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Query about buying something when manufacturer has closed down

Candy53
Candy53 Posts: 2,548 Forumite
Part of the Furniture 1,000 Posts Name Dropper Photogenic
in Consumer rights
Hi everyone, 

I need to buy a new TV but haven't much money. I found one that was on sale. I looked into the manufacturer which is EGL, and found out they closed down in 2019. Will it be a bad move to buy it?

Thanks,
Candy
What goes around, comes around.

Comments

  • the_lunatic_is_in_my_head
    the_lunatic_is_in_my_head Posts: 9,916 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    You have consumer rights against the retailer, obviously any warranty wouldn't be honoured if the manufacturer no longer exists. 

    Have you considered second hand? Facebook or close by on eBay probably at a decent price.
    In the game of chess you can never let your adversary see your pieces
  • DullGreyGuy
    DullGreyGuy Posts: 18,613 Forumite
    10,000 Posts Second Anniversary Name Dropper
    Your statutory rights are with the retailer not the manufacturer so their financial stability is of more importance. You'll be buying at least a 4 year old TV with little chance of parts being available for repairs. Personally I'd be more minded to buy a secondhand TV that for the same price wont be as old and parts will be available for repair.
  • user1977
    user1977 Posts: 19,438 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    Does anybody even repair TVs these days?
  • Candy53
    Candy53 Posts: 2,548 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Yeah, think you're right, specially about the tele already being old. I'm not going to bother. I did think about trying to get a second hand one, so that's what I'll do. Thanks alot to you all.

    Candy
    What goes around, comes around.
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