Why It Doesn't Always Pay to Buy a Cheap TV - Consumer Reports (2024)

It can be hard to resist a bargain when we’re shopping for a TV. But a cheaper TV doesn’t always turn out to be a better deal.

That’s what we found in our analysis of more than three years of Consumer Reports’ TV ratings. Our crack team of statisticians looked at prices and CR’s test results from March 1, 2019, through March 1, 2022, for a number of leading TV brands sold in the U.S. The results are shown in the charts below, broken out by screen size, which is the first factor people usually consider when shopping for a television.

As you can see, TVs from LG, Samsung, and Sony earned top scores in our testing across just about every size range. And generally, sets from these companies cost more than their competitors’ TVs.

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Prices and average brand scores tend to drop off in step with each other, according to our analysis. One major change this year is that some secondary brands, including Element, Philips, and Westinghouse, no longer appear in our list. Sharp is no longer in our listing; it stopped selling TVs in the U.S. for several years but began selling them again in 2022. RCA is represented in just two screen sizes, where it has the lowest Overall Score, and in one instance the lowest price by a large margin.

In their place, we now have more models from up-and-coming brands such as Hisense and TCL, as well as from a few retailer-specific brands such as Insignia (Best Buy’s house brand) and Toshiba (sold through Amazon and Best Buy). TVs from these brands have been gaining market share at the expense of other lesser-known brands that were once regularly included in our analysis.

Although we’ve tested a few TVs from Onn, Walmart’s house brand, we didn’t test enough sets in any one screen size for it to appear. We hope to include it in next year’s evaluation.

The takeaway, however, remains the same: Though it’s sometimes tempting to buy a much cheaper TV, especially during big sales events, you could be accepting a trade-off in quality. And you might not have to pay much more—or even any more—to get a better television.

This information should be useful if you choose a TV largely based on brand. However, it’s smart to use this analysis as just one factor when you’re shopping. The charts below are average prices and scores. Performance can vary by series and even by model within a single brand. That means that some brands with a lower average Overall Score might have a model or two that did very well in our tests. If they’re priced lower than comparable sets from bigger brands, they might be worth considering.

Also, companies evolve over time. Our testing shows that certain models from somewhat newer brands, such as Hisense and TCL, have been improving in quality. But typically, we see that better performance only in the upper-tier models from these brands; often models in their entry-level series earn significantly lower scores.

Last, you don’t always need to settle for poor performance just because you’re on a budget. In some size categories, there aren’t big price differences between the highest- and lowest-performing brands.

That’s why it pays to consult our TV ratings—available to digital members—before choosing a new TV.

70-Inch and Larger TVs

Major brands dominate the top of this slice of our TV ratings, which include 70-, 75-, 77-, 82-, and 85-inch TVs. That list now includes TCL, which has become one of the three top-selling brands in the U.S.

The average price figures we show are a bit higher than the average for all big TVs on the market. That’s both because the largest sets carry a premium and because CR tends to purchase a lot of expensive, high-end sets. That allows us to test the latest features, such asMini LED backlightsin LCD/LED TVs, which can help boost contrast and reduce halos, andhigh dynamic range (HDR), which can produce brighter, more vibrant images.

We test these flagship models from all the brands, but with major brands there is a much greater difference in pricing between the least and most expensive sets they offer. For example, for TCL there’s a $600 difference between the cheapest ($700) and priciest ($1,300) 75-inch TVs in our current ratings. With Samsung, that difference is dramatic: $1,900. (See the best big-screen TV bargains for sets 70 inches and larger.)

You’ll see that Sony, Samsung, and LG top the list in terms of average Overall Score and average price. Given their high average scores, sets from any of these TV brands might be worth considering. Sony TVs tend to be expensive in part because the company, like LG, now offers OLED TVs, which tend to cost more, but also because it exited the budget TV market. The takeaway for shoppers is that a premium set from Sony might not be more expensive than a premium set from a competitor—the company just doesn’t compete in lower performance tiers.

TCL, Vizio, and Hisense are additional brands to consider, especially if you’re on a budget. With TCL and Hisense, higher-end sets (the 6- and 8-series TVs from TCL, and 8-series sets from Hisense) have done very well in our tests, offering a lot of bang for the buck in terms of both picture quality and high dynamic range (HDR) experience. TCL’s higher average price is due to its top-tier sets having newer technologies (Mini LED, 8K resolution), plus a push into very large screen sizes. The company also offers many low-priced sets that haven’t done as well, lowering the brand’s Overall Score. Vizio sets have done well for overall picture quality across the board, though they generally fall behind a bit when it comes to HDR.

RCA sets haven’t fared well in our ratings, but their average price is markedly lower than any other brand’s, especially in this screen size.

