GTM Performance Engineering: MHI Twin Turbo Official Release

Cell · 12-17-2013, 07:28 PM

Quote:

Originally Posted by Alkatraz

Ok...i just cant help myself....

What Is Layaway - Pros & Cons and Stores That Offer Layaway Plans
"While every store has their own rules, most layaway programs follow the same four basic process:
You pick out the items you want to put on layaway. Many stores only offer layaway for items in certain departments, such as jewelry or electronics.
You make a down payment. The down payment varies by store. Some stores let you choose the amount, while others charge an amount based on your total purchase price.
You make small payments over time. You can make weekly, biweekly, or even monthly payments, depending on the store’s policy.
Once you pay off the total purchase price plus any layaway fees, you can pick up your items.
The seemingly straightforward process has a myriad of complicated fees. While every store has a slightly different policy, stores charge some or all of these fees:
Service Fee. The service fee covers the store’s cost of processing multiple payments and keeping the items off the shelves. The service fee typically ranges from $5 to $10.
Cancellation Fee. Most stores charge a cancellation fee if you decide to cancel your layaway plan, or if you cannot make all the payments by the due date.
Restocking Fee. Some stores charge a restocking fee if you do not make your payments on time, or do not finish paying for your products by the due date."

How do you put a product on layaway when it isn't even completed to be shipped out. You NEED to have a finished product to have it on layaway.

Alkatraz · 12-17-2013, 07:48 PM

Quote:

Originally Posted by Cell

How do you put a product on layaway when it isn't even completed to be shipped out. You NEED to have a finished product to have it on layaway.

If you can show me the US Federal or Califorinia state law that states this, then I will happily agree with you. I am at a disadvantage not being an American but I see no reason why they would have to have the item physically on the shelf in order to arrange a layaway plan. If the seller cant deliver the product by the time that the last payment is made, then they are liable.

Cell · 12-18-2013, 11:40 AM

Quote:

Originally Posted by Alkatraz

If you can show me the US Federal or Califorinia state law that states this, then I will happily agree with you. I am at a disadvantage not being an American but I see no reason why they would have to have the item physically on the shelf in order to arrange a layaway plan. If the seller cant deliver the product by the time that the last payment is made, then they are liable.

The Feds and California will not go into detail as to what restocking fee and layaway means. This is usually done in a contract between two parties.

Like I said before, if the terms are not defined in the contract, it's up in the air as to what it really means.

As for me, I still stand my ground as to what the two terms mean. You cannot restock something that was never in possession by the customer and you cannot put a product in layaway when it is not finished.

Unless someone is willing to post the definitions on the contract, it is pointless trying to argue it. In civil court here in the US, person only needs to prove 51% to win the case. If it is not defined in the contract, chances are the customer would win if he/she decided to take it to court.

Chuck33079 · 12-18-2013, 11:41 AM

Quote:

Originally Posted by Cell

The Feds and California will not go into detail as to what restocking fee and layaway means. This is usually done in a contract between two parties.

Like I said before, if the terms are not defined in the contract, it's up in the air as to what it really means.

As for me, I still stand my ground as to what the two terms mean. You cannot restock something that was never in possession by the customer and you cannot put a product in layaway when it is not finished.

Unless someone is willing to post the definitions on the contract, it is pointless trying to argue it. In civil court here in the US, person only needs to prove 51% to win the case. If it is not defined in the contract, chances are the customer would win if he/she decided to take it to court.

Ambiguity in contracts favors the buyer, not the seller.

Alkatraz · 12-18-2013, 05:49 PM

Quote:

Originally Posted by Cell

As for me, I still stand my ground as to what the two terms mean. You cannot restock something that was never in possession by the customer and you cannot put a product in layaway when it is not finished.

I have shown in multiple previous posts that a restocking fee can be charged on layaway items that are never in possession by the customer. This is common practise so I dont know why you are arguing that one.

I will now give some examples of several products which were offered by retailers under a layaway scheme but which were not yet finished or released.

Apple Iphone 5 (probably 2, 3, 3s, 4, 4s as well)
Samsung Galaxy S4
Playstation 4
Xbox 1

All of these were offered for sale via layaway long before they were ever finished or released. If Wallmart can do it with products that they have zero control over, then other companies can do it for the products that they actually produce.

I dont know what else I can do to show that GTM have every right to run a layaway program and charge a restocking fee on this product.

Once again, I'm not trying to defend them in any way. I wouldn't charge a fee after all the delays if I was them but the fact is that they have done nothing wrong. If you are angry at GTM for the neverending delays and poor communication, then fine, be angry (I am) but can people just stop making things up to try and make them look bad. Or at least go and make a new thread to do it in.

