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92 190 PS
12-11-2008, 07:54 AM
Not trying to start another rebate thread, but what is the deal here?:cool:

bigmac
12-11-2008, 08:24 AM
PM JohnE, or search the previous rebate threads, or (probably best of all), ask your dealer about it. All the relevant information is already contained in those posts, along with multiple, vigorous position statement by various members. At best, this thread could only provide a rehash....at worst, people will get banned again.

Maristar210
12-11-2008, 08:49 AM
I got the same SPAM e-mail yesterday.

This whole thing is very hard for me to swallow and that's all I'll say.

bbymgr
12-11-2008, 09:22 AM
I got it yesterday as well, but mine wasn't SPAM. Mine came in a MasterCraft news letter from MC, which I had signed up for.

PendO
12-11-2008, 09:58 AM
why not just do an 80K cash rewards ... boat is free if you fill out all the paperwork correct?

6ballsisall
12-11-2008, 10:29 AM
why not just do an 80K cash rewards ... boat is free if you fill out all the paperwork correct?

I like the way this fella thinks!

Perfect timing for the debut of that new ocean liner called the MC 300

Maristar210
12-11-2008, 11:00 AM
I got it yesterday as well, but mine wasn't SPAM. Mine came in a MasterCraft news letter from MC, which I had signed up for.

I never signed up for squat but I got it in the e-mail I have registered here. I have always asked to never receive and until now that has been the case. That's SPAM in my book. Now get get me a flat screen for my office. :D

bbymgr
12-11-2008, 12:43 PM
I never signed up for squat but I got it in the e-mail I have registered here. I have always asked to never receive and until now that has been the case. That's SPAM in my book. Now get get me a flat screen for my office. :D

Sorry Maristar ....I wasn't saying yours wasn't SPAM, just mine. Maybe they sent it to all TT Members due to the numerous posts of rebate encouragement. LOL :D:D:D

Jesus_Freak
12-11-2008, 12:47 PM
why not just do an 80K cash rewards ... boat is free if you fill out all the paperwork correct?

Yes, but then it would be impossible to fill out the paperwork correctly. :) No free lunch/boat.

TTAdmin
12-11-2008, 02:54 PM
TMC posted the response to Cash Rewards in another thread (http://mastercraft.com/teamtalk/showthread.php?t=25186&page=17).

Here is the copy:

Cash Rewards apparently remains a sensitive topic. I am not sure why - it is kind of like watching the presidential election this year. No matter what sort of logical case is made, the same old point of view keeps rising to the top. With the election it was media malpractice. Here I'm not sure what the problem is but no matter how we address it, at the end of the day some people are convinced we are scamming you (and that the earth is flat). And yes! when you say Cash Rewards is scamming you, you indict us as well because they are our partners.

However, we continue to move forward as though the burden of proof remains on us. Pay no attention to the fact that nearly all of our dealers participate in this and have nothing but good feedback for the program. We will still work to be transparent and ensure to you that we are an ethical company that ONLY works with companies of the highest integrity. To do this we asked Cash Rewards to respond personally to this thread. They were more than happy to do so and answered immediately. What you are going to read is the response from Cash Reward's president and CEO. It is unedited and straight from his keyboard to you.

But after this, put it to rest. If you have any legit, non-conspiracy theory questions, please contact your dealer OR Cash Rewards. They are all more than willing to address your concerns and walk you through the program. And maybe just admit, this program is not for you. One final note before I post David's response - if this program is so "bad" and "manipulative", why does Cash Rewards have Supra, Tige, Malibu, Correct Craft and many, MANY more calling them on a regular basis hounding them to get into this program? Just something to think about...

Response from Cash Rewards:

To all MasterCraft Dealers and Customers,

I would like to personally respond to the questions and responses posted on “Team Talk”.

