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Originally Posted by GoFlamesGo
I plan on stocking up on the Studio City Detailing deal too and buying enough to last the entire summer. I just haven't decided how many I want to buy yet, but it'll likely be 3-5. One year expiry isn't bad although a good chunk of the deals don't have expiry dates.
From my understanding, what makes these vouchers legal is even when expire, they are still worth whatever you paid for them. For example, today's DealTicker City Studio deal costs $29 for a Detailing Package valued at $90. If you use the voucher within a year, you'll get the detailing package worth $90. If you use the voucher past the expiry date, the voucher is still worth the original $29 that you paid and can be put towards any service at Studio City. I believe this applies to all vouchers purchased at all the group-buyng sites.
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I emailed DealTicker about this, and got a reply (CC'd to their legal dep't
) saying that because it has no cash value those regulations don't apply. Which seems like a BS answer to me, since the regulation says "monetary value" and it certainly has monetary value, since you're paying for it. They're vouchers (specifically included in the Act) not coupons.
It didn't sound like they'd honour it for the $29 after expiry. I'd be interested in hearing what CP's legal braintrust has to say on this one, since it seems like they're basically flouting the law to me, although I'm certainly not a lawyer. They're probably counting on nobody filing suit over $29, but it might be worth a complaint to gov't of Alberta/Service Alberta if one of yours expires.