70-Inch and Larger TVs

Average Price vs. Overall Score

Samsung

73

$1,456

Sony

72

$1,690

LG

71

$1,528

TCL

63

$1,015

Vizio

59

$918

Hisense

58

$936

RCA

46

$452

65-Inch TVs

This has become a popular screen size for people looking for a large TV. And you’ll see that LG, Samsung, and Sony top the list in average Overall Score and average price here, as well. One reason for the fine showing by both LG and Sony is they offer OLED TVs that have consistently been at the top of our ratings. Samsung’s top QLED (and Neo QLED) TVs have also done very well in our ratings, and the best of those sets now rival OLED TVs in performance. All these sets tend to be pricy.

In this size category, we again see much greater differences in pricing between the least and most expensive sets from major brands than from smaller players. For example, there’s a $600 difference between the cheapest ($400) and priciest ($1,000) 65-inch Hisense TVs in our current ratings. With Samsung and Sony, that difference is a whopping $2,400. One reason for Samsung’s large spread is the debut of its first QD OLED TV ($3,000), which is now in our ratings (though it arrived too late this year for our statistical analysis). Sony TVs tend to be expensive in part because the company offers several OLED TVs, which tend to cost more, and because it stopped making lower-end LED/LCD sets. (See the best 65-inch TVs under $1,000.)

As in the 70-inch size category, Hisense, TCL, and Vizio appear to be good options for those on tighter budgets. Their better-performing sets tend to be pricier but still less expensive than comparable TVs from LG, Samsung, and Sony. Hisense has the best balance of price and performance of the group. But given the wide differences in performance and price between the best- and worst-performing models within these brands, you should look at specific models to determine the best value.

65-Inch TVs

Average Price vs. Overall Score

Sony

72

$1,481

LG

72

$1,162

Samsung

70

$1,187

Vizio

61

$929

Hisense

60

$695

TCL

59

$949

55- to 60-Inch TVs

If you’re shopping for a 55- to 60-inch set, you’ll see a particularly wide range of prices and brands. That’s because some TVs this size are relatively bare-bones when it comes to features, while others come loaded with lots of features. These can include 120Hz refresh rates, full-array LED backlights with local dimming, more effective HDR performance, and special gaming features, such as low-latency modes and variable refresh rates.

Average prices go from a low of $342 (for Toshiba, which makes Fire TV Edition sets sold at Amazon and Best Buy) to a high of $1,034 (Sony’s average). As we note above, Sony focuses on higher-priced sets, and both Sony and LG’s average prices are pulled up by their OLED sets—these TVs can look great, but they tend to cost more than all but the very best LED/LCD models.

Two years ago, Vizio began offering OLED TVs, but that hasn’t yet had a big impact on its average price, because the majority of its sales are still less expensive LED/LCD TVs.

In term of Overall Score, there’s a bit of drop-off after LG. Some models from Hisense, Insignia (Best Buy’s house brand), TCL, Toshiba, and Vizio might be worth considering for less finicky viewers who are on an even tighter budget. As we mentioned earlier, some higher-end Hisense and TCL sets deliver very satisfying overall picture quality and enjoyable HDR. Many sets from the other brands do well for overall picture quality, but the trade-off is a less satisfying HDR experience. Insignia seems to be a decent choice for budget-minded consumers, earning a higher average Overall Score than Toshiba despite having a lower average price.

55- to 60-Inch TVs

Average Price vs. Overall Score

Samsung

73

$899

Sony

72

$1,034

LG

71

$916

TCL

59

$526

Insignia

58

$384

Hisense

57

$467

Vizio

57

$534

RCA

48

$342

46- to 52-Inch TVs

For those shopping for a TV in this size range, CR’s analysis shows that Samsung, Sony, and LG again tend to have the highest-performing TVs—along with the most expensive ones.

Of these three brands, LG sets seem particularly attractive, with a high Overall Score and an average price below these two other brands’ average prices. In last year’s analysis, however, LG’s average price was much closer to the lower-tier brands’. This could be in part because of LG offering 48-inch OLED TVs. This year, there’s a bigger price spread between the major and secondary brands. That could be because major brands tend to adopt the newest technologies first.

In fact, the price range is fairly narrow in this size category once you get past those top three brands. Hisense and TCL emerge as good possible options for those on the tightest TV budgets because their average price is actually lower than a few brands’, such as Vizio and Toshiba, that have lower average scores.

