Just recently I got a brand new considerably warped record; What do I do? send it back.
I've been through that before, and they sent me another warped record. I don't feel like going through the hassle.
Fortunately, I didn't hear the warp on playback. Since it was a collectors item LP, I recorded it on new expensive R2R tape so that I could hear it without handling the record.
So far, I haven't heard the warp, not even on playback with the reel.
I watched the cartridge ride up and down those warps like a car going up and down hills without flexing the stylus, my tone arm is so well balanced, and the cartridge compliance is such that it's not affected by warped records, and this one is more than mildly warped; another reason to stay out of vinyl if you're not already in.