restocking fees


More high end manufacturers are selling direct and offering home auditions, and many are charging restocking fees of up to 20%. I absolutely respect the right of any manufacturer to charge whatever he sees fit. It's expensive to have product in the field, and companies want to discourage tire kickers, but I see no reason to risk paying a restocking fee when the market offers me so many other choices. Do restocking fees discourage you from trying a product, or is the risk worth taking.
84audio

Showing 1 response by mitch2

Businesses are free to set their terms and their prices(within the law), then live with how the market responds. I certainly see the reason for restocking fees, and agree with the practice. If you are not seriously interested in purchasing, you should not order. Dealers cannot fund tire-kickers without losing profit, or raising the prices for the other folks who actually purchase, and I can't agree with the concept that since we pay too much in taxes we should not be obligated to reimburse dealers for their expenses. However, on-line dealers might consider alternate methods of showing their products such as auditions at various audio clubs around the country, and perhaps a traveling demonstration tour similar to what bicycle and snow ski manufacturers do. One thing will never change, we vote with our wallets, then the market sorts itself out.