46- to 52-Inch TVs

Average Price vs. Overall Score

LG

71

$647

Samsung

70

$769

Sony

68

$752

TCL

58

$383

Hisense

58

$359

Toshiba

57

$393

Vizio

53

$412

39- to 43-Inch TVs

There’s also a pretty big spread in both price and performance in this screen size, with prices ranging from $226 (Hisense) to more than $568 (Sony). One reason is that in this size category, you’ll find a mix of both 4K and more basic HD sets.

There aren’t a lot of surprises—Sony, Samsung, and LG offer the best performance. The least expensive of these brands is LG, but Insignia also emerges as an especially attractive option, given its average price and an Overall Score just a point away from LG’s. In Insignia’s case, the average price is actually below several brands’ that have lower Overall Scores.

Remember, though, that the price and performance averages are for entire brands, not specific models. The best way to see how individual TV models perform is to check our ratings, which are based on extensive testing and evaluation.

39- to 43-Inch TVs

Average Price vs. Overall Score

Sony

66

$568

Samsung

65

$481

LG

61

$308

Insignia

60

$260

TCL

55

$277

Toshiba

55

$284

Vizio

55

$284

Hisense

52

$226

32-Inch TVs

These days, 32-inch TVs have largely been commoditized; most are either 720p or 1080p regular high-definition TVs rather than 4K models, and there are even some low-priced basic models that lack a smart TV feature.

You may notice that Samsung is missing from this size category; there weren’t enough tested models in our analysis this year for it to be included. It’s the only brand in our current ratings that offers 32-inch 4K TVs with HDR, but those sets are more expensive, and consumers don’t seem to want to pay for the higher resolution in sets this small. Samsung does offer a number of less expensive HD sets, which are in our ratings. Shoppers seem to buying based on price rather than brand.

As you can see in the chart, with Samsung absent, along with Sony, LG becomes the clear top brand based on performance, and its average price isn’t all that much higher than prices on other brands.

Apart from LG, there’s not much of a difference among the other brands in either average price or performance, but Hisense has the lowest overall average price, while Vizio has the highest.

With both price and performance averages so closely packed among the brands, smart shoppers are likely to look to other criteria in our TV ratings, such as screen resolution, sound quality, or reliability, or features such as built-in access to streaming content, to help make a buying decision.

32-Inch TVs

Average Price vs. Overall Score

LG

61

$181

Insignia

56

$158

Vizio

55

$200

Hisense

55

$138

TCL

53

$162

Toshiba

53

$157

Beyond the Scores: Repairs and Reliability

In addition to TV performance, there are a few more things to consider when choosing among brands. One is how easy it is to get the TV repaired in a timely manner. Major brands typically invest in parts and service networks, so you’re more likely to find an authorized repair center nearby.

Reliability problems appear to be less of an issue, based on our surveys, because TVs are among the more reliable products Consumer Reports analyzes. But not all brands do as well as others, which is why you should check a brand’s reliability in our TV ratings.

Because most sets are now smart TVs that connect to the internet, we’ve added privacy and security scores to our ratings. We evaluate the various ways TV brands collect, use, and share consumer data; how well they protect it; and how transparent they are about their data practices.

Last, consider the manufacturer’s warranty, which could be shorter with an off-brand TV. Most of the TVs in our ratings carry 1-year parts and labor warranties, but that can vary, so check before you buy.

@consumerreports An inexpensive TV is no bargain if the picture quality disappoints you. See ratings and reviews at cr.org/tv #techtok #tv #shoppingtips #tvtech ♬ original sound - Consumer Reports
Why It Doesn't Always Pay to Buy a Cheap TV - Consumer Reports (1)

James K. Willcox

James K. Willcox leads Consumer Reports’ coverage of TVs, streaming media services and devices, and broadband internet service. His focus ranges from the challenges of finding affordable internet service to emerging display technologies. A veteran tech journalist, Willcox has written for Business Week, Maxim, Men’s Journal, Rolling Stone, Sound & Vision, and others. At home, he’s often bent over his workbench building guitar pedals, or cranking out music on his 7.2-channel home-theater sound system.

Why It Doesn't Always Pay to Buy a Cheap TV - Consumer Reports (2024)

FAQs

Why are TVs not expensive anymore? ›

Several factors have contributed to cheaper TVs, some of them manufacturing related and others more about marketing. There's increased competition, a more efficient production process, plus the proven drawing power of deals.

Why should I buy an expensive TV? ›

High-end TV features

Pricey add-ons usually not included with discount models are built-in sound bars and audio processing, 4K resolution, “motion smoothing,” and a wider range of color and brightness levels. Most TVs offer some variation of LED technology, using light-emitting diodes to illuminate your screens.