First and foremost at first glance customers and Dealers alike will say it’s too good to be true. However, we can always simply state that our entire society is based on rebates and the process of “slippage and breakage”. Look in any retail store and you will see some form of rebate and they all are based on actuarial data that allows the manufacturer to budget for redemptions. Our program is no different with one big exception…..The MasterCraft Dealer doesn’t charge the consumer full “sticker” price for the boat and then promise them a rebate. We are not a rebate company….we are one of the only companies in the world that specializes in appreciation rewards. The consumer is not charged for the Cash Reward….MasterCraft and the Dealers redirect a portion of their marketing dollars to pay for this opportunity just like any other manufacturer in the world. We didn’t invent something new…we simply improved the process.

Rewards programs date back to the old S&H Green Stamp days when our mothers and grandmothers would drive across town to a grocery store that offered Green Stamps. They would save these stamps and wait months or even years to accumulate enough stamps to redeem their beloved Sunbeam Mixer or fur coat that they dreamed about. Many stamps would be lost or destroyed accidentally thus the term “slippage and breakage” was born. This was an appreciation gift given to the consumer as a way of saying “thank you” for buying their groceries at Piggly Wiggly instead of Kroger. The stamps were paid for by the merchant and the directions were in the stamp books for the recipients to follow. The consumer never went back to the grocery store and got mad at the grocer for giving them a gift if they lost the stamps….they simply continued to shop with them for many years to give them the same chance as everyone else to redeem. This was a long winded analogy but a simple one that will probably give everyone my age a little chance to smile.

Yes, just like all the other types of redemption programs, there have been many clients through the years that failed to redeem properly. However, there have been many more that have received many thousands of dollars that have forwarded pictures and testimonials to show their appreciation. The person that stated he had a casino to go to instead of risking a Cash Reward should be reminded that in Las Vegas you have to lay your hard earned cash on the table to play a game that the odds of winning are fixed by the gaming commission and you are receiving absolutely nothing in return. They don’t build multibillion dollar casinos by having large “redemption” rates.

Our rules are simple to follow, clearly defined online, and cost the consumer nothing. As an added bonus, the Cash Rewards program is administered impartially and independently by a third party. The Dealer has the “exclusive” right to show their appreciation to their customer by “giving” him or her a Cash Reward. The MasterCraft Team has enabled our dealers to offer this in lieu of spending their marketing dollars on more magazine, TV, and print mediums.

There will always be the naysayer’s and cynical personalities. For those few we can simply say the proof is “in the pudding” so to speak. Consumers are all looking for a reason to buy from someone now more than ever. We are simply offering what is a competitive edge and a win win for both the Dealer and the customer. Presented the correct way the Cash Reward program is competition crushing and allows the dealer a way to say thank you while putting up to $25,000 in the wallets of their buyers! We welcome any and all questions as most of you know and will do our very best to assist you in any way.

Best Regards,

David Maloy
President & CEO
Cash Rewards, Inc.
Toll Free: 877-574-3800
www.cashrewardsinc.com (http://www.cashrewardsinc.com/)

Maristar210
12-11-2008, 03:14 PM
In fairness to those of us who question its integrity it had died down and the next thing I know I/we get get an unsolicted e-mail promoting it. What might one expect when that happens?

6ballsisall
12-11-2008, 03:20 PM
So where is the Roulette wheel?? :confused:

How do I get my name off the email list?

KnoxX2
12-11-2008, 03:26 PM
You will never be able to get away from the LIST...........................JK

6ballsisall
12-11-2008, 03:27 PM
You will never be able to get away from the LIST...........................JK

I'm not on that list my friend. ;)

KnoxX2
12-11-2008, 03:27 PM
You are now........

Maristar210
12-11-2008, 03:30 PM
I think this guys response is a carefully worded bunch of jibberish. My dealer refuses to participate in this plan, and well for me, that says all I need to hear.
S & H green stamps never rejected a claim because a "cancelled check does not represent proof of payment". That was the response Casey got when his was rejected.

6ballsisall
12-11-2008, 03:31 PM
I think this guys response is a carefully worded bunch of jibberish. My dealer refuses to participate in this plan, and well for me, that says all I need to hear.
S & H green stamps never rejected a claim because a "cancelled check does not represent proof of payment". That was the response Casey got when his was rejected.

