Friday, July 25, 2003
CBS Marketwatch: "Rebates Suck"
Rebates that reek
Money-back rules can be obstacles, or even fraudulent
I'm still waiting for rebates from Sprint/Amazon (Christmas '02 -- only one of the two phones we bought ever had the rebate show up) and TiVo (October '02).
I no longer calculate rebates when price comparison shopping. Given the choice between two items, one $150, the other $175 plus a $50 rebate, I have determined that the rebateless one is the better deal.
Rebates are simply a giant pain in the arse, and often times in my experience, a scam.