Extended Warranties

[Alfahorn]

I'm about to buy a Panny TV and wanted to know whether the extended warranty is worth the money.

Of course, another option is to buy from JL but they don't have any stock at present.

[MaxAndRuby]

Don't ever insure anything that you're not legally obliged to do, unless it would take more than a year to pay for should it be written off. Put the policy money in a back account, and use a credit card to soak up any negative cash flow if you get stung at the start of this scheme.

Look at the balance in 30 years, and feel free to buy me a beer as a "thank you".

[E31Shrew]

The free Panasonic warranty was on offer until the end of Aug. Its a full manufacturers, not one of those from Domestic and General. If I were you , and if you are tempted, I would hang on until Nov 09 as I wouldnt be too surprised if the Panasonic one was reintroduced. To answer original question, I wouldnt BUT and extended warranty!

[Alfahorn]

MaxAndRuby said:

Don't ever insure anything that you're not legally obliged to do, unless it would take more than a year to pay for should it be written off. Put the policy money in a back account, and use a credit card to soak up any negative cash flow if you get stung at the start of this scheme.

Look at the balance in 30 years, and feel free to buy me a beer as a "thank you".

Cheers.

I don't want to wait 'til November to buy my TV, so I will probably buy one without the warranty and be done with it.

[hairyben]

MaxAndRuby said:

Don't ever insure anything that you're not legally obliged to do, unless it would take more than a year to pay for should it be written off. Put the policy money in a back account, and use a credit card to soak up any negative cash flow if you get stung at the start of this scheme.

Look at the balance in 30 years, and feel free to buy me a beer as a "thank you".

^What they said. Plus you actually get the item fixed properly/replaced, not bodged back into service as cheaply as possible to last another month.

Extended warranties are the biggest rip in the book, had one on a walkman once (I was 17 okay, and the things were lasting me 6 months a go, so it seemed to make sense...) and, after 5 months of pretending-to-fix-it-and-giving-it-back-faulty, I had to have a major row on a saturday morning at the ass. manager of dixons (I was 17 okay... ...) and eventually got it replaced with a new one. Which I promptly gave away to a mate (had passed my test and bought a car in the meantime, didn't need it anymore, but a matter of principle)

[headcase]

I beg to differ, i work in the service industry and know that plasmas and LCD's screen fail, i see it on a daily basis, basically the ones with warantees get repaired and the ones without go in the bin, so its just a case of deciding if its worth it cost wise.