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TV warranty at Costco?

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[OP]
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Jan 21, 2017
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TV warranty at Costco?

is it true that there are 2 years of warranty at Costco for TVs? if your credit card has 1 extra year of warranty, does that mean the TV will get 3 years of warranty? trying to assess if a $100 extended warranty on a $1.3k TV is worth it. Now days it seems like you can get a really decent basement/bedroom TV for like $300, so $100 can be better allocated.
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Jun 13, 2010
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DPR2017 wrote: is it true that there are 2 years of warranty at Costco for TVs? if your credit card has 1 extra year of warranty, does that mean the TV will get 3 years of warranty? trying to assess if a $100 extended warranty on a $1.3k TV is worth it. Now days it seems like you can get a really decent basement/bedroom TV for like $300, so $100 can be better allocated.
CC only extends the manufacturer's warranty not any from the retailer.
Jr. Member
Oct 5, 2006
190 posts
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Buy the extended for $99 it's worth it, Friend if mine had a tv with an issue on year 4 and the refunded the whole tv price

Also if you go to sell you tv you can transfer the warranty so it makes it easier to sell.
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Oct 2, 2018
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I have never purchased TV warranties never seen the benefit in it and I currently have 5 screens in my place. My first Sony 1080P set 10 or more years ago at $4k is still going strong....picked up four more over the years to the total of 5 I have today. TV's are continually getting better and dropping in price and never had a set go south on me.

Might be worth it on a $3k or 4k set, questionable at $1k imho.
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Jan 8, 2015
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Ballroomblitz1 wrote: I have never purchased TV warranties never seen the benefit in it and I currently have 5 screens in my place. My first Sony 1080P set 10 or more years ago at $4k is still going strong....picked up four more over the years to the total of 5 I have today. TV's are continually getting better and dropping in price and never had a set go south on me.

Might be worth it on a $3k or 4k set, questionable at $1k imho.
Sounds like you've made great choices. What brand and model is each set?
[OP]
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Jan 21, 2017
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Ballroomblitz1 wrote: I have never purchased TV warranties never seen the benefit in it and I currently have 5 screens in my place. My first Sony 1080P set 10 or more years ago at $4k is still going strong....picked up four more over the years to the total of 5 I have today. TV's are continually getting better and dropping in price and never had a set go south on me.

Might be worth it on a $3k or 4k set, questionable at $1k imho.
that is what I was thinking too, may return the warranty. because costco has 1 year manufacture warranty and 1 year concierge warranty I believe (if you are a member). If this was $50 it would have been a no-brainer.
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Mar 14, 2005
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The warranty is cheap insurance for your money, if it breaks and they can't fix it you get all your money back. They make today's tv cheap, not made to last. They are not made the same as before.
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The higher the price of a set then perhaps it makes better sense for some to pick up the additional piece of mind...at $2k or less I likely wouldn't do it myself unless I picked up a known or suspected unreliable brand.

My sets in order...all still working well, my original Sony is 13 years old.

2009 Sony 46" Bravia
Sharp Aquos
Samsung
2017 Visio P65-E1
Samsung

Going out today picking up a 6th Sony 55X85J as it will be a great TV for my bedroom, move that older Sony out to my garage. The Sony 55x85J is a mid tier 2021 model and with the firmware release on March 3rd a week or so ago I believe it has everything I need for casual viewing in a bedroom.

Still not getting insurance, at $1,000 I dont think it requires it as a 2 year warranty is more than adequate. A xtra warranty is good for years 3 through 5 only...I figure the set will either go in the first 2 years or after the 5 year mark. Again never had a set go south on me.

I am waiting for the OLED sets to drop a bit more and will pick up a more expensive 75 - 80 inch set, then move my Vizio to the games room and rotate the Sony out of the garage.
“Laughter is timeless, imagination has no age.....and dreams are forever.”
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Dec 26, 2014
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When I bought the 55" TCL Series 6 from Costco in November 2020 for $498 the extra warranty was only $29.99 (because it was under $500). At only 6% of the price of the TV it was literally a no-brainer, and if I ever need to claim it I'll probably end up with an even better TV.
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chemicalxv wrote: When I bought the 55" TCL Series 6 from Costco in November 2020 for $498 the extra warranty was only $29.99 (because it was under $500). At only 6% of the price of the TV it was literally a no-brainer, and if I ever need to claim it I'll probably end up with an even better TV.
At $498 for a price I see what your saying, very cheap insurance for the price of $30 insurance.

I see it the other way, I can afford that $500 without much concern if the set fails in year 3 through 5....so likely i save that extra $30 outlay while others spend additional.

No right or wrong, we all make calculations and determine odds and weigh what the cost would be on what the final result is.

The sets I feel comfortable with are Vizio, Sony, Samsung, Lg...outside of that my comfort level drops and insurance starts to make more sense.

No offense to other brands it is just my personal thought only so please do not take offense.

I was very leery on my Vizio but researched a lot...by far I love Vizio as equal or even better than Sony even bought a 5.1 sound bar from them. Was terrible to hear they no longer sell in Canada as they would be my 1st choice in TV's as they give tremendous value for the price.

Without Vizio I went back to Sony for my TV purchase today, still deciding what sound bar to pair with it as Vizio is no longer an option.
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Jul 25, 2008
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Bought a 55 Haie r TV. 2yr 4 months, the screen dusplay missing half.
Costco ext warranty kicks in. very good service. come to pickup. and return.

