Best Buy Employee Discount?

What is the employee discount for Best Buy and its relationship to the new/old consoles? He says he can get the X1 for $100 and some change off (so around 375$ ish total) because the discount is what Best Buy pays for it plus 5%. Is this true? I find it really hard to believe  Best Buy is only paying 350 or so for the console. Does anyone have any experience with this? 

What is the employee discount for Best Buy and its relationship to the new/old consoles? He says he can get the X1 for $100 and some change off (so around 375$ ish total) because the discount is what Best Buy pays for it plus 5%. Is this true? I find it really hard to believe  Best Buy is only paying 350 or so for the console. Does anyone have any experience with this? 

Gama_Forever

0-5 dollars. There is no markup on console - store doesnt make any money on them. All the money is in acessories. Games is like 5 bucks too.

0-5 dollars. There is no markup on console - store doesnt make any money on them. All the money is in acessories. Games is like 5 bucks too.

consoletroll

[QUOTE="consoletroll"]

0-5 dollars. There is no markup on console - store doesnt make any money on them. All the money is in acessories. Games is like 5 bucks too.

Pirate700

I worked there and we didn't get any discount on consoles. I think games were about $10 cheaper. Whoever told you that was lying.

there's no way you'd get anymore than $5 off the new consolemrmusicman247

Electronics store I used to work at (not Best Buy) would be cost +10% with a yearly cap on the amount you got off....

I don't remember any console that we were able to get anything off on.

Electronics store I used to work at (not Best Buy) would be cost +10% with a yearly cap on the amount you got off....

 

I don't remember any console that we were able to get anything off on.

Mafiree

I use to work at BestBuy, the old discount was like cost plus 5% I think, but the new one is the same ,but you cant get more than a 50% discount from the sale price.

For example:

I was able to get a $30 HDMI cable for like $4, but.............

After the no more than 50% off rule I can only get the HDMI cord for no less than $15.

Games I got like $5-$10 off, consoles you got nothing off, the best thing the discount is for now are cords and audio equipment.

I use to work at BestBuy, the old discount was like cost plus 5% I think, but the new one is the same ,but you cant get more than a 50% discount from the sale price.

For example:

I was able to get a $30 HDMI cable for like $4, but.............

After the no more than 50% off rule I can only get the HDMI cord for no less than $15.

Games I got like $5-$10 off, consoles you got nothing off, the best thing the discount is for now are cords and audio equipment.

Star67

I believe NO store is allowed to give Employees discounts on the PS4/XBone. I remember reading somewhere that employees had to pay the same price as everyone else....just can't remember where that was.

Sounds like BS. Standard discounts in retail is usually around 20%...no way Best Buy employee discout is cost+5%.

Pirate700