What price to start at, what to act like, stuff like that
2007-07-25 11:45:35 · 5 answers · asked by kingofcheese4 2 in Business & Finance ➔ Personal Finance
here are some tips from dave ramsey...
1. Always tell the truth. Do not lie.
2. Use the power of cash. People react differently when they see cash. You can get deals when you use cash.
3. Understand and use "walk away power". Be prepared and willing to walk away (and not buy) if you can't get a deal.
4. Shut up. We all talk to much. Getting nervous can cause this. Ask a question an then be quiet. Silence can be a powerful negotiating skill.
5. That is not good enough. If you think a price isn't good enough, say so.
6. Good guy- bad guy. Your wife or husband (who's not with you) should always seem mean to the other side. "My wife would kill me if I took that price."... You should always use this.... and be aware that it is used against you by retailers. They call it "position selling". Ever have a salesman say "let me check with my manager"? That is what they are using on you.
7. "If I".... give, but take. When you reach a point where you must give up something, you need to be sure you take something while doing that. For example you could say "If I give you $500 for that, you have to throw in the delivery"... or something like that.
2007-07-25 11:50:18 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Knowledge is the starting place of all haggling. If you know what others are selling something for... that helps. If you understand the motivation of the seller (that's great). If you understand their time limits... that also helps.
Get information from all sources, including the seller. Then point out why your offer is better than their asking price. Or why you'll be forced to buy elsewhere.
Never lie. Never distort the truth. (a good rule for everything).
2007-07-25 14:27:16 · answer #2 · answered by Common Sense 7 · 0⤊ 0⤋
If it's an offer for a product that someone else is trying to sell, I start with what I want to pay, subtract the difference from what's the going price and double that. In other words.
Asking price - what you want to pay = difference
Asking price - 2xdifference = starting bid
Your price willing to pay is exactly between the asking price and your offer. Don't let them talk you higher than what you want to pay. It takes practice, but with time you'll get good.
2007-07-25 12:19:23 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You need to be willing to walk away from the deal if they do not meet the standards you set forth. IE...I was buying a car and I told them I did not want the payments to be more than $350/month for 4 years. When I went in to sign the financing they had the payments at $350 but over 4.5 years. So I said no...they said that was the only way they could get the payments where I needed them...I stood up and walked out of the dealership. When they realized I was serious they met me at my car and told me they could make it work. I got what I wanted by being willing to walk out on the deal (even though I had to have a new car within the week I knew I could get someone to meet my conditions).
2007-07-25 11:51:15 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Man I wish I could haggle...I can't answer your question cuz I am so bad at haggling! I always pay top price...
Good luck!
2007-07-25 11:49:23 · answer #5 · answered by dee2zo 3 · 0⤊ 0⤋