I let my friends borrow my 37 inch LCD flat-panel HDTV (long story, irrelevant). One of the friends was drunk and broke a chair, and a big piece of the chair flew into my TV and broke the front panel. The screen is pretty messed up and it has a crack in it. It appears to be pretty unfunctional. The friend that broke it is being pretty cool about it, but how much does he owe me? The TV cost $1,070 including tax, and I bought it new around the middle of September 2006 (8 months old). What's the value of the TV now? How does depreciation work in here? Thanks for all the help.
2007-05-11 09:57:50 · 3 answers · asked by schabj3 2 in Consumer Electronics ➔ TVs
Your friend is obligated to replace at replacement value. If he can have the set repaired to new condition OK. If not, he owes you a new set, same brand or better.
2007-05-11 14:56:14 · answer #1 · answered by Neil L 6 · 0⤊ 0⤋
He should replace the TV. You broke it, you bought it! The same TV or something similar may be cheaper now... look online (Circuit City, Best Buy) and see if he can buy you a new one for less that what you paid originally. Chances are the same model will be available for a few hundred less! If you feel he shouldn't be responsible for the entire cost, offer to go half if you want.
2007-05-11 10:08:40 · answer #2 · answered by Marianne D 7 · 0⤊ 1⤋
Have your friend go out and replace the TV for you, and don't let them throw rock star parties at your house anymore.
2007-05-11 10:06:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