Bargain or Mistake on CX OLED Display Model?

So I went into the Good Guys on the weekend to price washing machines and ended up in the TV section ogling the OLED TVs as I often do. I already have a 55-inch Panasonic OLED and have been keeping my eye out for a bargain on 65-inch LG OLEDs. Since new stock seems to be pretty much completely depleted across the country on the previous models and the new models are out of my price range I thought I'd be waiting til next year to upsize. I'd never considered a display model OLED for all the reasons you'd expect - burn in, reduced lifetime from being on over eight hours seven days a week for a year – but when the sales guy offered a price around $2,000 I was forced to reconsider. Reconsidered all night and went back the following day with a video file of colour slides to look for burn in and couldn't see anything.

Long story short, ended up getting the 65-inch CX display model for $2,200, with 5 years of the GG Concierge extended warranty service that I was told includes burn in and dead pixels. Out of interest, I went to JB just 100 metres away and they also only had the display model left but the best they could do was less than $100 off the new price, coming to about $3,400 - that seemed pretty poor. Anyway, am just wondering if people think I've made a stupid purchase or I've nabbed a bargain? (Although I guess the real answer will depend on whether anything goes wrong with the TV or not).

PS. They also threw in free delivery (usually $50) and the TV qualifies for the one year of free Disney+ promotion they have running at the moment.

Poll Options expired

  • 7
    Big mistake
  • 38
    Bargain

Comments

  • +2

    Bargain at the moment, will depend on how much they drop in future

  • Seems like a decent deal to me. Prices of OLED must have gone up a lot. I got my B8 55" for $1500 and it is great.

  • +4

    $2000 for CX 65" is a sweet deal, assuming it doesn't have any issues from being on display mode for so long.

    • +2

      Big Mistake IMHO
      Would you have paid $2k for a secondhand model on Gumtree which almost definitely would have had a fraction of the runtime of a display model?
      I doubt it.

      I guess the only thing going for you is that it may die within the extended Warranty period and you might end up being in front in that case.
      Run the sucker into the ground to achieve that and maybe it was a bargain!

      • Or sell it off before the warranty ends, at cost or half cost with full disclosure. Still winning.

  • Deal for you, mistake for them. Even if it was a display model that's woefully low for this model, plus they've guaranteed it for you for 5 years (lowest I've seen it being around $3300 on sale)… Well done mate

  • +3

    As long as there's no burn in, which given it's a display model would be highly unlikely given the rapidly changing screen colours all day on the demo tapes you've got yourself a bargain, plus 5 years warranty against any issues.

    One day oled's will come into the $1500 price range which is when i'll pull the pin.

  • sounds like a win

  • Absolute bargain well done. Given you got the extended warranty on it if there are any issues with it being a display model you are covered now anyway. Well done

  • Great bargain, ignore the comments above, due to complaints with fair trading, LG has now stated that they'll replace any panel for burn in up to 5 years with some people even getting older sets replaced

    • +2

      Great bargain, ignore the comments above

      Nearly all the above comments say it's a good deal

      • "What comments above? kille745 made the first unignored comment".

    • LG has now stated that they'll replace any panel for burn in up to 5 years

      Citation needed? I haven't been able to find them saying this in my quick search.

  • How many hours has it been switched on for? Does that model have an option to tell you?

    • It does - was a bit over 4,000 hours, which is obviously quite a bit.

      • See my comment below but even still, that’s only 4% of the expected life of an OLED panel from LG.

        You’ve got another 24 years of that kind of usage to need to worry about the panel. Something else will fail first.

  • I got offered 3k on Friday for an ex display at jb so I'd say excellent price.

  • Mate, have a look at the expected life of an OLED panel. My LG OLED was a store display model, that was about a year old.

    I actually used this in my favour to get a better deal (around $4,500 down to $2,400). Put it this way, my panel life was expected 100,000 hours according to LG. Even if that was twice what it will last, if the TV was on for a year straight, that’s 8,760 hours or maybe 17% of its expected life gone.

    I barely watch 15 hours of TV a week, at best 1000 hours per year. I’d need to watch the TV for another 40+ years before the panel is expected to fail. I’m sure as heck something else will fail on the TV prior to that. I took out a 5 year warranty as well and I’ll doubt I’d keep it much longer than that anyway. Haven’t had any problems with it :)

    • But that's the point isn't it.
      That "something else" is also now 4000 hours old.

      Buying a ~4 year old (albeit current tech) secondhand TV for $2k doesn't sound like a great deal to me.
      If you expect a TV to last 10 years service, you have only 6 years remaining on your "new" TV.

      To be fair, a Demo TV hasn't thermally cycled nearly as many times as a normal usage TV would over the course of a year, so 4000 hours probably doesn't directly equate to the wear and tear of 4 year's of 1000 hours/year usage, but there's no doubt that there is wear and tear present.

      • Ahh right I didn’t realise it was a 4 year old model :/ that might have changed my perspective. My demo was only a year old. I wouldn’t have bought it if it were 4 years on the shelf.

        • The CX isn't four years old. It's a 2020 model and the sales person said it had been on display in store for about a year.

        • Sorry if that wasn't clear.

  • went into the Good Guys on the weekend to price washing machines
    ended up getting the 65-inch CX display model for $2,200

    That's that Gruen effect for you. Went for washing machine, came out with a TV :D

    Gruen transfer (also known as the Gruen effect) is the moment when consumers enter a shopping mall or store and, surrounded by an intentionally confusing layout, lose track of their original intentions

  • Thanks all. The general consensus seems to be it was a good buy, which is what I thought at the time, but it's nice to have that backed up by many in the know here. Only time will tell of course! Cheers

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