Should I purchase the extended warranty for a Samsung?

[Schadenfroh]

Samsung LCD in Question

Three year warranty plan that I am considering

Worth it or do samsung LCDs not need warranties?

 

[zinfamous]

Samsung recently sent me an offer to extend my 1 year manufacturer warranty for 3 years (I'm nearing the one year mark) for a "measly" $750. I paid $1k for my TV last year...I'm thinking that in 3 years time, that $750 will buy me a new and better TV if the need should arise (I don't see that need arising). I paid ~$300 for the BB extended warranty, so I'm already covered.

needless to say, I find Samsung's offer laughable

in your situation, that $175 looks pretty damn good. Probably well worth it. gives you a total of 4 years, and has a replacement clause--make sure it covers your model. I don't know anything about GE's service response or quality, so that's probably the main thing to consider.

 

[coaster831]

That's not a terrible price for the warranty, but most LCD TVs are pretty reliable- have you considered just using a credit card that extends the manufacturer's warranty by an extra year for free (like Amex Blue or some Visa cards)?

 

[SuperNaruto]

in similar boat for the LNT5265F, have you used or had any review of the GE warranty before ? just curious if i needed it also.. thanks..

 

[dclive]

You might read Consumer Reports - I think their most recent issue or the one before that had failure rates for LCD / Plasma displays. For most models I seem to remember numbers like 3-5% failure, so if you're on the high end of that and you have it 3 years, that's a 15% failure rate incident. Assuming the warranty costs $300, and an average repair is $300 and it breaks once if it breaks for someone, then for every $4500 they pay out, they take in $30,000. They're robbing people.

Buying an extended warranty, the vast, vast majority of the time, is a really bad idea. You're essentially betting against yourself when you do so - that something will fail. If you believe the equipment is that unreliable, don't buy it.

What you should do, though, is find a credit card that doubles your warranty for free. *That* is a smart idea - and you can't beat free.

 

[Chunkee]

my 40 lcd samsung was 299 for 3 year at HHGregg...much better than extended warranty...they send tech to look/fix it...if they cannot, they give you money back or new TV...

jC

 

[Chunkee]

oh...HHGregg matched the Amazon price for my TV on both of them, the REGZA and SAMMY

jC

 

[Schadenfroh]

Ended up just using the extra year warranty that came with it by purchasing with the Visa.

 

[montypythizzle]

Originally posted by: Schadenfroh
Ended up just using the extra year warranty that came with it by purchasing with the Visa.

Good idea. My LCD monitor (not as complex as an LCD with many more features/functions, etc..) still only has the one dead pixel that I am aware of, and no problems so far, and it has been around a year and maybe a half.