Mattress Trade-in Scheme

Conditions of Mattress Trade-in scheme applies as follows:

  1. Only applicable to the 4 Pocket Spring Range and they are:

  • Elegance - Firm, Medium and Soft

  • Indulgence - Firm, Medium and Soft

  • Latex Comfort- Firm, Medium and Soft

  • Posture Perfect _ Firm, Medium and Soft

  1. How is it applied?

  1. It is applied on 50% diminishing value method over 5 years. At the end of 5 years it will be completely written off.

  1. Trade can only be made after 3 years of use and not before from the date of purchase.

  1. Assume a customer purchases a mattress for $2,000:

Year 1 $2000 * 50% = $1000 = Depreciated Value $1000

Year 2 $1000 * 50% = $500 = DV $500

Year 3 $500 * 50% = $250 = DV $250

Year 4 $250 * 50% = $125 = DV $125

Year 5 $125 Complete Write off $0

  1. So at the end of year 3 this customer will receive $250 trade in for another mattress

  1. The mattress must be protected with a mattress protector and in clean condition. Soiled or stained mattress will not be traded in.

  1. Pickup and delivery costs will apply and the mattress must be packed in a proper plastic bag for inspection.

  1. Must pay full price and a refund of appropriate amount will be refunded after inspection.

  1.  Trade-in only applies to Royal Sleep pocket spring mattress range as above.