TMR has made a few changes to their policies which may interest folks.
Warranties for used gear is now 90 rather than 45 days.
Trial period is now 30 rather than 14 days.
There is now a restocking fee of 5%. Their rationale for this makes sense and seems reasonable. It would be nice if there could be exceptions to the restocking fee, such as cables and other products which don't need extensive checking for quality control. One result of this policy is that there is some more costly gear I would have tried but now am reluctant. I suppose that’s just a personal admission.
as some have mentioned, it is important to see an issue as this from both the consumer and business perspectives
much of the commentary has naturally been from a user perspective - witness @hilde45's calculations
when you have been involved in and run businesses, particularly retail businesses, you have an appreciation of the costs to do that business -- it is not free for a business to provide a return policy to customers... the earnings of the business need to support this valuable offering provided...
@jetter - Once a new unit is sold, opened and returned it should then be sold as an open box return.
Thanks for the answer Bill.
If I am purchasing an open box return I would expect to receive a discount of a lot more than 5%. For example (and not looking up the precise numbers), RenoHiFi was/is selling their like new XA25s for about $1,000 less than their retail price of about $5,000. So in my book, only paying return shipping and a 5% restocking fee is totally fair and then some.
Come the end of the day if you don’t like their new policy don’t buy from them. Nothing is this thread , including math examples of 5% times X prices, is going to change TMR’s or any other dealer’s policy.
Greetings TMR-Audiophiles, we appreciate the continued opportunity to serve you all. I just wanted to pop in and clarify the new policy for anyone who has not read the "fine print."
Factory Authorized (new or open box): 60 day returns, manufacturer warranty, No restocking fee.
We are now factory authorized for over 50 great HiFi brands, so it’s important to make the distinction that the restocking fee only applies to returns of CPO gear, and in those cases only when a product is not defective. Of course, we can always work with a customer when there are unique circumstances or an exchange. We don’t want to take the fun out shopping with us!
Thank you all for your continued support and patronage.
WOW. This thread has degenerated. Buy whatever you want, from wherever you want.
If 5% restock fee is beyond your means, perhaps you should fish in a smaller pond, or choose another vendor. Amazon gives returns up to like 60 or 90 days, lol.
Who cares?
You folks are not "influencers". Stop it already. Nobody gives a shit what you think, nobody cares what I think......enough already. Support a US business when you can, don’t when you cannot. I don’t care anymore. Audiophiles suck.
Obviously you care. You posted. You took your time to rag on this thread.
"Enough already"? LOG OFF. CLICK AWAY. BEGONE.
Perhaps you don’t understand what a ’discussion forum’ is. I suggest you do so research and try to not be mean to people. This is a hobby, and the forum discussion is for fun.
I bought a used tube power supply from TMR that was designed and made by a small manufacturer , The Music Room's packaging was far superior to the original manufacturers packaging. They had used a foam machine to encapsulate the entire product before putting it in the box. I've owned this power supply for 5 years with zero problems.
The reason TMR has done well is that they stick to their game plan and don't try and be everything for everybody. Their return policy is reasonable, particularly compared to some new equipment retail establishments that require up to 15% for restocking fees. The prices they buy and sell for allow them to stay in business and make a profit while providing a level of service that is above what I have seen from other merchants dealing in used home audio gear. They are growing their business to include sales of new equipment. I have purchased from them in the past and would have no hesitation to do so in the future.
@jetterI think you maybe misunderstood something, or perhaps I am, but the 5% being discussed is a restocking fee for returns of used gear not a discount.
@jond I can see the confusion in reading my post. And I hope I don't further confuse you.
Now that tmraudio has posted that there is no restocking fee for returns of Factory Authorized (new or open box) gear what I wrote is not accurate.
Before the tmr post I had intended to say that while the person returning new gear pays a 5% restocking fee, I as a buyer of what is now open box gear would expect to pay less for the gear, say at a 20% discount.
Therefore tmr is eating the 15% difference (20%-5%) in lost sale price.
Now that tmr has stated they charge no restocking fee for returns of new gear, they are eating the total difference between the new price of the gear and the now reduced open box gear price.
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