Buying a Plasma or LCD? Don't Get Extended Warranty

A new report by Consumer Reports states buying an extended warranty for a new LCD or plasma TV would be a waste of money. Their Annual Product Reliability Survey found that the flat panel sets overall had a 3% repair rate. Rear-projection TVs, on the other hand, were found to be much more repair prone. Interestingly, among rear-projection TV brands, Toshiba and RCA had the most repair-prone sets that were based on digital light processing (DLP) technology.
Fortunately, just like computers, defects will usually show up very early in the life of a flat-panel TV, while the manufacturers warranty still covers the set.
At this point in time, I think it goes without saying if you are getting a new TV, get an LCD or plasma, not an RPTV. In fact, this could be a very big season for flat-panel televisions, with prices expected to drop 30% by the end of the year.

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