Blockbuster sucks. The are doing this because nobody rents movies any more. They are trying to promote this no late fee bs to attract more customers..

 

How is it not a late fee? If you bring it back 7 days late they charge you a fee = full retail price of the movie. Therefore, late fee. You just get a slightly longer grace period. Who pays full retail price for a movie even if they choose to buy it?

 

I prefer Netflix because it's cheaper if you watch alot of movies. Some of us don't have the time to go to a video rental. In my case, i'm too lazy

 

but.... you are forgetting that you have a 6 day grace period. That is a pretty good deal if you ask me.

Also, i jsut went there, this does not have anything to do with the movie pass, only reg. rentals.

 

I bet their regular "full retail" is WAY up there. Probably closer to $90.

But if you're careful and get the movies back in less than a week it could be a good program.

 

nah, full retail is what they sell it for (i would guess)...OR the "previously viewed" price (if that title is old enough to be offered). Besides, it's not like you can't return it.

Back in the day, videotapes were $90 because the studio did not want them to be in the "sell though" market; they were priced to rent. After the movie is out long enough and rentals fall, they would price them to sell. When DVD first came out, they were sell-through from release...the DVD of a title would be $20 while the VHS was $90.

personally, i think a 1-week grace period is excessive. I don't see "scam" anywhere unless you consider the restocking fee (which is a late fee) a scam.

 

Cockbuster sucks! it's way too bright in those stores. it's like going into a sun tan studio when you are looking at titles!

 

I bet the only reason why they came out with this scam in the first place is to lure their lost customers back...the same "lost" customers who now use Netflix...

 

FYI - Blockbuster online is $14.99/month which includes two in-store rentals. Netflix is $17.99 but supposedly has better stuff in stock.

The Blockbuster policy change is good for consumers. Why? Because they are giving up an estimated $300,000,000 in late fees with this new policy. Their financial report estimates that they will break even with increased business due to the lack of late fees but will lose money this year because they are going to spend $100m on advertising.

 

This is not a scam.

THe restocking fee is 1.25... thats a great deal

You get charged the full retail price if you keep the movie, around 19-23. But you can always return it and pay the 1.25.

Also... movie stores do pay around 100 dollars a movie to get the rental licenses. Back in the day, you used to get charged that for not bringing it back.