choosing quote when purchasing, how does it work?

So my understanding is that when you choose "Quote" instead of "Order" it forms a 30 day contract with IBM that they will sell it to me for that price if i agree?

I just have some questions..
After 30 days the contract expires and if I do not convert the quote, it disappears without any fee?
How about if the price drops within the 30 days, can i ask the rep to lower the cost?
what's the catch?
or do I have the whole thing wrong?

Can someone help me with just general idea how it works..thanks!

 

If the price drops within 30 days you can just make a new order.

There's no fee, either.

No catch. I would venture it's designed for businesses to afford them some security between spec'ing out their systems and purchasing it. It's merely a free, no-obligation quote with a right to purchase at the given price within 30 days

 

haha, yea..so i quoted my x61 (im sure you guessed)
Thanks for all the help! +rep

Maybe I am unfamiliar with this..but why would IBM do that, it seems like they are losing money becaues customers can take advantage of the sale period even after it expires and also have the potential to buy cheaper product in near future, like right now when refresh news are on the net?

 

I would guess it's because of the security it offers.

If I'm Joe I.T. Tech, I want to be able to price out a number of laptops and then get them approved for purchase knowing that the price will still be good when we place the order.

Price guarantees happen often in business (such as construction) when there can be a substantial delay between when you start shopping around and when you actually make a purchase.

I would guess that consumers such as yourself probably don't make that much use of it. Although during the switch to the newer models and the uncertainty that comes with it the price guarantee comes in handy.