Rebates have become increasingly more popular in the last few years on a lot of items and certainly on electronic items and computers. Rebates of $20, $50 or $100 are not infrequent.
I've even seen items marketed as "free after rebate". Do these rebates occur under the heading of "too good to be true"? Some of them do and there are "catches" to watch out for but if you are careful, rebates can help you get some decent deals.
The way a rebate functions is that you invest in the listed price for an item then mail in a form and the bar code to the manufacturer and they send you a refund thus reducing the price of what you paid for the item except with a time delay of several weeks.
Rule #1. Rebates from reliable companies are usually okay.
You can be pretty sure you will get the promised rebate from Best Buy, Amazon or Dell but you should probably not count on getting one from a company you've never heard of. If you really want the merchandise and are OK with paying the price listed then buy it but don't rely on actually getting the return.
Rule #2. Check rebate expiration dates.
Many times products will stay on the shelf of a retailer after the date for sending in the rebate offer has ended so check that date carefully.
Rule #3. Be sure you have all the forms necessary to apply for the rebate before you leave the store.
Rebates will almost always require a form to be filled out, a receipt for the purchase and a bar code.
Rule #4. Back up your rebate claim.
Make copies of everything you send in to get your rebate as well as the bar code. Stuff gets lost in the mail frequently and if the rebate is for $50 it's really worth the trouble to back up your claim.
In short, the above information is extremely beneficial on educating you how to correctly invest your funds while safeguarding your expected financial return. To take your monies to the next level, invest in something more lucrative, search listings under "going public", "merger company" or "merger companies" and consult a professional.
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