There are about 5-6 people here who should go and start a 'GTM sucks big hairy goats balls' thread and then they can have a wonderful time together. I for one would probably check it daily just for a laugh.

Diabel · 12-19-2013, 07:57 AM

Quote:

I will now give some examples of several products which were offered by retailers under a layaway scheme but which were not yet finished or released.

Apple Iphone 5 (probably 2, 3, 3s, 4, 4s as well)
Samsung Galaxy S4
Playstation 4
Xbox

There are about 5-6 people here who should go and start a 'GTM sucks big hairy goats balls' thread and then they can have a wonderful time together. I for one would probably check it daily just for a laugh.

I can see you like an examples, so put it this way, look around here and open your eyes please, you are here alone like a little australian sheep among the wolves, which try to prove something hopeless and ridiculous. Because of the good exchange rate you made a good deal but everyone else didn't. They frozen their money for months...

BlkNismo · 12-19-2013, 08:04 AM

The restocking issue has been discussed to death, can we move on guys??????

on side note, anybody know how much additional coolant the csf radiator holds?

Alkatraz · 12-19-2013, 08:58 AM

Quote:

Originally Posted by Diabel

I can see you like an examples, so put it this way, look around here and open your eyes please, you are here alone like a little australian sheep among the wolfs, which try to prove something hopeless and ridiculous. Because of the good exchange rate you made a good deal but everyone else didn't. They frozen their money for months...

I cant say anything to that. I look around and all i see are 'wolves' with an axe to grind against GTM and either no decent answers to my points or no skin in the game. Of the people who have made a post disagreeing with any of my arguements, how many are actually involved in the group buy?

If you are so convinced that my points are 'hopeless and ridiculous (sic)' then explain why. The fact that you have moved onto me somehow getting a good deal and everyone else not because of the exchange rates goes to show that you either haven't read or haven't understood anything that I have posted. That has never even been the topic of discussion. You have moved back to complaining about the delays for some reason.

The exchange rate changing doesn't help me at all. I want a TT kit and have to wait around for this one to be ready. End of story. How is my money not frozen? Yes, i would make a couple of hundred if I cancelled but then what? The couple of hundred would be eaten up in exchange fees and no one else has a TT kit that is guaranteed to fit a RHD G37.

Cell · 12-19-2013, 09:56 AM

Quote:

Originally Posted by Alkatraz

Which is......?
I asked you that before.....6 months? 12 months? 5 years?

I have openly invited someone to show me any laws that govern this particular area but no one has responded. It's easy to make statements about what would/should happen without providing any precedent.

Someone mentioned that there was a $1000 non-refundable deposit for the Fast Intentions TT kit pre-order. I don't whether this is true or not as i have only followed that thread very sporadically (and full of jealousy I should add :P). For someone who decided to pull out of their Fast Intentions TT kit pre-order (before the release date was actually announced), would your advice be that they should request their $1000 back?

If Tony said 'No. We had an agreement and I have now invested money into a kit that you no longer want. The $1000 is to cover my costs and you were well aware of this fact when you signed up.' Would your suggestion be for the purchaser to sue Tony and Fast Intentions?

I don't want to turn this into a vendor vs vendor situation, it's just a perfect comparison.

I am not sure how you guys do things in Australia but our Government doesn't govern something this small.

I don't need to repeat myself with my reasoning it won't sink in for you.

Quote:

Originally Posted by Alkatraz

I cant say anything to that. I look around and all i see are 'wolves' with an axe to grind against GTM and either no decent answers to my points or no skin in the game. Of the people who have made a post disagreeing with any of my arguements, how many are actually involved in the group buy?

If you are so convinced that my points are 'hopeless and ridiculous (sic)' then explain why. The fact that you have moved onto me somehow getting a good deal and everyone else not because of the exchange rates goes to show that you either haven't read or haven't understood anything that I have posted. That has never even been the topic of discussion. You have moved back to complaining about the delays for some reason.

The exchange rate changing doesn't help me at all. I want a TT kit and have to wait around for this one to be ready. End of story. How is my money not frozen? Yes, i would make a couple of hundred if I cancelled but then what? The couple of hundred would be eaten up in exchange fees and no one else has a TT kit that is guaranteed to fit a RHD G37.

I was originally in the group buy and even asked for a invoice. I believe I still have it too. I have nothing against GTM and am not trying to attack them. I think it is unreasonable for them to charge this fee. Not only do I think this but many others do too.

Everyone has given you decent answers. You are just unwilling to accept it.

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12-19-2013, 08:04 AM	#7 (permalink)
BlkNismo Track Member Join Date: Sep 2011 Location: USA Posts: 614 Drives: Nismo Rep Power: 15	The restocking issue has been discussed to death, can we move on guys?????? on side note, anybody know how much additional coolant the csf radiator holds?