Bargaining can save you big bucks, and the first price does not have to be the final cost. Yet, many of us hate to haggle.
#1: Forget about tough talk.
Instead, always be polite.
#2: Do your research.
It will help you develop your negotiation strategy and boost your confidence. Also, research helps you set a base line for an offer.
#3: Ask for a discount.
Retailers drop prices frequently and call it a sale.
#4: Use cash.
Cash is king. It tells the seller you are serious and the deal can be done quickly.
#5: Be willing to walk away.
It does not mean you are done. “A little break could be 10 minutes, could be half an hour. Could be a day or an afternoon.” Leave on good terms and always leave your number. The seller might call back with a deal.
(KENS5)