Where is it priced 75k for 55”?
need suggestions for 55 inch TV urgently -Toshiba U7980 ??
- Thread starter aadi007
- Start date
Not 75k, the least people have got was 95k with all cashbacks.
Someone shipped the LG CX to port Blair from chennai. The showroom guys themself did it if iam right. So I think it is doable.
Check with hyderabad reliance if you have someone here on potential options. They should have stock movement between hyd and chennai and could do something since it is a single unit.
lightgamer
Well-Known Member
Damn, that's an amazing price! But did they have to buy it on EMI to get that discount? I hate buying on EMI, has a lot of hidden conditions and charges.
Ya, should opt for the 0% emi scheme. Even I had the option. Switched to CX in the last minute and came to 1.05, everything remaining same.
Where? Online or Retail store?
The TV has been delivered today. So, that was quite fast 
Hoping to get the installation done tomorrow. Does this come with wall-mount in the package?
I am thinking to use the existing swivel wall mount I have on my current 48 inch TV.
that way, the installation will be quick and hassle-free
Between the Frame and this TV, I think the Frame might be better for gaming. But this TV has local dimming and probably higher brightness as well. Also, the 3 year warranty is a big plus as well (along with 25-30K savings). I would have spent more and got the Frame if it offered local dimming, which should have been there at that price. Rather, Samsung has focused on other things to make it beautiful and look like a picture frame, which is not something important to me at all.
Hoping to get the installation done tomorrow. Does this come with wall-mount in the package?
I am thinking to use the existing swivel wall mount I have on my current 48 inch TV.
that way, the installation will be quick and hassle-free
Between the Frame and this TV, I think the Frame might be better for gaming. But this TV has local dimming and probably higher brightness as well. Also, the 3 year warranty is a big plus as well (along with 25-30K savings). I would have spent more and got the Frame if it offered local dimming, which should have been there at that price. Rather, Samsung has focused on other things to make it beautiful and look like a picture frame, which is not something important to me at all.
lightgamer
Well-Known Member
Suspected that I guess. I always feel like these EMI schemes have some hidden cost. Else how would you offer 0% interest + cashback vs nothing for direct payment?
It seems too good to be true to me honestly. Also, I believe you'll have to pay GST on the interest of that EMI.
lightgamer
Well-Known Member
Q60T is trash. X9000H is pretty good for 86k. If you can afford that or go for the LG BX for 95k, they are definitely great options.
I personally would spend 95k/1.05L to get LG BX/CX honestly. OLEDs have amazing picture quality.
lightgamer
Well-Known Member
Yes, there is a wall mount in the package. Make sure to not pay any extra to the installation guy. I believe installation is free but these guys try to con you.
You can discuss further on the thread here:
Toshiba U79 and U80 Owners Discussion And Review !!
Hi guys here we'll discuss the new Toshiba TVs Please feel free to post reviews and pictures and also updates about upcoming U8080
www.hifivision.com
Yes, for HDR, movies and TV shows this TV is a better fit than the frame. But I feel like frame is still a great all rounder as it still has good PQ, plus gaming features and looks great. If both were similarly priced, I'd go for the frame.
I dint understand fully. When I asked none of the FMs did too.
Looks like the TVs cannot be sold lesser than some value which is a % of m.r.p fixed by the manufacturer.
So the showroom guys who buy in bulk for far lesser value tie up with a financier and pay the interest portion and create some cash back scheme to look like the tvs are sold higher than the actual cash outflow. Of course this cannot be done for cash payments or where you need GST invoice for business purchase etc.
And yes, 1600/- extra total for GST needed to be paid in my case.. They adjusted in emis.
I dont think it is available in chennai for that price. Actually (BX:1.10/ CX:1.20 - 15k cashback).
Some chennai FMs were looking at options to pick up from thirupathi.
Bajaj electronics and Vijay sales both did that amount during diwali with 3 year warranty here in hyderabad. Wont be very different now imo.
lightgamer
Well-Known Member
Can you explain more in detail how it works. Let's assume a TV costs 1.2 lakh when paying full cash/card/net banking. How do they make it available for less with EMI?
My current understanding based on your comments is:
You take an EMI for 1.2 lakh for say 1 year. At 15% interest rate your EMI is 10831 per month for 1 year and a GST of 1800. Your total payment would be around 1.32 lakhs. Now, even if they give you 15k cashback your paid cost will be 1.17 lakhs no? How is it 1.05 lakhs?
Guess work and made up numbers below just to show how it might work. I dont understand either.
The showroom guys got 5000 tvs for say 85k in bulk.
They are willing to sell at 95k during bulk sales in festive season but they can not do it openly since the manufacturers force to not sell <1.2L.
1.05L is communicated as unofficial price after cashback. They wont give any written note of that.
The tvs are billed at 1.2L with 0% emi scheme and 15k cashback. The interest portion is paid to the bank upfront since manufacturers have no say in it. 15k is paid to the buyer.
Effectively the showroom guys get 1.2L - 10k interest - 15k cashback =95k. He gets a 10k profit.
Buyer gets 1.2L -15k = 1.05L effective (+1600 gst).
Bank gets 1.2L + 10k interest component.
But all this works only if mrp of tv is artificially inflated by manufacturer. He should be producing it for 70k and put a mrp of 2.1L. Or is willing to sell at cost proce for gaining market share.
Eg: You wont get a current year fridge or washing machine at such prices.
Baseline is, even if you have the cash, you cannot get it lower than 1.2L since that is the billing amount. (Even CC had 15% cashbacks).
In US, black friday sales prices go even lesser. Tells you a lot about actual cost and selling cost. Here it is diwali. Usually tv prices crash while all other prices remain in sane amounts. Also since tvs are released every year as opposed to other things like fridge, selling it next year will fetch far less.
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lightgamer
Well-Known Member
Ah okay, so your cost after interest is actually 1.2 lakhs. Then you get 15k discount on top of it to make the effective price 1.05 lakhs (+GST). So the actual cashback is 15k + 10k (interest), correct? Or do they adjust the principal so that it + interest is 1.2 lakhs?
Interest portion is never shown. Showroom pays that upfront to bank (even amazon/flipkart do but show calculations for upfront interest payment).
What you see is 0% emi with cashback.
You cannot even say that the cost after interest is 1.2L since if you pay cash, the showroom doesn't pay you the interest component. As you said, you need to bring in the 3rd party to make any sense.
Also the lending bank meets a huge margin this way and interest is paid upfront, so they may even have lesser interest scheme for the showroom.
lightgamer
Well-Known Member
I finally understand. Thanks. So basically, the showroom guy is making less than what you're paying him and the bank makes a tidy profit on the interest paid upfront. You pay 1.05 lakhs, showroom guy gets 1.05 lakhs, but the showroom guy has to pay the bank 10k interest so in reality he only gets 95k.
Won't it be better if you pay the showroom guy 1.2 lakhs and he gives you back 20k via bank transfer. He can show the sale at 1.2 lakh but still make more than 95k and you got the TV at less than 1 lakhs. Maybe it's not possible because he'll have to show the reason for the 20k transfer and a third party is needed? This is massively inefficient and a waste of money!
Damn, I can make a startup out of this. I'll pay the customer the cashback and only take 1-2% of the cost v/s the 10% bank is taking. It's free money!
If you dig the forum, you can find some small shops doing exactly that. (Swipe bigger amount and return cash)
Bigger chains are too big to survive a fail. This is also blatant since you are dealing with 1000s of individual customers instead of 1 bank. One bad apple can spoil the show. It is also easy to claim interest waiver and cashback as motivations to buy instead of justifying distributing free money under the government's and manufacturer's nose.
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