How Bunnings Rips You Off

Hi all,
Just bought a 'quality' countersink set from Bunnings a few weeks ago for $16 regular price, after using it 3 times one of the drills broke so i took it back today and replaced it with the same set only to realize that they increased they price by $5.

I find it disgusting how big coorps just bump up the price by 25%+ for no reason, no wonder that everybody buys shit out of china…

https://www.bunnings.com.au/p-n-4-piece-quickbit-pilot-drill…

Anyhow, be careful what you buy at the 'lowest prices'.

Cheers

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Comments

  • +1

    did you pay $25?

    • +3

      Considering the amount of pointless whinging, apparently he did.

      • +2

        Haha it was a warranty replacement tho. Seems he wasn't clued up

      • Such a boring rant from op… used one example with little insight. They bump up price for profit. There is s reason just probably not one you like or researched to find out the real reason.

  • +3

    Price was likely lower when you bought it to price match a competitor and then raised back to normal pricing after they had it on sale.

  • +9

    if you want "quality"… then u should pay for the quality items…

  • +14

    I find it disgusting how big coorps just bump up the price by 25%+ for no reason

    Nothing disgusting about it - market sets the prices. If customers are not willing to pay $21, they will realise quickly and set prices back to $16 (or even lower). If customers pay $21, why should they not charge $21?

    Their product, they can charge however much they want, you choose whether you want to buy or not. This is not like healthcare or education where there is a moral argument for prices being capped. I don't understand how Bunnings is ripping you off.

    • Couldn't agree with you more. Some people act like these "big corps" are pointing a gun at the customers and forcing them to buy their products. smh…. Don't like the prices shop else where.

      • +4

        Yeah, just go to Maste… oh.

    • Must….crush….capitalism

    • +1

      Price set by supply and demand is work in a perfect market which is not exist in this world.
      There always some other factor affected the pricing.
      Oligopoly in our hardware situation is drifting the price higher which mean some sort of rip off from Bunnings.

  • +5

    According to pricehipster.com your figures are a little inaccurate. Price was $16.90, now up to $20.89, so $4 difference. https://pricehipster.com/product/jpjogLtg608Lkiv_sAcXLA~HJ1K…
    You can see by this that the price for this product has fluctuated over the last few years, on the 21st April 2016 the price was $20.97, so pretty much the same as the price now.

    • +1

      bunnings prices vary by store.

  • +2

    Welcome to Ozbargain! What a great thing to post for the first time.

  • +4

    Yeah op is right. They should just give everything for free. Damned corporations. They don't do anything anyways.

  • +1

    Op is a rip off for making such misleading and entitled post.

  • +12

    Wait… please don’t tell me OP paid the difference for something that should get replaced under warranty.

    If so, OP ripped himself off.

    • Yep I'm pretty sure he did hahaha

  • First world problems…

    you bought at the lower price, and got it swapped no issues.

    Do you complain when apples are $3/kg one week and then $5/kg the next. 5KG adds up to $7.50 that's a bloody outrage!

  • +1

    Bunnings is owned by Westfarmers which in turn is partially owned by pretty much every super fund, who in turn are owned by everyone in Australia with a job. Effectively every time Bunnings rips you off, every working Australian benefits - so thanks !

  • I hate it every time when someone treats a cheaper/discount price as normal price and when the cheaper/discount price goes back up to normal it instantly becomes a ripoff!

    This happened to me last week when a customer complained that we had put up the price by 20% instead of appreciating the 20% discount we granted him over the last 2 years. Not even a thank you but a nasty email claiming that he could find cheaper and better else where!

    • +4

      I guess your customer couldn't do maths either. If you decreased a price by 20% then when you put it back to normal it would have increased by 25%.

  • Don't have this problem with expensive brands that bunnings stocks.

    • P&N is an Australian brand. part of the Sutton Group

  • no wonder that everybody buys shit out of china…

    Hmm? So next time I need a toilet, I'll pay more for shipping and have no consumer protection.
    Or just buy the Chinese-made toilet from Bunnings like I did last year.
    It still goes well.

    • Came with a supply of fibre?

      • Not unless you count the box that held it.

    • Ha ha. it will be fun if you take the toilet to Bunnings for an exchange or refund………

  • Thanks.

  • +1

    OP obviously should have whinged and got a warranty replacement if it meant that much to them.

    But that said ever since Masters went out of business Bunnings has been slowly removing quality brands and increasing the prices of their discount ones.

  • -1

    I ripped off bunnings by returning a 4 year old charger that stopped working and got it replaced. I didn't feel guilty as it probably just had a blown fuse but had specialty screws that made it difficult to open. It had the manufacture date on the bottom of it and I was really hopping they wouldn't know this - they didn't.

  • If you had it replaced how could they ask for the price difference?

  • +1

    Hmm.. I can't see where they mention 'quality' in the product description…

  • +2

    Wow, I knew Bunnings being a monopoly was always going to be bad, but really didn't think it would end up being this bad. Bought a 10m gutter guard in 2015 for $9.97 (when Masters was still around) and bought the same thing in 2018, now the same thing is selling at Bunnings for $17.58. An increase of 76.33% in price. What a rort! See attached invoices (https://ibb.co/cBurS7) !

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