Posted by ss55 on February 18, 2021 at 08:00:14 from (96.42.212.92):
In Reply to: re-stocking fee scam posted by littlefarmer on February 18, 2021 at 06:58:38:
Industrial equipment is far less standardized than farm equipment, so that industry has used a 40 percent restocking fee for at least 40 years that I worked in it. A 20 percent restocking fee for ag parts is a reasonable average charge to cover restocking costs, inventory costs and the risk that no one will order that part and it will be scrapped. By shifting the restocking charge to the buyers, buyers tend to be more careful about how and what they order. Some customers will ordering two parts that might work and sending back the un-needed one, that is expensive for suppliers.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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