Quote:
Originally Posted by Jim65
How was he ripped off? He lost no money.
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He lost the difference between the market value, the cost to purchase another one, and the discounted cost one (the benefit of his bargain) that was the subject of his transaction.
Let's say you are in the market for a new car. The market value for the model you want is $40k. You negotiate a deal with a dealer for $35k. After the sale, the dealer then refunds your money and then sells it to another customer for $40k.
Now, if you want that same car, you are forced to pay $40k on the open market. You will have to pay $5k more. You have lost this amount. You have lost the benefit of the bargain you negotiated.
I think anyone would be unhappy with this result.