I am looking to get a engagment ring at helzberg diamond. How do I negotiate the price of the ring? I need details please.
Also how much can I bring it down about?
2006-12-11 09:35:40 · 8 answers · asked by kkwong5 2 in Family & Relationships ➔ Weddings
Look at the price tag, they will give you probably about 25% off that price, from there maybe another 15% at the most. For example a ring for $5999.00 for $4,499.25, then another 15% makes it $3,824.36. If the ring is certified, much less of a discount, maybe 10% to 15% from the tag price. If you open an account, unless you do interest free, the interest rate will be high, probably between 24.99% and 29.99% APR. If you find a ring you like, write down the 4 C's (if available) Cut, Clarity, Color, and Carat. Go and shop at other jewelery stores and come back, see who is willing to negotiate once you have a price.
2006-12-11 09:44:31 · answer #1 · answered by SO 2 · 0⤊ 0⤋
My four rules to negotiating jewlery are as follows:
1) Don't be too ready to buy. They need you more than you need them.
2) Go in, look, talk, get a card, then come back to the store on a different day, using the same sales person. That way you'll have a commissioned sales person who knows that you've been shopping around.
3) Don't sacrifice quality for price. A value isn't a value if the stone isn't a nice quality
4) Buy at the end of the month. Commissioned sales people are paid due to performance, and the last day or so, they'll be willing to cut deals.
I'd say on most rings you can get about 20 - 25% discount at chain stores. HOWEVER, you may want to use a non-chain jewler that is popular in your town. They usually have access to the best stones, and will work with you on band changes, etc.
2006-12-12 00:29:57 · answer #2 · answered by Rhonda E 1 · 0⤊ 0⤋
Pick out what you want, and do your homework. Check out the prices for that specific ring and how much the price varies depending on differences in the 4c's. Then you can go to helzberg and say, I can get this ring for X amount at (insert Jeweler name) store, but I would like the guaruntee (or whatever) that this ring comes with, so if you can give it to me for x amount, then I'll get it.
Most people work on commission, so knowing they have a sure-thing sell, they will usually accomidate you.
Hope that helps. Whatever you do, make sure you do your homework and shop around.
2006-12-11 10:05:05 · answer #3 · answered by *~Mom2aJellybean~* 2 · 1⤊ 0⤋
In Chicago there is a Jewelers' Row. It allows you to shop around in a small area. If you have one in your city or one that you have access too, you could bring a photo of the ring you want. We got a really good deal. My fiance and I agreed on a budget ahead of time. He admitted that he would have spent more if we hadn't discussed it. I'm glad we discussed it because we went on a fabulous posh honeymoon in Italy instead. Memories are worth more. We purchased a good quality diamond and had the setting custom made. We got them to lower the price just by asking. It didn't hurt that we also had them make our wedding bands and engrave them. Now they touch up the rhodium plating and tighten prongs for free. We have only been married a year but they said they'd do it for life.
Best Wishes!
2006-12-11 09:55:52 · answer #4 · answered by chicagowoman 2 · 0⤊ 0⤋
I've never heard of negotiating for a cheaper price...diamond retail is a huge market and they know that if you don't buy it, someone else will. Why not try to find the same thing somewhere else, if money is the problem. You can always find the dream ring at another retailer and it will probably be cheaper. You could also try to use the holidays to your advantage...they might be willing to bring it down, but I wouldn't think it would be much; maybe 5-10 percent, tops...
Take a look at bluenile.com and see if you can find something there...the customer service is impeccable and the stones are to die for.
2006-12-11 09:43:27 · answer #5 · answered by VAWeddingSpecialist 6 · 0⤊ 2⤋
I'm not so sure you can negotiate at a retail jewelry store like Helzbergs. At least I've never heard of it happening.
2006-12-11 09:40:46 · answer #6 · answered by Usual 3 · 0⤊ 2⤋
20-25%...look for a similar ring & stone on a site like bluenile.com, its kind of like getting the kelly blue book value of a car. If you cant get a price in the same range for similar color, cut, clarity, & carat, then consider getting a ring elsewhere.
2006-12-11 10:08:32 · answer #7 · answered by Anonymous · 0⤊ 0⤋
If you want to negotiate, go to the pawn shop.
2006-12-11 10:17:04 · answer #8 · answered by Anonymous · 0⤊ 1⤋