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Not to scare you on this, but there have been cases of dealers locking in prices, and then not delivering. In those cases, the money was paid up-front. I think the folks eventually got some of their money back, but only after the state Attny General stepped in, and it was spring by then. They had to scramble.
Also - if you get a 'deal' at $2.33, and prices rise to $4, don't expect the dealer to stay in business selling oil at a massive loss. Yes, you've got a contract, but see above.
I wouldn't necessarily go with the lowest offer - I'd find a big dealer with lots of resources and a good track record. And I'd minimize the amount of money I had to pay up front.
posted by 192.249....
Posts in this Thread:
- To lock in price of heating oil, or not to?, NickR, Wed, 31 Aug 2005 07:42:39
- Re: To lock in price of heating oil, or not to?, BobS, Wed, 31 Aug 2005 11:02:03
- Caution...agree, BristowBob, Wed, 31 Aug 2005 10:17:27
- you're lucky to have the option, isobel, Wed, 31 Aug 2005 09:40:46
- Yes, but carefully, Ari , Wed, 31 Aug 2005 08:59:22 <-- Viewing This Message
- Lock it now!, Noel, Wed, 31 Aug 2005 08:17:58
- I'd say you'd be nuts not to, BrianG, Wed, 31 Aug 2005 08:03:44
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