Summary: The company hopes to boost sales by letting consumers pay interest-free over three equal payments
Clearly Amazon is trying to move some of its new Kindle Fire tablets HDX during this holiday shopping season. Earlier this week, it offered a one-day sale on the 7-inch version, Temporarily dropping the price by $ 45. Now, the online retailing giant is trying a different tactic to sell the HDX, offering an installment plan to pay off the cost of a tablet.
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Griffin Survivor / OtterBox Defender for iPad Air, mini & Kindle Fire HDX
According to the terms of the plan, you pay the first 25 percent of the price as a deposit (starting at $ 57.25 for the 7-inch version, or $ 94.75 for the 8.9-inch model). You then pay three equal installments at 90 days, 180 days, and 270 days. Amazon says no interest or finance charges will be applied when you purchase with the installment plan. If you do not bother to finish paying it off, Amazon reserves the right to the Registry your Kindle Fire HDX or shut off your Amazon.com account, making it very kettle to make use of the tablet.
An old standby retail – and a staple of QVC and Home Shopping Network – such installment plans for a physical product Appear to be new to Amazon. (It has let you pay for its Prime membership monthly in the past.) It does, of course, have an Amazon.com credit card with financing offerings, though it does charge interest if the total is not paid in full by the end of the sacrifice.
Amazon appears to be pulling out all the stops to sell the HDX, All which compares favorably to the iPad Air in terms of screen resolution and price. Is this new installment plan enough to get you to buy one? Let us know in the Talkback section below.
[Via PC Magazine]
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