I may be showing my age here, but what the heck are "S & H Green Stamps"???:confused::confused:

6ballsisall
12-11-2008, 03:31 PM
You are now........

:mad::rolleyes:

What up Knoxxy!

KnoxX2
12-11-2008, 03:33 PM
I would think the dealer would be able to to show proof of payment in the manner the Cash Rewards wold want if they are particpating in it...................Right?

KnoxX2
12-11-2008, 03:34 PM
:mad::rolleyes:

What up Knoxxy!

Finaly got a day off and got on here to catch up.......

Looks like somethings never change:rolleyes::D

92 190 PS
12-11-2008, 03:35 PM
Didn't realize the $25k thing was the rebate deal. Like many of you I got the email yesterday and was just wondering what it was about..........Sorry we had to go down this path again. :o

Maristar210
12-11-2008, 03:36 PM
I may be showing my age here, but what the heck are "S & H Green Stamps"???:confused::confused:

There used to be department stores and when you would buy things they would give you a few stamps depending upon what you bought. I used to take these home and stick them in the books they gave you to keep track of them in. They also had a catalog that had stuff in it. I remeber a latern for example was 500 S & H green stamps. Old world way of rebates I guess but nothing like this. The two are night and day and no comparison can be made between the two IMO.

KnoxX2
12-11-2008, 03:37 PM
Thats ok at least we have something to talk about

6ballsisall
12-11-2008, 03:38 PM
Finaly got a day off and got on here to catch up.......

Looks like somethings never change:rolleyes::D

Tru Dat :rolleyes:

KnoxX2
12-11-2008, 03:38 PM
There used to be department stores and when you would buy things they would give you a few stamps depending upon what you bought. I used to takethese home and stick them in the books they gave you to keep track of them in. They also had a catalog that had stuff in it. I remeber a latern for example was 500 S & H green stamps. Old world way of rebates I guess but nothing like this. The two are night and day and no comparison can be made between the two IMO.

Damm you are old................:rolleyes:;)8p

wakeX2wake
12-11-2008, 03:51 PM
There used to be department stores and when you would buy things they would give you a few stamps depending upon what you bought. I used to take these home and stick them in the books they gave you to keep track of them in. They also had a catalog that had stuff in it. I remeber a latern for example was 500 S & H green stamps. Old world way of rebates I guess but nothing like this. The two are night and day and no comparison can be made between the two IMO.

so its kind of like the pepsi points thing crossed w/ mcdonalds monopoly?

6ballsisall
12-11-2008, 03:53 PM
There used to be department stores and when you would buy things they would give you a few stamps depending upon what you bought. I used to take these home and stick them in the books they gave you to keep track of them in. They also had a catalog that had stuff in it. I remeber a latern for example was 500 S & H green stamps. Old world way of rebates I guess but nothing like this. The two are night and day and no comparison can be made between the two IMO.

Is that before there was the Internet which Al invented? :confused:8p

KnoxX2
12-11-2008, 04:09 PM
I think that was before they had cars.

coz
12-11-2008, 04:18 PM
S&H Green Stamps http://en.wikipedia.org/wiki/S%26H_Green_Stamps
Green Shield Stamps were successful as a business, not because they encouraged people to buy goods in proportion to the sales value—they made money because so many receivers of Green Shield Stamps never cashed them in. Sticking the stamps in books was time consuming. This became known as Green Shield Stamp syndrome, which is now a deliberate and intentional problem common with rebates.

Blue Chip Stamps http://en.wikipedia.org/wiki/Blue_Chip_Stamps

JohnE
12-11-2008, 04:21 PM
As everyone probably knows, I do believe that the program will pay.

But if all these dealers offer the program, it would be nice to hear from a few who can substantiate the program by offering first hand knowledge of their customers who have been paid.

Oh, and "redirecting advertising dollars" is a nice way to say "the dealer pays for the program".

