restocking fees

Discussion in 'Amateur Video Production' started by Wishy13764, Sep 17, 2003.

  1. Wishy13764

    Wishy13764 Guest

    Does anyone know how they figure the restocking fees on ? Is it based on the
    total amount including the tax, or just on the cost of the product? Also, can
    some company's limit it to 7 days from days of purcase?
    Wishy13764, Sep 17, 2003
    1. Advertisements

  2. Wishy13764

    AnthonyR Guest

    it's all dependant on their return policy.
    You must read this prior to purchase, they can charge anything they want as
    a restocking fee all the way to not accepting returns at all.
    Every seller has a different policy. Just ask them.

    AnthonyR, Sep 17, 2003
    1. Advertisements

  3. Wishy13764

    GMAN Guest

    it all has to do with what your state laws allow. do
    a google search for " " state code where " " is the stste that you
    live in.

    Example, UTAH STATE CODE in google gets me to here
    GMAN, Sep 18, 2003
  4. Wishy13764

    AnthonyR Guest

    Actually, when i re-read the post, i realize what you asked, the restocking
    fee is usually on only the item price, not on the tax. The tax is refunded
    at 100% since the sale is void. At least that is my thinking, but i guess
    the state loses out on tax on the restocking fee, hmm, but its a fee and not
    really a sale item, so maybe that's how they justify it.
    Good question, i never thought about it in that way before.

    I remember recently when i returned a cpu to they had to
    charge me a restocking fee because i opened it and tested it for a week.
    I was just glad they would even take it back, so i was happy.
    Anyway, they charged the restocking fee on the actual price of the cpu, as
    of one week later. It had dropped by $5, so it was 15% off the new price.
    Tax wasn't a factor.
    AnthonyR, Sep 19, 2003
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.