My 'fixed price' gym membership is going up [LBC Legal Hour]

  Рет қаралды 4,647

Daniel Barnett, Barrister

Daniel Barnett, Barrister

Күн бұрын

Пікірлер: 16
@ismayb754
@ismayb754 2 күн бұрын
Can you please do a video about callers who called back later to say how they got on?
@billyhills9933
@billyhills9933 2 күн бұрын
What gym is stupid enough to offer a fixed price membership forever? Also, who was paying £56 a month for gym membership back in 2008?
@ismayb754
@ismayb754 2 күн бұрын
There are some exclusive gyms today that charge over £400 per month. £56 in 2008 is just an expensive gym membership but not unheard of. It's not what most people pay but it's certainly there.
@jeffsergeant
@jeffsergeant 2 күн бұрын
That's the point, they paid a larger amount for a 'fixed price', sharing the risk of future price rises with the gym. Weighed against the fact that most people wouldn't actually keep the membership for this long.
@NeboReve
@NeboReve 2 күн бұрын
David Lloyd
@petegrimwood8160
@petegrimwood8160 Күн бұрын
Also a lot of clubs when they first open have a founding members rate for the first ‘x’ amount of people that sign up. Often the incentive is that it is discounted or will never go up.
@tomsixsix
@tomsixsix Күн бұрын
Nice gyms around here are around £100 a month which includes access to the spa and things like that.
@Rapscallion2009
@Rapscallion2009 2 күн бұрын
It reminds me a little of the "Lifetime Guarantee" I once came across on a pen. It was the lifetime of the pen and not the purchaser and if the pen broke, the lifetime was over.
@coderider3022
@coderider3022 Күн бұрын
No way can any company follow through on this “life time” deal.
@bradreynolds4193
@bradreynolds4193 Күн бұрын
I have an online PT membership and client membership for financial advice... Both companies have honoured their annual fixed price for over 10 years now.
@RS20O0
@RS20O0 2 күн бұрын
She's done well to have stretched it out to 17 years. Any lifetime membership/subscription/upgrades programme I've ever joined has resulted in the company going out of business within 3-5 years..... soon followed by a re-launch and much higher prices!
@tracer1127
@tracer1127 Күн бұрын
And there lies the crunch, are you seriously going to spend hundreds or possibly thousands pursuing your claim. Very few things if any come with a guarantee of costs never rising.
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