Blockbuster : NO LATE FEES EVER

[Keyser Soze]

OK, so whats the catch?

[Gooch]

blockbuster sucks.

[Keyser Soze]

i prefer on demand, but indulge me and let me know how blockbuster can possibly do this?

i mean fuck it, i'm not ever returning the thing if theres no late fee. im keeping the fucking thing.

[Gooch]

it's an attempt to charge the movie it to your card after a week.




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Blockbuster drops late fees

No. 1 video rental chain to give 1-week grace period; Financier Icahn steps into buyout fray.
December 14, 2004: 6:29 PM EST


NEW YORK (CNN/Money) - Blockbuster Inc. announced Tuesday it is abolishing late fees on all its video tapes, DVDs and video games as of Jan. 1.

The world's largest video rental company will still have due dates for their rental products -- one week for games and two days or one week for movies, depending on whether it's a new release.

But customers will be given a one-week grace period after that to return the product. After that grace period ends, the chain will automatically sell them the product, less the rental fee. If the customers don't want to purchase the movie or game, they can return the product within 30 days for a credit, less a restocking fee.



Edited By Gooch on 1105368865

[Keyser Soze]

i knew they were lying!!!!

[The Sleeper]

they will lose 250-300 mil doing this, but it's a desperate attempt to get some business back from netflix converters

[Gooch]

basically you have a one week grace, but what they really want is to make money off people slacking. its brilliant.

[Rooner]

I have till tomorrow to return MX Unleashed of Im buying it.

[Buttmunch]

You mean to say that they are going to make me buy The Lizzie McGuire movie?

[Keyser Soze]

what a clever ruse!

[Danked]

They may potentially lose business because of this move but it seems like the smart thing to do. The way I understand it, you pay the normal rental fee for the standard rental period, be it one day or three days, etc and you are still supposed to return it within that time period. After one week, if you haven't returned it, they charge you the price of the DVD as if it were a NEW purchase. You get ripped off right there. You pay full price for a DVD that is obviously pre-played. After that, you have 30 days or so to return it and they will refund the charge they placed on your credit card. Any more than 30 days and it is yours to keep.

[Keyser Soze]

im blowing this fucker wide open!!

[Gooch]

They may potentially lose business because of this move but it seems like the smart thing to do. The way I understand it, you pay the normal rental fee for the standard rental period, be it one day or three days, etc and you are still supposed to return it within that time period. After one week, if you haven't returned it, they charge you the price of the DVD as if it were a NEW purchase. You get ripped off right there. You pay full price for a DVD that is obviously pre-played. After that, you have 30 days or so to return it and they will refund the charge they placed on your credit card. Any more than 30 days and it is yours to keep.

minus the rental fee from the cost

[Goatweed]

you still need to actually go there & return it.

On Demand rules, and it's cheaper.

[GonzoStyle]

Basically they've turned the 2 day rental into a one week rental.

[Gooch]

and then...you own the fucker

[Goatweed]

hence, it is lame.

[Galt]

or you could just got the Gonzo/Goatweed route and purchase every DVD that goes on the market.

[GonzoStyle]

or you could just got the Gonzo/Goatweed route and purchase every DVD that goes on the market.

exactly, tomorrow monk season 2 and unforgivable blackness are on my purchase list.

[Goatweed]

Gonzo is much more guiltier of that than I am - you won't find Nat'l Lampoons Dorm Daze in my collection.