“Cheap LCD TV” can mean at least a couple of different things.

1. It can mean buying a cheap LCD TV from a no-name, or value brand.

2. It can also mean buying an LCD TV from a name brand such as Sony, Panasonic, Sharp, Hitachi, Samsung etc at a discounted price.

Our usual recommendation is that you’ll generally get the best TV for yourself with option 2, but there are certainly no-name brands who offer genuine value - meaning a good quality picture and good TV reliability. The catch is working out which of the no-name brands are the good ones.

We don’t recommend buying a no-name brand from e-Bay for example. Lot’s of ‘fly-by-night’ operators operate there.

So if you want to go for option 1, you need to do plenty of research before committing your cash. You want to know about both the brand and the company you’re buying from.

Flat Panel TV Reliability

The Annual Product Reliability Survey conducted by the US organization Consumer Reports says Panasonic’s 50″ plasma is the best TV overall, Hitachi is the worst LCD TV and Philips the worst plasma TV.

It’s surprising to see those tHitachi and Philips in the least reliable list. I don’t know if no-nam ebrands were included in the reliability survey.

Consumer Reports also reported that LCD and plasma TVs generally require few repairs during the first three years of use (flat panel sets overall had a 3% annual repair rate). This means that if you buy extended warranties on flat panel TVs, you would be statistically-speaking, wasting your money.

They also found that Panasonic made the most reliable flat panel TVs and other brands with low repair rates included Sony, Samsung, Toshiba and JVC in LCD TVs and Pioneer and Samsung in plasma TVs.

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