KnoxX2
12-11-2008, 04:23 PM
John do you remember the Green stamps!!!!?

TMCNo1
12-11-2008, 06:02 PM
John do you remember the Green stamps!!!!?

I remember them and I got my first pair of skis with Green Stamps back in 1960. Today, here with a big food chain called Lowes Foods, they offer Green Points, same principle, same company, but today you get free food items with your points or if you want, they have a catalog that allows you a discount on items including cars. I'll just stick to a free dozen eggs every so often to use up our points just in case they go belly up!

prostar205
12-11-2008, 07:18 PM
I got the email yesterday as well and it just so happens I was talking to my new dealer here in the Seattle area. They are on the fence regarding participation. They currently do not participate in the program and I can understand the reason from their side - one pissed off customer becuase they did not get their refund is bad for business. They are not going to be made at the rebate company - they're going to be pissed at the dealer and it really isn't their fault.

My big concern is not being mad at my dealer - it's whether the rebate company is going to be around too long if everyone start cashing in.

sand2snow22
12-12-2008, 12:49 AM
it's whether the rebate company is going to be around too long if everyone start cashing in.

I wonder how much litigation they're involved in?

brucemac
12-12-2008, 02:40 AM
visit your local slippage and breakage dealer nearest you today!!!

-out ;)

Skipper
12-12-2008, 10:12 AM
You guys are really working the TTAdmin guys hard, these days. :D

Unless I died and collected my own life insurance money then came back to life and got to keep the money, (did you follow all that?), I could never afford to buy a new boat. But it seems to me that if you were going to offer cash back at purchase.. then it would be straight forward...just buy the incredibly expensive boat, then get a handful of cash back. Or use the cash back toward your down payment. Kinda like the car companies do it. :confused:

I may die at any moment, but I sure won't get to spend the money. I doubt my wife will buy a boat, so, I'll never know. :cool:

Maristar210
12-12-2008, 10:37 AM
You guys are really working the TTAdmin guys hard, these days. :D

Unless I died and collected my own life insurance money then came back to life and got to keep the money, (did you follow all that?), I could never afford to buy a new boat. But it seems to me that if you were going to offer cash back at purchase.. then it would be straight forward...just buy the incredibly expensive boat, then get a handful of cash back. Or use the cash back toward your down payment. Kinda like the car companies do it. :confused:

I may die at any moment, but I sure won't get to spend the money. I doubt my wife will buy a boat, so, I'll never know. :cool:

It may seem so but each of us received an e-mail touting this very thing only two days ago. Thus the resurgence of the issue. Leave me alone about it and I won't tell you what I think about it is what I say. That is, of course if anyone, actually cared, what I say....:D

PendO
12-12-2008, 10:56 AM
Rebate?

Incentive?

Customer Appreciation Award?

Last time I checked a customer appreciation award was my insurance salesman giving me tickets to a ballgame ... a rebate is when I get something back after I have paid for an item in full ... an incentive motivates me to purchase something ....

If the customer does not pay for the customer appreciation award, why are dealers willing to adjust the price of the boat depending on if a customer wants the cash rewards included in their purchase?

"The consumer is not charged for the Cash Reward….MasterCraft and the Dealers redirect a portion of their marketing dollars to pay for this opportunity just like any other manufacturer in the world. We didn’t invent something new…we simply improved the process. " - really ??? (citation hyperlinked) (http://www.mastercraft.com/teamtalk/showpost.php?p=562640&postcount=10)

I'm not saying it doesn't work (because I know personally that it can work, but that statement doesn't make sense)

coz
12-12-2008, 11:15 AM
an incentive motivates me to purchase something ....



You said it right there PendO :D

25k is an incentive to the unsuspecting buyer :rolleyes:

PendO
12-12-2008, 11:21 AM
You said it right there PendO :D

25k is an incentive to the unsuspecting buyer :rolleyes:

I don't think they are unsuspecting buyers ... but I think the more transparency, the better - when it comes to describing the transaction ...

