London]

i would spend the 300 on something else if it was me. but only you can decide yourself.

[YZ250]

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. 

[Richie London]

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. 

get the tea leaves out then 

[Osprey]

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. 

[Lazydocker]

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

[RobG]

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.

[YZ250]

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. 

As Rob said ^^^^^^ 

[Lazydocker]

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

[RobG]

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

[Kevin Wood]

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.

[YZ250]

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

Must admit, I'm always sceptical about these things but they were very prompt sorting it out. 

[Osprey]

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. 

[Kevin Wood]

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.

[tunnie]

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!