muckynees Posted October 6, 2006 Share Posted October 6, 2006 does anyone know if you can lay stuff away at CEX (think thats what its called) in town and how does it work? Link to comment Share on other sites More sharing options...
PuressenceUK Posted October 6, 2006 Share Posted October 6, 2006 No you can't. They will only buy or exchange goods for vouchers to be spent in store. Link to comment Share on other sites More sharing options...
muckynees Posted October 6, 2006 Author Share Posted October 6, 2006 oh thats naf, looks like santas not coming this year then!!! Link to comment Share on other sites More sharing options...
PuressenceUK Posted October 6, 2006 Share Posted October 6, 2006 I think there's a place down the Moor which does buy-back still. Link to comment Share on other sites More sharing options...
muckynees Posted October 6, 2006 Author Share Posted October 6, 2006 think that ones closed down was it cash converters? Link to comment Share on other sites More sharing options...
cgksheff Posted October 6, 2006 Share Posted October 6, 2006 "Buy-back" ... you mean like a pawnbroker? As far as I know, "lay away" means that an item is taken off the shelf based on my deposit plus weekly/monthly payments and that I take it away upon reaching full payment. No? Link to comment Share on other sites More sharing options...
muckynees Posted October 6, 2006 Author Share Posted October 6, 2006 yeah thats what i want, i aint got nowt to pawn Link to comment Share on other sites More sharing options...
cgksheff Posted October 6, 2006 Share Posted October 6, 2006 CEX, as you know, will be selling 2nd hand goods at higher than average prices. It would not hurt to ask on here if anyone has goods to sell (say what you are looking for) on a lay away basis. For those that may not be familiar with lay-away: I am planning for Christmas presents. I don't have enough to pay for them now. I will have saved enough by then. I understand that they may have gone from the shelves by Christmas. To avoid disappointment I ask the seller to "lay-away". They keep the item, in my name, in storage. I pay a non-refundable (usually around 20%) depsoit and agree a pay-off rate. I go and make regular payments and when I have reached the agreed amount, the item is handed over. If I fail to reach the agreed amount by an agreed date, the store will keep the item and my initial deposit. They will refund my other payments. This used to be very common, before the advent of credit cards. It is still practised, but often involves goods being priced higher than would be for a cash sale. I am not sure if the Financial Services Act caused problems with this practice? ........... I've just checked .... legally speaking, a business offering layaway has to be licensed under the Credit Consumer Act. That is probably why your average local electrical store no longer offers this facility. Link to comment Share on other sites More sharing options...
Lightninboy Posted October 7, 2006 Share Posted October 7, 2006 Cash Generator (markets) and probably Cash Maker (next to Reflex records on Union St) both do lay away, savings club whatever you want to call it. All depends what you want to buy and whether they'll have it in stock! Link to comment Share on other sites More sharing options...
never wrong Posted October 7, 2006 Share Posted October 7, 2006 Cash Generator (markets) and probably Cash Maker (next to Reflex records on Union St) both do lay away, savings club whatever you want to call it. All depends what you want to buy and whether they'll have it in stock! just a thought are they licenced to do this answers on a postcard to????? Link to comment Share on other sites More sharing options...
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