Lowe’s has a huge selection of products and materials that are useful for your home improvement projects and projects. If you are lucky you can find exactly what you are looking for and if you are unlucky, you may have to try a few stores before you find the perfect tool.
Lowe’s will charge a restocking fee of up to 15% on certain items, but if you are returning a product purchased at a Lowe’s, you won’t need to worry about the restocking fee because Lowes will never charge you this fee!
Lowe’s Restocking Fee In 2022
Lowe’s will begin charging a 20% restocking fee on items it sells from 2020 on. Specifically, the fee will impact all of the same items that caused the previous lawsuit, including custom-ordered items, faulty items, and tools.
You’ll find a breakdown of all the different fees you might be charged for items returned to the store, a description of how you pay for the fee, and details of whether or not you will be charged for defective items.
Why Does Lowe’s Charge Restocking Fees?
Lowe’s charges a 20% restocking fee to compensate for the extra expenses of procurement and delivery of products that are ordered specially.
The reason why they cannot simply be repurchased is because a huge number of custom items are created by external vendors.
The manufacturer usually returns the product to the company that originally sold it to you, and also requires that you pay a handling fee.
Lowe’s will charge a restocking fee for items sold to customers who return or cancel their special orders.
How Do You Pay The Lowe’s Restocking Fee?
After Lowe’s received your returned item and issued a credit to your Lowe’s card, the $10 restocking fee is deducted from the refund value.
When you initially paid for your game, you provided payment information which was used for that payment. This payment information was then used to refund the game’s price.
A. I also want to mention that you must return the special-order item to the Lowe’s you originally bought it from.
Does Lowe’s Charge Restocking Fees For Defective Items?
If a client takes a defective special order and returns it in a timely manner, normally the client won’t pay for the restocking fee. The restock fee is only applicable for items which are defective upon arrival. The retailer is allowed to charge a restocking fee if the return is too late.
In most cases, Lowe’s return policy for special order items is 30 days. If the item is not returned for 30 days, you may cancel the order and return the item only.
With this, some suppliers want the product to be assessed, repaired and returned before they can refund the customer.
If the store that sold the product didn’t make the product, customers should contact a customer service desk of that store and ask for help returning a defective product or for information concerning a product recall.
Which Items At Lowe’s Incur A Restocking Fee?
Custom-size and custom-quantity lumber, building materials, flooring, and appliances, usually do not incur a 20% restocking fee.
The item can also be returned to the location that you originally bought it from.
If the return policy of the vendor does not apply to your item, then you are not required to issue a refund to the vendor. Instead, you are required to return the item to the location you bought it from.
Which Items At Lowe’s Do Not Incur A Restocking Fee?
All Lowe’s products, excluding special-order items, are exempt from the return guarantee when returned or canceled.
For more information, call 800-430-0606.
However, if you have to request a refund, I recommend that you contact customer service and explain your situation.
Note that we cannot refund shipping charges.
If your custom order is on a restocking fee, Lowe’s won’t be able to tell how much the item is until it’s in store.
If you’d like to learn more about Lowe’s – the company and your questions – we have a separate series of posts for that.
Conclusion
There is a 20% restocking fee on all items marked as in-store because they are not custom products and thus Lowes can reshelve and sell them in stores.
In the past, Lowe’s usually had to return these items to the original supplier and pay a restocking fee. Then, the restocking fee charged to the customer covered this cost.
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