Paying too much but don’t know how to get a better price? Haggling might help. Negotiating prices via haggling can save savvy shoppers money, especially on big-ticket items like homes, vehicles or expensive services. Although it can be intimidating, haggling is common. When done respectfully, it can create a healthy marketplace. Here are a few tips to help:
Tips for New Hagglers
- Research First: Find what a fair market price is and use BBB’s Get-a-Quote tool (bbb.org/get-a-quote) to get multiple quotes, empowering you to negotiate reasonably and knowledgeably.
- It’s a Conversation: Think of haggling as a conversation communicating your needs and expectations to get the best value for your money.
- Be Willing to Walk Away: If the seller doesn’t meet your expectations, be prepared to go elsewhere. Showing you aren’t desperate increases leverage.
- Be Respectful: Always maintain a polite attitude, striving for a satisfying middle ground for both parties. When done right, haggling can be enjoyable, help you identify the right company to purchase from and save you thousands of dollars on your next big purchase.
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