Won't I lose money if I get "free" iPod and sell it?

Discussion in 'Buying Tips and Advice' started by baconmacNcheese, Aug 7, 2009.

  1. baconmacNcheese macrumors newbie

    Joined:
    Jul 7, 2009
    #1
    Because I'm spending $229 then get it back in rebate... and if I sell it, I will get less than $229, so might as well not get it right? Since I don't need it that is.
     
  2. OllyW Moderator

    OllyW

    Staff Member

    Joined:
    Oct 11, 2005
    Location:
    The Black Country, England
    #2
    Don't forget you will still get your $229 rebate plus whatever you get selling the iPod.

    It is impossible for you to be out of pocket unless you pay someone to take the iPod off you. ;)
     
  3. ag55 macrumors regular

    Joined:
    Jun 14, 2009
    #3
    HOW ARE YOU A COLLEGE STUDENT???

    Get iPod - 229
    Rebate - 229
    Sell - 190

    WHATEVER YOU SELL IT FOR = PROFIT
     
  4. andrewsd macrumors 6502

    Joined:
    Sep 27, 2008
    Location:
    USA/BAYERN(bavaria)
    #4
    student

    Taking in that you are most likely a student then I think you should get the iPod and get what ever you can for it. Then go out and buy a basic math book.:cool:
     
  5. eawmp1 macrumors 601

    eawmp1

    Joined:
    Feb 19, 2008
    Location:
    FL
    #5
    God, don't they teach word problems in school anymore?

    1) A student travelling North on a train to Chicago buys a iPod for $X of which he is completely REIMBURSED by a rebate.
    2) He then sells it to another student travelling South on a train to St. Louis for $Y

    How much does the student have at the end of teh day?
    A) (-X) + (+X) = 0 + (+Y) = $Y
    B) Less than X b/c he was too drunk to mail in the rebate
    C) All of the above
     
  6. hardax macrumors regular

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    Jan 16, 2008
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    New Hampshire
  7. andiwm2003 macrumors 601

    andiwm2003

    Joined:
    Mar 29, 2004
    Location:
    Boston, MA
    #7
    no. the best is you take the ipod and give it away for free (to me). then the transaction is neutral to you and you don't lose money.

    i'm so worried about the future now.
     
  8. Unspoken Demise macrumors 68040

    Unspoken Demise

    Joined:
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    Location:
    >9,000
    #8
    You have ruined mac and cheese for me.
    Every time I bust open a box of Kraft, I will think of you and your poor mathematics.
     
  9. macjonny1 macrumors 6502a

    macjonny1

    Joined:
    Jan 10, 2006
    #9
    What's worse is if this OP is a college student....
     
  10. Demosthenes X macrumors 68000

    Demosthenes X

    Joined:
    Oct 21, 2008
    #10
    It's a good thing you qualify for the student rebate...
     
  11. arkitect macrumors 601

    arkitect

    Joined:
    Sep 5, 2005
    Location:
    Bath, United Kingdom
    #11
    I first read this thread early this morning.
    I thought I was missing something.

    After 4 coffees, lunch and a couple hours on the phone with HMRC, I tried again.

    OP, is this a trick question?

    Because if you're being serious… :eek:
     
  12. dr. shdw macrumors 6502a

    Joined:
    Aug 27, 2008
    #12
    Oh man back to basics please...addition and subtraction!
     
  13. dukebound85 macrumors P6

    dukebound85

    Joined:
    Jul 17, 2005
    Location:
    5045 feet above sea level
    #13
    wow op

    think this through again and see if you see the flaw in your logic
     
  14. pelicanflip macrumors 6502a

    Joined:
    Jun 24, 2009
    Location:
    NYC
    #14
    Your logic fails. Epicly.

    You get back $229 from the rebate, and profit from whatever you sell it for.
     
  15. old-wiz macrumors G3

    Joined:
    Mar 26, 2008
    Location:
    West Suburban Boston Ma
    #15
    Good Grief! I hope the OP is not planning a career in banking or finance. Considering that the rebate only applies to college students, I'd say the OP graduated from high school by some miracle.
     
  16. andiwm2003 macrumors 601

    andiwm2003

    Joined:
    Mar 29, 2004
    Location:
    Boston, MA
    #16
    banking or finance would be ok. seems not to matter if you are off by a few billion dollar there.

    but what if he becomes a surgeon? it matters if you are off by an arm or a leg or a pe...:eek::eek:
     
  17. sishaw macrumors 65816

    sishaw

    Joined:
    Jan 12, 2005
    #17
    I was going to chime in with a witticism of my own, but I can't top this.

    The Government might work for him. If you're off by a billion here or there, it's no big deal. Like if an individual loses a penny out of their pocket.

    NB: I work for the Government, I can make jokes like that ;-)
     
  18. mdgolom macrumors 6502

    Joined:
    Oct 26, 2006
    #18
    Yes, you are correct. You would be better off not getting the iPod and then selling it.

    (yes, I'm being sarcastic, and civilization is doomed. Perhaps he could run for Congress since their math is fuzzy as well).
     
  19. rajux macrumors newbie

    rajux

    Joined:
    Aug 6, 2009
    #19
    Exactly what I would have said
     
  20. Wotan31 macrumors 6502

    Joined:
    Jun 5, 2008
    #20
    Are you going to public school or private school? I'm just curious which system it was that failed you so miserably.
     
  21. nastebu macrumors 6502

    Joined:
    May 5, 2008
    #21
    tax

    You do have to pay sales tax on the retail price of the ipod, which you don't get back as part of the rebate. So if you don't need it, and can't be bothered to sell it, you shouldn't get it.
     
  22. Willis macrumors 68020

    Willis

    Joined:
    Apr 23, 2006
    Location:
    What feels like the middle of nowhere
    #22
    Unless you live in the UK, its just a rebate for a percentage of the price.

    For example;

    iPod Touch 8GB £165

    The max rebate you can get is £145, so we have to pay £20 for the bloody thing. Then again, it would sell for more than £20 so thats profit either way, but not as much!
     
  23. dacreativeguy macrumors 68020

    Joined:
    Jan 27, 2007
    #23
    I'm all cried out. I've been weeping for many, many years. :(
     
  24. old-wiz macrumors G3

    Joined:
    Mar 26, 2008
    Location:
    West Suburban Boston Ma
    #24
    Maybe the OP worked as an intern last year and caused the stock market crash.
     
  25. mscriv macrumors 601

    mscriv

    Joined:
    Aug 14, 2008
    Location:
    Dallas, Texas
    #25
    Holy smoke! The movie Idiocracy is coming true. Mike Judge was right. :eek:
     

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