JohnE
12-12-2008, 11:21 AM
If the customer does not pay for the customer appreciation award, why are dealers willing to adjust the price of the boat depending on if a customer wants the cash rewards included in their purchase?

"The consumer is not charged for the Cash Reward….MasterCraft and the Dealers redirect a portion of their marketing dollars to pay for this opportunity just like any other manufacturer in the world. We didn’t invent something new…we simply improved the process. " - really ??? (citation hyperlinked) (http://www.mastercraft.com/teamtalk/showpost.php?p=562640&postcount=10)

I'm not saying it doesn't work (because I know personally that it can work, but that statement doesn't make sense)


That's a point I was trying to make too, Pendo.




Oh, and "redirecting advertising dollars" is a nice way to say "the dealer pays for the program".

Their above statement in red is misleading and possibly untrue. That is why this program gets such a bad rap. Dealers pay into the program per boat. More sales, more pay in. I doubt they appropriate their money to their advertising budget one sale at atime. I still believe it will pay. But the way they advertise the program is a hindrance to the program. If they simply stated "enough of a percentage of buyers will screw up the program allowin us to pay others" there would be fewer arguments IMO. I don't mean this to be offensive and don't want to start another path to a deleted thread.

Monte
12-12-2008, 11:27 AM
That's a point I was trying to make too, Pendo.




Their above statement in red is misleading and possibly untrue. That is why this program gets such a bad rap. Dealers pay into the program per boat. More sales, more pay in. I doubt they appropriate their money to their advertising budget one sale at atime. I still believe it will pay. But the way they advertise the program is a hindrance to the program. If they simply stated "enough of a percentage of buyers will screw up the program allowin us to pay others" there would be fewer arguments IMO. I don't mean this to be offensive and don't want to start another path to a deleted thread.

John.. Please refrain from using logic:mad: This is a cash rewards thread;)

PendO
12-12-2008, 11:28 AM
John ... you and I are on the same page ... if my wife was okay with it I might consider trading my 06 197 for a new 197 or 214 with a 25K "customer appreciation award" ... heck, I have had to talk my dad out of trading in his Xstar the last two boat shows ... and I have no doubt I will have the same conversation with him again this year as the 25K is very attractive ... but I have gotten pretty good at my delivery / anti-sales pitch to him ...

sand2snow22
12-12-2008, 11:35 AM
Add $3k to the boat for $25k Cash Rewards.

PendO
12-12-2008, 11:58 AM
Add $3k to the boat for $25k Cash Rewards.

I'm surprised it is only 3K.

Philosophically ... if you can afford the boat in the first place, then 3K is not a bad gamble ... but if you can only afford the boat if you get the 25K in 3 years ... you probably shouldn't buy that expensive of a boat ...

sand2snow22
12-12-2008, 01:23 PM
You can buy a lot of marketing/advertising for $3k, especially for one boat!

PendO
12-12-2008, 01:53 PM
You can buy a lot of marketing/advertising for $3k, especially for one boat!

true, but the 3K (or whatever it is depending on the size) ... if I understand correctly ... goes to the cash rewards pool ... the dealer never sees a dime of that 3K, and in fact, has to pay in just to participate ... instead it is held with all the other participants $$ ... and when the 3 years is up, the hope is that they at least break even (after expenses / wages) ... with the remainder going ot charity ... again, this is my understanding from my old MC dealer and some independent research ... the think with 25K +, it gets to that level IMO where it feels too good to be true or it gets to the level where people are really counting on that money for some bill or expenditure ... I'd do it on my next boat ... Erk has an orange 197 that he needs to make me a deal on:)

coz
12-12-2008, 02:21 PM
Cash Rewards info below:

On April 14, 2008 this company's accreditation in BBB was revoked BBB Definition:

revoked - The Membership Committtee of the Board of Directors determined that this company failed to meet Bureau membership standards. As a consequence, this company's membership in the Better Business Bureau of Metropolitan Dallas has been revoked.
by BBB's Board of Directors due to failure to participate in BBB arbitration BBB Definition:

arbitration despite pre-committing to do so.


