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 2 responses by mrtennis

anytime a component is purchased as new, there is a risk that it will be unsuitable and sold.

there will be some loss incurred when selling a component purchased new, unless bought at a large discount.

a restocking fee may generate a cost equivalent to the difference between the original purchase price and the price at which the component is resold. in that case there is an advantage in taking the risk of incurring the restocking fee.

assuming there is more than a 50 percent chance of keeping the component, paying the restocking fee avoids the nuisance of reselling.
hi porziob:

if the dealer provides a demo, there is no problem with reselling. in addition, the deom is at some point, broken in, which gives the listener a more accurate representation of what the component.

dealer's should have a demo of many of the products they carry to lend to (serious) customers.