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Rebates - Benefit Or Possibly A Sham?
Rebates have become more and more popular in the last few years on a lot of items and certainly on electronic items and computers. Rebates of $20, $50 or $100 are usually not infrequent.
I've even found items marketed as "free after rebate". Do these rebates appear under the heading of "too good to be true"? Some of them do and there are "catches" to watch out for but if you are careful, rebates will help you get some decent deals and offers.
The way a rebate functions is that you pay out the listed price for an item then mail in a form and the bar code to the manufacturer and they send you a refund thus reducing the cost of what you paid for the item except with a time delay of a number of weeks.
Rule #1. Rebates from reliable companies are usually fine.
You can be pretty sure you will get the promised rebate from Best Buy, Amazon or Dell but you should probably not count on getting one from a company you've pretty much never heard of. If you really want the merchandise and are OK with having to pay the price listed then buy it but don't rely on actually getting the reimbursement.
Rule #2. Check rebate expiration dates.
Many times products will stay on the shelf of a retailer after the date for mailing in the rebate offer has ended so check that date carefully.
Rule #3. Be sure that you have all the forms necessary to apply for the rebate before you leave the store.
Rebates will almost always require a form to be filled out, a receipt for the purchase and a bar code.
Rule #4. Back up your rebate claim.
Make copies of anything you send in to get your rebate as well as the bar code. Items get lost in the mail frequently and if the rebate is for $50 it's well worth the trouble to back up your claim.
In short, the above information is extremely beneficial on instructing you how to correctly invest your dollars while safeguarding your expected financial return. To take your finances to the next level, invest in something more lucrative, search listings under "going public", "merger company" or "merger companies" and consult a professional.
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