Faulty GPU? Only offered £30 less than actually paid.

somethingcorporate

mattyprice4004 wrote: »

The deduction is a bit steep, but they are allowed to deduct for time used.

I'd say 10% would have been closer to the truth - 15% would assume the product would only last just over 2 years if the value was zero at the end of the term.

That assumes that the value depreciates in a linear fashion - it makes no stipulation in any legislation that this need be the case. Most things do not depreciate as such, most things are worth considerably less the minute they are no longer new.

copa_feela

somethingcorporate wrote: »

That assumes that the value depreciates in a linear fashion - it makes no stipulation in any legislation that this need be the case. Most things do not depreciate as such, most things are worth considerably less the minute they are no longer new.

I agree, a car being the classic example.