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cjgolf

Panasonic 58 Inch Thp58s20a

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$1499

Bing Lee did me one for 1450 cash, for my parents , finally got them out of a 53cm cart

That is absolutely bottom , no free delivery , guy was willing to let me go , felt sorry for him actually

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They were on sale everywhere over the last 3-4 weeks for $1498 so I would imaging anything less than $1450 is about as low as they'll go....it's a very good price for a good screen of this size. Obviously Panasonic are discounting to clear stock.

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Considering Panasales are selling reconditioned units for $1400 then yes a good price.

Regards

Peter Gillespie

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Considering Panasales are selling reconditioned units for $1400 then yes a good price.
They must have seen your post. Now reduced to $1196

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As a percentage of the purchase price $179 is steep for a $1499 product and I am sure the seller is making a significant margin on the warranty, however its typical of the prices charged.

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As a percentage of the purchase price $179 is steep for a $1499 product and I am sure the seller is making a significant margin on the warranty, however its typical of the prices charged.

Thanks for that. I will have a chat to them about reducing it. Guess at the end of the day it is only $45 per annum and it is pickup from home.

What do you reckon their cost would be on the 4 year warranty?

Lets say it is $120 so that would be 50% markup. In my mind that would not be a big or unfair markup.

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I think it's a fair price for an additional 4 years warranty especially if it includes pickup from home

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Thanks for that. I will have a chat to them about reducing it. Guess at the end of the day it is only $45 per annum and it is pickup from home.

What do you reckon their cost would be on the 4 year warranty?

Lets say it is $120 so that would be 50% markup. In my mind that would not be a big or unfair markup.

The true cost of the warranty is more likely about 5% of the purchase price, but seller has to make a living.

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The true cost of the warranty is more likely about 5% of the purchase price, but seller has to make a living.

I checked with them and they say they do not discount warranty. Overall I think it is a fair deal as it includes on site repair/pickup so I am going with it. A few years ago when I was buying a retailer told me his power supply went in his own plasma outside of the 12 mth warranty and it cost him like $750 just for the part.

I agree about making a living. They need to make decent money on some things else they won't be around in the future and we need competition.

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The true cost of the warranty is more likely about 5% of the purchase price, but seller has to make a living.

Where do you get that figure from?? I've worked for 3 different retailers and no warranties ever had costings of 5%. Compare taking a TV to a repairer and $179 is a bargain for 4 years of unlimited repairs if it's needed.

Out of that entire sale I'd be amazed if they made $100 profit, it would be more that the TV would have been sold at cost or below and the only profit would have been on the warranty.

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I paid 4.8% on 4 years extended warranty on my $6300 Sony SXRD and did not get a "a deal" on the warranty. DSE said they offered the warranty as a service and did not make any money on it.

I paid 8% on my $2800 Samsung LCD and the retailer made full margin on the warranty, therefore I am confident the real cost is less than 5%.

Warranty is just insurance, look at other insurance products and its clear to me that the cost V risk ratio on TV insurance is favorable to the insurer at 5% of purchase price.

Edited by Owen

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For a nwe one that is a good price but you can get better, I got one from HN a month ago for $1448, the drone told me that was so close to cost he couldnt take any more off, not that that counts for anything tho.

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