MIR?? Need Help Understanding

__BOSSY__

Reputable
Jun 23, 2015
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So my parts said that they are $$$but they are more ! They say that the price will be $$$ after mail in rebate! This is in Newegg. Is this site really going to give back my money for every piece? Is MIR real?
 
Solution
Mail in rebates are real but its the parts maker instead of Newegg that give you the rebate. Know there are requirements of proof you have to send in such as barcode, receipt, rebate form, and others. It may be months till you get your rebate.
Mail in rebates are real but its the parts maker instead of Newegg that give you the rebate. Know there are requirements of proof you have to send in such as barcode, receipt, rebate form, and others. It may be months till you get your rebate.
 
Solution

USAFRet

Titan
Moderator
Personally, I despise mail in rebates. If they can afford to sell the part for $80, then do that.
Don't charge me $100 and then give me $20 back in two months.

But...if you must...
The price shown is what you pay.
The Mail In Rebate is what the (probably) send back to you, after you jump through all the required hoops.
 

The manufacturer usually has a contract to sell the product to the retailer at a certain wholesale price. If the manufacturer wants to lower the retail price of the item below that price, they would have to renegotiate that contract because the retailer is not going to sell the item for less than they paid the manufacturer for it (at least not until they're almost out of inventory and they want to get the last remaining units out of the computers).

Or the manufacturer can issue a rebate. The contract stays in place, the retailer sells the product at the original price, and the manufacturer takes care of making up the price difference with each buyer.

It's more complicated than this (manufacturer does not handle the rebate itself, it hires a rebate company to do it for them), but that's basically the main reason rebates exist. Rebates prevent the logistical nightmare of re-pricing a bunch of products which are already in or part-way through the supply chain.

They also prevent someone from buying up every item on sale and listing them on eBay at a higher price. When HP shuttered its WebOS division and had a fire sale on Touchpads for $100 each, I tried for 3 days to order one without success. Meanwhile several high-profile ebayers bragged about getting in orders for 1000 or 2000 units. With a rebate that's limited to x units per household (address), the manufacturer is doing its best to make sure the price discount goes into the pocket of the end user, not some middleman.

The Newegg and Staples rebates are very reliable, they just take some time. The rebate processor in El Paso, TX is also pretty good. Ask around for different rebate processor addresses - some are good, some are con artists. Read all the fine print to make sure you're submitting the rebate correctly. And make copies (PDF scans) of everything before you mail it in. Sometimes they do lose stuff and will ask you for proof of your submission.
 

USAFRet

Titan
Moderator


Whatever the marketing and sales droid lip flapping that happens behind the scenes does not matter to thee and me, the regular consumer.
All I see is that I am loaning a billion dollar company $20 for a couple of months.
Someone gets the interest on that $20 * 100,000 purchases * 2 months. And it ain't thee and me.
Then you fold in all the people that forget, or do it wrong...

Bonus advertising and profit.

If the mail in rebates were a good deal for us and not them, they would not be doing it.
Since they are quite common...it is evidently a good deal for them, and not us.


In any case, OP.
If you jump through all the relevant hoops correctly, you will probably get whatever the MIR sum is.
In the form of a couple of gift cards.