There may be others too. Since you got 4 years out of this TV they never pay you your purchase price and it's prorated like tires and batteries. I would accept the deal.
I bought LG 70 inch TV model 70LB6550 back in 2015 Jan from Costco at $2,699.99. It is just over 4 years old.
I was a month holiday oversea during Jan and when I came back, I noticed there were 16 white dots on my TV.
Went to Costco and explain the situation and they told me to contact LG first and try to resolve the matter. If they cannot fix the TV, then get the reference number from LG and they will refund or replace the TV.
Before I contact LG, I searched Internet if anyone had similar symptom and found below announcement from LG Korea site posted at Dec 19 2017
. Translated in English by Google translate;
"LG Electronics decided to proceed with free services regardless of the time of purchase at the time of purchase of the 'diffuse lens separation symptom' which occurred in some products of LCD TV. The symptom is that some diffused lens attached to the backlight of LCD TV falls into poor adhesion and the part of the screen looks bright, It has been determined that some products were produced between January 2014 and September 2015. Regardless of the time of purchase, LG Electronics is providing free services for the affected models. In addition, we have decided to refund the repair amount to customers who have already received paid service due to the symptom. LCD TVs (LB, LF, LY, LX series) produced from January 2014 to September 2015 Customers who have paid service due to the spreading lens separation symptoms, please check the model name and serial number of the label attached on the back of the product, Please contact the electronic counselling office (15447777) and we will inform you about the refund."
During Jan, there was couple of hot weather in Melbourne over 40 degrees and that must triggered the symptom.
My TV was on this model and manufactured Aug 2014 so it is faulty product which LG admitted.
Contacted LG via https://www.lg.com/au/support/contact/chat-email and start chatting with Philippines based support team.
The first chat was on 31 Jan and got the case number. on 13 Feb, they offer me $1,156.71 but I refused that offer as LG HQ admitted faulty product and doing free services in Korea.
Support team replied that it is LG Korea not LG Australia.
I replied with the statement from LG Korea site FAQ "If the same symptom occurs in the model of the overseas fastball product, the free service is available."
The case manager trying to appeal to his higher manager to get refund but still not resolved.
from 4 days ago, TV screen goes black in random minutes. it can stay on good 40 minutes but can go black in 1 minutes any time. Remote control course disappeared and only can turn on & off and change TV channel.
What I wanted is that 70 inch TV in working condition so either get reference number from LG or get the money from them to buy another 70 inch TV. Cannot buy 70 inch TV with $1,156.71.
I am getting tired waiting for the resolution I wanted so I am posting my case here to seek your opinions.