Oakland Furniture Finance

LULULU1
LULULU1 Posts: 462 Forumite
Part of the Furniture 100 Posts Combo Breaker
They seem to go from one sale to another.

The latest one finishes today.

Just wondered with the fizz of Boxing and New Year sales if anybody thought where they might go next in terms of finance.

They are currently doing 9.9% over 4 years or 0% for 3 years if you spent over £3000.

9.9% looks a bit step. Just wondered if any employees lurking who might have any thoughts.

Happy new Year.......
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Comments

  • FreeBear
    FreeBear Posts: 17,858 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    Worth having a read of - https://www.asa.org.uk/Rulings/Adjudications/2016/10/JB-Global-Ltd/SHP_ADJ_339625.aspx

    Despite Oakland's claim that their furniture is made from "solid wood", you will find much of it is actually made from small pieces glued together. It owes it's strength to the adhesives used during manufacture rather than solid lumps of timber.
    Her courage will change the world.

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    edited 1 January 2017 at 5:53PM
    FreeBear wrote: »
    Worth having a read of - https://www.asa.org.uk/Rulings/Adjudications/2016/10/JB-Global-Ltd/SHP_ADJ_339625.aspx

    Despite Oakland's claim that their furniture is made from "solid wood", you will find much of it is actually made from small pieces glued together. It owes it's strength to the adhesives used during manufacture rather than solid lumps of timber.


    Those of us in the timber trade have known for years about these types of companies claims.

    From the ASA's conclusion: "We understood that Oak Furniture Land used an “oak wrap” technique to construct their furniture legs, whereby the legs were formed by gluing numerous small segments of hardwood together, with a thin outer layer of hardwood wrapped around them.

    I doubt that some of those components are constructed entirely from Oak and thats why they say "constructed from hardwood" on their "Oak Legs".

    Its construction is poor grades of timber encased in a veneer..Its pretty clear how they make much of their products and the only reason they glue up small sections of timber is not down to stability in the case of table legs etc its down to the fact that the quality of the timber is so bad they have to veneer it to make it look any sense.

    To sum up ,in my opinion its cheaply made tat that may if your lucky last a few years............ If people accept that then no reason not to buy it.

    Thanks for the link Free Bear, very interesting read. :)

    "
  • 9.9% From a retailer isn't bad, many still charge 29%, you can of course always get yourself a 0% cc.
    As for sales the word has little or no meaning any more.
  • FreeBear
    FreeBear Posts: 17,858 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    I doubt that some of those components are constructed entirely from Oak and thats why they say "constructed from hardwood" on their "Oak Legs".

    For those that don't know, a hardwood is basically timber from a deciduous tree - This could be anything from oak, silver birch, poplar, willow, or even balsa.

    So if anyone claims their furniture is made from "hardwood", the first question must be "from what tree ?"
    Her courage will change the world.

    Treasure the moments that you have. Savour them for as long as you can for they will never come back again.
  • seatbeltnoob
    seatbeltnoob Posts: 1,353 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    sales sign = "lets make more sales today" sign.
  • forgotmyname
    forgotmyname Posts: 32,847 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 2 January 2017 at 5:44AM
    I remember the sales on TV as a kid, people sleeping ouside stores in the City in usually freezing cold conditions waiting to buy an armchair for £69 or was it £99 instead of £300.

    Then other stores opening their doors to a stampede. With half the shops having a weekly sale these days the true meaning of sale has long gone.

    Just look at Black Friday, which has turned into Black Friday, or weekend or week or evenb fortnight. Utterly ridiculous, I keep well away from them.
    Censorship Reigns Supreme in Troll City...

  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    edited 2 January 2017 at 10:27PM
    FreeBear wrote: »
    For those that don't know, a hardwood is basically timber from a deciduous tree - This could be anything from oak, silver birch, poplar, willow, or even balsa.

    So if anyone claims their furniture is made from "hardwood", the first question must be "from what tree ?"


    I've seen shops selling Tables constructed from "Solid Oak" but when you turn them upside down you find that the legs are constructed from 4 pieces of 4x1 Oak mitred at the 4 corners with a piece of Tulipwood/Poplar running through the middle of the leg.

    Its makes for a very stable leg but its not solid Oak. Now if they had put Oak as the core timber they can claim its solid Oak but should still admit its "engineered" solid Oak.

    A retired friend of mine buys old Oak tables at auctions and cleans them up and paints them to sell in his shop and a few times he has sanded through the Oak table tops thinking they were solid Oak only to find they are Oak veneered Ply.Even tables that date back to the 1930's may well have ply tops.
  • ratrace
    ratrace Posts: 1,019 Forumite
    Part of the Furniture 500 Posts Name Dropper
    I remember the sales on TV as a kid, people sleeping ouside stores in the City in usually freezing cold conditions waiting to buy an armchair for £69 or was it £99 instead of £300.

    Then other stores opening their doors to a stampede. With half the shops having a weekly sale these days the true meaning of sale has long gone.

    Just look at Black Friday, which has turned into Black Friday, or weekend or week or evenb fortnight. Utterly ridiculous, I keep well away from them.

    True, also selling people crap they dont need
    this is how people end up in a silly amount of debt, the goods are overpriced in the first place so there is no real sale if we want a bargain second hand is the way to go especially for cars
    People are caught up in an egotistic artificial rat race to display a false image to society. We want the biggest house, fanciest car, and we don't mind paying the sky high mortgage to put up that show. We sacrifice our biggest assets our health and time, We feel happy when we see people look up to us and see how successful we are”

    Rat Race
  • keith969
    keith969 Posts: 1,575 Forumite
    Part of the Furniture
    My brother used to work for them. When I asked him why he did not have any of their furniture, he had just two words: "It's rubbish".
    For every complex problem there is an answer that is clear, simple and wrong.
  • ic
    ic Posts: 3,387 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I'm looking for sofas at the moment. I always see the comments about the main high street stores being rubbish (DFS, ScS, Harveys, Furniture Village, Sofology, Oakland, etc). So where do people go? In searching I've found local firms selling the same furniture under different names - so they're all buying from the same suppliers.

    Are the likes of Next, M&S and John Lewis just as bad?
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