Formula You Can Use to Bargain

There is some kind of formula you can use to bargain with:

Such a formula usually sounds like this: “you should offer 30% of the asking price and settle for 50%.”

Bargaining Dos

• Do research the value of the item you are buying.
• Do take your time.
• Do get the seller to make several offers before you counter.
• Do deal with people you are comfortable with.
• Do speak a little of the seller’s language.
• Do maintain a friendly demeanour.
• Do make sure both the buyer and seller understand the price.

Bargaining Don’ts

• Don’t be rude.
• Don’t show too much or too little interest.
• Don’t use logic to argue merits of the item or try to justify your offer.
• Don’t start too low.
• Don’t be confrontational.
• Don’t be embarrassed.
• Don’t be too frugal.

Note: My Friend Dhanraj has a formula which is deferent than what I said Above. He offer 10% of the asking Price and settle for 30% huh!