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Old 15 February 2015, 07:36 AM   #31
breitlings
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Quote:
Originally Posted by vipergts View Post
totally my point. i layed away 6 out of 7 of my Rolex's. I called that being smart and using the dealers money for a while instead of my own.
layaway is defined as paying for an item in smaller payments and only receiving the item after it has been paid in full:

"a purchasing agreement by which a retailer agrees to hold merchandise secured by a deposit until the price is paid in full by the customer"

If you put down a fraction got your watch(es) and continued to pay that's credit and at its no interest your post is right. If you are just putting down little chunks of random money that doesn't accrue interest or work for you while you save up I don't think that's automatically beneficial, in my mind layaway is silly other than to lock in prices, right/position to buy, or in the case of wal-mart price changes if they go lower or on flash sale.
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Old 18 February 2015, 08:47 AM   #32
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