Ipad 2 for $69 – Too Good To Be True?

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You know when a deal is too good to be true that it is probably not a legitimate deal.

A few days ago Sears.com accidentally priced the 16GB iPad 2 for $69!  The regular advertised price is around $744.99.

To me red flags would pop up and I would not have bought the deal  – how about you – would you of risked $69 to snag an Ipad 2? Well this “amazing” deal went viral within a couple of minutes and was not caught by Sears.com for around 6 hours!!! 6 hours seems like a long time to me to not catch a huge error like that.

Many people who snagged this deal received a confirmation from Sears.com confirming their purchase and that their credit card  had been charged and their package would be shipped within the next few days. Soon after this email went out another email followed that their order has been canceled.

Personally I would not be super surprised if my purchase was canceled – but that does not mean that I think it was a smart idea on Sears.com part on not honoring the orders. Some credibility is loss when you make an error and do not follow through with a solution. But then again I would not of made that purchase in the first place.

But I have made purchases before with a coupon code and they have been canceled because the company felt that I was getting their products for too cheap and you can read about that through the link below

 

Budget Savvy Diva Opinion: Store Cancels Order After They Mispriced Item

I would love to know your stance on this topic – when do you think it is right for companies to cancel orders and when do you think they should honor orders?
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  • Gator Pam

    Because it is Sears, if I had known of the offer I would have tried. But I would have not been surprised to have my order cancelled and my credit card refunded.

    If it was offered by a less well known company online, perhaps even amazon, I probably would not have tried.

  • Ashley

    My sister in law tried to purchase it. She figured they were either going to send the product or they would refund her money. No loss to her.

  • Lyra

    I missed this “deal” but I would have tried if I’d known about it! It’s worth a shot. I’ve tried these mistakes a few times, and never once has the company honored it. I can understand if the company can’t honor all purchases, but maybe at least the first 100, 500, whatever.

  • Sandy

    They should have honored the $69 price. It was their error and since those who ordered did so in good faith, they should have shipped the product. I’ve always respected Kroger for their policy. If a sale tag is not taken down or rings up incorrectly, they give you the item for free. There mistake and they stand buy it.

  • BethAnn Fuller

    I actually had this happen where a deal site posted a dishwasher for a BEAUTIFUL price…and the home improvement store had a “glitch” in their system when it came time for me to pay. I fought and fought for it…and got it…but not sure if time is money, then I think I came out just even, if not behind, with all the time and energy…and now the door elastic bandy thingy broke not even 4 days after it took my husband and fatherinlaw almost 5 hours to install it…so, yeah, I hear what you’re saying. Not sure if it was worth it or not….But I do think if I saw that ad, I might have jumped on sears.com and made them honor their ad, too. I’m just like that.

  • Kirby

    I think they should honor them. Just like when gas stations make an error in posting price they have to honor it. It should be a requirement for companies to honor orders even if the price is an error. Isn’t it false advertising? It is in my mind.

  • Hillary

    I definitely think that Sears should have honored the prices on the orders that had already been made. Any orders made after they corrected the price, however, should not get the fantastic deal. They should have taken responsibility for their mistake and accepted the consequences. Totally not fair to those people who snagged the deal!

  • Megan

    Does this not fall under false advertisement??? This could be in a law suit for that if they did not honor the deal ?