Extended TV Warranty?

vipergrm

born_again said:

vipergrm said:

 employee

I'm not an employee. It was through a special discount scheme via Perksatwork. Thanks

MSE idea.

Put the money you saved via perks at work & say £10 a month into a savings acc to cover cost of a ins package. If it does not breakdown, like the vast majority of TV's then you are quids in. If it does then you have a fund to cover the costs 👍

>>I'm pondering over whether or not to return the TV because of the warranty.<<
On what basis? You are passed the 14 day online return. Guessing you bought online. If bought in a shop then no hope of a return on that basis.

Thanks. You mean set £10 a-side for potential repair costs? I'd be fairly sure that if the TV did break down, it would cost an absolute fortune to repair, so unlikely I would have anywhere near enough to cover the repair. Unless I am reading this wrong :-)

I haven't even got the TV yet and I'm not sure why you are assuming I'm past the 14 days return. It doesn't even arrive until next week. Also, Samsung offer a 28 day return.

shiraz99 said:

born_again said:

vipergrm said:

 employee

I'm not an employee. It was through a special discount scheme via Perksatwork. Thanks

MSE idea.

Put the money you saved via perks at work & say £10 a month into a savings acc to cover cost of a ins package. If it does not breakdown, like the vast majority of TV's then you are quids in. If it does then you have a fund to cover the costs 👍

>>I'm pondering over whether or not to return the TV because of the warranty.<<
On what basis? You are passed the 14 day online return. Guessing you bought online. If bought in a shop then no hope of a return on that basis.

Where does the OP say that? All he stated is that he's paid the first monthly payment, but this probably would've been paid up front.

@vipergrm, can you tell us the make/model of TV you purchased, and who from?

Thanks you are correct. I never said anything about being outside the return window. I haven't even got it yet :-)

It's a Samsung 75QN95A TV purchased from the Samsung EPP store. This is basically a store with some additional discounts via Perksatwork. I guess it's similar to Blue Light Card holder discounts. They give a 5 year warranty with their normal store, but not with the EPP store.

mobileron

Try Domestic and general for insurance.

vipergrm

mobileron said:

Try Domestic and general for insurance.

That was actually my first thought, but unfortunately it seems they no longer offer this service. It looks to be only appliances now.

vipergrm

vipergrm said:

mobileron said:

Try Domestic and general for insurance.

That was actually my first thought, but unfortunately it seems they no longer offer this service. It looks to be only appliances now.

Actually I stand corrected. I gave them a call there and they said they do actually still cover TVs. It was removed from their site because they did stop doing it for a while, but apparently they are re-introducing it. I would expect TC warranties will be available on their site again soon.

I was quoted just over £8 which includes accidental cover. This seems very reasonable to me however, this is only the first year cost because the TV is still under warranty. They were unable to quote me an outside warranty price. I probably should have just told them it was out of warranty but it didn't cross my mind.

TELLIT01

vipergrm said:

born_again said:

vipergrm said:

 employee

I'm not an employee. It was through a special discount scheme via Perksatwork. Thanks

MSE idea.

Put the money you saved via perks at work & say £10 a month into a savings acc to cover cost of a ins package. If it does not breakdown, like the vast majority of TV's then you are quids in. If it does then you have a fund to cover the costs 👍

>>I'm pondering over whether or not to return the TV because of the warranty.<<
On what basis? You are passed the 14 day online return. Guessing you bought online. If bought in a shop then no hope of a return on that basis.

Thanks. You mean set £10 a-side for potential repair costs? I'd be fairly sure that if the TV did break down, it would cost an absolute fortune to repair, so unlikely I would have anywhere near enough to cover the repair. Unless I am reading this wrong

born_again suggested putting the £500 saving on the initial cost plus £10 per month away to cover possible repair costs.  The added benefit being that if nothing does go wrong within 5 years you would be able to afford a decent holiday.

powerful_Rogue

Each to their own in regards to extended warranties, however does seem like a waste of money to me.Especially in the first year when the TV is under warranty.

vipergrm

TELLIT01 said:

born_again suggested putting the £500 saving on the initial cost plus £10 per month away to cover possible repair costs.  The added benefit being that if nothing does go wrong within 5 years you would be able to afford a decent holiday.

I totally understand and in most cases this is definitely a smart idea however, I could almost guarantee that the repair on this set which retails for around £2k at the moment would cost significantly more than £500. For appliances etc then this makes absolute sense, but I don't think it will cover most repair costs. A panel defect or the One Connect box is the most likely things to fail (if it all) and they will be the most expensive to repair/replace. Other than that, I agree with this logic.

powerful_Rogue said:

Each to their own in regards to extended warranties, however does seem like a waste of money to me.Especially in the first year when the TV is under warranty.

Yeah I'm not going to take it out for the first year anyway. The carrot they were dangling is that their warranty also covered accidental damage. I already have this cover through house insurance. If it was £8 after the warranty has expired then it makes a lot more sense, but I would guess it's going to cost probably twice that amount.

longjohnjohnson

vipergrm said:

TELLIT01 said:

born_again suggested putting the £500 saving on the initial cost plus £10 per month away to cover possible repair costs.  The added benefit being that if nothing does go wrong within 5 years you would be able to afford a decent holiday.

I totally understand and in most cases this is definitely a smart idea however, I could almost guarantee that the repair on this set which retails for around £2k at the moment would cost significantly more than £500. For appliances etc then this makes absolute sense, but I don't think it will cover most repair costs. A panel defect or the One Connect box is the most likely things to fail (if it all) and they will be the most expensive to repair/replace. Other than that, I agree with this logic.

powerful_Rogue said:

Each to their own in regards to extended warranties, however does seem like a waste of money to me.Especially in the first year when the TV is under warranty.

Yeah I'm not going to take it out for the first year anyway. The carrot they were dangling is that their warranty also covered accidental damage. I already have this cover through house insurance. If it was £8 after the warranty has expired then it makes a lot more sense, but I would guess it's going to cost probably twice that amount.

It if doesn't fail within a year, it's unlike to fail any time soon.

https://www.sciencedirect.com/topics/engineering/bathtub-curve