What is the most reliable TV brand? ›

  • The best TV for you: How much does brand matter?
  • LG TVs: Best OLED TVs for movies and gaming.
  • Samsung TVs: Best all-around brand with the best built-in audio.
  • Sony TVs: Fantastic color accuracy and smooth motion for movies and sports.
  • TCL TVs: Best smart TV platform at unbeatable prices.
Feb 28, 2024

Are budget TVs worth it? ›

While budget picks may not have a bunch of fancy extras, they have everything most people expect out of their TV. While the QLED, mini-LED, and OLED screens often make the top lists of the best TVs, this picture quality improvement can bump up the price quite a bit.

Which TV has the least problems? ›

If you want high-quality TVs made from great materials, then it's best to look out for the big-name brands. Look out for names like LG, and Samsung. These TVs may cost a little more, but you can be sure that they use more expensive and durable materials. Higher quality materials are guaranteed to last.

Are Walmart TVs any good? ›

Test Results for Walmart Onn TVs

That first set had very good overall picture quality, and the other had excellent HD and 4K picture quality, but both but fell short in areas such as HDR and sound quality.

Are expensive TVs really worth it? ›

Similar Features, Different Performance. Even if you manage to find an inexpensive TV with a laundry list of features, that doesn't necessarily mean it's worthy of your money. The biggest differences between cheap and expensive 4K TVs typically come from better software and faster performance.

What is a good price to pay for a TV? ›

Quality TVs now come at a lower everyday price than ever. One example: Our pick for the best budget 4K TV, the Hisense U6K Series Google TV, sells for under $500 in the 55-inch size. Just a few years ago, a similar-size TV of comparable picture and sound quality would cost hundreds more.

How much should I pay for a 65 inch TV? ›

The best 65-inch TVs range in price from around $500 to over $3,000. You can also find cheaper entry-level 65-inch TVs for under $400, but we generally recommend paying a bit more to get one of the options we highlight above. Buyers shopping for a midrange 65-inch TV should expect to spend $500-$1,000.

Which TV brands not to buy? ›

These five television brands are ones you should try your best to avoid as much as possible.
  • Hitachi.
  • RCA. If you're looking for the cheapest option for a 4K television, RCA is going to be for you. ...
  • Hisense. Another cheap option for a television is Hisense. ...
  • FFalcon. ...
  • Insignia.
Nov 19, 2023

What TV brand lasts the longest? ›

Which Brand Offers The Most Durable TV?
  • Samsung. Samsung is one of the leading names when it comes to tech. ...
  • LG. LG TVs are also designed to last upwards of ten years, with plenty of care. ...
  • TCL. TCL does not have a remarkable lifespan above ten years, with most TCL TVs lasting around seven years. ...
  • Philips.

Which company TV lasts the longest? ›

Samsung: Known for their innovation and quality, Samsung TVs are often praised for their longevity and reliability. Sony: Sony has a reputation for producing high-quality electronics, including LED TVs, that are durable and offer excellent picture quality. LG: LG is another top contender, known for their advance.

What to avoid when buying a TV? ›

Buying a new smart TV? Common mistakes that you should avoid
  • Overspending on features you don't need.
  • Not considering the operating system.
  • Prioritising built-in soundbars.
  • Not future-proofing your purchase.
  • Not getting an extended warranty.
Oct 9, 2023

What is the best inexpensive TV brand? ›

Our Top 5 Picks
  • Hisense U6K. Best Picture for the Price. Jump To Details. ...
  • Amazon Fire TV Omni QLED. Best Fire TV. Jump To Details. ...
  • TCL Q7 Class TV. Best Midrange Cheap TV. Jump To Details. ...
  • Vizio 50-Inch M-Series Quantum X TV. Best Cheap Gaming TV. Jump To Details. ...
  • Amazon Fire TV 2-Series (40-Inch) Cheapest TV Possible.

Why are some smart TVs so cheap? ›

Technology and competition have driven down the cost of TV's significantly over the years, making them much more affordable for everyone.

How much should I pay for a 65-inch TV? ›

The best 65-inch TVs range in price from around $500 to over $3,000. You can also find cheaper entry-level 65-inch TVs for under $400, but we generally recommend paying a bit more to get one of the options we highlight above. Buyers shopping for a midrange 65-inch TV should expect to spend $500-$1,000.

Are TVs going to be obsolete? ›

starting to wonder whether traditional television will become obsolete in the future. people have this concern. decline in popularity, it is unlikely that it will become completely obsolete. streaming services, which are often consumed on individual devices, cannot replicate.

Why are new TVs better than old TVs? ›

Smart Capabilities: Modern televisions often have built-in Wi-Fi and access to streaming services, making it easier to access content without the need for additional devices. Large Screen Sizes: Modern technology allows for larger screen sizes, which is great for those who want a cinematic experience in their home.

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