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Mail-In Rebates: Good Deal or Rip-Off?
Many reliable companies, such as
BestBuy.com, offer mail-in rebates for products. I’ve purchased
many products with mail-in rebates and have usually received the rebate.
However, I feel that you should effectively discount the value of a
mail-in rebate by about half.
In other words, if a product is offered
for $100 with a $60 mail-in rebate, don’t assume the final cost
to you is $40. If you get your rebate, that’s true. But, if they
won’t honor your rebate, your real cost is the full $100. For deciding
if you should purchase the item, give the rebate about half its value—$30
here. If you’re willing to pay $70 for the item, go ahead and make
the purchase. But, don’t weigh the rebate as if it’s as good
as money in the bank!
For the PC built in this book, one
rebate (ViewSonic monitor $40 rebate) was sent in and not received.
Even though the paperwork was carefully prepared, the rebate fulfillment
company claimed no receipt was included. A follow-up letter was sent
with a copy of the receipt included and the rebate was then received.
The company retailing the product,
Best Buy, is reliable, and I’ve received many rebates for products
purchased through them. (BestBuy.com is one of my favorite places to
purchase hard drives, RAM, DVD drives, and other components.) The retailer
benefits if the rebate encourages the customer to purchase a product
he or she otherwise wouldn’t have.
However, the rebate processing is
sometimes done by a third party, and the actual refund is issued by
the product’s manufacturer. This can lead to nastiness in getting
your rebate.
For example, wouldn’t it be
desirable for a manufacturer not to have to pay a rebate? That puts
more money in their pocket! So, a less-than-ethical third party rebate
fulfillment company might have a motivation to deny as many rebates
as possible. For example, they could claim that you didn’t include
a copy of your receipt, even if you did. This makes it look like they’re
saving the manufacturer money. Most consumers don’t aggressively
follow up to protect their rights and some rebate companies prey on
this.
Because of negative possibilities
like this, I only give mail-in rebates half their value when deciding
to make a purchase.
Another point to keep in mind is
that some of the rebate fulfillment companies are diversified telemarketing
companies. Unless mandatory, don’t enter your e-mail address or
you might wind up getting spam. Because of this, I’m tending to
avoid smaller mail-in rebates. Or create a yahoo.com e-mail account
and use that for rebate purposes, so you don’t get your primary
e-mail account spammed.
Fill in your rebate form carefully
and include all requested documentation of your purchase. If you don’t,
your rebate will certainly be rejected. It’s also important to
keep copies of your rebate form and your receipt. If a rebate isn’t
received within the time period expected, you should contact the retailer
or the rebate center and ask what the problem is. If worst comes to
worst, threaten to contact the Federal Trade Commission. Remember, it’s
your money they’re trying to keep!
I hope this chapter hasn’t scared
you about buying computer parts. Most of the time, everything will go
smoothly. Your parts will be great and will work fine. And, if they
don’t, the seller will gladly accept the return and get you a working
part.
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How to Build Your Own PC (http://www.PCGuide.com/byop/) on PCGuide.com
Version 1.0 - Version Date: May 4, 2005
Adapted with permission from a work created by Charlie Palmer.
PCGuide.com Version © Copyright 2005 Charles M. Kozierok. All Rights Reserved.
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