I bought a graphics card in July last year which went bad a month ago. Sent it to retailer and today (after a month of follow ups), I was given an option to choose from 2 different cards as a replacement as the same one wasn't available. I asked for a refund under ACL.
I have received the reply saying that they can issue a pro-rata refund assuming the life of the card as 3 years (same as warranty).
Is that even legal under ACL?
From what I understand, for services, it makes sense to do pro-rata refund. but for goods, I am entitled for full refund.
Here I found it for you
The business may take into account how much time has passed since you bought the product considering the following factors:
type of product
how a consumer is likely to use the product
the length of time for which it is reasonable for the product to be used
the amount of use it could reasonably be expected to tolerate before the failure becomes noticeable.
For a major problem with services you can cancel the contract and obtain a refund or seek compensation for the drop in value of your services provided compared to the price paid.
What is the problem with the 2 replacement cards?