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What's with phone rebates ?

Asked by iwamoto (5277points) September 18th, 2009

It’s a strange thing to me, but on a lot of phone articles i read a price that’s, for example $400 after a $100 mail in rebate.

So how does that work ? you pay $500 but after you mail something in you get $100 back ? why does it have to work like that and why don’t they just sell it for $400 ?

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