Very easy get into thousands, the deal I'm on, after next Jan will be €10 a month less than full price, ie. €120 a year difference.Not sure how you get "is in the thousands of euros" but then I don't know your age, so potentially you could be correct
I think you have a very good chance of getting your contract agreed but it will be a fight - do you have a copy of the call?
Just email them with a summary of what happened and their recent offer.
Point out that you have a valid contract in place and you are not accepting their offer and you will not be paying any increases ever in the future. Tell them that you value this contract at €10,000 and will, reluctantly, accept this price if they want to buy you out of the contract.
I very much doubt that they will attempt to renege on it.
This salesman must have offered this deal to others as well.
Very embarrassing and potentially embarrassing for the company, but you should hold them to it.
Brendan
I'm looking for them to honor their side of the contract, as I have mine, but assuming that they refuse to, where do I bring it?
converting each year's difference to net present value
HI Mugs
You can assume that the discount rate is the same as the rate of the price increase, so just multiplying today's saving by the number of months gives you a best estimate of the answer.
Of course, you could assume that VM will increase the price by 20% a year and general inflation will be 1% a year, and you would get a different answer.
Brendan
Is there really a contract that is enforceable as I don't see there is, there is no written contract.
If a mistake was made by an excited employee then it is hard to expect any company to honour it.
See how you get on but take their best and final offer when made.
Brendan, it is NOT a discount rate, it is a fixed price. So annual increases and inflation over the forthcoming years will make the potential savings quite an attractive amount.HI Mugs
You can assume that the discount rate is the same as the rate of the price increase, so just multiplying today's saving by the number of months gives you a best estimate of the answer.
Brendan
Brendan, it is NOT a discount rate, it is a fixed price. So annual increases and inflation over the forthcoming years will make the potential savings quite an attractive amount.
Brendan, it is NOT a discount rate, it is a fixed price.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?