Now comes the rude awakening when you find out what your 'you beaut extended warranty' is really worth.
My guess is,.. close to nothing. Specially if it's nearly run out.
The most probable result will be they will ask you to send your tv to some distant place at your expense where it will be held for a variety of reasons / lame excuses until the warranty runs out, and then send it back to you, also at your expense, when you discover to your amazement that it's no different than when you sent it. Or better still, has an entirely different fault on it because they swapped over the insides with someone elses faulty tv because they couldn't fix that one either.
By then it's out of warranty so it's all your problem.
Does that cheer you up?
You're welcome. Glad to be of service.

Basic question further to above... Is the extended warrantee worth it.... ???

I seem to remember a similar topic on here in the past....

The companies that offer the extended warranties have done the statistics. They intend to make money. If you've got half a dozen appliances the stats will probably work your way if you cover the probability of a breakdown yourself.

I use the same logic with all other insurances. If you can cover the cost of repair or replacement without going into financial ruin don't insure. I've got the house insured, that's about all. I only get third party property damage on my car. I think I could write a newish one off now and still be ahead.

Simondo said...
Question: It's a 42" Sony through Harvey Norman, have people had experience on what usually happens... Do they attempt to repair them... Or are they more likely to just offer a replacement? (The problem, screen is quite "flickery" on warm-up, and pretty bad "dis-colouration" on warm-up - I'm talking 3,4,5 minutes for it to come good)....

This is the exact fault my parents had with their Sony T.V
They also had an extended warranty.It took about 2 weeks to get someone out and they simply swapped the screen over. Took about 10 mins

Cool, thanks guys. Thanks OB64, and how's my old McTavish Malibu?

But feel free to continue the comments, experiences, etc.

Only time I ever bought E/W was on my $800- front loader washing machine. Thought I got stitched-up as I only bought it cos the sales chick was so cute.
I've now used up the entire $800- allowance for repairs over the 4 years changing belts and the display panel.
But even with that I'd be hesitant to do it again...

I guess with the EW its like insurance - its nice to have but you never really want to use it!!! The Harvey Normans of this word make a fortune on this - HN would most probably be acting as an agent who gets a fee from the finance company that provides the warranties. They know that if 10 sets in 500 fail it does not bother them at all - if it was 400 out of 500 there would be hell to pay - but they know the margins they require and build lots of fat in. If you can afford to self insure you will be better off. Insurers generally build a 30% margin over and above the actuarial fair value for admin and cost of capital as a rough and dirty guess-timate. When they are unsure the margin will be higher. As most people can not afford to self insure or are risk averse the EW is a great option. We had our vacuum cleaner fail before xmas - the EW did not even kick in for another 3 weeks (had a 24mth manufactures warranty) and the place I dropped it off to fix called me up to tell me it was ready and running like new - the problem was 10 mins before hand the store had rung up to tell us the new replacement one was ready for our collection!! Go figure. We took the new one obviously!! On the other hand the GF's laptop failed 3 weeks after it expired and after 5 calm phone calls and 2 emails they agreed that it would be fair to look at it.

I am surprised that your TV has only come down that much Simondo - we brought a new TV 15mths ago for $950 and you can buy similar ones for $500 now and its a 42 inch Toshiba.

I love extended warranty!!!!!

Our first DVD died and was relaced witha more up to date model , took out extended warrantty on that , same happened.
7 years of surround sound for under $600.
same with our good camera .
10/10 to harvry normans for honouring and trying their hardest.
no I dont work for them

Simondo said...

how's my old McTavish Malibu?

Its going great. Been a bit busy with a couple of exhibitions coming up but it was well used over xmas (even though the surf was very, very average).

red said...

Simondo said...

^ Gold!!

I'll actually touch base with OceanBlue64 from here. See what he says. I actually sold him a McTavish Malibu, but he works in electrical repairs, amongst his other hobbies of sculpting.

Also like collecting spores and fungus, nude limbo dancing, studying ancient mayan romance novels and making excuses not to windsurf with his mates..

You are just jealous cos I didnt invite you to the last naked mushroom picking session.
You should come for a surf sometime. I will come for a windsurf once the market season slows down and I get more time.