Geek Squad Buy Back Plan?

Does this sound like a good idea to you? I mean, it has potential but the current arrangement is pretty weak.

Put simply, it looks like when customers buy electronic devices at Best Buy, they'll have the option of purchasing the Buy Back plan at a yet-undisclosed price (we're going to guess that it's proportional to the retail price of the product). And if you want to turn in that product in the future, Best Buy will give you a store gift card, the value of which will be determined by how long it's been since you purchased the product.

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