Page 1 of Richer Sounds and Buy Back

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.

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

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.

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.

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