Here's what the BBB has to say http://www.dallas.bbb.org/WWWRoot/Report.aspx?site=50&bbb=0875&firm=90015852#ratingdetails

A BBB rating of D-

sand2snow22
12-12-2008, 02:26 PM
"MasterCraft and the Dealers redirect a portion of their marketing dollars to pay for this opportunity just like any other manufacturer in the world."

A quote from Mr. Cash Rewards CEO.

I understand the logistics, just pointing out $3k per boat for marketing is a lot of money. For instance, my dealer is currently marketing $20k off boats at the dealership. I wonder what the results would be if dealers redirected their marketing dollars away from Cash Rewards. Meaning spend a lot of money on marketing/advertising campaign?

sand2snow22
12-12-2008, 02:29 PM
Coz, you saying Bernie Madoff has billions in Cash Rewards?

coz
12-12-2008, 02:32 PM
Coz, you saying Bernie Madoff has billions in Cash Rewards?

Looks like someone does besides the MC owners 8p

BIGBADBLUE
12-12-2008, 02:42 PM
24 days ago by David Maloy [send email]
I read all of these complaints and most stunn me with the blatant lies. We have a full team of custone care professionals and Resolve corporation does as well. The big misconception is that we controle the claim process. We have nothing to do with this and have always relied on an indipendent impartial third party administrator to ensure each client is treated the same. Bottom line...if you follow the easy steps correctly...you will get paid...if not ...you will not. For those of you who did not follow the steps necessary...quit your whinning! We pay out hundreds of claims every month and have the testimonials to prove it. A cash Reward is a free appreciation gift to you anyway. Please appreciate the opportunity you were given and move on if you were unable to complete the paper work necessary to claim your cash.

http://www.complaintsboard.com/complaints/cash-rewards-inc-c105310.html

You can not believe everything you read, but if you Google Cash Rewards, Inc., you get some very interesting results. I have no personal experience with Cash Rewards, Inc I just looked it up for fun.

Maristar210
12-12-2008, 02:44 PM
"42 complaints in 36 months with 32 of those resolved unsucessfully...."

hmmmmmm

cbryan70
12-12-2008, 02:50 PM
Hey steve...what do you really thing about the program?

cbryan70
12-12-2008, 02:51 PM
http://www.ripoffreport.com/searchresults.asp?q5=cash%20rewards&q1=ALL&q4=&q6=&q3=&q2=&q7=&searchtype=0&submit2=Search%21&Search=Search

just a few more

Maristar210
12-12-2008, 02:53 PM
Hey steve...what do you really thing about the program?

I think if it smells like a turd, it is a turd. I think if a dealer refuses to support it then there is a reason why. I feel if my cash reward were rejected and I was simply told to "quit whining about it" I'd be furious not only at cash rewards but also at anyone who "led me down the path" It's shady and yes I know you were kidding but I said it anyways. When TTadmin logs back in here in two weeks he won't see this post anyways....

flipper
12-12-2008, 02:56 PM
I think if it smells like a turd, it is a turd. I think if a dealer refuses to support it then there is a reason why. I feel if my cash reward were rejected and I was simply told to "quit whining about it" I'd be furious not only at cash rewards but also at anyone who "led me down the path" It's shady and yes I know you were kidding but I said it anyways. When TTadmin logs back in here in two weeks he won't see this post anyways....

well said....

helton333
12-12-2008, 03:01 PM
I decided NOT to buy just because of this - felt like a was getting ripped off if I didn't do the rebate, and just not comfortable with the way it was communicated to me by the salesperson who actually used the term "jump through a few hoops over the next few years".

I kept thinking of being out a my new boat on a sunny day, should be enjoying it, but thinking "wonder if I will end up getting burned on this boat?"

That's the thought process most people have - Am I wrong? It is not like we are in the age of utmost business integrity. Am I wrong?