Five Things You Can Negotiate To Save Money
There are times when negotiating seems like a no-brainer, such as when you are shopping for a house or car. But, did you know you can deal on many other products and services, as well? Here are five things to negotiate to try and save money.
- Cable, phone and Internet service. Let your provider know you are considering switching and ask your provider for a better rate. Sometimes, by simply calling and talking about different options they offer, you may uncover new promotions or packages and get a better plan.
- Furniture and large appliances. Purchasing a floor model or multiple pieces is a good opportunity to ask for a discount. If you find blemishes or flaws, you may be able to secure a better price, as well. If they won’t come down on the price, consider asking for free delivery.
- Home Service Professionals. When hiring a plumber, electrician or contractor, start by getting multiple bids to get the best price. If there is a contractor you would prefer to work with over the others, share the lowest bid with them and ask if they can come close to that price.
- Rent. Negotiating rent is helpful when you are close to renewal. If you have been a good tenant who has paid on time, a landlord may prefer to lease to
you at a cheaper rate rather than find a new tenant.
- Gym memberships. Ask about promotional rates or if annual fees or registration costs can be waived when beginning or renewing memberships. You can also ask for a few free personal training sessions to sweeten the deal.
If you plan to negotiate on anything you are buying, be polite and positive. People will be more willing to deal when they are treated nicely. Do your homework. Research how much other companies are charging for the same product or service before you start negotiating. Ask to speak to a manager if the person you are talking to cannot help. They may not have the authority to grant your request, so be persistent. It may feel intimidating initially when you start to negotiate, but remember, you have nothing to lose by asking for a better deal. So just ask!