EX500R2001
Well-known member
Here's the story:
I wanted to buy a motorcycle part manufactured in Germany. The company has just one North America distributor located in California, but after doing a simple math it turned out that buying the part directly from Germany and got it shipped to Canada would be 54% cheaper than buying the same part from NA distributor.
So, I went to the manufacture's website and placed an order. Paid by credit card through PayPal. No problems here. In a few hours I got a refund along with an email saying that they can't sell me the part (even though I could place an order on their website!) because they have an exclusive North America distributor and I have to order the part from them. Everything seems good, right? WRONG!
My credit card was charged by PayPal in Euro using the credit card's exchange rate (selling Euro). When the manufacture refunded my payment, they did so in Euro. PayPal refunded my credit card in Euro as well, but credit card converted Euro to $$$ using their BUYING exchange rate! So, I lost $50 (paid $550, refunded $500)!!!
Has anyone had a similar experience? Who's responsible for this kind of situation? My guess is that if the manufacture allowed me to place an order, they must honor it no matter what! Is there any legal way to force the manufacture to sell the part and reimburse me for the lost? If not, is it possible to recover that money ($50)? Or (which seems to be the most probable case) I'm screwed?
I wanted to buy a motorcycle part manufactured in Germany. The company has just one North America distributor located in California, but after doing a simple math it turned out that buying the part directly from Germany and got it shipped to Canada would be 54% cheaper than buying the same part from NA distributor.
So, I went to the manufacture's website and placed an order. Paid by credit card through PayPal. No problems here. In a few hours I got a refund along with an email saying that they can't sell me the part (even though I could place an order on their website!) because they have an exclusive North America distributor and I have to order the part from them. Everything seems good, right? WRONG!
My credit card was charged by PayPal in Euro using the credit card's exchange rate (selling Euro). When the manufacture refunded my payment, they did so in Euro. PayPal refunded my credit card in Euro as well, but credit card converted Euro to $$$ using their BUYING exchange rate! So, I lost $50 (paid $550, refunded $500)!!!
Has anyone had a similar experience? Who's responsible for this kind of situation? My guess is that if the manufacture allowed me to place an order, they must honor it no matter what! Is there any legal way to force the manufacture to sell the part and reimburse me for the lost? If not, is it possible to recover that money ($50)? Or (which seems to be the most probable case) I'm screwed?