Tristar sales people are pushy and unknowledgeable

Sales people at Tristar are very pushy and don't know what they are talking

about.

A salesperson named Ryan just demonstrated the vacuum cleaner product to us

(we live in Glendale, Arizona). He tried to tell me that if I paid $50.86

for 36 months I would only be paying $1,830.96. I am an accounting major at

ASU and I know he is wrong but he kept insisting he was right.

This is what Ryan said:

interest=21% year or 1.75% a month

n=36 months

1350 x .037675 = $50.86 which is the rents or payments

I tried to explain to him that he got the .037675 from PV of annuity due

table

or I should say 1/factor from the table

PV(present value)=rents x factor (n=36, i=1.75%) from PV of annuity due

table

1350 = 50.86 x 26.5428 (1/.037675)

However Ryan thought that all you have to do is take $50.86 x 36 = $1,830.96

to get the most I will have to pay. That is not true. You have to take the

future value of an annuity due (assuming my first payment is today).

FV (future value) = rents x factor (n=36, i=1.75%)

FV = $50.86 x 49.7647

FV = $2,531.03

Actually I used the factor from the future value of an ordinary annuity

table because I couldn't find a future value of an annuity due table so the

FV should be a little larger.

Ryan kept arguing with me that I was wrong. Sales people can't all be

accountants but at least they should know what they are talking about.

Thank you,

Deborah Forcine

Comment On This

This message is simply to state that it was not Ryan the salesman's fault that there was a misconseption because it is the people in the offices telling him what to tell you. I worked under tristar at a company called C-Tech Enterprises. I got there through my grandfather because he saw an add in the paper that read Distribution Center, $2,000 a month in Anderson Indiana. So I called up there because $500 a week is a lot of money when you're broke. When I called this lady asked me my name, where I lived, If I had transportation and if i graduated, then she went on to tell me how big of a company they were and made it sound real good to me. So then she asked me to come in that night at 6 p.m, I thought great!!! When i went in there there was about 25 people filling out applications then this guy named Joel about 21 years old called us in individually and supposivly "hired all of us" I heard him hiring everyone before me. when i got in there he didn't ask me but two questions and said that he was going to go ahead and hire me. I came in the next day and there was like ten people and we were all sketched out. But Joel came in all pumped up to tell us what we would be doing. He did his little speech about how money buys everything and how this was where we were gonna make it... $2000 a month was said quite frequently and he manipulated us all into thinking this was a good opportunity. What they do is bring people in with money to make you think you can be them too making all that money.. but really they just want you to make it for them. I stuck with it and when out to sell these sweepers and i sold 3 of them in two weeks, kept holding on to this "great opportunity until i was the last one standing, I went back with them into they're office and they were talking about how drunk they got over the weekend and told me to run phone calls, they gave me a sheet of paper that told me what to say to these people calling in about they're add in the newspaper that said distribution center $2000 a month. I also was told to tell them not to describe anything about the job and to just read what was on my paper. It was funny because they wanted me to tell these people the same crap I was told when i called in. Anyways my first paycheck there was one hundred and fifty dollars for two weeks, when they promised me 500 a week guaranteed and plus a bonus of $350 every time you sold one. I sold three and ran 20 appointments and got $150. Would that pay any of your bills? But this job is complete crap and they will lie to you until you can't stand it anymore, I just hope that someone will screw them like they screwed me. I didn't know that distribution center, $500 a week meant Selling vacuum cleaners for less than $200 a week!!! I speant more in Gas money doing these appointments than I made with these frauds! So stay away from tristar because they are a bunch of liars and they will manipulate you into giving them your money for a piece of garbage vacuum cleaner. I still made they're company $2,321.00 and got $150.00 of it!!! Total Garbage, and it makes me sick. Ryan was specifically trained to try and screw you into a deal because after all poor ryan needed that 100 dollar check for selling they're garbage.