Quote:
Originally Posted by Steve S /forum/post/18187681
iirc that's about what a high end 120hz Vizio sold for at full retail a couple of years ago. Sears is usually fairly generous with their replacement allowances under their protection agreements. I've seen people who originally bought 42" Magnavox 720 sets walk out with new 46" Sony 1080p sets with no cash out of pocket but the OP's allowance does seem a bit high which is why I asked him if the 1600 was all coming from Sears. They do have the highest priced protection plans on the market but unlike the others the plan does carry over to replacement sets and the allowances for the replacement are usually more than fair.
"They (Sears) do have the highest priced protection plans on the market but unlike the others the plan does carry over to replacement sets and the allowances for the replacement are usually more than fair."
Sears Master Protection Agreements are way out of line with mainstream extended warranties such as those from Mack. Aside from being mostly profit for the seller, the MPA is
so expensive that the customer would do well to put that money in a savings account in the unlikely event that the TV needs repair during what would be the life of the MPA. Also, many credit cards add one full year to the manufacturers warranty.
Another good strategy is to buy a TV at Costco using an American Express card. Costco adds one year to the factory warranty and using the American Express card at Costco adds a third year of warranty coverage on TVs.
Since 73% of repairs take place during the first year of the TVs life, the manufacturers warranty is sufficient for all but the most unreliable sets. Over the longer haul, even with sets 5 to 6 years old only 10% needed repairs.
The price of LCD TVs has come way down. With prices continuing to come down, after 2 years, replacing an LCD is cost effective compared to Sears MPA.
I was getting quotes on a household item and was dumbstruck by the price of the MPA.
Buyer Beware