I bought a nice Samsung 8500 67” 4K curved tv for $1,699. Not bad as the cash price was only $300 more than Costco.
However, I do not know how they get around the “90 days same as cash” laws as they charge an additional 15%. That is another $254.95. Now I am almost $555 over Costco’s price. The tax on that extra $555 is $43.23 in CA.
Now we are up to $598 more than Costco (with much less of a guarantee). Now I see they are charging me a little over 8% more every month for something called a Club Membership Fee. No one told me anything about that. This is besides the regular interest if you keep it long term.
If I only take 8% of the selling price, I am paying another $136! I am now paying $734 over Costco’s price, and that is if I pay it off in 90 days!!!
I am now paying more than 52% over Costco’s price IF I PAY IT OFF IN 90 DAYS!!! Next time I will save for only 1 1/2 months and pay 52% less...& buy from a company far more interested in my satisfaction.
Product or Service Mentioned: Acceptance Now Electronics Leasing.
Reason of review: Pricing issue.