Jobs & Education2 mins ago
Why The Difference In Stores
13 Answers
I'm in the process of buying a new TV and whilst I expect difference in prices it is the difference in service and guarantees that can be surprising.
I was looking at the identical models in Currys and John Lewis . They were exactlly the same price but JL gives a free 5 year comprehensive guarantee but the identical cover will cost £300 at Currys paid up front or £7 monthly (=£420 ) . The only difference seems to be Currys includes cover for accidental damage. My household insurance may cover that and even if it doesn't it would only be a small premium, Nothing like £84 a year at Currys.
Unless I've missed something why would anyone pay such premiums to Currys.
I was looking at the identical models in Currys and John Lewis . They were exactlly the same price but JL gives a free 5 year comprehensive guarantee but the identical cover will cost £300 at Currys paid up front or £7 monthly (=£420 ) . The only difference seems to be Currys includes cover for accidental damage. My household insurance may cover that and even if it doesn't it would only be a small premium, Nothing like £84 a year at Currys.
Unless I've missed something why would anyone pay such premiums to Currys.
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For more on marking an answer as the "Best Answer", please visit our FAQ.my guess, just a guess, is that most tellies will last 5 years, so JL aren't taking a big risk. But accidental damage can happen to anything any time, so Curry's are actually offering you something more valuable than JL. I'd still say it was a rip-off, but there is a reasonably significant difference.
My daughter was moving her television and tripped over the dog. She claimed it on her household insurance. We try to buy from John Lewis because even if they are not offering a free guarantee they often do insurance at very competetive prices. I had a dishwasher from JL and replaced it after 3 years with an integrated one. I gave the dishwasher to my daughter who filled in a form to transfer the insurance to her name and it was done in no time.(the original insurance on said dishwasher was only £50)
I wonder if it is simply something like the people who buy from Currys are more likely to have 'accidents' with their televisions than those who shop at JL's, and that over the years Currys have grown wise to this. Is the cost of the total insurance package not almost half the cost of the original purchase?