bargainhunt(Competent) posted this on Wednesday, 7th January 2004, 21:44
Philips 75 DVD Recorder at £199 - you have probably seen this before.
Has anyone used their buy back at 50% though. I was in the shop the other week and they bought an old DVD player back for £80 but reckoned they would only get £10 for it.
Now I was thinking if you get the 5 year gtee for £60, which if you don`t use in the five years, you get your money back, Richer Sounds will buy the item back for half price.
Thus you end up with a rental for a DVD recorder over 5 years at £16.60 a year. Bargain. Is this really true??? Or does the buy back cancel out the use of the guarantee so you lose the £60. Anyone used/know how this works. If it is the case, I`ll grab one at the weekend.
RE: Richer Sounds and Buy Back
fangface(Mostly Harmless) posted this on Thursday, 8th January 2004, 07:43
Hi
Buy back is at upto 50%, and I believe you require the original pakaging.
As far as I am aware this does not cancel money back on gaurantee. Ask a manager they are very helpful.
Regards
MIck
RE: Richer Sounds and Buy Back
Mike Osborne(Competent) posted this on Thursday, 8th January 2004, 09:12
If you buy the extended warranty they will give you 50% of the purchase price back against another new item of equipment within the first 3 years. I have successfully used this facility to upgrade a receiver and thought it was good value for money especially as prices of new equipment had dropped significantly over that period of time. I don`t think you can subsequently get back the extended warranty payment as well as you have used part of its provision but it is worth checking.
RE: Richer Sounds and Buy Back
OX-Steve(Mostly Harmless) posted this on Thursday, 8th January 2004, 10:58
It used to be 50% buyback within 3 years (or if the warranty and buyback option is unused you can get the money back). Now it`s apparently been changed to: 50% of the value within 1 year of purchase 30% within 2 years 20% within 3 years
Less of a good deal perhaps, but you can still sell the item privately for its true value and then claim back the money that the extended warranty cost. Don`t forget about claiming back though - I think they only give you a 28 day window in which to do so.
Steve.
RE: Richer Sounds and Buy Back
bigfan(Elite) posted this on Thursday, 8th January 2004, 14:20
Quote: Now it`s apparently been changed to: 50% of the value within 1 year of purchase 30% within 2 years 20% within 3 years
Yeah they changed it because quite a few people were adopting new technologies at high initial cost, then claiming half the value back a few years later and getting a new - and better - machine with the money they had just claimed back.
Man who fight with wife all day get no piece at night