If it is made in C. buy ext warranty.
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Apr 7, 2020
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I pass on the extended warranty everywhere except for costco. only place its fairly priced and the service is top notch IMO
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Feb 19, 2017
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Out of major retailers, Costco seems to be the only one that generally receives positive feedback for their extended warranty. Plus their cost is actually the lowest out of all major retailers (walmart, bestbuy, visions, etc). You can find lots of horror stories about claiming extended warranty elsewhere (mostly due to the fact if they can't fix the problem, they will replace it with current value of the product instead of purchase price... current value often being far lower).

As far as rather or not its worth it, that becomes a bigger debate. For some brands (say Hisense, Haier. TLC, etc) its 100% worth it and i wouldn't recommend buying those brands anywhere but Costco + extended warranty given contacting those companies for warranty itself is hit or miss. For other brands like Samsung, Sony, and LG, it becomes debatable. Its extra protection so if you want piece of mind, its worth it. Of course at the same time, Samsung, Sony, and LG generally charge a premium due to their brand having a history of pretty good quality control and tend to last beyond 5 years. If you are buying a TV just over $1k, then you could argue the extended warranty isn't worth the 10% added cost. Of course if you are buying something worth $3k+ then the proportional cost is far lower (making it a much better value). That's why it becomes debatable for your case of buying something ~$1300. If its one of the bigger brands, i would just skip the extended warranty since the fail rate within the first 5 years likely wouldn't be 10% (rounded for simple math).
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Jan 10, 2004
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You can also return the extended warranty apparently if unused- at least thats what I've been told when returning something else. I might try this on our current tv when its up.

I also agree things aren't made to last - Alot of failures in caps/power supplies etc in the 3-4 year mark now a days. It just really depends it seems.
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Paigne wrote: Out of major retailers, Costco seems to be the only one that generally receives positive feedback for their extended warranty. Plus their cost is actually the lowest out of all major retailers (walmart, bestbuy, visions, etc). You can find lots of horror stories about claiming extended warranty elsewhere (mostly due to the fact if they can't fix the problem, they will replace it with current value of the product instead of purchase price... current value often being far lower).

As far as rather or not its worth it, that becomes a bigger debate. For some brands (say Hisense, Haier. TLC, etc) its 100% worth it and i wouldn't recommend buying those brands anywhere but Costco + extended warranty given contacting those companies for warranty itself is hit or miss. For other brands like Samsung, Sony, and LG, it becomes debatable. Its extra protection so if you want piece of mind, its worth it. Of course at the same time, Samsung, Sony, and LG generally charge a premium due to their brand having a history of pretty good quality control and tend to last beyond 5 years. If you are buying a TV just over $1k, then you could argue the extended warranty isn't worth the 10% added cost. Of course if you are buying something worth $3k+ then the proportional cost is far lower (making it a much better value). That's why it becomes debatable for your case of buying something ~$1300. If its one of the bigger brands, i would just skip the extended warranty since the fail rate within the first 5 years likely wouldn't be 10% (rounded for simple math).
This has been exactly my stance on TV's and extended warranties, well said.
“Laughter is timeless, imagination has no age.....and dreams are forever.”
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Feb 9, 2012
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Ballroomblitz1 wrote: This has been exactly my stance on TV's and extended warranties, well said.
If you don't mind being glued to one store (lol) then 2001 Audio Video seems to be the place to go.
Their extended Warranty plan, if unused at time of expiry, goes towards the purchase of the next TV. https://www.2001audiovideo.com/en/cp-money-back
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Jan 21, 2018
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The above information is correct: Costco Concierge warranty is 2 years, and your credit card warranty will not extend that because it applies only to extending the factory warranty.

You can purchase an additional 3 year warranty (extending coverage to 5 years) through Costco, but the warranty is provided by a separate insurance company (currently Asurion). Reviews of Asurion are mixed, but safe to say that your experience with them will likely be closer to "mean-spirited insurance grinch" than "valued Concierge client".

Still, $99 for additional 3-year warranty on an expensive TV is not a bad deal. I've never taken an extra warranty in the past since they're usually a bad bet, but on a $3000 TV it made sense to me.
Member
Jan 11, 2008
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you'll get 10 different opinions when you ask 10 different people, some will say they've never had a broken TV so not worth it, some will say theirs broke right after manufacturer's warranty and worth it. it comes down to draw of luck, TVs just like all other electronics have defective rates, however low that rate is it's still >0%. If the chance of spending another 1.3k down the road is not worth risking then by all means keep it.

Although it varies between warranty vendors, but costco customer service is as good as it gets, you bring a defective tv back within warranty period and they'll process the claim no questions asked. I once had to deal with credit card warranty for a defective TV, they asked me to have it inspected by a shop but they won't reimburse the diagnosis fee, they did reimburse the repair fee but i was still out ~$100 from my pocket. Wish I had costco warranty and exchange for a new tv or get full refund even though credit card warranty covered the repair bill (after jumping all the hoops). so YMMV
Member
Feb 4, 2007
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Toronto
My Vizio P65 stopped working today. No power. Glad I had the 5 year Costco warranty. Called them today and did a claim. Waiting for a tech to call and setup a visit next week. I will provide an update soon. I bought the tv in 2018 so warranty is until next year.
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samtheman wrote: My Vizio P65 stopped working today. No power. Glad I had the 5 year Costco warranty. Called them today and did a claim. Waiting for a tech to call and setup a visit next week. I will provide an update soon. I bought the tv in 2018 so warranty is until next year.
My M55 from 2018 is acting weird. It always goes to Smartcast when first turned on no matter what input you select.

Edit: Corrected TV model
Last edited by tew on Aug 18th, 2022 3:52 pm, edited 1 time in total.

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