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
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  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
     
    AnthonyR, Sep 17, 2003
    #2
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  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

    http://www.le.state.ut.us/~code/code.htm
     
    GMAN, Sep 18, 2003
    #3
  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 www.newegg.com 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.
     
    AnthonyR, Sep 19, 2003
    #4
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