I’ve been reading about them a lot and it’s kind of confusing. So between 0-6 months, are there any storage fees assessed?
And Amazon says that they charge the Long Term Storage Fee on Feb 15 and August 15. Does this mean that the LTSF rate of 11.25/cubic foot is a one time charge? In other words, they are not charging the LTSF every month?
Let’s say I have 80 cubic feet of things that have been sitting for over 6 months. Does this mean they wait until August 15 to charge me 11.25*80 = $900 one time charge? Or would they be charging me $900 for every month that it sits over 6 months?
You are charged regular storage fees on everything there, once a month. You are charged long term storage fees on the Feb and August dates only. They include the fee for every item that has been in the warehouse for the entire 6 months prior to (and on) that date. If it’s been there 5 months, 3 weeks… no charge until the next LTS date.
So if they get something on Feb 14 and it’s still there on Aug 15… you get charged for LTS. You are also charged regular storage fees the entire 6 months the stuff is there.
After the LTS fee has been assessed in August, the clock basically resets and regular monthly fees resume. When February 15 rolls around, anything that has been there for the entire past 6 months is charged the LTS fee.
ONE item per ASIN is exempt from the LTS fee. So if you have 100 of something, you pay through standard monthly on all 100, but LTS on 99.
Best thing to do is sell. If you have to recall it, there’s a decent chance you won’t be able to send it back for a few months, if ever. They started restricting what could be sent back last August, and they’re getting more aggressive with their limits.
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