My advice to you is, do not to buy a MADDOG product if it includes a
rebate!
-
No Rebate stood up, at show-n-tell in ffecnclnBIN...@comcast.com
and said:
--
Strontium
"It's no surprise, to me. I am my own worst enemy. `Cause every
now, and then, I kick the livin' shit `outta me." - Lit
Nystagmus
"Patch" <bob_...@hotmail.com> wrote in message
news:7FRVa.110278$R92....@news2.central.cox.net...
"Nystagmus" <eyes...@blurredvision.org> wrote in message
news:4PWcneUqhph...@comcast.com...
Jay S.
I don't agree. The rebate mishandling, mistakes, scam, whatever you want to
call it is prevalent with retail purchases of electronic/computer equipment.
CompUSA is as responsible as Mad Dog for it. Both companies hire clearing
houses to handle their rebates. Both companies should hold these clearing
houses responsible but they don't.
Rebates are a scam to begin with. Why does it take any company these days
6-8 weeks to process one's rebate? Why don't they just sell the item at the
after rebate price? These answers are obvious to me anyway.
Rebates are a billion+ dollar business. Let's assume that 5% of those
people never send in their rebates. Someone now has a 50 million dollars.
Let's also say that 5% of rebates are mishandled to a point that the rebate
amount is never sent. That's another 50 million dollars. That's 100
million dollars of rebates that were never received. Average rebate amount
is let's assume $100. 100 million divided by 100 is 1,000,000 times a
rebate was never sent to someone each year.
By keeping your rebate dollar amount over 4 weeks in a bank account provides
interest income for whomever. Let's assume at any given time there is 10
million in a back account. 10 million @ 4% divided by 12 months = 33
thousand a month someone is earning just by taking 6-8 weeks to process your
rebate.
I bet the figures in the above example are much higher.
Who get's the interest monies is a good question. CompUSA, Mad Dog, the
clearing house? Who cares?
Is it a scam? You betcha!
Rebates are a gamble. I've lost twice to CompUSA and Mad Dog. Once on a
video card another for a CD drive. No more rebates for me.
Nystagmus