Internet purchasing

[darthhex25]

Just how safe is it to buy on the internet? The stones that I see at different sites are all well priced and carry the cert that I''m looking for, but I just have a hard time buying something that expensive without seeing it. Also, are there any sites that offer any type of financing if you buy from them?

-Jon

 

[wonka27]

It all depends where your buying from. If your looking at a pricescope vendor, you should be safe. The folks here are looking to give you an excellent product. Use the search feature here to see if you can find any feedback and recommendations about your vendor.

It is tough to make a purchase this big without seeing it first. A good return policy is what you want first and foremost. Enough time for you to get the diamond, let its performance sink in, and possibly have it appraised. An appraisal would be an excellent idea to verify your purchase. That will set your mind at ease. Before you purchase, it would be wise to read the tutorial on pricescope and become as informed as you possibly can. This will help you understand what makes a beautful diamond.

Financing depends on the company. I think a place like Blue Nile offers to set you up with MBNA for financing. However, the rates are probably through the roof and you may be better off with a credit card or personal loan from a bank or credit union.

 

[denverappraiser]

Jon,

Welcome to pricescope,

Most jewelers, including most internet based sellers, will accept credit cards either for free or for a small fee, usually about 2% over the cash price. The credit card company is more than happy to accept your payment program and they will almost always offer you a better deal than the private financing arrangements offered through the stores. The paperwork required is going to be identical. www.bankrate.com has a pretty good search engine for shopping these guys against each other. Today Chase was offering 2.99% fixed, no annual fee.

Using a credit card also offers some level of protection if you have a problem with the merchant, either land based or through the internet. If you need or want the financing, I think you will find that you are better off making your own deal with a lender and leave the jeweler out of it entirely.

Neil Beaty, GG ISA
Independent Appraisals in Denver