3 ms·
Imagine if any other market operated like this. You walk into BestBuy and the price of a TV is $50,000. But if you take it to the cashier you will be charged so
by AlexandrB 5y ago
Imagine if any other market operated like this. You walk into BestBuy and the price of a TV is $50,000. But if you take it to the cashier you will be charged some lesser amount based on what your credit card company negotiated with BestBuy.
Madness.
- sidewndr46 5y agoThis kind of actually does describe buying a car in the US. It is generally not permitted to buy directly from the manufacturer, so you need to go through a dealer. It is kind of messed up presently, but in normal times there isn't really a "vehicle shortage" or whatever it is getting called now. The advertised price can be completely disconnected from the actual price you pay.
- only_as_i_fall 5y agoThere are problems with car buying but I'd argue they are different problems. At least when you go to a dealership they'll give you a firm price before you sign the paperwork. The biggest issue I have with health care is that this isn't the case.
- cascom 5y agoThere is another market, it’s called higher education. The vast majority of college students are not paying “sticker price” for their education
- Jcowell 5y agoYes but at least higher education’s “negotiating” (which really isn’t negotiations since the avenues to get the cost down is far easier with Scholarships and FAFSA) is more upfront and better known.
- only_as_i_fall 5y agoActually the situation is a bit worse than that. It'd be like if you bought the $50k TV and you only knew what your price was once it showed up on your cc statement. Also the purchase is non-refundable...
- lifeformed 5y agoAlso, if you don't buy the TV, you will die.