Re: rebate

"John Ings" <[EMAIL PROTECTED]> wrote in message
news:[EMAIL PROTECTED]
> On 23 Nov 2003 11:34:55 -0800, [EMAIL PROTECTED] (surena abari)
> wrote:
>
> >What is the meaning of rebate?
> >I want to buy a digital camera online and the
> >seller announces that the price is $550 and also
> >there is $100 manufacture rebate from Nov 1st to Dec 15th.
> >So what is the money I must pay in that time period?
>
> You pay $550 plus whatever taxes there are on that amount.
> There is usually a cupon of some sort in the package with the item.
> You fill in your name and address and send the cupon to the
> manufacturer. They send you a cheque for $100
>
> >Also I read the following comment:
> >"Some sellers include the rebate in the price, so they
> >subtract that amount off and put the result in big letters.  You still
buy
> >it at their regular price, then it's up to  you to get the rebate turned
in."
>
> So that camera might be advertised in big letters as costing $450.
> When you go to buy it you find you really have to pay $550. You get
> the $100 difference back, but not right away. If 1000 customers buy a
> camera, and the manufacturer takes his time paying the rebate, he gets
> to keep the interest earned by $100,000 over that time.
>
>
Be aware that the rebate is often only valid to residents of the country of
origin.
m.