They take your money with the click of a button. Getting it back is not so easy. Makes you wonder.
The older I get the more I think a good warranty don't mean shit. They're mostly lip service it seems.
They take your money with the click of a button. Getting it back is not so easy. Makes you wonder.
Well, I have a money market savings account. It currently pays 1.47% annually. That works out to $1.21 in interest for 10 days on $3,000. I don't think interest has anything to do with poor customer service.Also makes you wonder how much interest they are earning on your money in those 7-10 days it takes when they finally do refund it.
High impact sent a bol, making it good.
Well, I have a money market savings account. It currently pays 1.47% annually. That works out to $1.21 in interest for 10 days on $3,000. I don't think interest has anything to do with poor customer service.
Well, that’s good. Where are you going to go from here?m
That AX-15 is starting to look pretty good.
Another nsg, just need it driving and lockers wired up? Maybe the 727 in a few years. The 727 is all mechanical and no computer or solenoids.
They're mostly lip service it seems.
Advanced Adapters told me they don’t know of any reputable rebuilders. It’s one reason why I swapped in a 42rle. Obviously there’s a lot of support for the AX-15.I'm thinking input shaft bearing and the shift fork assembly is either bent or the pads are gone. No shop around me wants to touch this transmission, which is a red flag for me.
Multiply by 1,000,000, and it still doesn't matter. You really think that $1.21 is enough to care about when dealing with a warranty claim that likely cost them hundreds of dollars in shipping and burdened labor costs to handle the return? You're talking about a financial return well, well below 1%. It simply doesn't make financial sense to hold refund money for the interest.Multiplied by how many people. And it's all goes to their bottom line.
Multiply by 1,000,000, and it still doesn't matter. You really think that $1.21 is enough to care about when dealing with a warranty claim that likely cost them hundreds of dollars in shipping and burdened labor costs to handle the return? You're talking about a financial return well, well below 1%. It simply doesn't make financial sense to hold refund money for the interest.
Apples and oranges. Your case makes sense, and it's actually pretty easy to estimate. This IRS web page contains the data you need:What about 334 million? This is why I tell my friends they don't want a tax refund. Uncle Sam don't need no interest-free loan from you. They sure don't extend the offer in the other direction.
Okay okay, I'm getting a little off topic here. Haha.
Multiply by 1,000,000, and it still doesn't matter. You really think that $1.21 is enough to care about when dealing with a warranty claim that likely cost them hundreds of dollars in shipping and burdened labor costs to handle the return? You're talking about a financial return well, well below 1%. It simply doesn't make financial sense to hold refund money for the interest.
No, there is no bigger point. You're comparing managing your personal finances with managing those of a business. Having run businesses, I'm telling you there's no return on holding refund money for a week or two.You're missing the bigger point. I am not just referring to High Gear. A lot of corporations do it, yes, just like the government. All at the consumers expense.
And, if you sent me a check every day for $1, I'd cash them.
(Maybe I'm a tightwad)
No, you're not. However, my real-world experience with the 6 speed is very limited. Although I've owned my LJ for 3-1/2 years, I've driven it less than 10,000 miles, and it only has about 55k on it right now. I may come to hate it - time will tell.Am I still the only idiot that thinks this is a great transmission???
Apples and oranges. Your case makes sense, and it's actually pretty easy to estimate. This IRS web page contains the data you need:
https://www.irs.gov/newsroom/filing-season-statistics-for-week-ending-dec-27-2024
Looking there, the total amount refunded was $329,073,000,000. Since that money was collected across a 12 month period, the average holding time is 6 months. So, using my money market interest rate of 1.47% as an estimate, the (simple) interest collected on that money is:
$329,073,000,000 x .0147 x .5 = $2.4 billion (rounding to the nearest 100 million)
However, this analysis results in a completely different financial picture than the one first presented.
{Edited for grammar}
No, you're not. However, my real-world experience with the 6 speed is very limited. Although I've owned my LJ for 3-1/2 years, I've driven it less than 10,000 miles, and it only has about 55k on it right now. I may come to hate it - time will tell.
I have purchased, or made, all the Mopar special tools needed to rebuild it, along with a new spare OEM shift fork assembly and the brass guide plate for when I eventually have to rebuild it. I also have the B&M tower. In other words, I've done all I can do to prepare for long-term ownership of this transmission.
I've found that, as transmissions have become more complicated (especially automatics), and the manual is becoming a dinosaur, it's hard to trust a transmission shop to rebuild them correctly. I think the shops' technical expertise hasn't risen at a sufficient rate to keep up with the direction of the transmission market. That's why I stick to manuals and do the work myself now.
Me, too, but I've never pulled it off. My taxes used to be very complex (meaning hard to predict), but in simplifying my life as I approach retirement, I may actually be able to do that sometime in the future.I love breaking even tax time we'll see if it happens again this year
