Trade-Up Policy

[dameisers]

So the DH and I have differing opinions on the trade-up policies for some of the internet vendors. Can you clue me in? And...spell it out!

If I purchase a diamond for $5000.00 and I want to trade it in to get a bigger and better diamond...What is the trade-up policy?

 

[FireGoddess]

It completely depends on the vendor, and you should ask each one that you're seriously considering doing business with. The place we bought my stone (this was before I found PS) had an 80% back policy, meaning if I spent $5000 on the stone, when I traded it in for an upgrade, I would only get a $4000 credit towards the upgrade. I would search for a place that does 100% of the purchase price for trade up, if possible. It's better not to lose any money if you can help it!!!

 

[dameisers]

Here is the scenario: Ring purchased @ $5000.00, trade-up policy gives 100%, but must spend double the original purchase amount.

How can I put this?

One of us thinks the "double" means, you would only need to spend 10K. The other thinks it means you would need to spend 15K.

Who''s confused?

 

[FireGoddess]

You need to spend $10K. Out of curiosity...which one of you was confused??

 

[dameisers]

I will give you one guess!

I may not be a scholar, but when it comes to diamonds...move over and let me drive! I have officially been infected with the PS bug!

 

[Dancing Fire]

Date: 3/23/2005 9:45:25 PM
Author: dameisers
Here is the scenario: Ring purchased @ $5000.00, trade-up policy gives 100%, but must spend double the original purchase amount.

How can I put this?

One of us thinks the ''double'' means, you would only need to spend 10K. The other thinks it means you would need to spend 15K.

Who''s confused?

you don''t have to spend double,most e-vendors here will do a trade-up for few hundred dollars difference.

 

[Kaleigh]

Yes, it all depends on the vendor. Some have better policies than others, you need to ask, it''s that easy!!